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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.

Price 52
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Bid Protest Minute: The High Bar to Proving Contract Officer Bias

GovCon & Trade

By: Richard Arnholt On November 8, the Government Accountability Office (GAO) denied an unsuccessful bidder’s protest that asserted the Veteran Administration’s (VA) evaluation of Texas Waste Company’s past performance was unreasonable and reflected the Contracting Officer’s (CO) bias.

Bidding 147
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Demystifying FedRAMP Certification: The Pathway to Secure Federal Contracts

Public Contracting Institute

Demystifying FedRAMP Certification: The Pathway to Secure Federal Contracts As a government contractor, securing federal contracts is crucial for business growth and success. One critical aspect of winning government contracts is achieving FedRAMP certification.

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6 Key Elements of Successful RFPs and RFQs

Public Contracting Institute

In the world of government contracting, 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 government contracting.

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Unlocking Opportunities: 6 Small Business Programs in Government Contracting

Public Contracting Institute

In the world of government contracting, small businesses play a crucial role in fostering innovation and economic growth. The Public Contracting Institute (PCI) is committed to supporting these enterprises through comprehensive training and resources. This program allows agencies to set aside contracts specifically for SDVOSBs.

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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.

Price 68
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Season 11: Episode 16: FAR Facts

Public Contracting Institute

As we prepare for our 16th episode of Season 11, here are a few Episode 16 FAR Facts for us to think about: The Government may authorize and consent to a contractor’s use of inventions in the performance of a Federal Government contract even though such use would violate a third party’s U.S. FAR 27.102(b) and FAR 52.227-1. FAR 27.301.