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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. You need to look at every single purchase and make sure you’re getting the best deal possible.

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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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Thoughts on what is fair and reasonable?

Federal News Network

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.” Pay a Fair and Reasonable Price ). Emphasis added.) See Section 2.

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6 Key Elements of Successful RFPs and RFQs

Public Contracting Institute

Understanding the Fundamentals RFPs and RFQs are both tools used in government contracting, but they serve different purposes. An RFP is typically used for complex projects where the agency needs detailed proposals, while an RFQ is more suitable for simpler purchases where price is the primary factor.

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Thoughts on “What is Fair and Reasonable?    

The Coalition for Government Procurement

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.” Pay a Fair and Reasonable Price ). Yet, FSS contracts are not requirements contracts.

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ProcureWare Product Tip – Top 10 new features for 2017

Procureware

Ranked reverse auction In a standard (English) reverse auction, bidders see the current low price and can submit bids that are lower than other suppliers. In the Ranked Reverse Auction, the suppliers do not see the current low price; they only see where they rank relative to other suppliers.

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Government Contracts Issues for a Recession

Procurement Notes

Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%