Remove Evaluation Remove Price Negotiation Remove Thresholds
article thumbnail

The nexus between data management tools, transparency and procurement policy

Federal News Network

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 price evaluation 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.

article thumbnail

The Nexus Between Data Management Tools, Transparency and Procurement Policy

The Coalition for Government Procurement

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 price evaluation 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.

article thumbnail

Friday Flash 08/16/2024

The Coalition for Government Procurement

Healthcare Spotlight: HHS Announces Medicare Part D Negotiated Prices This week, the Department of Health and Human Services (HHS) released the final drug prices negotiated through its Medicare Drug Price Negotiation Program established under the Inflation Reduction Act of 2022 (IRA).

article thumbnail

An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

EPA Clauses The FAR If a contractor has a contract with a Federal Acquisition Regulation (“FAR”) Economic Price Adjustment (“EPA”) clause—which was designed to protect the Government and the contractor from cost fluctuations—then at least a partial remedy should be available through that clause. [17] Not easy to do.

article thumbnail

Friday Flash 02/09/2024

The Coalition for Government Procurement

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.

article thumbnail

Friday Flash 06/07/2024

The Coalition for Government Procurement

1 Simplified Acquisition Threshold: The bill would raise the simplified acquisition threshold (SAT) from $250,000 to $500,000. Unlike traditional competition requirements, these procedures are more streamlined and flexible. To register for this members-only meeting, click here. Virtual attendance will also be available.