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1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. 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. million to $9.5
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.
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.
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 protestor’s proposed price was $30,478,050, and its total evaluated price was $30,566,297. 4106(f)(1) and 10 U.S.C.
“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.
Navigating the federal contracting landscape can be a daunting experience for small businesses. This reliance on established vendors may result in less competitive pricing and a reduced ability to leverage cutting-edge technologies and solutions.
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.
124.506 , if an 8(a) contractprice 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.
9595, if passed, will facilitate a competitive, flexible procurement environment that encourages innovation, reduces acquisition delays, and creates new opportunities for businesses to enter the federal contracting space.” Furthermore, this provision will help U.S.
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?
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. When should you file a Rule of Two protest?
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!
The VA has made steady and significant progress in the management and operation of its prime vendor distribution contract and Supply Blanket Purchase Agreements (BPA) for the Medical/Surgical Prime Vendor (MSPV) program. Currently, there over 38,000 approved products available via the Supply BPAs.
We get a lot of questions about federal government contracting as federal government contracting attorneys, which makes sense. If the contractor with the lowest priced domestic end product is a small business, the penalty is 30%. Looking for the latest government contracting legal news? What is a Domestic End Product?
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. GSA’s current use of algorithms and pricing data is instructive in this regard.
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 government contracts. Want to start selling to governments but dont know where to begin?
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.
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. We now move on to the FAR Cost Principles, specifically FAR Subpart 31.2,
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. GSA’s current use of algorithms and pricing data is instructive in this regard.
The BAA, however, is a price evaluation preference, which means if the price of a Chinese product is low enough, the federal government will buy that product. For large business offerors, the price preference added to non-domestic offers is 20%, and for small business offerors, it is 30%.
We have had several clients tell us they have purchase orders under the Truthful Cost or Pricing Data (TINA) threshold for what they believe to be commercial purchases. Government.
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 common belief is that only when the award of a subcontract exceeds the cost or pricing data threshold. Government contracts and subcontracts should have commercial determination regardless of the dollar value. When is a commercial determination required in the Federal Acquisition Regulations (FAR)?
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.
For instance, contractors face a difficult road to recover costs in a firm-fixed-pricecontracts. 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
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?
For instance, contractors face a difficult road to recover costs in a firm-fixed-pricecontracts. 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
The Department of the Navy’s third attempt to modernize its contract writing system and overall electronic procurement system is on shaky ground. The latest iteration of ePS is partly a spin-off of CON-IT, the platform the Air Force has been implementing for Defense contract writing since 2018. billion in contracts on.
On August 5, 2024, the General Services Administration (GSA) took a step forward by publishing a final rule to “standardize and simplify the Multiple Award Schedule (MAS) clauses for economic price adjustments.” The GSAR, as currently written, limits when, how often, and by what percentages prices can be adjusted.
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.
First, the simplified acquisition threshold currently sits at $150 thousand but there is a FAR proposal on the table that will increase that threshold to $250 thousand. It will take a little more than a phone call to get the contracting officer to act. Thirdly, only a "brief explanation" from the contracting officer is required.
Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%
The BAA provides a price evaluation preference, favoring domestic producers over foreign offers in a covered procurement. As such, if the price of an offered Chinese product is low enough, the federal government will buy that product. The Small Business Rules: Is the Price Right for Products Made in China?
SAN DIEGO — The CIO-SP3 contract is in need of yet another extension. The justification for approval to continue the contract still needs a final sign off,” Goodger said at the AFCEA West conference yesterday. “If If you are on the CIO-SP3 contract vehicle, once the extension is approved, it will run through the entire fiscal year.”
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. View the full article
Such a service requires the government to procure contracts in a well-managed and efficient manner. Private businesses then sign business contracts with the government, and the public thus procures a service from their local businesses. Such a service will help them land the contracts they want.
Measuring the benefits of open contracting: Case studies on Mexico, Paraguay, and Slovakia. They were selected based on the implementation of recent open contracting reforms and the availability of procurement data for both before and after the reforms. Fazekas, M. & & Tóth, B.
Understanding key clauses and provisions in the Federal Acquisition Regulation (FAR) is crucial for success in government contracting. 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.
As contracting activities are busy awarding new contracts, it is important to follow the trends related to successful and effective protests as you consider filing your own bid protest, or as you defend your award as an intervenor. 2] This procurement utilized a lowest priced technically acceptable source selection methodology.
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.
After receiving quotations, the contracting officer added salient characteristics to the technical evaluation form to be considered during evaluations that were not stated in the solicitation. The agency received two quotations, one from the protester and one from Caterpillar.
FAR Part 36 covers Construction and Architect-Engineer Contracts, FAR Part 37 covers Service Contracting, FAR Part 41 will cover Acquisition of Utility Services and FAR Part 48 covers Value Engineering. Agencies shall not award these contracts unless specifically authorized by statute. FAR 36.204. FAR 36.209. FAR 37.104.
Tom Temin Yeah, GSA is certainly not the GSA of our fathers and grandfathers in terms of the contracting opportunities that offers and maybe you’re biased, but review what you think are some of the strengths that it brings towards headed into 2024. Sonny Hashmi Yeah, absolutely. We’ve made significant strides over the last year.
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