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Why contractor pricing misconduct seems to endure perpetually

Federal News Network

The company is under Justice Department investigations for defective pricing, foreign bribery and violations of the Arms Export Control Act. And I don’t believe we’re using that power effectively to drive the best prices. Not some fly-by-night, but rather the legacy contractor Raytheon. Tom Temin Right.

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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.

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Bid Protest Minute: The High Bar to Proving Contract Officer Bias

GovCon & Trade

Specifically, “[t]he lowest price[d] offer will be evaluated and if it is in the highest category of past performance, no other review will be completed. If it is not in the highest category of past performance, we will evaluate the next lowest [priced] offer in the highest past performance category.”

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Strategies for Dealing with a Government Shutdown

SmallGovCon

This report noted that “the Antideficiency Act significantly limits an affected agencys ability to solicit and award new contracts, to obligate new funds to existing contracts, and to perform essential contract administration functions.”

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What is Fair and Reasonable Transparency? 

The CGP

In the past, FAS did, in fact, post operational policy documents, essentially providing the public, including its industry partners, with a virtual library of the guidance governing and shaping contract administration and management across the organization.

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FAR & Beyond: GSA’s TDR Expansion – The Journey Continues

Federal News Network

The performance results showed that contract level pricing was better under TDR than under Most Favored Customer (MFC) pricing. Small businesses generated stronger growth under TDR than small businesses under MFC pricing. The PRC is a vestige of the 1980’s MAS program and serves as a significant barrier to entry.

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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]

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