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Every five years, the government is required by 41 U.S.C. 1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. Here are some of the proposed new thresholds for the FAR. million to $9.5 FAR 19.502-2.
Trying to figure out how to get a governmentcontract? 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!
The rule, which applied to open market competitions, will, once the rule is finalized, also apply to multiple award contract vehicles. And so based on that interpretation of the Small Business Act and the implementing regulations of procurement vehicle, that’s a multiple-award contract would also be subject to the Rule of Two.
Want to start selling to governments but dont know where to begin? This guide breaks down the crucial steps: identifying contracting opportunities, understanding procurement processes, and building relationships with government buyers. Dive in to learn strategies that can help you secure lucrative governmentcontracts.
124.506 , if an 8(a) contract price would exceed a certain threshold ($7 million for manufacturing contracts, $4.5 In particular, it does not apply to bridge contracts. The problem was that now, the 2022 contract to Peregrine was about to expire with no successor to take on the data management services.
OHA reminded contractors that the nonmanufacturer rule applies only to acquisitions over the simplified acquisition threshold. As avid readers of our blog know, some things that can be quite confusing in small business federal contracting are the limitations on subcontracting, and its counterpart, the nonmanufacturer rule.
One would think the $25 million threshold applicable to protests of DOD task orders (the threshold is $10 million for civilian agency task orders) would be easily understood and simple to apply. The RTOP sought to award one cost-plus-fixed-fee task order to a successful offeror that represented the best value to the Government.
Current FAR 9.506 simply commands contracting officers to review OCIs, but with little guidance for agencies. The rule will note that “Incumbent contractors may have a natural advantage that is not unfair when competing for follow-on contracts because of knowledge and expertise developed during contract performance.”
We will continue to work hard to provide helpful federal contracting news and updates in 2024 and we truly appreciate your continued support and feedback. Enjoy a final few federal contracting updates to round out the year, including the new CMMC rules and new SDVOSB goals. Happy new year!
The Rule of Two is the federal contracting rule requiring agencies to set aside a solicitation for competition only between small businesses when there are at least two small businesses that could do the work for a fair price. But that rule does have some exceptions. Otherwise, the acquisition may be partially set-aside under FAR 19.502-3.
For the former, the information below can serve as a refresher on the basics of economic disadvantage–but also, a source for SBA’s most recent economic disadvantage thresholds (as of 2024, as these are updated periodically for inflation ). What are SBA’s current economic disadvantage thresholds ?
The requirement to pay “prevailing wages” to covered workers is a perennial aspect of many types of governmentcontracting, including construction contracts subject to the Davis-Bacon Act (“DBA”) and certain related laws (collectively referred to as the Davis-Bacon and Related Acts or “DBRA”).
We get a lot of questions about federal governmentcontracting as federal governmentcontracting attorneys, which makes sense. This is also unsurprising, as the government really did not do the best job in making it clear what this act does. Looking for the latest governmentcontracting legal news?
Interview Transcript: Tom Temin Dan, the uniform guidance is a little bit outside of FAR and contracting concerns. So the federal government spends more than $1 trillion a year in grants and other federal financial assistance. Let’s talk about maybe the threshold for what gets audited. Dan Ramish Yes, Tom.
One of the perks of being certified in any of the SBA’s small business socioeconomic contracting programs is the fact that there is potential for a sole source award. As you will see below, it is easier for contracting officers to give sole source awards to 8(a) Program participants. What is a sole source award?
As a threshold matter, attendees will learn the differences between teaming and subcontracting, why both types of agreements can be essential, and when in the procurement timeline each is used. Finally, she touches on some the most common subcontracting mistakes made by subs and primes in federal contracting, and how to avoid them.
The Veteran-Owned Small Business (VOSB) Program has long held a sort of unheralded position in SBA and federal contracting. In contrast, all agencies can set aside contracts for SDVOSBs. But things might be changing, as Congress has proposed a big step towards expanding what agencies can set-aside contracts for VOSBs.
To be at the 100-employee threshold, the employer must be a “business enterprise that employs— (i) 100 or more employees, excluding part-time employees; or (ii) 100 or more employees, including part-time employees, who in the aggregate work at least 4,000 hours per week, exclusive of hours of overtime.” [57]
Below, we recap her primary takeaways, giving readers a comprehensive guide to winning more governmentcontracts with GovSpend. For instance, if you sell rock salt, you’ll notice peak spending in Q3 and Q4, which helps you time your efforts accordingly or pinpoint when contracts with your competitors are up for renewal.
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. The September 2023 Cost Corner concluded a three-part series on TINA.
Multiple-award contracts don’t mean everyone who bids get a slot. Interview Transcript: Tom Temin So this was protested, not to the [Government Accountability Office (GAO)], but to the court in the first place, the Court of Federal Claims. And so this protest involved a challenge to that competition for the on ramp.
If you are a small business government contractor who ever utilizes subcontractors to complete federal set-aside contracts, knowing what a “similarly situated entity” is for a given contract is vital to your success. So, let’s take it back to the basics of “similarly situated entities.”
