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The government both creates and runs on data. Given that agencies spend hundreds of billions of dollars on goods and services the more procurement data it has, the better it can understand trends and ‘manage’ procurement. That’s the idea behind a data source effort known as Hi-Def. Charlotte Phelan: Exactly.
Department of Justice (DOJ) announced that Lockheed Martin Corporation agreed to pay $29 million to settle allegations that it violated the False Claims Act through defective pricing on contracts for F-35 military aircraft. The settlement resolves allegations brought forward by a whistleblower in a qui tam lawsuit.
“Fair and Reasonable” MAS contract level pricing is impacted by a host of factors. Contracting officers must assess, analyze, and apply these factors when reviewing an offeror’s proposal and negotiating fair and reasonable pricing. Previous FAR & Beyond blogs regarding this topic can be found here and here.
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.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. 3] TINA defines cost or pricingdata to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]
Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.
Successful adoption of generative AI, especially within the public sector, requires organizations to enable systematic experimentation and exploration, with their own data, for their workforce and constituents. Strict data governance protocols are typically required.
The OFPP’s product launch follows the Strategic Management of Acquisition Data and Information letter , or Circular A-137, that OMB released in May. We’re not telling agency CDOs what to do in their data strategy within their agencies,” Wilson said. GSA did not respond to a request for comment by the time of publication.
Specifically, the platform will: Simplify the procurement process for suppliers: Suppliers will only need to enter their information once, which can then be reused across multiple tenders Collect data about procurement Be where all the procurement notices will be published, improving transparency by having them all in one place.
A publicly available tool, ACT Ai aggregates data on over 31 million public procurement projects, linking them with company registration data to detect potential fraud and corruption. For example, Thailand’s procurement data could be improved by releasing planning data and ensuring a more timely publication.
The COVID-tracking and health data system built for the district during the COVID-19 pandemic had become clunky, difficult to customize, and expensive to maintain. Because the district’s data contained sensitive student health information and images, the data had to be encrypted during transit and migrated securely.
Explore 10 years of open contracting With so much public money at stake, we expected to find data teams in government who already knew exactly who was buying what from whom for how much. We were never just after a bit more transparency though, we wanted to transform how procurement is done.
The current statutory language has been interpreted by some to require the lowest price regardless of terms and conditions at the contract level. Competition at the order level includes price competition. At the order level, sometimes, price is the determining factor for an order.
Garris develops and leads complex technical initiatives including key vulnerability and critical asset determination, policy development, investigative oversight and coordination, intelligence program implementation and data science program implementations. Andrew furthered his career at USinternetworking (acquired by AT&T and IBM), Inc.
Federal customers are often challenged by integrating data across multiple systems and providing federated access to authenticated users operating across multiple organizations. This will facilitate agile and secure data sharing with their providers. Department of Defense (DoD). “By
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.
Firm fixed price (FFP) contracts are a common type of agreement used in government contracting. Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project.
These systems are independent, leading to data siloes that can be difficult to consolidate for unified business insights. With consolidated data, public sector organizations can offer new experiences for donors and members, enrich research datasets, and improve operational efficiency for their staff.
Peter Warren Pricing Director, Noblis As the pricing director for Noblis, Peter Warren leads the corporate team that develops data-driven pricing solutions to propose the best value to its federal customers while continuing to help build a strong foundation for the company today and in the future.
NASA has awarded eight companies positions on a potential $476 million multiple-award contract to acquire Earth observation data derived from small satellites operated by commercial entities. The indefinite-delivery/indefinite-quantity contract has a performance
There are two different stages in which a market study must determine the price: 1) before the issuance of the initial bidding decision and 2) during the analysis of the reasonability of the price. The post Price Reasonability in the New Public Procurement Law appeared first on BLP Legal.
Procurement must ensure the availability of high-quality systems that allow for real-time monitoring and data analysis to respond to any incidents that may arise. Competitive Pricing and Cost Savings Procurement teams are always looking for ways to stay within budget while maximizing the value of their contracts.
Traditional procurement approaches prioritised lowest price, which led to unintended consequences like accepting bids of lower quality, a lesser performance record or that did not adequately allow buyers to consider equity, sustainability or socio-economic objectives like creating local jobs.
Her passion for helping others understand government contracting led her to join forces with data scientist Marcelo Blanco and establish B2Gov. The system works by collecting public procurement data and structuring it in the Open Contracting Data Standard (OCDS) format. Diegues says.
