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
Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies. Most organizational procurement policies define thresholds that dictate when a particular method should be used. What is a Solicitation Tool?
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!
Interview Transcript: Tom Temin Dan, the uniform guidance is a little bit outside of FAR and contracting concerns. And increasingly, the federal grant in assistance space is becoming subject to more requirements that start to look like government contracts. Let’s talk about maybe the threshold for what gets audited.
“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.
Howeversignificant activity is expected after the election, including negotiations on annual spending bills and the National Defense Authorization Act (NDAA). The FIT Procurement Act would increase the simplified acquisition threshold from $200,000 to $500,000 and raise the micro-purchase threshold from $10,000 to $25,000.
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. Such access is in the public interest because it promotes efficiency and realism.
This article considers the reasons why parties often choose to seat their arbitration in a foreign jurisdiction, looking in particular at commercial contracts in Pakistan with an arbitration clause seating the dispute in London. Under Section 3.6(a)
The biggest one is, as you well know, when a contractor bids on a government solicitation, frequently, one of the requirements is to name and put resumes in of the key personnel, that are going to be performing that work if you win, especially in the services contract arena. Oftentimes, though, the proposal isn’t acted on very quickly.
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. Such access is in the public interest because it promotes efficiency and realism.
We have about 60 different federal contract sites around the D.C. Now, this has been reviewed by the Ability One Commission and the proposed rule, which is now in its final stages and expected to come out soon, proposes to compete contracts. And as long as the nonprofit is performing the work satisfactorily, we keep the contracts.
EPAs are mechanisms built into contracts to increase or decrease stated contract prices of goods or services, generally contingent on market conditions. Contractors rapidly found that their MAS offerings were no longer economically feasible and began removing important goods and services from their contracts.
I continue exploring the use of public procurement as a tool of digital regulation (or ‘AI regulation by contract’ as shorthand)—ie as a mechanism to promote transparency, explainability, cyber security, ethical and legal compliance leading to trustworthiness, etc in the adoption of digital technologies by the public sector.
which applies to contracts with commercial organizations. Applicability of the FAR Cost Principles The FAR Cost Principles apply to the “pricing of contracts, subcontracts, and modifications whenever cost analysis is performed.” [1] The September 2023 Cost Corner concluded a three-part series on TINA.
The Final Rule also makes many changes to 2 CFR Parts 180 and 200, including, but not limited to, increasing the threshold for audits, clarifying the requirements for fixed amount awards, and implementing a mandatory disclosure rule. Subrecipients must also submit a copy of any written disclosure to the pass-through entity.
This often includes a requirement to keep the contracting approvals process separate from the payment function. responsible contracting practices Often, a key consideration in both sectors is the use of environmentally friendly and socially responsible contracting practices.
The FAR council said that in the proposed rule, because it touches anybody that has a contract, that includes some information and communication technology, which is a hugely broad definition of things. Mostly they’ve just been doing almost nothing in a lot of their contracts. Tom Temin Right. Tom Temin Sure. They’re huge.
For contracting authorities and suppliers bidding for public sector contracts, the procurement rules remain largely unchanged, at least for the moment. Some minor amendments have been made to the Public Contracts Regulations 2015 to ensure the rules will work in practice for a UK domestic system. What About State Aid?
The public procurement rules recognise there are certain circumstances when public bodies, including universities, can derogate from the general principle of advertising and tendering contract opportunities and directly award a contract. These are narrowly interpreted. The requirements can only be met by a single provider.
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]
Part 2 will cover the debarment list; contract award process and what options are available to suppliers if things go wrong. Extension of scope of the Act across the procurement and contract lifecycle to include contract management. For below thresholdcontracts , Contracts Finder will still be active.
This is the fourth of an eight-part series addressing cutting-edge strategies for Certified Claims under the Contract Disputes Act (CDA). So, if you are owed time and money on a contract, should your next move be a CDA Claim or an REA? The contractor seeks damages based on government-caused impacts to a contract.
Larry Allen Tom, I think that the change coming from the Office of Management and Budget, where they are going to implement the rule of two for task orders against all multiple award IDIQ contracts except the GSA schedules, is potentially a big deal depending on the size of your company. So, think about companies on NASA SEWP.
It contended that this clause amounted to a contract of adhesion with arbitrary terms. It explained that in typical contractnegotiations, once the parties’ proposed terms are accepted, a binding contract is formed. The Appellant delivered the contracted works and issued invoices that were not paid. Dubai CoC No.
The current topic is Federal Acquisition Regulation (FAR) Cost Principles applicable to contracts with commercial organizations. Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. 1] This definition is quite broad.
