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]

Negotiation 98

Negotiation Price Government Contracts IT 98

SmallGovCon

NOVEMBER 8, 2024

This is something that the National Oceanic and Atmospheric Administration (NOAA) didn’t address in its evaluation for a procurement, resulting in a successful GAO protest. The award decision would be made on a best-value tradeoff approach considering price and non-price factors. But it’s not unlimited.

Sustainability 92

Sustainability Evaluation Price Professional Services 92

Federal News Network

JUNE 24, 2024

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. GSA’s current use of algorithms and pricing data is instructive in this regard.

Transparency 81

Transparency Data Procurement Management 81

Federal News Network

JANUARY 12, 2024

On November 16, 2023, the General Services Administration issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. limits on the timing and number of price adjustments). Pricing context is dependent on accurate, relevant data.

Price 52

Price Negotiation Data Contract 52

GovCon & Trade

FEBRUARY 28, 2024

The protestor’s proposed price was $30,478,050, and its total evaluated price was $30,566,297. The intervenor’s proposed price was $24,848,774, and its total evaluated price was $25,116,561. In response, the Navy insisted that the intervenor’s proposed price of $24.8 4106(f)(1) and 10 U.S.C.

Bidding 147

Bidding Thresholds Price Evaluation 147

Public Contracting Institute

JUNE 5, 2024

Offerors are sometimes distressed when an agency selects a significantly higher priced, higher technically rated proposal in a best value determination. Jacobs protested that the agency had failed to reasonably justify the award at a $37 million (32 percent) price premium. Bulova Techs, LLC, B-281384, Feb.

Price 52

Price Bidding Government Contracts Evaluation 52

Public Contracting Institute

APRIL 19, 2024

Two common contract types are Firm Fixed Price (FFP) and Cost-Reimbursement contracts. Firm Fixed Price Contracts In a Firm Fixed Price contract, the contractor agrees to deliver a specific product or service at a predetermined price. Budget constraints: Evaluate the available budget and the potential for cost overruns.

Price 52

Price Government Government Contract 52

Import and Trade Remedies

APRIL 18, 2024

Faced with a changing economic and regulatory landscape, multinational companies are re-evaluating their operating models in the Middle East to remain competitive and enhance performance. Successful business reorganization requires careful planning and implementation to achieve intended operational and financial objectives.

Price 45

Price Distribution Evaluation Import 45

Capital Edge Consulting

MAY 10, 2024

This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). The post Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts appeared first on Capital Edge Consulting. Contact the experts at Capital Edge Consulting today.

Price 52

Price Government Contracts Government Government 52

The Coalition for Government Procurement

JANUARY 12, 2024

On November 16, 2023, GSA issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. The rule proposes to remove “certain economic price adjustment requirements within these clauses to better align with commercial standards and practices.”

Price 45

Price Negotiation Data Supplier 45

Public Contracting Institute

SEPTEMBER 21, 2023

In a solicitation for design-build construction services related to Fort Bragg, NC, Midnight alleged that the evaluation was improper and used unstated evaluation criteria. Midnight asserted that the Corps unreasonably evaluated the awardee’s technical approach as superior due to its inclusion of a conceptual design.

Evaluation 40

Evaluation Price Government Contracts Consulting 40

Public Contracting Institute

SEPTEMBER 7, 2023

In a recent protest, the Government Accountability Office (“GAO”) held that although performance risk was not specifically listed as an evaluation criterion, an agency may always consider risk that is intrinsic to the stated evaluation factors. South Dade A/C and Refrig., B-421406, April 25, 2023.

Evaluation 40

Evaluation Quality E-procurement Government Contracts 40

The Procurement ClassRoom

MARCH 26, 2019

It is based on years of experience from practicing Public and Project Procurement and takes into consideration bid evaluation procedures and practices applicable under several Public and Project Procurement legal and regulatory frameworks. Bid evaluation is the responsibility of a body known as the Bid Evaluation Panel.

