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
The New Jersey Supreme Court disbarred an attorney this week who orchestrated a sham lawsuit against the city of Los Angeles on behalf of plaintiffs suing the local water utility and who later made $24 million off contracts with the city reached through a number of bribery schemes.
These are not necessarily the final figures that will be utilized. This will allow for more contracts to be awarded under the Micro-Purchase and Simplified Acquisition Thresholds. Those acquisitions are more streamlined, so if you often perform contracts with values that hover around these figures, be alert.
How do I get government contracts? Key Takeaways Government contracts offer significant growth opportunities for small businesses, with federal agencies allocating at least 23% of contracting dollars to small businesses annually. Annually, at least 23% of contracting dollars are specifically allocated to small businesses.
Contractors who are ultimately selected for awards must “be able to build secure applications, platforms, IT development services and products by utilizing human centered design … thinking.” GSA is also looking for contractors who can deliver custom code development and “utilization of existing marketplace products.
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?
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 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.
Engaging with government contracting officers is a crucial step for small businesses looking to explore upcoming opportunities in government contracting for 2024. To effectively communicate with a contracting officer and position your small business, consider the following 10 steps: 1.
Were you aware that in FY 23, a substantial $6.23B, accounting for 8% of total federal contracts, was allocated to Small Business Innovation Research (SBIRs) and Small Business Technology Transfers (STTRs), benefiting 3,230 businesses ? Interestingly, DHS and HHS have experienced a notable increase in their utilization of these programs.
Leidos will develop four Medium Range Air Defense Radar prototype systems under a two-year, $32 million contract awarded by the Marine Corps System Command through the Consortium Management Group.
Palantir Technologies has booked a potential three-year, $250 million contract from the U.S. Army for artificial intelligence and machine learning-related work.
Nearly three months after Danish energy company Orsted backed out of its project to build a wind farm off the New Jersey coast, the state's utility regulator has approved two new offshore wind projects expected to bring over 3,700 megawatts of wind energy to power almost 2 million homes.
raised inapplicable defenses to an environmental cleanup lawsuit by misconstruing an earlier consent decree as a "contract" the government could breach as the utility remediated an abandoned New Haven power plant. The Connecticut Attorney General's Office has told a state court that The United Illuminating Co.,
The board overseeing Puerto Rico Electric Power Authority's reorganization is urging a federal judge to allow the utility to ditch its collective bargaining agreements with workers as well as pension obligations, saying the company has no way of making up the purported $1 billion payment shortfall in the current retirement plan.
A subsidiary of General Motors, GM Defense LLC, won a 10-year indefinite delivery, indefinite quantity full-rate production contract with the State Department to deliver next-generation heavy-duty armored sport utility vehicles for the Diplomatic Security Service.
unit's responsibility or lack thereof for cleaning up contaminated former power plant hinges on whether a partial consent order from the Connecticut Department of Energy and Environmental Protection, or DEEP, is legally a contract, a state court judge signaled Monday. An Avangrid Inc.
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?
Current FAR 9.506 simply commands contracting officers to review OCIs, but with little guidance for agencies. The rule will note that “Incumbent contractors may have a natural advantage that is not unfair when competing for follow-on contracts because of knowledge and expertise developed during contract performance.”
However, this arguably didn’t apply to contract opportunity notices. Congress is now looking at making sure that omission changes with the proposed “Plain Language in Contracting” Act, at least with regards to small business set-asides. 7987 , the “Plain Language in Contracting Act.” We explore this more in depth in this post.
Navigating the federal contracting landscape can be a daunting experience for small businesses. This approach would ensure that small businesses are given a fair chance to compete and that their flexibility can be utilized to meet specific needs more effectively.
Consilidation The Procurement Act 2023 will be a consolidation of: Public Contracts Regulations 2015 Concession Contracts Regulations 2016 UtilitiesContracts Regulations 2016 Defence and Security Public Contracts Regulations 2011 but will need to be read alongside the The Procurement Regulations 2024 and the National Procurement Policy Statement 1.
So how did our Women Owned Small Businesses (WOSB) do in FY 23 specifically in federal government contracting? While total federal contract awards reached an all time high of $775B in FY 23, only 3.2% Interestingly, 1,537 of the WOSBs were first-timers winning contracts! or $25.49B was awarded to 13,707 businesses.
The Department of Transportation has awarded six companies positions on a potential five-year, $600 million multiple award task order contract to support highway, bridge and road construction projects in Yellowstone National Park, Grand Teton National Park and surrounding areas.
