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Shuttering of the government (or parts of the government) following appropriations lapses has become an increasingly common phenomenon in recent times. 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.
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As the second quarter of 2024 begins, there is a lot on the horizon for those who do business with the government: New regulations and laws and even the revival of a long time argument. Going forward, it matters to government contractors for some unique reasons that are probably lost in the big debate over the tax bill in general.
Government treasury bills (“T-bills”) becomes higher than the interest rate on 10-year U.S. Government treasury notes. [6] 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.”
Firm fixed price (FFP) contracts are a common type of agreement used in governmentcontracting. 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.
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]
The Civilian Board of Contract Appeals (CBCA) functions as a tribunal at which contractors and civilian agencies can “resolve contract disputes between government contractors and agencies under the Contract Disputes Act.” Looking for the latest governmentcontracting legal news?
If you are a government contractor, odds are you have faced a situation where some aspect of the contract you were performing changed outside of your control, or you ran into something that neither you nor the government expected. You are asking the government to make you whole for something that was outside your control.
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.
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.
In the world of governmentcontracting, understanding the basics of Requests for Proposals (RFPs) and Requests for Quotations (RFQs) is crucial. Let’s explore the six essential elements that make RFPs and RFQs successful in governmentcontracting.
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.
As we prepare for our 16th episode of Season 11, here are a few Episode 16 FAR Facts for us to think about: The Government may authorize and consent to a contractor’s use of inventions in the performance of a Federal Governmentcontract even though such use would violate a third party’s U.S. FAR 27.102(b) and FAR 52.227-1.
Our next episode will cover FAR Part 42 (ContractAdministration and Audit Services) and Part 43 (Contract Modifications)! Government after contractors have executed an asset sale agreement. Government. Hello and thank you for joining us for Episode 21 of Fun with the FAR Season 11! FAR 42.1204. FAR 42.1202.
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.
The Coalition for Government Procurement is thrilled to announce the 2023 recipients of the Excellence in Partnership (EIP) Awards! The recipients of the 2023 EIP Awards demonstrated exemplary dedication, expertise, and commitment to advancing the partnership between government and industry.
F AR Part 42 will cover ContractAdministration and Audit Services and FAR Part 43 will cover Contract Modifications ! As a general rule, Government stop work orders should not last more than 90 days. Hello and thank you for joining us for Episode 22 of Fun with the FAR Season 10! FAR 43.202.
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. whose wrongfulness would cause the task order’s issuance to be improper.”
This is the fourth of an eight-part series addressing cutting-edge strategies for Certified Claims under the Contract Disputes Act (CDA). But is a Claim the only way to request additional time and/or money from the government? So, if you are owed time and money on a contract, should your next move be a CDA Claim or an REA?
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?
2] Since Congress has not created a new Federal Holiday since 1983, Federal contractors and subcontractors may be out-of-practice as to what a new Federal Holiday means for fringe benefits to employees, and for contract compliance. Particularly, what does the contract say? Christmas Day, December 25.” [2]
For example, the PAP directs FSS contracting officers to “leverage the collective buying power of the government to obtain competitive, market-based pricing.” Yet, FSS contracts are not requirements contracts. They do not require the government to purchase all its requirements from FSS program contracts.
When dealing with government procurement, understanding the different types of contracts is crucial. This guide breaks down the major contract types government agencies use, including fixed-price, cost reimbursement, time and materials, and IDIQ contracts. However, this predictability comes with a trade-off.
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.
GAO Report Highlights EHR Improvements and Challenges On March 12, the Government Accountability Office (GAO) issued a report on the VAs Electronic Health Record (EHR) modernization program. The comments herein do not necessarily reflect the views of The Coalition for Common Sense in Government Procurement. Authored by Jacqueline K.
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