Select GCR

OCTOBER 29, 2024

HUBZone-certified businesses not only gain eligibility for set-aside contracts but also receive a 10% price evaluation preference in full and open contract competitions. A DCAA-compliant accounting system must properly document costs and transactions, exclude unallowable costs, and ensure compliant timekeeping functionality.

Government 52

Government Government Government Contracts Negotiation 52

The Coalition for Government Procurement

JANUARY 24, 2025

Embrace dynamic pricing models that leverage competition from the commercial market. There simply needs to be greater flexibility in pricing to meet customer demand across the federal market. Static pricing ultimately hinders competition and reduces value for customer agencies.

Efficiency 40

Efficiency Procurement Government Government 40

Public Contracting Institute

MAY 9, 2024

Special focus on contract pricing). price negotiations and procedures should be used by contracting officers to determine the price reasonableness of modifications offered under a sealed bid contract. Examples of price analysis techniques can be found at FAR 15.404-1(b)(2). FAR 15.400. FAR 15.403-3(c).

Price Negotiation 52

Price Negotiation Negotiation Price Bidding 52

Federal News Network

APRIL 19, 2024

These regulations and associated guidance address a host of contracting officer responsibilities, including but not limited to, proposal evaluation, negotiations, price and/or cost analysis, data rights, and foreign acquisition ( e.g. , TAA). For this reason, procurement policy flow-downs cannot be one-sided.

Procurement 88

Procurement Negotiation Price Transparency 88

The Coalition for Government Procurement

JANUARY 12, 2024

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.”

Price 45

Price Negotiation Data Supplier 45

Select GCR

DECEMBER 3, 2024

Government agency programs like the GSA Schedules provide long-term contracts, allowing businesses to sell commercial products and services at pre-negotiated prices, simplifying the purchasing process. Meeting all the criteria outlined in the solicitation documents ensures compliance and increases the chances of winning the contract.

Bidding 52

Bidding Government Government Buyers 52

Public Contracting Institute

JULY 31, 2024

These documents play a vital role in the procurement process, helping agencies find the right contractors for their projects. An RFP is typically used for complex projects where the agency needs detailed proposals, while an RFQ is more suitable for simpler purchases where price is the primary factor.

Negotiation 52

Negotiation E-procurement Price Government Contracts 52

Select GCR

NOVEMBER 12, 2024

Becoming a prime contractor involves registering with the System for Award Management (SAM), obtaining a Unique Entity Identifier (UEI) number, and meeting federal requirements for compliance and documentation. Adherence to the Federal Acquisition Regulation (FAR) and maintaining thorough documentation are non-negotiable requirements.

Government Contracts 52

Government Contracts Contract Bidding Participation 52

Government Contracts & Investigations

OCTOBER 11, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. Applicability of the FAR Cost Principles The FAR Cost Principles apply to the “pricing of contracts, subcontracts, and modifications whenever cost analysis is performed.” [1]

Price 52

Price Government Contracts Government Government 52

The Coalition for Government Procurement

SEPTEMBER 22, 2023

This week, in the spirit of “Fair and Reasonable Transparency,” the Coalition submitted to the Federal Acquisition Service (FAS) feedback on its “ FAS Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing.” Beyond the non-mandatory nature of the FSS program, all task and delivery orders are governed by the FAR 8.4

Price 40

Price Transparency Negotiation Electronics 40

American City & Country

AUGUST 27, 2024

He adds that his firm can provide key pointers to project managers: “SiteOne is experienced in working with government agencies and departments through the bid process to make sure the correct products and services are sent to the field and with all the required documentation.”

Government 98

Government Government Bidding Purchasing 98

Public Contracting Institute

APRIL 26, 2024

In our next session, we will cover FAR Part 15 (Contracting by Negotiation) As we prepare for our 9th episode of Season 11, here are a few FAR Facts for us to think about: A contract awarded using other than sealed bidding procedures is a “negotiated ” FAR 15.000. The Government is not required to hold in-person FAR 15.505(c).

Negotiation 52

Negotiation Price Bidding Evaluation 52

Federal News Network

JUNE 19, 2024

They say contracting officers are trying to re-negotiate finished contracts and making unreasonable demands for information. And the contracting officer now uses that as an occasion to reopen negotiations on everything and say, ‘Well, wait a minute, that maybe wasn’t a fair and reasonable price.’