On November 16, 2023, the General Services Administration issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. limits on the timing and number of price adjustments). Pricing context is dependent on accurate, relevant data.
254b that requires government contractors to submit cost or pricingdata in their bids and to certify. Read more » The post How to Avoid Truth in Negotiations Act TINA Pricing Criminal Liability appeared first on Watson & Associates LLC Government Contracts Blog. federal law, 10 U.S.C. 2306a, 41 U.S.C.
DoD issued a final rule DFARS Case 2023-D010 on May 30, 2024, amending The Defense Federal Acquisition Regulation Supplement (DFARS) implementing Section 803 of the National Defense Authorization Act on data required in support of commerciality determinations and price reasonableness under procurements for major weapon systems.
Charlene Bargiel Vice President of Pricing & Estimating, Booz Allen Hamilton In 2023, the pricing and estimating team at Booz Allen achieved new levels of success, providing detailed and data-driven financial insights that significantly improved the firm’s bidding strategy on new contracts, according to Charlene Bargiel.
Delving into data is a passion of mine. Whether analyzing financials, customer KPIs, marketing data, or federal spending data, I rely on data for not just monitoring the performance of our business and our government, but for making informed decisions with real-time information.
If you are selling products/services under FAR 15 based contracts or subcontracts, submitting certified cost and pricingdata and documenting other accounting and purchasing requirements that come along with it, when the products/services technically meet the definition of commercial under the FAR – it may be time to rethink your approach.
In light of the increased audit activity focusing on defective pricing issues, this article surveys recent defective pricing cases, specifically those decided since the turn of the century.
The DOJ also alleges that Raytheon violated the FCA as it “provided untruthful certified cost or pricingdata when negotiating prices with the DOD for numerous government contracts and double billed on a weapons maintenance contract.” $428 428 million of the total $950 million DOJ settlement stems from the FCA violations.
Two data points help us understand some important facets of federal contracting. Our review shows that the most prevalent reasons for sustaining protests during the 2024 fiscal year were: (1) unreasonable technical evaluation; (2) flawed selection decision; and (3) unreasonable cost or price evaluation,” GAO wrote in its report. “It
For example, open market, government credit card orders typically include increased fees for products that are offered at higher prices than available through the MSPV program and create compliance or gray market risks. Open market purchases via government credit card increase costs and supply chain risks.
The agenda promised insights into vendor verification, sourcing new vendors, validating pricing against historical purchase orders, market research, and tailoring bids and RFQs for success. To further illustrate the importance of price validation, Paige then walked the audience through a spending search for Chromebooks.
On November 16, 2023, GSA issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. The rule proposes to remove “certain economic price adjustment requirements within these clauses to better align with commercial standards and practices.”
Refresh 22 included the expansion of Transactional Data Reporting (TDR) as an option for contractors to 67 new Special Item Numbers (SINs) covering non-configurable products. The performance results showed that contract level pricing was better under TDR than under Most Favored Customer (MFC) pricing.
These systems provide a wealth of data and insights for tackling environmental challenges, driving scientific discovery, and supporting informed decision-making across numerous sectors. Ground-based sensor networks: Gathering real-time data on factors like air quality, soil moisture, and weather patterns.
million if median internal reference prices were used, to as much as PHP 214 million if the Department of Public Works and Highways construction materials pricedata were used. Access to data: most documents they needed were available online, but you had to know the contract number, says the team.
Dynamic pricing systems in housing is one area that Congress has already shown interest in — and could be ripe for additional action. cited a ProPublica story that detailed how an algorithmic software program was able to assess data across multiple companies and buildings in the same area and then artificially inflate rents. “I
The redacted item in question was a planned pricing schedule that reflected fare increases for Spirit flights. The remaining characters are usually recognizable to the owner of the data, such as the last four digits of a credit card number.
and its subsidiaries will pay $5 million to settle charges that they violated the False Claims Act (FCA) “by falsely overstating cost or pricingdata included in a subcontract proposal for work under a contract with the U.S. Department of the Army.” Army’s Tank Automotive Command (TACOM).
The Government Accountability Office said pricing estimates for Direct File — the electronic filing program made available this tax season for payers in 12 states — didn’t include start-up costs, including for the technology underpinning the system. “A Werfel left the door open in his letter for Direct File to be a one-and-done program.
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