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Whistleblower Suit Against Lockheed Martin Leads to $29 Million Settlement

Whistleblower Network News

The DOJ alleges that Lockheed Martin violated the Truth in Negotiations Act (TINA) which mandates that when negotiating sole source contracts, the government has access to the cost or pricing data that the offeror used when developing its proposal. Shumate of the Justice Departments Civil Division.

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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

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. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]

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The nexus between data management tools, transparency and procurement policy

Federal News Network

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. Coalition members generally support the use of these new data management technologies.

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Mastering IP Negotiations in Government Subcontracts: 7 Best Practices

Public Contracting Institute

It’s important to know how to handle IP negotiations the right way. For instance, DFARS clauses often address technical data rights, while FAR clauses may focus on software and inventions. This helps you know what to ask for in negotiations. They decide who can use technical data and computer software.

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How to Avoid Truth in Negotiations Act TINA Pricing Criminal Liability

Watson & Associates

Watson, Government Contracts and Procurement Fraud Attorney: The Truth in Negotiations Act (TINA), also known as Public Law 87-653, is a U.S. 254b that requires government contractors to submit cost or pricing data in their bids and to certify. federal law, 10 U.S.C. 2306a, 41 U.S.C.

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The Nexus Between Data Management Tools, Transparency and Procurement Policy

The Coalition for Government Procurement

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. Coalition members generally support the use of these new data management technologies.

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The FAS realignment: Opportunities for “dead easy?”

Federal News Network

In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. In the past, the regional structure gave rise to differing cultures, negotiation approaches, and interpretations of applicable regulations and solicitation provisions. Data context is critical to data driven decision making.