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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

39] If improvement curves were used, determine whether they included current hours, all completed production lots, all applicable units, and all applicable hours from prior contracts. [40] 42] Review the purchase order history and the complete buyer’s file ( e.g. , quotes, negotiation summary, correspondence, purchase orders (PO), etc.)

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Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts

Capital Edge Consulting

Labor is among the largest contract cost recorded to Government contracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. Inadequate recordkeeping can lead to low rankings in an audit or even worse: loss of contract.

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“(Don’t) Let the Chips Fall Where They May”:  FAR Council Previews Proposed Rule Implementing the Covered Semiconductor Prohibition  

Government Contracts Legal Forum

This rulemaking process will be one to watch, as the prohibitions will affect nearly all electronic products and services (as acknowledged by the FAR Council in its commentary), from power chargers to fighter jets. Part A is focused on what is delivered to the agency customer and applies to all procurements. origin technology or software.

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Leading Public Sector Online Marketplace Adds 1,000th Local Government, Surpassing $4.6B in Annual Contract Value

DemandStar

SEATTLE, March 22, 2022 (GLOBE NEWSWIRE) — DemandStar , the free and easy electronic procurement marketplace for government contracts, announced it has passed 1,000 local governments on the DemandStar platform, accelerating its industry-leading growth. Original source located at Yahoo Finance.

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COFC: Lapsed SAM Registration During Proposal Evaluations Makes Offeror Ineligible for Award

SmallGovCon

That rule requires that an offeror be registered in SAM at the time of offer submission, “and shall continue to be registered until time of award, during performance, and through final payment of any contract, basic agreement, basic ordering agreement, or blanket purchasing agreement” per FAR 52.204-7(b). Questions about this post?

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A focus on people: Delivering better public procurement

Open Contracting Partnership

These benefits are delivered via Electronic Benefit Transfer (EBT) cards, which recipients use to buy eligible groceries. The problem isn’t necessarily a lack of government will. Governments also depend on technology to manage the procurement process itself. Consider the Supplemental Nutrition Assistance Program (SNAP).

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Navigating Current Supply Chain Challenges—The NITAAC Promise to Our Federal Partners - An open letter from the NITAAC Acting Director

NIH NITAAC

The supply-chain bottlenecks -- around the world -- have caused record shortages of many products that American consumers are used to having readily available, such as household goods, electronics and, most importantly to NITAAC, information technology (IT). billion for unclassified and classified information technology.