Whistle-blowing 105

Whistle-blowing Contract Negotiation Data 105

Federal News Network

OCTOBER 1, 2024

I’ve had clients who pushed back, delayed and then negotiated what the Justice Department really wanted. Then, you do a rolling release of documents, and even sometimes you will fall behind the schedule and the government isn’t happy, but I’ve never seen it get to the level of a raid,” the industry source said. Why take the risk?

Supply Chain 116

Supply Chain Price Government Government 116

Public Contracting Institute

MAY 20, 2024

It typically involves the following steps: Identifying opportunities Reviewing solicitation documents Attending pre-bid meetings Preparing and submitting a responsive bid Participating in bid evaluation and negotiations To excel in the bidding process, consider enrolling in our Life Sciences Contracting 101 course.

Bidding 52

Bidding Government Government Negotiation 52

The Procurement School

JULY 16, 2024

One of the greatest sources of contract disputes is how to handle price increase requests where there is no clear contract language. The best method is an evidence-based approach showing the underlying cause of the price increase. Communication Including the proforma contract in the RFx document minimizes any dispute upon signing.

Efficiency 52

Efficiency Procurement Contract Supplier 52

Tracker Intelligence

SEPTEMBER 26, 2024

Public and private sector tenders have stringent requirements which have to be followed, for instance, offering detailed pricing, commitment to timely delivery and adhering to rules and regulations. Negotiated Tenders: These are frequently used for complex or specialised projects, when the client and contractor negotiate directly.

Tender 52

Tender Bidding Negotiation Price 52

The Coalition for Government Procurement

APRIL 19, 2024

These regulations and associated guidance address a host of contracting officer responsibilities, including but not limited to, proposal evaluation, negotiations, price and/or cost analysis, data rights, and foreign acquisition ( e.g. , TAA). For this reason, procurement policy flow-downs cannot be one-sided.

Procurement 49

Procurement Negotiation Price Transparency 49

Government Contracts & Investigations

FEBRUARY 29, 2024

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. 31] Thus, implementing and documenting adequate internal controls for determining compensation can significantly reduce audit risk. DCAA, DCAM ¶ 6-413.1.c. 10] FAR 31.205-6(b)(1). [11]

Price 52

Price Government Contracts Government Government 52

Tracker Intelligence

FEBRUARY 28, 2024

Customers may select the best offer from submitted tenders based on quality, price, and terms thanks to its transparency, equity, and efficiency of the tender process. What is a Tender Document in Construction? For contractors to accurately bid, this is a crucial document. It serves as the foundation for the tender.

Tender 52

Tender Bidding Bidder Competitive Bidding 52

The Procurement ClassRoom

JUNE 21, 2015

Delay in Preparing Technical Specifications, Scope of Work or Terms of Reference Technical specifications , scope of work , and terms of reference are documents that describe what is needed, and should be clear enough to avoid confusing suppliers, contractors, service providers or the evaluation panel.

Public Procurement 40

Public Procurement Procurement Bidder Tender 40

ivalua

APRIL 6, 2021

The complete contract lifecycle management process includes a contract request or initiation, authoring, negotiation/redlining and approval stages, execution and signature as well as obligation monitoring, renewals, amendments and expiration. Why is it Important to Manage Contracts? Usage of approved language helps to speed up approvals.

Management 52

Management Contract Contract Management Supply Chain 52

The Contractor's Perspective

JANUARY 12, 2023

23, 2022) provides new authority for some defense contractors and subcontractors to obtain price increases that address the impacts of inflation. The new authority is welcome relief for contractors and subcontractors holding fixed-price defense contracts, which typically do not allow a price increase due solely to inflation.

Price 40

Price Accountability Negotiation Demand 40

Select GCR

MAY 14, 2024

For instance, FAR includes a provision at 52.203-2, Certificate of Independent Price Determination, which ensures independent bids and prevents collusive pricing in government contracting. It prescribes policies and procedures for authorizing deviations from the FAR, and provides steps to document these deviations.

Ethics 52

Ethics Procurement Procurement Contracts Price 52

Kluwer Arbitration

MARCH 30, 2024

All in all, the panelists agreed that the increasing use of mediation and negotiation imply a change of mindset within Brazil, although there is still much room for growth. As exposed by Mr. Adell, starting at the negotiation stage, there are several situations that could lead to a dispute, such as breach of confidentiality or exclusivity.

