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What is a Split Purchase in Government Contracting?

Redstone Government Consulting

There is no definition of split purchases in the Federal Acquisition Regulation (FAR) or Defense Federal Acquisition Regulation Supplement (DFARS). However, the Defense Contract Management Agency reviews purchase order files for split purchases during a Contractor Purchasing System Review.

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Baird’s John Song Weighs in on KBR Acquisition of LinQuest

ExecutiveBiz

KBR has entered into a definitive agreement to purchase LinQuest Corporation – a company focused on engineering, data analytics and digital integration – for $737 million.

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Embracing Technology: How Epping, NH Revolutionized Its Purchasing Process

American City & Country

The Challenge: Limited Resources, Lengthy Research, and Cumbersome RFP Process The Town of Epping faced a significant challenge in streamlining its procurement operations due to the intricate and heavily regulated nature of government purchasing. “Securing three quotes for our purchases poses a significant challenge.

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CBRE Group to Acquire J&J Worldwide Services for $800M; Steve Kelley & Sean Thompson Quoted

ExecutiveBiz

J&J Worldwide Services and CBRE Group have inked a definitive agreement for the latter's acquisition of the Arlington Capital Partners portfolio company for $800 million in cash.

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Why Identifying Commercial Items at Your Organization is Key

Redstone Government Consulting

If you are selling products/services under FAR 15 based contracts or subcontracts, submitting certified cost and pricing data 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.

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ARPA Funds: A Primer for SLED Vendors

GovSpend

The Treasury’s Obligation Interim Final Rule provides clarity on this process: Definition of Obligation: An obligation is a binding agreement for specific goods or services, including contracts, subawards, and purchase orders. Obligation Deadline: Recipients must obligate SLFRF funds by December 31, 2024.

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Taking Care of Business (Systems): DoD Proposes to Change the Definition of a Business System Deficiency 

Government Contracts Legal Forum

The National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2011 requires that the DFARS business systems clauses implement criteria for contractors’ accounting, cost estimating, material management & accounting, earned value management, purchasing, and property management systems. View the full article