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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.
Unpacking the Black Box of Price Analysis Over the last several years, GSA has been using a series of data management tools to support the priceevaluation of products under the Multiple Award Schedule (MAS) program. The next logical step is to provide industry partners with direct access to the algorithm and pricing database.
Unpacking the Black Box of Price Analysis Over the last several years, GSA has been using a series of data management tools to support the priceevaluation of products under the Multiple Award Schedule (MAS) program. The next logical step is to provide industry partners with direct access to the algorithm and pricing database.
This language would require suppliers to adhere to specified actions that are “consistent with the Framework” (although the bills do not specify what these actions will be) and provide “appropriate access to data, models, and parameters…to enable sufficient test and evaluation, verification, and validation.” Register now by clicking here.
The key features of the JPSR system are: Confidential, user-based access to protect data entry; Risk event evaluation, root cause analysis, and higher-level investigation; Customizable analytical tools and reports to develop and implement proper quality control measures; and Dashboards for monitoring, measuring, and analyzing key data.
The FAR covers various aspects, including contract formation, administration, pricing, and subcontracting standards, ensuring a standardized approach to federal procurement. Federal contractors must maintain written affirmative action plans, which are subject to evaluation by the Office of Federal Contract Compliance Programs (OFCCP).
Healthcare Spotlight: HHS Announces Medicare Part D NegotiatedPrices This week, the Department of Health and Human Services (HHS) released the final drug pricesnegotiated through its Medicare Drug PriceNegotiation Program established under the Inflation Reduction Act of 2022 (IRA).
John Tenaglia , who is the Principal Director of Defense Pricing and Contracting in the Office of the Undersecretary of Defense, Acquisition & Sustainment (“ OUSD(A&S) ”), provided guidance to DoD contracting offices about using EPA clauses to remedy inflation. 154] And the same occurs for each subsequent pricing period.
Relatedly, the Department is authorized to evaluate risks associated with the likelihood that an IaaS product or provider may be used for malicious cyber-enabled activity, and recommend remediation measures to address such risks. Access the recording here. For any assistance, please contact Michael Hanafin at mhanafin@thecgp.org.
The AISIC will develop guidelines for “red-teaming, capability evaluations, risk management, safety and security, and watermarking synthetic content,” and will be housed within the U.S. Similar to the recent OASIS+ procurement, Alliant 3 will utilize a self-scoring system to evaluate a contractor’s status as a BIC solution provider.
These include: (1) negotiations only with the best suited offeror (i.e., the apparent successful offeror); (2) use of the highest rated offeror best value methodology; and (3) the determination of a fair and reasonable price. From there, the agency may negotiate with one or more of the top ranked offerors. [8]
The Price Reduction Clause (PRC), which applies to Federal Supply Schedule (FSS) contracting, is not based on statute, and is a price control mechanism. It increases prices for government and commercial customers. This outdated, anti-competitive, administratively burdensome requirement is counterproductive.
The Price Reduction Clause (PRC), which applies to Federal Supply Schedule (FSS) contracting, is not based on statute, and is a price control mechanism. It increases prices for government and commercial customers. This outdated, anti-competitive, administratively burdensome requirement is counterproductive.
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