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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

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. 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.

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Season 11: Episode 10: FAR Facts

Public Contracting Institute

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. Contracting officers are required to document in the contract file the principal elements of the negotiated agreement.

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Friday Flash 02/09/2024

The Coalition for Government Procurement

If the agency does not set aside an order it should document the market research and mission considerations and provide that information to the small business specialist (SBS) and procurement center representative (PCR). MAS Basic Training: The Nuts & Bolts, Feb.

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Friday Flash 10/25/2024

The Coalition for Government Procurement

ESPs and CSPs who do not handle CUI or SPD are not subject to assessment requirements, but their services may need to be documented in the contractor’s system security plan (SSP). However, their services will be assessed as part of the contractor’s CMMC assessment. NW, Washington, D.C.

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Friday Flash 06/07/2024

The Coalition for Government Procurement

The OIG recommended that the Chief Defense Acquisition Office (CDAO) develop a clear waiver request process for CDAO directorates that includes a requirement to document and maintain records of requests. By waiving these requirements, the OIG found that directors exposed DoD information to additional cybersecurity risk.

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A Brief Primer on the Impact of a Federal Government Shutdown

Government Contracts Legal Forum

Contractors should track and document the cost and schedule impact of both the disrupted work and the contractor’s employee relations actions to ensure that any increases in the contract work associated with the shutdown are appropriately reflected in a contract modification. Can I Stop Performance?

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Top Rules for Government Contractors: Essential Knowledge for Compliance

Select GCR

The FAR covers various aspects, including contract formation, administration, pricing, and subcontracting standards, ensuring a standardized approach to federal procurement. Certain modifications may necessitate preliminary price negotiations to protect the governments interests.