This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The most important section in your federal proposal and contract will always be pricing – just ask any CEO or federal buyer. But in today’s government market, there are a lot of areas that can confuse a contractor’s pricing strategy. And when you win the bid, the questions remain: “will we make a profit?”
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.
If you feel like prices for just about everything are going up, you’re not alone. In federal government contracting, however, a contractor may not have the same leeway to raise its prices. After evaluating the quotations, CMS announced that the order would be awarded to Octane Public Relations. B-421917.2,
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits.
The Procurement at Issue The Navy’s Naval Sea Systems Command (NAVSEA) issued a Request for Task Order Proposals (RTOP) to holders of the SeaPort Next Generation indefinite-delivery, indefinite-quantity (IDIQ) contract seeking to procure administrative and engineering support services. 4106(f)(1) and 10 U.S.C. 4106(f)(1) and 10 U.S.C.
Protests of contracts went down last fiscal year. The micro-purchase threshold, the simplified acquisition threshold, the 8(a) sole source contract ceiling and several other similar acquisition limits are likely to increase in 2025. Two data points help us understand some important facets of federal contracting.
Price analysis can be considered a stage of bid evaluation depending on the provisions of a legal and regulatory framework. It is an assessment of the evaluatedprice of a responsive bid to ascertain that it is not unreasonably high nor unreasonably low, but fair enough to the procuring entity and the supplier.
The fix is in for federal small business contracting. Ernst said she believes her bill, the Conforming Procedures for Federal Task and Delivery Order Contracts Act , will let agencies push reviews of cost back to the task order level where it belongs. And this fix is actually a good one. Gary Peters (D-Mich.), Gary Peters (D-Mich.),
We recently authored an article for Reuters examining Commercial Solutions Openings, a contracting mechanism through the Department of Defense (DoD), which seeks innovative commercial technologies or services. Award: CSOs are awarded on a fixed-price basis and include fixed-price incentive contracts.
Cooperative purchasing lets organizations purchase goods and services through contracts already competitively solicited and awarded by a lead agency. The lead agency conducts the solicitation and RFP process, sets the terms, and awards the contract to a supplier. This reduces the need for bid preparation and evaluation.
Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. GSA’s current use of algorithms and pricing data is instructive in this regard.
We often see price realism in protests when the protester is making the claim that the awardee’s price, which was lower than the protester’s price, is low enough that the awardee would not be able to perform the work as solicited. Most often, GAO will determine that the agency’s price realism analysis was acceptable.
It said, “[t]here is also a perception that small businesses often enter joint ventures to seek multiple award contract awards because procuring agency past performance and experience requirements make it difficult for many small businesses to qualify for the awards individually.”
In order to evaluate whether suppliers offers are giving a business the optimum value, benchmarking is required. When thinking about benchmarking the most common area that is reviewed is price, but as we know (and as mentioned in previous blogs) price is not the sole factor. Procurement is all about achieving value for money.
Invitation to Bid: Public agencies that issue an Invitation to Bid (or a Request for a Quote) have defined a specific scope of work for which they are requesting bid prices. Making the decision of award will be based on price alone. will be awarded the contract. How much is price worth?
By offering access to a broad portfolio of contracts with industry leading suppliers, OMNIA Partners helps procurement professionals streamline their sourcing process and ensures they’re working with trusted suppliers who meet high standards.
Notably, 180 of these were joint ventures from the SBA Mentor-Protégé Program (MPP), providing more evidence that companies leveraging combined capabilities, resources and past performance are well positioned to win federal contracts. Curiously, however, it seems to be doing the opposite. The potential rule change is baffling.
Trying to figure out how to get a government contract? This no-nonsense guide walks you through the contracting process, from initial eligibility to bidding, and ultimately enables your small business to win contracts available every fiscal year. You’re in the right place!
This efficiency opportunity will empower GSA to further streamline processes/procedures and create flexibly structured contracts that reflect commercial best practices. This measure alone has the potential of driving robust efficiencies across what is the largest shared services contracting program in government.
How do I get government contracts? Key Takeaways Government contracts offer significant growth opportunities for small businesses, with federal agencies allocating at least 23% of contracting dollars to small businesses annually. Annually, at least 23% of contracting dollars are specifically allocated to small businesses.
This is likely due to a spike in cases from the the Department of Health and Human Services’ award of Chief Information Officer-Solutions and Partners 4 (referred to as “CIO-SP4”) government-wide acquisition contract. Looking for the latest government contracting legal news? Why Are Cases Sustained? Call us at 785-200-8919.
Size and status protests, which are reviewed by the SBAs Office of Hearings and Appeals (OHA), are far less common than GAO protests which protest an evaluation aspect of a solicitation or award. But when they are used they can be a powerful tool to keep contracting dollars intended for small businesses to stay with small businesses.
When it comes to government contracting, choosing the right contract type is crucial for the success of your project. Two common contract types are Firm Fixed Price (FFP) and Cost-Reimbursement contracts. FFP contracts may be more suitable for experienced contractors with a proven track record.