But when they are used they can be a powerful tool to keep contracting dollars intended for small businesses to stay with small businesses. If you want to keep an award, be sure that you, or a similarly situated subcontractor, will be performing the primary and vital parts of the contract and that you can support that assertion with evidence.
Key Takeaways Prime contractors, central to federal contracts, manage and ensure compliance with government projects, hiring subcontractors and overseeing all aspects from start to finish. Definition of Prime Contractor A prime contractor refers to an entity that receives a government contract to oversee and carry out a project.
While the cost principle is titled Rental Costs, it addresses the cost of renting and leasing real and personal property utilized in the performance of US Government procurement contracts and subcontracts.
Key Takeaways Women-owned business certification enhances access to federal contracts, improves credibility, and facilitates valuable networking opportunities. In summary, women-owned business certification is a powerful tool that can transform your business landscape by providing federal contracts and enhancing credibility.
Knexus has secured a five-year contract from the Defense Logistics Agency for the delivery of generative AI services built on Google Cloud AI models. 16 the indefinite-delivery/indefinite-quantity contract is intended to boost the agency’s operational efficiency. The company said on Oct.
Lockheed Martin (NYSE: LMT) has secured a potential five-year, $191 million contract from the National Geospatial-Intelligence Agency to deliver services that facilitate online, on-demand access of users to GEOINT data and products to meet mission requirements.
One of the most popular programs in small business federal contracting seems to be the SBA’s Mentor-Protege Program. It is generally a great program for small businesses to utilize the resources and knowledge of a larger or more experienced business to grow. Contractors can utilize this template to work on their MPA.
Carahsoft Technology has agreed to utilize its reseller network and government procurement vehicles to offer CodeLock 's compliance, accountability and security software to government and public sector customers.
Raft, a defense technology company offering artificial intelligence, machine learning and data services, has booked a $600,000 contract to develop innovations for the Space Rapid Capabilities Office with the goal of strengthening national security.
million contract from the U.S. The SES subsidiary said Wednesday it was awarded a multi-year contract to deliver end-to-end Geostationary Ku-band satellite services to the Air Combat Command. The managed service will be utilized by ACC’s remotely piloted aircraft, […] Air Force to provide satellite services.
Conti Federal Services has won a $63 million firm-fixed-price contract from the U.S. The Orlando, Florida-based construction and engineering company will also build airfield apron, site features, utilities and infrastructure, the Department of Defense said Thursday.
NASA plans to award Jacobs a six-month contract extension to continue providing maintenance, operations and engineering support services at Langley Research Center in Hampton, Virginia.
Small business enterprise certification, particularly MWBE certification, helps minority and women-owned businesses secure government contracts and receive valuable support. Key Takeaways MWBE certification enhances business opportunities for minority and women-owned enterprises by prioritizing them in government contract procurement.
The same is true for small businesses in the government contracting sector. However, some people fail to realize the importance of each report and do not really understand how to utilize them to their full potential. QuickBooks Online is one of the most used accounting software for small to medium-sized businesses.
CACI has adopted the National Contract Management Association’s standard for hiring, training and developing its contract management professionals to ensure alignment with federal standards. The company said Monday the move underscores its commitment to advancing career opportunities and utilizing standardized industry language.
Austal USA has secured a contract modification to add two landing craft utility 1700-class vessels to the three LCUs that the service initially ordered in September 2023, bringing the procurement’s value up by nearly $55 million. The contract provides options for up to 12 vessels, with a potential total value of $379.7
The Federal Viper Program offers an unprecedented opportunity for businesses to step in and make a difference while securing lucrative federal contracts. The Federal Viper Program is a specialized initiative aimed at simplifying the contracting process for wildfire relief efforts. What Is the Federal Viper Program?
Civilian Board of Contract Appeals that provide interesting takeaways about the nuances of motion practice utilized by the government to dispose of cases brought under the Contract Disputes Act prior to substantive litigation Stephanie Magnell and Bret Marfut at Seyfarth examine three recent decisions from the U.S.
A Thales subsidiary has received a contract from the Defense Innovation Unit to prototype a family of advanced standard batteries designed to simplify logistical and network operations. Under the contract, Thales Defense & Security Inc.
By offering access to a broad portfolio of contracts with industry leading suppliers, OMNIA Partners helps procurement professionals streamline their sourcing process and ensures they’re working with trusted suppliers who meet high standards.
Introduction The procurement legal frameworks, guidelines, and manuals in many countries, especially in developing nations, often lack comprehensive policies and procedures for contract administration. Addressing Neglected Areas The monitoring of contracts for goods and services has been neglected, necessitating practical solutions.
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