Government Contracts

JUNE 20, 2024

An "unprecedented" new Medicare price negotiation program deprives drugmakers of their constitutional rights and forces them to make declarations on issues of public concern that reflect poorly on them, Boehringer Ingelheim Pharmaceuticals Inc.

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Government Contracts

NOVEMBER 2, 2023

The federal government has urged a Delaware federal judge not to block the Inflation Reduction Act's provision allowing it to negotiate drug prices with pharmaceutical companies, arguing that AstraZeneca doesn't have standing to bring its claims, which, in any event, are meritless.

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Public Contracting Institute

MAY 22, 2024

Government Contract Consulting: When and How to Leverage Expert Support Government contracting can be a lucrative but complex field to navigate. Knowing when and how to engage expert consultants can give your business a major advantage in winning contracts and delivering successful projects.

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Government Contracts

DECEMBER 4, 2023

AstraZeneca has chided the federal government for seeking a quick win against the drugmaker's challenge to the Medicare drug price negotiation program in a recent brief, arguing that the Centers for Medicare and Medicaid Services mistakenly believes it has "absolute authority to unilaterally dictate prices."

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Government Contracts

DECEMBER 21, 2023

Boehringer Ingelheim and other drugmakers are free to take their business elsewhere if they object to the new Medicare price negotiation program, the federal government has said, urging a judge to reject the company's claims of constitutional violations.

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Whistleblower Network News

OCTOBER 17, 2024

Among the charges are allegations that Raytheon engaged in a bribery scheme to obtain contracts with the Qatari military and misrepresented its costs during contract negotiations with the U.S. Securities and Exchange Commission (SEC) announced a related $124 million settlement. Department of Defense (DOD).

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Public Contracting Institute

JULY 31, 2024

In the world of government contracting, understanding the basics of Requests for Proposals (RFPs) and Requests for Quotations (RFQs) is crucial. Let’s explore the six essential elements that make RFPs and RFQs successful in government contracting.

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Government Contracts

NOVEMBER 9, 2023

Nine health care experts and the AARP in briefs filed Thursday asked a Delaware federal court to reject AstraZeneca's challenge to the Inflation Reduction Act's provision allowing the government to negotiate drug prices with pharmaceutical companies.

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Government Contracts Advisor

NOVEMBER 8, 2023

In light of the increased audit activity focusing on defective pricing issues, this article surveys recent defective pricing cases, specifically those decided since the turn of the century.

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Public Contracting Institute

MAY 9, 2024

Special focus on contract pricing). price negotiations and procedures should be used by contracting officers to determine the price reasonableness of modifications offered under a sealed bid contract. Examples of price analysis techniques can be found at FAR 15.404-1(b)(2). FAR 15.400.

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Government Contracts Legal Forum

MAY 7, 2024

What is the Truthful Cost or Pricing Data Act, formerly known as the Truth in Negotiations Act? When are contractors and subcontractors required to provide certified cost or pricing data? Listen : Crowell.com | PodBean | SoundCloud | Apple Podcasts The post It All Adds Up appeared first on Government Contracts Legal Forum.

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IT Negotiation Price Government Contracts 52

Select GCR

JUNE 11, 2024

If you’re exploring contract types that any government agency uses, understanding the distinctions between fixed-price, cost-reimbursement, and other specialized contracts is paramount. This guide cuts through the complexity, offering a concise overview of each contract type’s structure and purpose in federal procurement.

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Government Government Contract Price 52

Public Contracting Institute

MAY 8, 2024

Under some circumstances, if an IFB is canceled but the requirement remains, the agency may complete the procurement by converting it to a negotiated procurement, but FAR 14.404-1 places limitations on when this is permitted. However, the bid exceeded the Independent Government Estimate (“IGE”) of $46.6 LLC, B-421676.4,

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Bidding Procurement E-procurement Negotiation 52

Public Contracting Institute

APRIL 26, 2024

In our next session, we will cover FAR Part 15 (Contracting by Negotiation) As we prepare for our 9th episode of Season 11, here are a few FAR Facts for us to think about: A contract awarded using other than sealed bidding procedures is a “negotiated ” FAR 15.000. FAR 15.506(d).

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Public Contracting Institute

MAY 20, 2024

It typically involves the following steps: Identifying opportunities Reviewing solicitation documents Attending pre-bid meetings Preparing and submitting a responsive bid Participating in bid evaluation and negotiations To excel in the bidding process, consider enrolling in our Life Sciences Contracting 101 course.

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Public Contracting Institute

OCTOBER 10, 2024

As we prepare for our 21st episode of Season 11, here are a few Episode 21 FAR Facts for us to think about: Solicitations for construction contracts are required to contain the Government’s estimated price range for the project. FAR 36.204. FAR 36.214. FAR 48.103(c).

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E-procurement Engineering Utilities Negotiation 52

Government Contracts Advisor

APRIL 9, 2020

The COVID-19 global pandemic and the United States’ response to the national emergency are having significant impacts on the government […]

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Whistleblower Network News

JANUARY 31, 2024

and its subsidiaries will pay $5 million to settle charges that they violated the False Claims Act (FCA) “by falsely overstating cost or pricing data included in a subcontract proposal for work under a contract with the U.S. government. Department of the Army.” Attorney Dawn N.

