Remove Contract Administration Remove Government Remove Government Contracts
article thumbnail

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%

article thumbnail

How legislators could make things a little easier for those companies working with the government

Federal News Network

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.

article thumbnail

Government Contracts Issues for a Recession

Procurement Notes

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.”

article thumbnail

Strategies for Dealing with a Government Shutdown

SmallGovCon

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.

article thumbnail

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.

Price 52
article thumbnail

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. 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]

Price 52
article thumbnail

Government Claim Appeals Nuggets from the ASBCA and CBCA 2023 Annual Reports

SmallGovCon

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 government contracting legal news?