Public Contracting Institute

OCTOBER 3, 2024

More specifically, each BPA holder shall be provided a specific request for quote (RFQ) for procurement requirements of an anticipated total dollar value exceeding the simplified acquisition threshold. Schedule contracts provide for an extensive volume of competitive cost/price offerings. agency-specific vehicles—IDVs, GWACs, etc.

Purchasing 52

Purchasing Thresholds Price Accountability 52

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

The Procurement School

OCTOBER 6, 2023

Step 3 Posting Once the procurement document is developed and approved it is posted online for bidders to respond. The evaluation can be simple, such as tenders which are price only, or complex which includes technical criteria, pricing and sometimes an interview or demonstration.

Bidder 52

Bidder Procurement Evaluation Bidding 52

Tracker Intelligence

SEPTEMBER 6, 2022

Furthermore, the government organisation must make all solicitation documents available at a reasonable price. Integrity All tender documents must have clear and dependable information free of bias. The prices the organisation pays for the services and goods should be of good value and generally acceptable.

Public Procurement 52

Public Procurement Procurement Tender Supplier 52

The Procurement School

OCTOBER 22, 2024

These reactions can lead to strict risk management and purchasing policies with overly complicated bid documents and onerous requirements that are imposing on potential SME bidders. Specify Criteria and Reduce Complexity Higher insurance, bonding limits, and generic criteria in bid documents may exclude potentially qualified companies.

Participation 52

Participation Procurement Strategies Procurement Buyers 52

Tracker Intelligence

MARCH 28, 2025

Additionally, suppliers must consider the submission requirements, which include specific documents and information that need to be provided when participating in a tender process. The contracting authority plays a crucial role in public sector tendering processes by setting contract thresholds and criteria for bid evaluations.

Tender 52

Tender Bidding Supplier E-procurement 52

Government Contracts & Investigations

FEBRUARY 29, 2024

Although the protester offered the lowest price, the agency found its proposal was technically unacceptable because it did not meet the new characteristics. The protester argued the GAO should use the evaluated price for jurisdictional purposes because it is a better representation of what the agency will likely spend on performance.

Bidding 52

Bidding Evaluation Sustainability E-procurement 52

Public Contracting Institute

AUGUST 9, 2024

It’s crucial to document all changes and their impacts meticulously. FAR Cost Principles (FAR Part 31) While not a specific clause, understanding FAR Part 31 Cost Principles is crucial for contractors dealing with cost-reimbursement contracts or those required to submit certified cost or pricing data.

Government 52

Government Government Supply Chain Government Contracts 52

Curbing Corruption in Government Contracting

JANUARY 21, 2020

For example, when we take a whole year of contracts after a transparency reform taking place in May, our estimation may be biased if a procurement regulatory reform happened 5 months later, such as a new reporting threshold introduced. Relative prices (final price divided by the initially estimated price) decreased by 1.9

Bidder 40

Bidder Transparency Public Procurement Contract 40

The Coalition for Government Procurement

FEBRUARY 1, 2024

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). The documents provide additional guidance for the CMMC model, assessments, scoring, and hashing.

Procurement 52

Procurement Supplier Risk Management Utilities 52

Federal News Network

JANUARY 2, 2024

I think we recently saw an article that we crossed $100 billion a year market share threshold, which was somewhat unheard of just even a few years ago, but it’s all due to an unknown. We’ve made significant strides over the last year. What I will say is that you’re right. It can’t be further from the truth.

Supply Chain 100

Supply Chain Balance Supplier Data 100

The Coalition for Government Procurement

FEBRUARY 8, 2024

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).

E-procurement 52

E-procurement Price Negotiation Utilities Procurement 52

The Coalition for Government Procurement

SEPTEMBER 26, 2024

On November 20, tables include: GSA MAS PMO GSA Pricing Tools Ask the Med/Surg Supply BPAs Ask the SAM.gov PMO VA Federal Supply Schedule (FSS) To view the draft agenda for the governmentwide day, click here. October 28 : Webinar: 2024 (2025 FCPs) Public Law Pricing Update for Covered Drugs – Click here to register. The CMMC 2.0

E-procurement 52

E-procurement Procurement Price Buyers 52

The Coalition for Government Procurement

JANUARY 18, 2024

The interim rule applies to all contracts, including those for commercial products and services and below the Simplified Acquisition Threshold. Additionally, the guidance covers the necessary documentation of contractor’s implementation status, including any plans of action to implement additional requirements in a System Security Plan (SSP).

