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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.
The firm offers solutions for cities , other governments and corrections. Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. In 2024, governments face challenges when they buy technology, Cunningham tells Co-op Solutions.
It’s no secret that government revenues are down at the national, state, and municipal level as a result of the pandemic. While tax revenue shrinks, the pressure on government entities to spend more is (in many cases) increasing. Step 1: Use eProcurement Systems as a Potential Source of Revenue.
At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.
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 governmentprocurement fraud recovery under the Act according to the DOJ. Department of Defense (DOD).
Squandering its Lead Last Thursday, the White House published a national security memo on artificial intelligence (AI) that establishes a roadmap for streamlining the acquisition of AIand defines new governance practices for Federal agencies, reports Fedscoop. Congressional Update Lawmaking Lows?
This actually has many implications for federal contractors and how they interact with the federal government. The result is that courts might disagree with agency interpretations of statutes, which could lead to completely different outcomes for government contract litigation than would have occurred under Chevron deference.
A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Reduced errors, fraud and risk.
Selling to the government can be a highly lucrative endeavor for businesses, but it can also be a complex and challenging process. This is especially true in the SLED (state, local, and education) market, where procurement processes and regulations can vary widely between jurisdictions.
Selling to the government can be a highly lucrative endeavor for businesses, but it can also be a complex and challenging process. This is especially true in the SLED (state, local, and education) market, where procurement processes and regulations can vary widely between jurisdictions.
The Federal Acquisition Regulation (“FAR”) gives contracting officers significant flexibility in selecting the procurement method they choose to use. However, the bid exceeded the Independent Government Estimate (“IGE”) of $46.6 In Great Lakes Dredge & Drydock Co., LLC, B-421676.4, In Great Lakes Dredge & Drydock Co.,
Diving into government contracting with SAM requires a clear roadmap to success. Learn the ins and outs of maintaining compliance, crafting a competitive bid, and positioning your business for growth through federal opportunities, all through the lens of SAM’s pivotal role in governmentprocurement.
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.
There are high economic stakes at play in public procurement—which represents around 12% of GDP and over a third of public expenditure in OECD countries , and even higher proportions in other economies. Even further, I submit, blockchain is and will remain structurally inapt to generate such a governance revolution, for several reasons.
e)(6) states: A protégé may generally have a total of two mentor-protégé agreements with different mentors. (i) i) Each mentor-protégé agreement may last for no more than six years, as set forth in paragraph (e)(5) of this section. e)(6) be redesignated to be located in the protégé-specific provisions as 13 C.F.R.
The model AI clauses have been developed by reference to the (future) obligations arising from the EU AI Act currently under advanced stages of negotiation. This has been heavily criticised in a recent open letter.
In federal government contracting, however, a contractor may not have the same leeway to raise its prices. CMS issued the RFQ to five GSA Schedule vendors under the procedures of FAR Subpart 8.4 , which governs FSS acquisitions. Looking for the latest government contracting legal news? B-421917.2, Questions about this post?
A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Reduced errors, fraud and risk.
Contracting officers are required to procure architect-engineer services under FAR Part 15 negotiation procedures. An architect/engineering firm may be liable for Government costs resulting from errors or deficiencies in designs furnished under that firm’s contract with the Government. FAR 48.102(e). FAR 36.204.
Contractors that have a procurement relationship with a recipient are not required to obtain a UEI. Addition of Cybersecurity Internal Controls 2 CFR 200.303 adds “reasonable” cybersecurity internal control requirements to the information protection internal control requirements at 2 CFR 200.303(e). 7101 et seq.,
These two trainings, which are offered both in-person and virtually, are designed to equip attendees with essential knowledge and tools for navigating the complexities in governmentprocurement. Learn more details about these opportunities below and be sure to register! NW, Washington, D.C.
Spring also means it is time for a Procurement Policy Spring Cleaning Checklist highlighting the key initiatives that will shape procurement operations for customer agencies and industry partners. Do all these “directives” provide a coherent, government-wide approach? What are the implications for government and industry?
Government treasury bills (“T-bills”) becomes higher than the interest rate on 10-year U.S. Government treasury notes. [6] 23] And, as the Government has previously pointed out, “because the committee depends on government statistics that are reported at various lags, it cannot officially designate a recession until after it starts.”
These two trainings, which are offered both in-person and virtually, are designed to equip attendees with essential knowledge and tools for navigating the complexities in governmentprocurement. Learn more details about these opportunities below and be sure to register! NW, Washington, D.C.
