Government Contracts & Global Trade
NOVEMBER 12, 2024
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?”
SmallGovCon
FEBRUARY 16, 2024
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. After evaluating the quotations, CMS announced that the order would be awarded to Octane Public Relations. B-421917.2,
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SmallGovCon
JUNE 26, 2024
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.
SmallGovCon
OCTOBER 28, 2024
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. In Hometown Veterans Medical, LLC B-422751 (Oct.
Oxford College of Procurement and Supply
JANUARY 9, 2024
One way to reach this objective is to focus on the cost of acquisition rather than the price of acquisition. Price and cost are often terms that are used interchangeably but in reality, the terms are quite different. Cost vs Price Consider two people going to a supermarket at the same time to buy the same list of groceries.
The Procurement ClassRoom
JUNE 25, 2019
Price analysis can be considered a stage of bid evaluation depending on the provisions of a legal and regulatory framework. It is an assessment of the evaluated price of a responsive bid to ascertain that it is not unreasonably high nor unreasonably low, but fair enough to the procuring entity and the supplier.
Government Contracts & Investigations
SEPTEMBER 25, 2023
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]
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