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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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Mastering SAM Government Contracting

Select GCR

Diving into government contracting with SAM requires a clear roadmap to success. SAM.gov stands as a crucial portal for businesses seeking federal contracts. This article delivers a concise guide on effectively using SAM, from completing your registration to enhancing your contracting strategy.

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Raytheon to Pay $950 Million in Major FCA and FCPA Case Aided by Whistleblower

Whistleblower Network News

Among the charges are allegations that Raytheon engaged in a bribery scheme to obtain contracts with the Qatari military and misrepresented its costs during contract negotiations with the U.S. This is the second largest government procurement fraud recovery under the Act according to the DOJ. “The

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Supreme Court Weighs in on Deference to Agencies: What the End of Chevron Deference Means for Federal Contractors

SmallGovCon

Well, consider the number of federal statutes that govern federal procurements, contracts, and interactions with the federal government: The Competition in Contracting Act (CICA) , the Small Business Act , and the Federal Acquisition Streamlining Act of 1994 , for starters. You might ask.

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6 Key Elements of Successful RFPs and RFQs

Public Contracting Institute

In the world of government contracting, understanding the basics of Requests for Proposals (RFPs) and Requests for Quotations (RFQs) is crucial. These documents play a vital role in the procurement process, helping agencies find the right contractors for their projects.

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Converting a Procurement from Sealed Bidding to Competitive Proposals

Public Contracting Institute

The Federal Acquisition Regulation (“FAR”) gives contracting officers significant flexibility in selecting the procurement method they choose to use. Competitive proposals will therefore be used for these contracts unless discussions are not required and the use of sealed bids is otherwise appropriate. LLC, B-421676.4,

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Agency Could Not Accept Price Above Awardee’s FSS Price, GAO Says

SmallGovCon

In federal government contracting, however, a contractor may not have the same leeway to raise its prices. In this case, the GAO wrote, “[w]e find the agency’s determination that the awardee’s pricing was fair and reasonable to be flawed.” Looking for the latest government contracting legal news?

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