Remove Contract Administration Remove Definition Remove Negotiation
article thumbnail

Thoughts on what is fair and reasonable?

Federal News Network

Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” It also prescribes and/or recommends additional data collection requests for FSS contractors.

Price 90
article thumbnail

Why File: A Request For Equitable Adjustment

SmallGovCon

Curiously, as much as it is referenced in the FAR, there is no set definition for “request for equitable adjustment” in the FAR. Requests for equitable adjustment are considered negotiations rather than litigation, and under FAR 31.205-33 , contract administration costs are allowable costs. Donahoe, 695 F.3d

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Thoughts on “What is Fair and Reasonable?    

The Coalition for Government Procurement

Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” It also prescribes and/or recommends additional data collection requests for FSS contractors.

Price 49
article thumbnail

An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

Labor costs for which a definitive union agreement exists’);]” (9) “Allocate that part of the contract price subject to adjustment to specific periods of time (e.g., The goal is for the modification to be more of an issue of the parties responding to a performance dilemma, then it is altering the premise of the contract award.

article thumbnail

Government Contracts Issues for a Recession

Procurement Notes

Additionally, generally, the reasonable costs of preparing, submitting, and negotiating an REA are contract administration costs, and consequently are also recoverable. Alternatively, it can give the contractor an opportunity to negotiate a termination-for-convenience or no-cost termination.

article thumbnail

Friday Flash 11/03/23

The Coalition for Government Procurement

Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” It also prescribes and/or recommends additional data collection requests for FSS contractors.