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This TDR expansion is another positive step forward for GSA as it seeks to modernize the program by creating a market-centric framework that enhances competition, value, and innovation. Significantly, TDR also reduces burdensome contractadministration costs for GSA and its MAS contractors by eliminating the Price Reduction Clause (PRC).
This TDR expansion is another positive step forward for GSA as it seeks to modernize the program by creating a market-centric framework that enhances competition, value, and innovation. Significantly, TDR also reduces burdensome contractadministration costs for GSA and its MAS contractors by eliminating the Price Reduction Clause (PRC).
The Biden Administration continues to focus on leveraging the procurement system to meet small business procurement goals, including small-disadvantaged business, as well as acquiring sustainable products and services, enhancing cybersecurity, and promoting domestic sourcing and innovation.
The Biden Administration continues to focus on leveraging the procurement system to meet small business procurement goals, including small-disadvantaged business, as well as acquiring sustainable products and services, enhancing cybersecurity, and promoting domestic sourcing and innovation.
The Biden Administration continues to focus on leveraging the procurement system to meet small business procurement goals, including small-disadvantaged business, as well as acquiring sustainable products and services, enhancing cybersecurity, and promoting domestic sourcing and innovation.
The cost plus fixed fee and cost plus award fee contracts are two common types, each offering distinct advantages in terms of risk management and performance incentives. Allowing multiple contractors to compete for individual task orders benefits agencies with a broader range of solutions and innovations.
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.” It also prescribes and/or recommends additional data collection requests for FSS contractors.
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. This is important for contractadministration and staffing concerns.
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