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Many predict that, among other procurement and regulatory reforms, the new administration will implement policies favoring the award of fixed-pricegovernmentcontracts and grants. Throughout the years, the procurement pendulum has swung back and forth in favor of and against fixed-pricecontracting.
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.
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?”
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.
Fraud in the governmentcontracting 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 governmentcontracting fraud.” Attorney Prim F. Escalona for the Northern District of Alabama. “We
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.
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?
Although Congress averted a Government shutdown on October 1 by passing a temporary spending bill, we may be headed toward a shutdown next month. Fully-funded” contracts are also impacted by a shutdown.
When the Office of Federal Procurement Policy launched its Better Contracting Initiative in November 2023, leaders promised this time would be different when it came to developing enterprisewide software licenses. Having spent the last six months working with Microsoft, the government is pleased with the emerging alliance.
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. We defined CSOs as “another pathway for nontraditional technology companies to provide goods and services to the federal government.
Governmentcontracts come in various forms, each designed to fit specific needs. Whether you're new to federal contracting or an experienced supplier, knowing the differences between contract types is crucial for success in this complex industry.
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.
How do I get governmentcontracts? Key Takeaways Governmentcontracts offer significant growth opportunities for small businesses, with federal agencies allocating at least 23% of contracting dollars to small businesses annually. government promotes economic growth and job creation.
Winning a governmentcontract can be a major opportunity for small businesses, but understanding contract types is key to success. Firm-Fixed-Price (FFP) contracts are one of the most common governmentcontract types, offering a set payment amount that doesnt change, no matter the contractors actual costs.
Following a four-week bench trial, Gen Digital was found liable “for making knowing false claims to the United States when it mispresented its commercial sales practices during the negotiation and subsequent performance of a General Services Administration (GSA) contract,” according to the government.
“Fair and Reasonable” MAS contract level pricing is impacted by a host of factors. These include federal and commercial market conditions, government versus commercial contract terms and conditions, the Federal Acquisition Regulation (FAR), the General Services Acquisition Regulation (GSAR), and FAS policy, procedures, and training.
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!
Last weeks FAR & Beyond blog launched the Coalitions Government Procurement Efficiency List (GPEL) for the new federal market. The GPEL will be shared with key stakeholders across government. Put commercial back into commercial item contracting.
The government both creates and runs on data. Interview transcript: Charlotte Phelan: Historically, especially if you go back a multitude of years, the contract data would have been on PDF sheets. There is an efficiency for the contracting officer and efficiency for the supplier efficiency for the contract agency.
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.
Want to expand your small business with governmentcontracts? This article covers how a small business government contractor can qualify, find opportunities, and thrive in this space. We’ll explore essential resources, strategies for winning contracts, and compliance requirements. Recognizing the potential, the U.S.
Any company receiving a governmentcontract for the first time will have lots of questions and changes to their operations as a result of that contract. The question is, will the accounting structure and approach to the company’s accounting practices have to change?
Want to bid on government jobs? 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 governmentcontracts for your business. Why Bid on Government Jobs?
If you feel like prices for just about everything are going up, you’re not alone. In federal governmentcontracting, however, a contractor may not have the same leeway to raise its prices. CMS issued the RFQ to five GSA Schedule vendors under the procedures of FAR Subpart 8.4 , which governs FSS acquisitions.
The rule, which applied to open market competitions, will, once the rule is finalized, also apply to multiple award contract vehicles. In fact, it was made government-wide when the law was introduced in 1984. So it’s a huge part of governmentcontracting. That’s a big change. Tom Temin: OK. Tom Temin: Right.
Government contractors on the whole are optimistic about future business. They expect more growth as the government adopts artificial intelligence. I’m looking at the CMS recompeting a contract that, by all measures, was being conducted more than satisfactorily by a services contractor, but they want a new contractor.
10 years ago, we launched the Open Contracting Partnership from a single desk in snowy Washington DC with the grand ambition to transform public procurement, the world’s largest marketplace. We launched our Lift impact accelerator to work with high-performing teams inside and outside of government on compelling reforms to that end.
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.
This proposed statutory authority will immediately open up a world of innovation and efficiency for the government and industry. The current statutory language has been interpreted by some to require the lowest price regardless of terms and conditions at the contract level.
Last weeks FAR & Beyond blog launched the Coalitions Government Procurement Efficiency List (GPEL) for the new federal market. The GPEL will be shared with key stakeholders across government. There will be cross-cutting efficiency opportunities that will positively impact customer agencies and contractors across government.
So if you’re selling products or even if you’re selling services and you’re not sure where those are coming from, if you’ve subcontracted out some services, for example, if you know that the IG is going to be looking at TAA, you know your contracting officer is going to be looking at that, and proceed accordingly.
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.
and its subsidiaries will pay $5 million to settle charges that they violated the False Claims Act (FCA) “by falsely overstating cost or pricing data included in a subcontract proposal for work under a contract with the U.S. government. Department of the Army.” Army’s Tank Automotive Command (TACOM). Attorney Dawn N.
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.),
A recent argument a contractor made to the Contract Board of Appeals might lead companies to the wrong conclusion. It is another case of a company trying to recover unanticipated costs under a fixed pricecontract, costs incurred because of the COVID pandemic. The contracting officer denied the claim.
On December 21, the Government Accountability Office (GAO) dismissed a protest by ELS, an unsuccessful bidder on a Department of Defense (DOD) task order opportunity, concluding that it did not have jurisdiction to consider it. The protestor’s proposed price was $30,478,050, and its total evaluated price was $30,566,297.
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.
The firm offers solutions for cities , other governments and corrections. Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. In 2024, governments face challenges when they buy technology, Cunningham tells Co-op Solutions.
As discussed previously in this FAR and Beyond blog, the General Services Administration (GSA) has proposed to amend the Competition in Contracting Act (CICA) of 1984 to adjust the statutory authority for the Federal Supply Schedule (Schedule) program by clarifying what constitutes “competitive procedures” under the law.
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. What is Cooperative Purchasing?
However, the Defense Contract Management Agency reviews purchase order files for split purchases during a Contractor Purchasing System Review. The Government considers a split purchase when a contractor intentionally breaks down a requirement to stay under a regulatory threshold (e.g.,
Navigating the federal contracting landscape can be a daunting experience for small businesses. As a result, even when small businesses offer innovative, cost-effective solutions that meet the needs of the government, their opportunities to be selected are significantly reduced.
Core Government Services has won a potential five-year, $610 million contract from the U.S. Army Contracting Command is the contracting activity and received 16 offers for the firm-fixed-pricecontract, the Department of Defense said Wednesday. The service will determine work locations and funding
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