LexBlog: Contracts & Procurement

NOVEMBER 22, 2022

In terms of differences, REAs are generally less formal than Claims and amount to a request for negotiated settlement of a disputed amount. On the other hand, there is no firm or fixed deadline for the Contracting Officer to respond to an REA. Jumping straight to a claim can have a chilling effect on those negotiations.

Negotiation 40

Negotiation Consulting Thresholds Contract 40

The Coalition for Government Procurement

AUGUST 9, 2024

The results also showed significant improvement in the completeness of the data and its overall use by contracting officers. Significantly, TDR also reduces burdensome contract administration costs for GSA and its MAS contractors by eliminating the Price Reduction Clause (PRC).

Price 45

Price Transparency Supply Chain Evaluation 45

Government Contracts & Investigations

OCTOBER 11, 2023

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] 3] Cost analysis is frequently performed, and the Cost Principles frequently apply, in pricing both fixed-price and cost-reimbursement contracts. Allocability.

Price 52

Price Government Contracts Government Government 52

Procurement Notes

MARCH 5, 2024

Jay Blindauer The bond yield curve inverted in October 2022. [1] 1] When that occurred, it started a countdown to recession. At least it has every time since 1968. [2] 2] Specifically, for the last eight recessions since 1968, every single recession was preceded by a bond yield curve inversion. [3] At least it has every time since 1968. [2]

Government Contracts 52

Government Contracts Government Government Contract 52

The Coalition for Government Procurement

MAY 3, 2024

GSA’s Multiple Award Schedule Program (MAS), with thousands of contractors offering millions of products and services, is the federal government’s largest commercial item contract vehicle. We also have discussed its impact on MAS contracting officers and contractors.

Data 78

Data Price Sustainability Supply Chain 78

Procurement Notes

OCTOBER 10, 2022

13] Even under a cost-type contract, where the Government carries significant risk for cost increases, a contractor may still have to put in extra diligence to demonstrate the reasonableness of costs. [14] Labor-hour and time-and-materials (“T&M”) contractors may experience trouble if pre-determined labor rates prove too low. [13]

Government 40

Government Government Price Contract 40

Federal News Network

MAY 3, 2024

GSA’s Multiple Award Schedule Program (MAS), with thousands of contractors offering millions of products and services, is the federal government’s largest commercial item contract vehicle. We also have discussed its impact on MAS contracting officers and contractors.

Data 59

Data Price Sustainability Supply Chain 59

Federal News Network

MAY 3, 2024

GSA’s Multiple Award Schedule Program (MAS), with thousands of contractors offering millions of products and services, is the federal government’s largest commercial item contract vehicle. We also have discussed its impact on MAS contracting officers and contractors.

Data 52

Data Price Sustainability Supply Chain 52

The Coalition for Government Procurement

NOVEMBER 2, 2023

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.

Supply Chain 52

Supply Chain Price E-procurement Contract 52

Select GCR

JANUARY 28, 2025

Cost reimbursement contracts repay contractors for actual allowable costs incurred within the project scope under a cost contract. Cost reimbursement contracts come in several variants, each tailored to different project needs.

Government 52

Government Government Contract Price 52

Federal News Network

MARCH 31, 2025

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.

Government Contracts 59

Government Contracts Government Government Contract 59

The Coalition for Government Procurement

MARCH 13, 2025

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.

E-procurement 52

E-procurement Efficiency Contract Electronics 52