Despite negotiations, GBO notified CAI that the agreement was terminated, alleging several breaches. This regulation grants a safe harbor for vertical agreements under certain conditions (among others, a 30% market share threshold and the absence of “hardcore” listed restrictions).
Of note, the bills would require the NIST guidance to include standards by which a supplier would have to attest compliance in order to be eligible for a federal artificial intelligence contract award. A failure to do so could render the vendor ineligible to receive artificial intelligence-related contract awards.
The decision will also be of interest to insurers, banks and any other third parties who deal with contractual rights arising under an English law contract containing a prohibition on assignment. He went on to note that “[h]ad [the transfer] been made under […] the insurance contract, the position might well have been different.
CC/Devas and Deutsche Telekom : both companies initiated separate proceedings against India under the India-Mauritius and Germany-India BITs, contesting their exclusion from satellite contracts on alleged security grounds. a negotiation period, time limitations, or excluded disputes). Both tribunals awarded damages to the investors.
Additionally, we’ll explore what’s next for the General Service Administration’s (GSA) programs, interagency contracting, and agency acquisition systems. Additionally, the bill would provide GSA with additional flexibility to award contracts based on “best value” as opposed to solely focusing on the “lowest cost alternative.
Questions remain about vertical and horizontal contract duplication arising from the ASCEND BPA acquisition strategy. The purpose is to improve agencies’ ability to access data and information from across the government throughout the contracting process.
federal government contracts signed every year and they may be impacted by a shutdown. What is the Impact on Federal Government Contracting? The issues that contractors would face under a government shutdown may vary with the circumstances of individual contracts, but there are a number of common considerations.
For government contractors working with various agencies of the United States government, following specific rules for government contractors is essential for compliance and securing contracts. These regulations are enforced by various agencies of the United States government to ensure compliance and fairness in federal contracting.
Jay Blindauer A contractor takes on a Government contract to make money, and inflation is getting in the way. With inflation eroding value for this long, a Government contractor may need to obtain contract relief. Obviously, contract type matters. Fixed-price contracts are the most vulnerable.
He began with the Government Accountability Office before serving as Chief Counsel to the then-GSA Board of Contract Appeals. final rule (which is still pending), DoD program offices and requiring activities will determine whether to use clause DFARS 252.204-7021 in contracts and solicitations. Tom also was Counsel to the U.S.
By the end, you’ll be well-equipped to approach sole source contracts with confidence, ensuring compliance and due diligence in your single-source endeavors without resorting to fluff or salesmanship. In such cases, the competitive bidding requirement is not applicable. How is fair pricing ensured in sole source procurement?
These sessions will explore the trends and initiatives shaping federal healthcare contracts after the election, into 2025, and beyond. In addition, below are considerations for member companies to manage contract and cost risks in the event of a government shutdown on October 1: Review your contract- What is the contract type?
SBA has apparently taken seriously feedback from small business that “improvements are needed to make its socioeconomic contracting programs more uniform, in order to relieve burdens associated with compliance with multiple programs.” A major theme of the proposed rule is promoting uniformity across the size and status certification programs.
Jay Blindauer A contractor will often incur a significant cost (in time and money) to prepare and submit a proposal for a possible Government contract. Indeed, a GAO protest is generally not helpful if the contested contract/order is already substantially performed before a protest decision is reached.
Through transactional data, GSA identified the vendor selling the impacted products, as well as deliverable descriptions, sales, and contract numbers. For bulk sensitive personal data, there is a yet-to-be-determined volume threshold that must be involved in the transaction for it to be covered. Government (e.g.,
The Federal Acquisition Regulatory Council recently published a proposed ruled that, once implemented, will require the use of project labor agreements (PLAs) on federal construction projects with a contract value of $35 million or greater. 14063 addresses the use of PLAs in the government contracts. 14063) issued on February 9, 2022.
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.
Cyber Threat and Incident Reporting and Information Sharing (FAR Case 2021-017) This proposed rule is meant to apply to contracts where information and communications technology (ICT) is used or provided in the performance of the contract. The new FAR provisions are to be included in all solicitations and contracts.
8(a) set-aside contracts help socially and economically disadvantaged small businesses access federal contracting opportunities. Managed by the SBA, these contracts are reserved exclusively for 8(a) certified firms, supporting their growth and competitiveness.
Notably, the Nigerian government also aims to prevent the use of overly ambitious arbitration agreements in contracts involving the Federal and State MDAs, allowing for better management of the arbitration process (paragraph 3 (m)). In the P&ID case, The Hon. and 16.5).
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