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Unlocking Opportunities: 6 Small Business Programs in Government Contracting

Public Contracting Institute

In the world of government contracting, small businesses play a crucial role in fostering innovation and economic growth. The Public Contracting Institute (PCI) is committed to supporting these enterprises through comprehensive training and resources. Types of Set-Asides Total Small Business Set-Asides: 23.6% 8(a) Set-Asides: 5.3%

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Government Contracts Issues for a Recession

Procurement Notes

Air Force with the expectation that its contract will continue to be renewed during the foreseeable future. Additionally, generally, the reasonable costs of preparing, submitting, and negotiating an REA are contract administration costs, and consequently are also recoverable. 32] See Archive, bea.gov, (last modified Feb.

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Why File: A Request For Equitable Adjustment

SmallGovCon

Requests for equitable adjustment are considered negotiations rather than litigation, and under FAR 31.205-33 , contract administration costs are allowable costs. Generally, costs in preparing requests for equitable adjustment are considered part of the negotiation process, and so are considered contract administration costs.

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Government Contracts Cost and Pricing: Introduction to the Federal Acquisition Regulation Cost Principles (Part 1)

Government Contracts & Investigations

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. 23] Because the test for allocability is stated in the disjunctive, a cost is allocable to a Government contract if it meets any of the foregoing criteria. [24]

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Understanding Firm Fixed Price Contracts: Benefits and Risks for Government Suppliers

Public Contracting Institute

Firm fixed price (FFP) contracts are a common type of agreement used in government contracting. Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project.

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Ohio Panel Revives Gov't Contract Overseer's Breach Suit

Government Contracts

An Ohio appellate court revived a government contract administration company's suit against a state agency it claimed cut its revenue by millions by diverting potential projects from the firm despite their third-party administrator contract, reversing a lower court's decision that the claim was filed too late.

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Demystifying FedRAMP Certification: The Pathway to Secure Federal Contracts

Public Contracting Institute

Demystifying FedRAMP Certification: The Pathway to Secure Federal Contracts As a government contractor, securing federal contracts is crucial for business growth and success. One critical aspect of winning government contracts is achieving FedRAMP certification.