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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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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

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.

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Why e Procurement Systems are the Secret Weapon for Public Sector

ivalua

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 e Procurement Systems as a Potential Source of Revenue.

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UN’s first ever resolution on public procurement: what makes it strong and what’s still missing

Open Contracting Partnership

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 ”.

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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. Department of Defense (DOD).

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Tuesday Tracker 10/29/2024

The Coalition for Government Procurement

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?

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

SmallGovCon

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.