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Why pricing and quantities go hand-in-hand for a fixed-price contract

Federal News Network

A contractor got into a pricing squeeze when the customer, in this case the Marine Corps, way underestimated the quantities for the services under the fixed-price contract. Why don’t you, contractor, just submit an REA for a go forward, change the unit pricing. This one just seeks a change in the unit prices.

Price 52
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Leidos to Provide F-16 Aircraft Support to Taiwan Under $987M Air Force Contract

GovCon Wire

Air Force has awarded Leidos a firm-fixed-price contract worth $987 million for F-16 fighter jet support to the Taiwanese military.

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Amentum Lands Navy Contract for Cargo Offload & Discharge Systems Support

ExecutiveBiz

Navy's cargo offload and discharge systems under a firm-fixed-price contract. The Naval Air Warfare Center Training Systems Division in Orlando, Florida, launched a competitive procurement process for the indefinite-delivery/indefinite-quantity contract and received one offer, the Department of Defense said Thursday.

Contract 105
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US Navy Announces Winners of $249M NAVFAC Southeast Construction Services Contract

ExecutiveBiz

Navy has awarded 10 companies spots on a firm-fixed-price, multiple-award, indefinite-delivery/indefinite-quantity construction contract worth $249 million.

Contract 105
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Energy Department Awards TRANSCOM Technical Support Services Contract to CCS-Ivory Cloud Joint Venture

ExecutiveBiz

The Department of Energy has announced awarding the DOE Transportation Tracking and Communications System Technical Support Services contract to CCS-Ivory Cloud Joint Venture. The contract will primarily provide technical […]

Contract 105
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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

Government Contracts & Investigations

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.

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Navy Selects 7 Vendors for $2.7B Follow-On Wireless Mobility Services Contract

GovCon Wire

billion recompete contract to provide wireless mobility devices and related services for military personnel and federal civilian employees stationed within the country and U.S. The Department of Defense said Friday the firm-fixed-price, indefinite-delivery/indefinite-quantity contract has a one-year base period valued at

Contract 102