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Fixed Price Contracts: Government Contractors Beware

Government Contracts Navigator

Many predict that, among other procurement and regulatory reforms, the new administration will implement policies favoring the award of fixed-price government contracts and grants. Throughout the years, the procurement pendulum has swung back and forth in favor of and against fixed-price contracting.

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Strategies for Dealing with a Government Shutdown

SmallGovCon

Shuttering of the government (or parts of the government) following appropriations lapses has become an increasingly common phenomenon in recent times. Funding lapses interrupt the usual predictability of government operations, which harms both agencies and federal contractors that are left in limbo with stop work orders.

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Pricing Federal Contract Bids: Do’s and Don’ts

Government Contracts & Global Trade

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?”

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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. Greg Williams, from the Project on Government Oversight, joined the Federal Drive with Tom Temin to discuss more. Not some fly-by-night, but rather the legacy contractor Raytheon.

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Dell Whistleblower Suit Leads to $4.3 Million Settlement over Non-Competitive Bids to the Army

Whistleblower Network News

Fraud in the government contracting process costs taxpayers untold dollars each year,” said U.S. We will continue to work with our federal law enforcement partners to investigate and pursue those who commit government contracting fraud.” Attorney Prim F. Escalona for the Northern District of Alabama. “We

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Whistleblower Suit Against Lockheed Martin Leads to $29 Million Settlement

Whistleblower Network News

Department of Justice (DOJ) announced that Lockheed Martin Corporation agreed to pay $29 million to settle allegations that it violated the False Claims Act through defective pricing on contracts for F-35 military aircraft. Qui tam whistleblowers are eligible to receive between 15 and 30% of the governments recovery.

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Proposed Increases to Micro-Purchase, Simplified Acquisition, and Other Thresholds

SmallGovCon

Every five years, the government is required by 41 U.S.C. As such, the government is once again looking to increase these thresholds in light of the inflation that has occurred over the past five years. If the actual consumer price index differs, the figures may be adjusted. Questions about this post?