Efficiency 52

Efficiency Negotiation Buyers Price 52

LexBlog: Contracts & Procurement

FEBRUARY 28, 2022

The construction industry has not been immune from this general trend, with steel prices rising 200% and lumber prices soaring as high as 288% at different points in 2021. Federal contractors performing on a firm-fixed-price contract don’t usually have the same option. ” FAR 16.203-1. 62223, 21-1 B.C.A. ¶

Price 40

Price Contract Negotiation Bidding 40

ivalua

MAY 15, 2019

One significant area of Artificial Intelligence is language understanding, also called machine reading comprehension (MRC), and the new technologies in this field lead the way for thousands of new applications, such as sourcing, trend analysis, conversational agents, sentiment analysis, document management, cross-language business development, etc.

Data 60

Data Management Contract E-procurement 60

Federal News Network

AUGUST 1, 2024

There will be negotiations to retain key employees named on existing contracts, minimizing the risk of losing those contracts but also retaining critical knowledge, relationships and skills. There is a risk that the new owner may lose certain contracts at recompete, so that risk will be weighed and considered when looking at a purchase price.

Buyers 59

Buyers Purchasing Government Contracts Contract 59

Select GCR

SEPTEMBER 10, 2024

To thrive in federal contracting, having an active registration on SAM is non-negotiable. This process requires meticulous attention to detail, starting with gathering essential documents related to your business structure and tax ID number.

Government Contracts 52

Government Contracts Government Government Contract 52

ivalua

MAY 15, 2019

One significant area of Artificial Intelligence is language understanding, also called machine reading comprehension (MRC), and the new technologies in this field lead the way for thousands of new applications, such as sourcing, trend analysis, conversational agents, sentiment analysis, document management, cross-language business development, etc.

Contract 58

Contract E-procurement Data Management 58

Tracker Intelligence

FEBRUARY 16, 2025

Furthermore, private businesses have more flexibility in pursuing informal tendering procedures or direct negotiation with suppliers. The public sector procurement process is meant to guard against corruption, and all bids are supposed to be evaluated on predetermined criteria like quality, price and social value.

Procurement 52

Procurement Tender Public Procurement Supplier 52

Kluwer Arbitration

JUNE 8, 2024

Stafford raised an important practical point of settlement negotiations with States, noting that, in practice, States are rarely prepared to settle a dispute, since government representatives often do not wish to be responsible for such a decision. Such documents are difficult, though not impossible, for award creditors to rebut.

Negotiation 52

Negotiation Import Corruption Demand 52

The Coalition for Government Procurement

OCTOBER 24, 2024

This year’s tables include: November 20: GSA MAS PMO GSA Pricing Tools Medical/Surgical Supply BPAs SAM.gov PMO VA Federal Supply Schedule (FSS) November 21: VA FSS Community Care Network (CCN) View the agendas for more details. Pricing details included in the prospectus.

E-procurement 52

E-procurement Price Procurement Logistics 52

LexBlog: Contracts & Procurement

NOVEMBER 1, 2022

For example, the present menace of record inflation sent many contractors searching through their contracts to find clauses addressing material price escalation. For those with firm-fixed-price (FFP) contracts, they likely did not find coverage under the FAR’s Economic Price Adjustment (EPA) clause (FAR 52.216).

Contract 40

Contract Price Government Contracts Negotiation 40

GovSpend

APRIL 5, 2023

This process can vary widely between jurisdictions, but typically involves the following steps: Identification of needs: Government agencies identify their needs for goods and services through a variety of channels, including strategic planning documents, public announcements, and requests for information (RFIs).

Government 52

Government Government E-procurement Bidding 52

GovSpend

APRIL 5, 2023

This process can vary widely between jurisdictions, but typically involves the following steps: Identification of needs: Government agencies identify their needs for goods and services through a variety of channels, including strategic planning documents, public announcements, and requests for information (RFIs).

Government 52

Government Government E-procurement Bidding 52

Procureware

FEBRUARY 21, 2018

In the beginning, our software was simply a tool to post RFP documents, later we added supplier registration, then online bidding, and finally contract management to our ProcureWare platform. Are there regulatory considerations specific to processes or documentation? Analyze and document your processes.

Management 40

Management Supplier Bidding Insurance 40