Procurement Notes

OCTOBER 10, 2022

33] Also, like those FAR clauses, DFARS 252.216-7000 only allows an aggregate upward adjustment of no more than 10% (unless modified) of the original contract/order unit price, with no such limitation to a downward adjustment. [34] 57] Rather, determining whether a modification exceeds contract scope is highly fact dependent.

Government 40

Government Government Price Contract 40

Procurement Notes

MARCH 5, 2024

The Federal Government’s procurement spend in FY2023 was $765 billion ($470 billion for defense agencies), [106] and most of the procurement spend was discretionary spending. So, given that discretionary spending is more likely to be cut than mandatory spending, procurement spending cuts will be part of any significant budget cuts.

Government Contracts 52

Government Contracts Government Government Contract 52

The Coalition for Government Procurement

NOVEMBER 2, 2023

Background, of PAP 2021-05. While the PAP’s Background section cites this definition of what is “fair and reasonable,” the PAP’s “guidance” sets standards and directives that raises questions whether, when read as a whole, it provides guidance that will result in a price and terms that are fair to both parties in a transaction.

Supply Chain 52

Supply Chain Price Contract E-procurement 52