Here at SmallGovCon, we have always endeavored to stay on top of all the different changes to the myriad of small business contracting programs. Additionally, Mentors are able to either receive some small business contracting credit or reimbursement of costs through the DoD Mentor-Protégé Program. Need legal assistance?
The changes apply to all solicitations and contracts, including those at or below the Simplified Acquisition Threshold and for commercial-off-the-shelf products and services. It is in the best interest of the government to apply whistleblower protections through a clause in all federal governmentcontracts.”
million for construction contracts). While the specific goal will vary with each contract (or in some cases may be on a company-wide basis), it is rare for a contracting officer to find a large business hasn’t met the given goal. of completed contracts for 2022 for SDVOSBs! It was as low as 35.9%
The Cost Accounting Standards Board (CASB) recently announced that it seeks public comments on “whether and how” to amend the rules to clarify whether the CAS apply to indefinite value contract vehicles (or IDVs, otherwise known as indefinite-delivery / indefinite-quantity, or IDIQ, contracts).
The FAR rule will become effective on December 4, 2023, and will apply to new contracts and contracts subject to extension or renewal. The rule instructs that existing IDIQ contracts should be modified by the Government within six months of December 4, 2023 to apply the requirements to future orders.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. The current topic is Federal Acquisition Regulation (FAR) Cost Principles applicable to contracts with commercial organizations. 1] This definition is quite broad.
Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Better contracts and processes, for example, could reduce the risk of delays, quality problems or unexpected costs.
Obviously, readers are very interested in why they should use a teaming agreement for federal contracts. This post can tell you all the basics about debriefings, a crucial part of the complicated world of bidding on governmentcontracts. Before you can bid on a federal contract, you have to be registered in SAM.
The common belief is that only when the award of a subcontract exceeds the cost or pricing data threshold. Governmentcontracts and subcontracts should have commercial determination regardless of the dollar value. When is a commercial determination required in the Federal Acquisition Regulations (FAR)?
Subject to limited exceptions, GAO’s bid protest jurisdiction over Department of Defense (DoD) awards of task orders under multiple-award contracts is limited to those “valued in excess” of $25 million. The solicitation provided for a cost-plus-fixed-fee task order and contained multiple cost-reimbursable contract line items.
While municipal laws on State immunity vary, the dominant view in modern international legal practice is that a State’s consent to arbitration, whether under a treaty or a contract, constitutes a waiver of immunity from jurisdiction, but not from execution. Immunity from execution generally requires a further express waiver.
A performance bond secures performance and fulfillment of the contractor’s obligations under the contract. Generally, agencies shall not require performance and payment bonds for other than construction contracts. The post Season 11: Episode 17: FAR Facts appeared first on Public Contracting Institute - GovernmentContracts Training.
Contracting Officers are not required to eliminate all contract risk when executing or administering Governmentcontracts. Only Contracting Officers have the authority to award, modify, or terminate a Governmentcontract. FAR 1.102-2 (c)(2). FAR 1.103 (b). FAR 1.602-1.
For instance, contractors face a difficult road to recover costs in a firm-fixed-price contracts. Contractors have also dealt with less responsive contracting officers due to work from home policies that are still wide-spread in the government. 238120 Structural Steel and Precast Concrete Contractors, Roofing Contractors 16.5
We cover the eligibility criteria, application steps, and the tangible benefits you can gain from this program, aiming to enhance your competitive edge in governmentcontracting. Once certified, your business becomes eligible for sole-source contracts up to $7 million for manufacturing and $4.5
Understanding key clauses and provisions in the Federal Acquisition Regulation (FAR) is crucial for success in governmentcontracting. Changes Clause (FAR 52.243-1) The Changes Clause is a fundamental provision that allows the government to make unilateral changes to the contract within its general scope.
The government needed both a repository for storing and managing and disseminating visual intelligence and also the computer vision functions that Percipient provided. And so at most, it could act as a prospective subcontractor, but it couldn’t prime contract the work with the government. Tom Temin: Right. Dan Ramish: No.
Taking this into consideration, as well as the volume of GSA Federal Supply Schedule (FSS) contracts and thereby source competition afforded the federal acquisition community, it’s quite interesting how the FAR prescribes “order set-asides.” How does the Act provide for the setting-aside of BPA Orders?
Taking this into consideration, as well as the volume of GSA Federal Supply Schedule (FSS) contracts and thereby source competition afforded the federal acquisition community, it’s quite interesting how the FAR prescribes “order set-asides.” How does the Act provide for the setting-aside of BPA Orders?
Looking to access federal contracts as a woman-owned small business? It empowers economically disadvantaged women to secure set-aside contracts. These guidelines are designed to ensure fair representation and opportunities for women entrepreneurs in federal contracting. The EDWOSB certification is key.
Trade agreements and country of origin requirements play a big role in international trade and governmentcontracting. These rules are important because they affect things like taxes and which products can be used in government projects. .” The TAA applies to procurements above certain dollar thresholds.
Contracting Officers are not required to eliminate all contract risk when executing or administering Governmentcontracts. Only Contracting Officers have the authority to award, modify, or terminate a Governmentcontract. FAR 1.102-2 (c)(2). FAR 1.103 (b). FAR 1.602-1.
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