Procurement 52

Procurement Contract Supply Chain Price 52

Kluwer Arbitration

MARCH 20, 2024

on agent’s fees, transfer pricing, employment, etc.), decisions made by referees or umpires or juries), unless there are fraud or corruption allegations, but this is a high threshold to reach. Hence counsel should expect that new documents, new arguments, etc. Awards are generally published.

Corruption 52

Corruption Participation Import Thresholds 52

The Coalition for Government Procurement

SEPTEMBER 5, 2024

Pricing details included in the prospectus. GAO found that IVC “has not developed a clear and complete set of documentation to guide contract oversight.” The only exceptions are for contracts solely for the purchase of Commercial Off-the-Shelf items or contracts under the $10,000 micro-purchase threshold. The CMMC 2.0

Procurement 52

Procurement Contract Networking Budget 52

The Coalition for Government Procurement

SEPTEMBER 12, 2024

Pricing details included in the prospectus. Thank you to our current sponsors of the Fall Training Conference! Further, confirming the broad applicability of CMMC, DOD confirmed that these requirements will be applicable to contracts below the Simplified Acquisition Threshold (which currently sits at $250,000).

Procurement 52

Procurement Bidding Contract Consulting 52

The Coalition for Government Procurement

JUNE 6, 2024

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. 1 Simplified Acquisition Threshold: The bill would raise the simplified acquisition threshold (SAT) from $250,000 to $500,000.

Procurement 52

Procurement Data Strategic Planning Management 52

Government Contracts Legal Forum

SEPTEMBER 29, 2023

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?

Government 40

Government Government Contract Insurance 40

Select GCR

DECEMBER 17, 2024

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.

Government 52

Government Government Government Contracts Transparency 52

SmallGovCon

NOVEMBER 21, 2024

But both sections require such contracts be set aside “for small business concerns when there is a reasonable expectation that offers will be obtained from at least two small business concerns that are competitive in terms of quality and delivery and award will be made at fair market prices.”

Contract 80

Contract Thresholds Price Quality 80

Select GCR

SEPTEMBER 3, 2024

Legitimate sole source situations require thorough justification, including market research and analysis, evidence of unique expertise or specialized needs that only one vendor can fulfill, and a demonstration that the price is fair and reasonable. This must be demonstrated along with ensuring the price is fair and reasonable.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

Procurement Notes

OCTOBER 10, 2022

Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”), September 13 Consumer Price Index (“CPI”) Summary states that “[o]ver the last 12 months, the all items index increased 8.3 1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7

Government 40

Government Government Price Contract 40

The Coalition for Government Procurement

APRIL 11, 2024

NIST Releases New Revision of Key Cybersecurity Guidance Document Last week, the National Institute of Standards and Technology (NIST) published a draft of a new version of its cyber incident response guidance that will be open for public comment through May 20, MeriTalk reports. that was finalized in February 2024.

E-procurement 98

E-procurement Procurement Procurement Contracts Supply Chain 98

SmallGovCon

JANUARY 30, 2024

The memorandum , issued through the Office of Management and Budget (OMB), refers to a number of other policy documents. “Maximize orders to small businesses under the simplified acquisition threshold (SAT) to the maximum extent practicable.” Below, we dive into these new recommendations. Make BICs work for small business.

Participation 111

Participation Thresholds Contract Government Contracts 111

The Coalition for Government Procurement

APRIL 18, 2024

We read the 400-plus page document so you don’t have to, and outline the “Who, What, When, Where, Why & How” of CISA reporting for critical infrastructure below. Entities that meet certain threshold criteria – regardless of size – are covered by the rule. It is estimated the Proposed Rule will impact over 300,000 entities.

