Remove Evaluation Remove Government Remove Price
article thumbnail

Pricing Federal Contract Bids: Do’s and Don’ts

Government Contracts & Global Trade

The most important section in your federal proposal and contract will always be pricing – just ask any CEO or federal buyer. But in today’s government market, there are a lot of areas that can confuse a contractor’s pricing strategy. And when you win the bid, the questions remain: “will we make a profit?”

Price 52
article thumbnail

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

SmallGovCon

If you feel like prices for just about everything are going up, you’re not alone. 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.

Price 74
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

CSO Requirements for Government Contractors

GovCon & Trade

We defined CSOs as “another pathway for nontraditional technology companies to provide goods and services to the federal government. Award: CSOs are awarded on a fixed-price basis and include fixed-price incentive contracts.

article thumbnail

GAO Protest Sustain: Flawed Price Realism Analysis

SmallGovCon

We often see price realism in protests when the protester is making the claim that the awardee’s price, which was lower than the protester’s price, is low enough that the awardee would not be able to perform the work as solicited. Most often, GAO will determine that the agency’s price realism analysis was acceptable.

Price 59
article thumbnail

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. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]

article thumbnail

GAO Sustain: Offeror’s Failure to Follow Solicitation’s Document Preparation Instructions was Unstated Evaluation Criteria

SmallGovCon

The RFP stated that offerors would be evaluated on experience and price. Failure to comply with ALL criteria as set forth by the solicitation and ALL documentation requested in this basis of award will result in your proposal being rejected and therefore not evaluated. Looking for the latest government contracting legal news?

article thumbnail

Firm Fixed Price vs. Cost-Reimbursement Contracts: Choosing the Right Approach for Your Government Project

Public Contracting Institute

When it comes to government contracting, choosing the right contract type is crucial for the success of your project. Two common contract types are Firm Fixed Price (FFP) and Cost-Reimbursement contracts. Risk allocation: The government assumes more risk, as they are responsible for reimbursing allowable costs.

Price 52