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Communication is the connective tissue of federal procurement, bringing government and industry together on behalf of the American people. Transparency is in the government’s interests. There continue to be opportunities across government to further enhance transparency in acquisition policies and procedures.
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.
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.
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]
This column was originally published on Roger Waldron’s blog at The Coalition for Government Procurement and was republished here with permission from the author. This “internal” guidance outlines a host of evaluation and negotiation directives, standards, and considerations for FSS contracting officers.
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.”
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.
The Procurement Team involves divisions like Procurement Manager, Budget Holder, Management of the contract, and representatives of different sectors. The higher the value of the contract higher is the team size hence it important to understand the metrics based on which a bid is successful.
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.” Yet, FSS contracts are not requirements contracts.
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?
Significantly, TDR also reduces burdensome contractadministration costs for GSA and its MAS contractors by eliminating the Price Reduction Clause (PRC). The PRC is a vestige of the 1980’s MAS program and serves as a significant barrier to entry.
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?
This approach drives uncertainty in the MAS market and fundamentally discourages contractors from adding new, innovative items to their contracts for fear of being locked in contract Purgatory while essentially starting over negotiations for all items on their contracts.
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.” Yet, FSS contracts are not requirements 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.
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.
The new dashboard feature allows Authorized Negotiators to see upcoming baseline modifications up to 60 days in advance of the transition date. In addition, Authorized Negotiators will receive notifications 28 days, 14 days, and 7 days before their onboarding date. Authored by Jacqueline K.
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