Evaluation 40

Evaluation Bidding Bidder Price 40

GovCon & Trade

DECEMBER 18, 2023

By: Richard Arnholt On November 8, the Government Accountability Office (GAO) denied an unsuccessful bidder’s protest that asserted the Veteran Administration’s (VA) evaluation of Texas Waste Company’s past performance was unreasonable and reflected the Contracting Officer’s (CO) bias.

Bidding 147

Bidding Contract Evaluation Price 147

SmallGovCon

OCTOBER 9, 2024

For qualified HUBZone mentor-protégé joint ventures, SBA is considering how to “clarify the applicability of the HUBZone price evaluation preference to” HUBZone mentor-protégé joint ventures.

Price 76

Price Evaluation Contract Government Contracts 76

Government Contracts & Investigations

OCTOBER 11, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. Applicability of the FAR Cost Principles The FAR Cost Principles apply to the “pricing of contracts, subcontracts, and modifications whenever cost analysis is performed.” [1]

Price 52

Price Government Contracts Government Government 52

The Coalition for Government Procurement

JUNE 21, 2024

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. GSA’s current use of algorithms and pricing data is instructive in this regard.

Transparency 64

Transparency Data Procurement Management 64

The Coalition for Government Procurement

SEPTEMBER 22, 2023

This week, in the spirit of “Fair and Reasonable Transparency,” the Coalition submitted to the Federal Acquisition Service (FAS) feedback on its “ FAS Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing.” Beyond the non-mandatory nature of the FSS program, all task and delivery orders are governed by the FAR 8.4

Price 40

Price Transparency Negotiation Electronics 40

Federal News Network

AUGUST 21, 2024

SBA is also contemplating eliminating the HUBZone price evaluation preference to HUBZone joint ventures formed under the Mentor-Protégé Program. Currently, this preference allows a certified HUBZone small business concern (including a HUBZone joint venture) to have a 10% price preference when competing in a full and open competition.

Price 86

Price Evaluation Bidding Innovation 86

Tendersinfo

APRIL 8, 2021

The factors on which tenders are evaluated in MEAT assessment are Quality Cost-effectiveness approach Technology Aesthetic and functional characteristics Accessibility Social characteristics Environmental characteristics Innovative characteristics After-sales service and technical assistance Delivery date, process, and period.

Procurement Team 52

Procurement Team Evaluation Tender Procurement 52

GovCon & Trade

OCTOBER 19, 2023

In the article, we outlined some key elements that government contractors should consider when deciding whether to submit CSO proposals include: Evaluation: CSOs are reserved for the acquisition of products or services new to the federal contracting space.

Government 147

Government Government Price Innovation 147

Government Contracts Navigator

FEBRUARY 14, 2024

DISPARATE TREATMENT MATERIAL EXCEPTION PRICE EVALUATION PAST PERFORMANCE BEST VALUE DETERMINATION The post 60-Second Sustains: Deloitte Consulting LLP and Softrams LLC appeared first on Government Contracts Navigator. Jochum ● Deloitte Consulting LLPB-422094; B-422094.2 Deloitte Consulting LLP; Softrams, LLCB-421801.2,B-421801.3,B-421801.4,B-421801.5,B-421801.6

Consulting 62

Consulting Sustainability Price Evaluation 62

Government Contracts & Investigations

FEBRUARY 29, 2024

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. 28] DCAA Audit Guidance Chapter 6 of the DCAM, Incurred Cost Audit Procedures, includes detailed guidance for evaluating the reasonableness of compensation costs.

Price 52

Price Government Contracts Government Government 52

Government Contracts

OCTOBER 4, 2024

Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

Bidding 52

Bidding Price Evaluation Accountability 52

Public Contracting Institute

JULY 31, 2024

An RFP is typically used for complex projects where the agency needs detailed proposals, while an RFQ is more suitable for simpler purchases where price is the primary factor. Mastering Cost and Price Analysis Accurate cost estimation and effective price analysis are crucial components of successful RFPs and RFQs.

Negotiation 52

Negotiation E-procurement Price Government Contracts 52

Federal News Network

OCTOBER 25, 2024

The General Services Acquisition Regulation (GSAR) and the Federal Acquisition Regulation (FAR) set forth the policies and procedures for the evaluation and negotiation of “fair and reasonable” contract level pricing under the Federal Supply Schedule (FSS) program. Price protections — most favored nations clauses.

