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Funding lapses interrupt the usual predictability of government operations, which harms both agencies and federal contractors that are left in limbo with stop work orders. Unfortunately, unlike many other topics, the FAR has little say when it comes to procedures for contractors to follow during or following a government shutdown.
In the world of governmentcontracting, 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. This program allows agencies to set aside contracts specifically for SDVOSBs.
That said, the appellate court has taken a stab at it: “It is a remedy payable only when unforeseen or unintended circumstances, such as government modification of the contract, differing site conditions, defective or late-delivered government property or issuance of a stop work order, cause an increase in contract performance costs.”
23] And, as the Government has previously pointed out, “because the committee depends on government statistics that are reported at various lags, it cannot officially designate a recession until after it starts.” [24] Jay Blindauer The bond yield curve inverted in October 2022. [1] At least it has every time since 1968. [2] treasuries.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. Applicability of the FAR Cost Principles The FAR Cost Principles apply to the “pricing of contracts, subcontracts, and modifications whenever cost analysis is performed.” [1]
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 governmentcontracts is achieving FedRAMP certification.
An Ohio appellate court revived a governmentcontractadministration 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 administratorcontract, reversing a lower court's decision that the claim was filed too late.
And it basically allowed companies not just government contractors but all taxpaying companies in America, the opportunity to expense 100% of certain R&D expenditures in the year in which they were executed, which is obviously a big tax savings, right? What can you tell me about where things currently stand?
Our next episode will cover FAR Part 42 (ContractAdministration and Audit Services) and Part 43 (Contract Modifications)! Once a Federal agency assumes cognizance for a contractor, it should remain cognizant for at least 5 years to ensure continuity and ease of administration. Government. FAR 42.003(a).
.” As such, when reading about the CBCA you will typically hear about contract claims, and different contractadministration and performance issues. CBCA Cases of Note: In its annual report, CBCA lists summaries of nine cases that it deems “Decisions of Note.” Cobra Acquisitions, LLC v.
Understanding key clauses and provisions in the Federal Acquisition Regulation (FAR) is crucial for success in governmentcontracting. Changes Clause (FAR 52.243-1) The Changes Clause is a fundamental provision that allows the government to make unilateral changes to the contract within its general scope.
GAO noted that the question of whether personnel identified in an offer will actually perform under a subsequently awarded contract is generally a matter of contractadministration which GAO does not review. For other helpful suggestions on governmentcontracting, visit: Richard D.
While that seems like a large number, it pales in comparison to the number of federal contracts the federal government awards in a given year. On average, the government awards over 11 million contracts per year. To clarify, this system is not for feedback on contractadministration matters.
F AR Part 42 will cover ContractAdministration and Audit Services and FAR Part 43 will cover Contract Modifications ! However, under certain circumstances and utilizing strict guidelines, the contracting officer may unilaterally establish final indirect cost rates. Our next session will cover FAR Part 42 and 43.
After originally rejecting a government dismissal request based upon alleged lack of standing (a decision we covered here ), the CFC ultimately ruled it lacked jurisdiction over Percipient’s protest due to the FASA task order bar. a government action. United States , the Federal Circuit considered Percipient.ai 3406(f).
This innovative approach redefined the standard for all governmentwide MA IDIQs across the entire Federal Government. Since joining the National Industries for the Blind (NIB) in 1994, Kevin held numerous leadership positions and has worked with its nearly 100 associated nonprofit agencies to help bring common sense to government procurement.
A Claim puts the government “on the clock” and establishes a fixed deadline for a formal response (typically 60 days from the date it is filed). On the other hand, there is no firm or fixed deadline for the Contracting Officer to respond to an REA. What If the Government Rejects the REA (or Fails to Respond)?
Jay Blindauer A contractor takes on a Governmentcontract to make money, and inflation is getting in the way. With inflation eroding value for this long, a Government contractor may need to obtain contract relief. Relief So, how does a contractor obtain inflation cost relief from the Government?
For a Federal Holiday to apply to a contractor or subcontractor, it must be introduced through further action (such as through a contract clause or applicable wage determination). Particularly, what does the contract say? 13] Many contracts list in one of those sections the holidays that a contractor must observe.
This “internal” guidance outlines a host of evaluation and negotiation directives, standards, and considerations for FSS contracting officers. The PAP is an effort to support FSS contracting officers in determining what is a fair and reasonable price for offered products and services under an FSS program contract.
Capital Edge Tip Line April 1, 2025 Navigating GovernmentContracting Updates with Chad Braley Edition 3 Federal compliance continues to evolve, with significant updates impacting government contractors across multiple fronts. GSA Procurement Consolidation: $400B+ in Federal Contracts Whats happening?
Locking in project costs reduces financial uncertainty, making these contracts attractive for projects with well-defined scopes. This predictability is crucial for government agencies aiming to adhere to strict budget constraints, especially when entering into a governmentcontract.
This program is designed for both non-tech professionals such as contracts specialists, contractsadministrators, directors of contracts and others. It is also relevant to technology specialists who have to understand cloud computing concepts, FEDRAMP compliance and program initiatives.
The orders aim to eliminate what the administration considers to be illegal discrimination and preferences based on diversity, equity and inclusion (DEI) policies; slow down and create further checks on federal regulatory initiatives; and reduce the size and scope of the federal government.
GSA May Centralize Agency Contracting Under New Initiative Federal News Network reports that the Trump Administration is exploring the possibility of centralizing Federal agency contracting functions within the General Services Administration (GSA). The Phase 2 plans should be implemented by September 30, 2025.
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