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Fox Rothschild: Government Contracts

JANUARY 3, 2024

The agency can cancel a solicitation under a number of limited circumstances, including based on defects in the solicitation or specifications, unreasonable bid pricing, or lack of funding. However, GAO rejected the agency’s plan to convert the sealed IFB to a negotiated procurement.

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Bidding Bidder Negotiation Procurement 59

The Coalition for Government Procurement

OCTOBER 15, 2024

NW, Washington, D.C. 20006), with virtual attendance available as well.

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The Coalition for Government Procurement

OCTOBER 11, 2024

NW, Washington, D.C. 20006), with virtual attendance available as well.

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Price Negotiation Ethics E-procurement Contract 45

LexBlog: Contracts & Procurement

JANUARY 3, 2024

The agency can cancel a solicitation under a number of limited circumstances, including based on defects in the solicitation or specifications, unreasonable bid pricing, or lack of funding. However, GAO rejected the agency’s plan to convert the sealed IFB to a negotiated procurement.

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Bidder Bidding Negotiation Procurement 52

The Coalition for Government Procurement

FEBRUARY 16, 2024

Topics covered during the training will include: The GSA Schedules Program: An Entry Point to Government Contracting Obtaining Your GSA Schedule or Schedule Modification, along with Option Extensions Navigating the Price Negotiation Process Better Understanding of Management and Compliance of the Price Reduction Clause Schedule e-Tools: Tips on Competing (..)

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Federal News Network

AUGUST 1, 2024

Companies entering into government contracting (or expanding their capabilities team skillset) may consider a mergers and acquisition strategy. They can merge with or acquire another contractor to gain past performance history, new contract vehicles and new technical capabilities. What is your business vision?

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Select GCR

SEPTEMBER 3, 2024

Legitimate sole source situations require thorough justification, including market research and analysis, evidence of unique expertise or specialized needs that only one vendor can fulfill, and a demonstration that the price is fair and reasonable. This must be demonstrated along with ensuring the price is fair and reasonable.

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Select GCR

MAY 14, 2024

It’s like a treasure trove of standard solicitation provisions and contract clauses, providing a ready reference for the standard terms often incorporated in government contracts. Types of Procurement Contracts The FAR identifies and provides guidelines for various types of procurement contracts.

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Federal News Network

JULY 25, 2024

Fluor argued that BAE breached the subcontract by directing the changes, while refusing to equitably adjust the subcontract price upward by $183 million, as required by the subcontract’s changes clause. The prime contractor, BAE, argued that the subcontractor Fluor’s delays breached the subcontract, requiring BAE to compensate the Army.

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The Coalition for Government Procurement

FEBRUARY 23, 2024

First and foremost, if enacted, the legislative language will enable the Schedule program to continue to modernize beyond the price reduction clause, which clause represents the antithesis of best value. Certainly, there will be task or delivery order competitions where price is the determining factor.

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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]

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Price Government Contracts Government Government 52

Federal News Network

JUNE 4, 2024

Generally, the government contracting markets have been relatively insulated from the economic conditions. I think most government contractors have contracts that are negotiated and the prices are negotiated upfront, and then they have to adhere to those prices over the course of the entire five-to-10 year contract.

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LexBlog: Contracts & Procurement

JUNE 3, 2022

As we recently covered here , contractors experiencing material cost escalation on firm-fixed-price (FFP) contracts face a difficult road to recover those increased costs from the Government. In response, the Department of Defense (DOD) issued new Guidance on Inflation and Economic Price Adjustment.

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Federal News Network

JUNE 19, 2024

They say contracting officers are trying to re-negotiate finished contracts and making unreasonable demands for information. Six months (or) a year later, a company comes in and asks for a contract modification. Complaints coming from contractors on the General Services Administration’s multiple-award schedule.

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The Coalition for Government Procurement

OCTOBER 10, 2024

During the training, Jason, Liam, and Alex will cover the following topics and more: Pricing – Transactional Data Reporting (TDR)/Commercial Sales Practices (CSP); Domestic Preferences; Supply Chain; Enforcement/Mandatory Disclosure/Ethics; Sustainability Requirements/Policy; and Bid Protests Update.

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The Coalition for Government Procurement

AUGUST 15, 2024

Accordingly, contractors competing under OT solicitations (as well as government contracting personnel) should be aware of the potential for judicial review of these kinds of acquisitions. The new prices will be effective Jan 1, 2026.

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LexBlog: Contracts & Procurement

NOVEMBER 1, 2022

Whether a recession is here now or merely waiting in the wings, proactive government contractors can make strategic moves to be in the best possible position to weather the storm. Remedy Granting Contract Clauses As with most issues with government contracting, the operative question is – what is in your contract.

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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. The current topic is Federal Acquisition Regulation (FAR) Cost Principles applicable to contracts with commercial organizations. DCAA, DCAM ¶ 6-413.1.c. 18] See FAR 31.205-6. [19]

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Procurement Notes

OCTOBER 10, 2022

Jay Blindauer A contractor takes on a Government contract to make money, and inflation is getting in the way. With inflation eroding value for this long, a Government contractor may need to obtain contract relief. ” [5] Iron ore prices are down from 2021, but still above 2015-2019 averages.

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