Negotiation 59

Negotiation Price Government Government 59

Public Contracting Institute

NOVEMBER 7, 2024

A contracting officer’s consent to subcontract or approval of the contractor’s purchasing system does not constitute a determination of the acceptability of the subcontract terms or price, or of the allowability of costs, unless the consent or approval specifies otherwise. FAR 44.203(a). FAR 44.204(c)(1).

Price 52

Price Purchasing Data Contract 52

Public Contracting Institute

FEBRUARY 28, 2024

LPE protested that the agency improperly accepted MPZA’s past performance under a bridge contract, had improperly evaluated proposals technically, and made an improper best value selection. GAO noted that the evaluation of past performance is a matter of discretion which will only be disturbed if the Agency’s assessments are unreasonable.

Contract 52

Contract Price Evaluation Government Contracts 52

Federal News Network

NOVEMBER 3, 2023

Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” Pay a Fair and Reasonable Price ). Emphasis added.) See Section 2.

Price 63

Price Evaluation Negotiation Purchasing 63

The Coalition for Government Procurement

NOVEMBER 26, 2024

FAS Releases Update on MAS Pricing and Next Steps On November 19, GSA’s Federal Acquisition Service (FAS) posted an update on Multiple Award Schedule (MAS) pricing to GSA Interact. In April 2024, FAS issued a Request For Information (RFI) to better understand how to align MAS pricing with commercial practices.

Price 52

Price Data Evaluation Contract 52

ExecutiveBiz

JULY 2, 2024

million firm-fixed-price indefinite-delivery/indefinite-quantity contract from the U.S. Navy to simulate airborne threats for training, testing and evaluating shipboard and aircraft squadron weapon systems operators and aircrew on fleet air defense and electronic warfare. Phoenix Air has received a $165.7

Quantity 59

Quantity Electronics Price Evaluation 59

Public Contracting Institute

JULY 23, 2024

First, GAO noted that it is a fundamental principle of federal procurement law that a contracting agency must treat all offerors and evaluate their proposals even-handedly against the solicitation’s requirements and evaluation criteria. On past performance, the agency failed to address quality, and was done only in a summary manner.

Sustainability 52

Sustainability Evaluation Price Consulting 52

Select GCR

SEPTEMBER 17, 2024

Key Takeaways Understanding the different types of government contracts—fixed price, cost reimbursement, and time and materials—is crucial for businesses to manage risks and costs effectively while engaging with government projects. There are three primary types of contracts: fixed price, cost reimbursement, and time/materials contracts.

Government 52

Government Government Contract Government Contracts 52

WashngtonExec

AUGUST 23, 2024

Karolyn Gardner Senior Vice President of Contracts and Pricing, ICF Karolyn Gardner transformed the contracts, pricing and subcontracts team of professionals, elevating their caliber and strengthening their contribution to ICF’s success.

Contract 40

Contract Balance Price Evaluation 40

Federal News Network

FEBRUARY 21, 2024

EPA processing,, TDR expansion, and price evaluation procedures). Gormley also shares the latest operational trends in the Multiple Award Schedule (MAS) program, including key contracting trends shaping the market (e.g., The post An update on FAS first appeared on Federal News Network.

Price 82

Price Evaluation Networking Contract 82

Government Contracts Legal Forum

JULY 18, 2024

CMS evaluated Sparksoft and the eventual awardee, TSG, as follows: Sparksoft protested, challenging numerous areas of the agency’s evaluation, including challenges under both of the non-cost evaluation factors. GAO walked through challenge after challenge, rejecting each one.

Sustainability 52

Sustainability Bidding Evaluation Price 52

Government Contracts & Investigations

FEBRUARY 29, 2024

The remaining successful protests were post-award victories that fall into categories similar to those we saw at the GAO: (1) improper technical evaluation; (2) inadequate documentation; (3) flawed price analysis. The protester’s spreadsheets were off by 30 hours, which resulted in a price difference of 0.063%. In KPMG, LLC v.

E-procurement 52

E-procurement Price Bidder Evaluation 52