Supply Chain 52

Supply Chain Thresholds Data Manufacturing 52

The Coalition for Government Procurement

JANUARY 4, 2024

Potential Changes to FSS EPA Clauses As you know, one of the Coalition’s priorities in 2022 and 2023 was to increase flexibility in the application of Economic Price Adjustments (EPAs) in the Federal Supply Schedule (FSS) program during a time of historic inflation.

Price 52

Price Supply Chain Contract Data 52

The Coalition for Government Procurement

JULY 18, 2024

The website provides technical documentation, best practices, and guidance. It also will provide frequent documentation updates and a better user experience. For bulk sensitive personal data, there is a yet-to-be-determined volume threshold that must be involved in the transaction for it to be covered. Government (e.g.,

Supply Chain 52

Supply Chain Data Price Thresholds 52

The Coalition for Government Procurement

APRIL 25, 2024

The conference begins with remarks from Christine Harada , Senior Advisor in OMB’s Office of Federal Procurement Policy (OFPP), on the governmentwide Better Contracting Initiative , a four-pronged initiative to ensure that the Federal Government receives optimal terms and prices when purchasing goods and services.

Supply Chain 52

Supply Chain E-procurement Procurement Thresholds 52

Procurement Notes

JUNE 15, 2021

Watching the Clock FAR 33.101 states that “ Filed means the complete receipt of any document by an agency before its close of business. Documents received after close of business are considered filed as of the next day. 50] However, here’s the hitch, the small business or nontraditional defense contractor must request the document. [51]

Bidding 40

Bidding E-procurement Procurement Negotiation 40

Government Contracts Legal Forum

AUGUST 29, 2024

128.203(j)), namely that a minority investor may be able to block amendments of the company’s corporate governance documents that would remove the shareholder’s authority to block any of the other extraordinary actions. Application of HUBZone Price Evaluation Preference (PEP). 124.106(h)) and WOSB Program (13 C.F.R.

E-procurement 52

E-procurement Participation Purchasing Contract 52

The Coalition for Government Procurement

OCTOBER 19, 2023

For example, in the past, certain guidance documents that directly impact the MAS negotiation process (and MAS contractors) has not been made available for public review. PAP 2021-05, Evaluation of FSS Program Pricing, is one such example. Most DoD assessments were found to take place above a threshold of $111.4

E-procurement 52

E-procurement Price Supply Chain Procurement 52

GovCon & Trade

AUGUST 28, 2023

In the face of strong opposition from some powerful lobbying groups like the United Steelworkers Union, DOT maintained fairly robust thresholds in line with the proposed waiver. The waiver will also apply when “[t]he total amount of Federal financial assistance applied to the project, through awards or subawards, is below $500,000.”

Manufacturing 130

Manufacturing Transportation Transportation Supply Chain 130

Federal News Network

MARCH 28, 2025

The changes include allowing contracts that fail to meet sales thresholds to expire, removing items with insufficient customer demand, addressing contractor noncompliance, and reducing procurement redundancies. Complexity increases risk which increases costs which leads to higher prices. Eliminate the Price Reduction Clause (PRC).

Price 70

Price Efficiency Procurement Thresholds 70

The Coalition for Government Procurement

MARCH 28, 2025

The changes include allowing contracts that fail to meet sales thresholds to expire, removing items with insufficient customer demand, addressing contractor noncompliance, and reducing procurement redundancies. Complexity increases risk which increases costs which leads to higher prices. Eliminate the Price Reduction Clause (PRC).

Price 49

Price Efficiency Procurement Thresholds 49

Import and Trade Remedies

OCTOBER 31, 2024

On the other hand, this was also beneficial to consumers reliant on eCommerce stores offering competitive prices, reduced taxes, and a wide range of selection. Furthermore, both suppliers and consumers benefitted from simplified import procedures.

Media 45

Media Thresholds Supply Chain Retail 45

Federal News Network

JANUARY 26, 2024

Under FAR Part 19 and 13 CFR, the “rule of two” requires that an acquisition shall be set aside for small business concerns whenever there is reasonable expectation that offers will be obtained from at least two responsible small business concerns and award will be made at fair market prices.

Contract 100

Contract Supply Chain Thresholds Procurement 100