The government terminated the contractor for default, and the contractor submitted, and the CO denied, the contractor’s subsequent certified claim. Relying on precedent in Sungwoo E&C Co. benefited from the procurement. The government continually assured the contractor that it was working to resolve the dispute.
Spring also means it is time for a Procurement Policy Spring Cleaning Checklist highlighting the key initiatives that will shape procurement operations for customer agencies and industry partners. Do all these “directives” provide a coherent, government-wide approach? What are the implications for government and industry?
What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?
As a procurement manager, you know how important suppliers are to your organization. Long before you make a purchase decision, you must create the right structure for vendor relationships with your procurement organization. Some giant procure-to-pay (P2P) solutions also have vendor networks financed by supplier fees.
or virtually HERE. On February 28, again at Miller & Chevalier Chartered, we will hold our GSA and VA Schedule Contracting Training for In-House Counsel course.
It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. The last phase of the process, also known as Procure-to-Pay includes the ordering of goods/services, receiving of these, invoicing and payment to suppliers.
Outsourcing procurement services can have an immediate effect on the efficiencies of operations. It could be unfair to compare a procurement department’s efficiencies to those of an outsourced service; however, the comparison would consider the advantages of accessing a more efficient operation provided by a 3 rd party service provider.
And even in governments, there is a growing cadre of public servants who see opportunities being presented by digital technology and are looking to drive dramatic change. What does this mean for procurement and supplier management? That’s not something many procurement professionals traditionally consider. .
The EIP Awards recognize individuals and organizations in the Federal procurement community who make significant contributions to the acquisition system. Sustainable Excellence Award – Presented to a government agency or contractor that has made outstanding contributions that meet the Federal Government’s sustainability goals.
Legal Corner: Bills in US Congress Would Require Federal Agencies and Vendors to Implement NIST AI Framework The Legal Corner provides the procurement community with an opportunity to share insights and comments on relevant legal issues of the day. Authored by Howard W. Waltzman, Stephen Lilley, Evan C.
29 The Coalition for GovernmentProcurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on October 29! GSA & VA Schedule Contracting Training for In-House Counsel, Oct. To register, click here.
The governmentwide day on November 20 will feature expert panels addressing “what’s next” after the election for the future of federal procurement. Join us as we dive into what lies ahead for federal procurement in 2025 and beyond! Market and Procurement Outlook Panel: What’s Next?
In such case, the transfer of the arbitration agreement to the new state is governed by substantive law (and not by formal requirement of article 178(1) of the PILA). The agreements were not drafted, negotiated, or signed by the father or his sons. The parties appealed to CAS, which ruled that the Ecuadorian Football Association (E.)
Jay Blindauer A contractor takes on a Government contract to make money, and inflation is getting in the way. With inflation eroding value for this long, a Government contractor may need to obtain contract relief. Relief So, how does a contractor obtain inflation cost relief from the Government?
Celebrating a Dedicated Procurement Leader: Wishing Tom Sisti a Happy Retirement! It is with mixed emotions that The Coalition for GovernmentProcurement announces the retirement of Executive Vice President & General Counsel, Tom Sisti. Furthermore, he worked as Procurement Counsel detailed to the U.S.
Announcing the Coalition’s Cyber Side Chat, September 12 The Coalition for GovernmentProcurement is proud to present its first-ever Cybersecurity Symposium: The Cyber Side Chat on September 12! The Cyber Side Chat will feature three distinct panels of subject matter experts from government and industry. Why Attend?
Jay Blindauer A contractor will often incur a significant cost (in time and money) to prepare and submit a proposal for a possible Government contract. First, it is required, meaning by law the Government has to give it. Particularly, a required debriefing is not available in all procurements. 2305(b)(6)(A) and 41 U.S.C.
The regulations governing the 8(a) and WOSB Programs do not currently specify the types of blocking power a minority shareholder may have, if any. 121.103(a)(3)) and to add the same language to the regulations governing the 8(a) BD Program (at 13 C.F.R. 128.401(e)) Programs. Specifically, 13 C.F.R. 121.104), HUBZone (13 C.F.R.
The guidance looks to “reduce duplicative work for agencies and companies” and supports Government-wide re-use of agencies’ already existing authorization work. Empower the Government Accountability Office (GAO) to assign a task force to investigate a potential pilot project. leadership abroad.
The Coalition for GovernmentProcurement Endowed Scholarship Fund Proceeds will also support The Coalition for GovernmentProcurement Endowed Scholarship Fund for a deserving veteran studying U.S. governmentprocurement at The George Washington University Law School.
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