Conflicts of interest in federal contracting can happen in a lot of ways. So analyzing data generated from other CMS contracts, among other things. Tom Temin Right, so now, nobody has the contract while CMS figures out what to do. And it may have scuttled the deal. Tom Temin All right. Zach Prince That’s right.
The report cites an important caveat to the increase, citing a single procurement—the Department of Health and Human Services Chief Information Officer-Solutions and Partners (CIO-SP4) Government-Wide Acquisition Contract (GWAC) – which generated a substantial number of protests during the year. Increase in the sustain rate.
This is essentially Federal Government Contracting 101 and applies to any type of solicitation. 17, 2023) , GAO looked at this issue in the context of a lowest-price, technically acceptable (LPTA) solicitation for a brand name or better product, with an unexpected ending that the protester surely did not see coming. In RELX, Inc.,
Labor is among the largest contract cost recorded to Government contracts. Inadequate recordkeeping can lead to low rankings in an audit or even worse: loss of contract. An adequate WAH policy and procedure includes, as a minimum: A contract between the employee and the contractor outlining expectations.
We get a lot of questions about federal government contracting as federal government contracting attorneys, which makes sense. If the contractor with the lowest priced domestic end product is a small business, the penalty is 30%. Looking for the latest government contracting legal news? Email us Need legal assistance?
The decision offers important lessons that contractors should keep in mind when evaluating solicitations; submitting proposals; and evaluating whether and when to file a bid protest. Identifying potential protest grounds is invaluable and can mean the difference between the award of a contract and an unsuccessful proposal.
Solicitations for brand name or equal products are commonly used by contracting officers to ensure that the products procured via the contract meet minimum requirements. The RFQ was for the award of a contract to the offeror that offered the “lowest-price technically acceptable quotation considering price and technical acceptability.”
This guide explains each step, from finding opportunities and registering in SAM, to crafting a strong bid and increasing your chances of winning contracts. Discover how to navigate the process and secure government contracts for your business. Why Bid on Government Jobs? Why Bid on Government Jobs?
It is based on years of experience from practicing Public and Project Procurement and takes into consideration bid evaluation procedures and practices applicable under several Public and Project Procurement legal and regulatory frameworks. Bid evaluation is the responsibility of a body known as the Bid Evaluation Panel.
The RFP contemplated the award of a cost-plus-award-fee contract. On September 11, the agency notified L3Harris that the contract was awarded to Ball. This OCI arises in circumstances where a contractor somehow evaluates itself or makes recommendations as to current or future procurement priorities.
For the moment, the Pentagon’s transition to a new multibillion dollar contract for household goods moves is being held up by IT integration issues between Defense Department systems and those of its prime contractor. HomeSafe’s pricing was bid in 2019, and we’ve seen a lot of inflation in our industry.
Most Economically Advantageous Tender (MEAT) is the measure for selecting the best out of the incoming bids based on factors that are related to the subject matter of the contract. It takes into account components like Cost, Quality, and Technicality of various bid proposals while deciding a contract award.
On November 16, 2023, the General Services Administration issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. limits on the timing and number of price adjustments). After all, in both these cases, the mechanisms are part of the contract.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. which applies to contracts with commercial organizations. We now move on to the FAR Cost Principles, specifically FAR Subpart 31.2,
Offerors are sometimes distressed when an agency selects a significantly higher priced, higher technically rated proposal in a best value determination. Jacobs protested the award of a contract for support services for the Electronic Proving Group (“EPG”) at Ft. For other helpful suggestions on government contracting, visit: Richard D.
And really this is all the catalog data that feeds into GSA Advantage, which is really our online shopping site,” Lee said on Federal Monthly Insights — Contract Management Modernization. We generally negotiated those pricing and terms and conditions with our contracting officers.
As FAS Commissioner Sonny Hashmi stated in a recent post, “Our regional based employees aren’t going away, but this shift in our structure will meet the growing demand from our customers that FAS respond holistically when it comes to contracting assistance.” PAP 2021-05, Evaluation of FSS Program Pricing, is one such example.
The decision offers important lessons that contractors should keep in mind when evaluating solicitations; submitting proposals; and evaluating whether and when to file a bid protest. Identifying potential protest grounds is invaluable and can mean the difference between the award of a contract and an unsuccessful proposal.
This efficiency opportunity will empower GSA to further streamline processes/procedures and create flexibly structured contracts that reflect commercial best practices. This measure alone has the potential of driving robust efficiencies across what is the largest shared services contracting program in government.
Gormley also shares the latest operational trends in the Multiple Award Schedule (MAS) program, including key contracting trends shaping the market (e.g., EPA processing,, TDR expansion, and priceevaluation procedures).
Over the next four years, GSA fine-tuned the applicability/scope of TDR, established evaluation criteria, and monitored TDR performance. In 2021, after reviewing the Fiscal Year 2020 evaluation results, GSA decided that the “TDR Pilot” was eligible for expansion.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content