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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Government Contracts

JULY 29, 2024

notified a Connecticut federal court Friday that it will appeal its loss in a lawsuit challenging a new Medicare drug price negotiation program on the grounds that it unlawfully compels the pharmaceutical giant to declare prices "fair," takes its property and imposes an excessive fine. Boehringer Ingelheim Pharmaceuticals Inc.

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Whistleblower Network News

DECEMBER 3, 2024

Following a four-week bench trial, Gen Digital was found liable “for making knowing false claims to the United States when it mispresented its commercial sales practices during the negotiation and subsequent performance of a General Services Administration (GSA) contract,” according to the government.

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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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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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Select GCR

SEPTEMBER 10, 2024

Diving into government contracting with SAM requires a clear roadmap to success. SAM.gov stands as a crucial portal for businesses seeking federal contracts. This article delivers a concise guide on effectively using SAM, from completing your registration to enhancing your contracting strategy.

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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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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 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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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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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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Procurement Notes

MARCH 5, 2024

Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%

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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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Federal News Network

DECEMBER 12, 2024

But OFPP believes the time is ripe to reduce price variance, secure most favorable terms and conditions and improve the federal cyber posture. Currently, prices routinely vary up to 20% for the same software across agencies, OMB wrote in its fact sheet about BCI in 2023. GSAs optimism for this time is based on several factors.

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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 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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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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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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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 Contracts Legal Forum

APRIL 22, 2024

The post GSA Clarifies Permissibility of Upfront Payments for Software-as-a-Service Offerings appeared first on Government Contracts Legal Forum. View the full article

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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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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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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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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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Select GCR

OCTOBER 29, 2024

Want to expand your small business with government contracts? This article covers how a small business government contractor can qualify, find opportunities, and thrive in this space. We’ll explore essential resources, strategies for winning contracts, and compliance requirements.

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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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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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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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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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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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Select GCR

DECEMBER 3, 2024

Discover how to navigate the process and secure government contracts for your business. Key Takeaways Bidding on government contracts presents significant growth opportunities for businesses, especially small enterprises, with substantial revenue and credibility benefits. Why Bid on Government Jobs?

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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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The Coalition for Government Procurement

OCTOBER 11, 2024

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

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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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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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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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