This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits.
Labor is among the largest contract cost recorded to Governmentcontracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. Government contractors of various sizes, including small businesses, may experience floor checks.
Not Detailed Enough First, a JV agreement must contain a provision “[s]pecifying the responsibilities of the parties with regard to negotiation of the contract, source of labor, and contract performance ….” Note that the regulation does allow a lesser showing of detail for indefinite contracts under 13 C.F.R. Section 7.0
Generally, the governmentcontracting 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.
The post GSA Clarifies Permissibility of Upfront Payments for Software-as-a-Service Offerings appeared first on GovernmentContracts Legal Forum. View the full article
For instance, for negotiatedcontracts, a “protest must be received by the contracting officer prior to the close of business on the 5th day, exclusive of Saturdays, Sundays, and legal holidays, after the contracting officer has notified the protestor of the identity of the prospective awardee.”
It’s like a treasure trove of standard solicitation provisions and contract clauses, providing a ready reference for the standard terms often incorporated in governmentcontracts. Types of Procurement Contracts The FAR identifies and provides guidelines for various types of procurement contracts.
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 governmentcontracting, the operative question is – what is in your contract.
Moreover, they make the Government an inhospitable market for vendors, causing a reduction in competition and Government access to innovation. Indeed, the Government recognizes that the number of small business participants in governmentcontracting is on a downward trajectory even as spending with small business is increasing.
Nevertheless, the procuring agency contracting officer chose to require offerors to recertify their size in connection with the follow-on task order solicitation under the OASIS contract. Don’t Miss the 2024 FPS GovernmentContracts Year in Review! NW, Washington, D.C.
Nevertheless, the procuring agency contracting officer chose to require offerors to recertify their size in connection with the follow-on task order solicitation under the OASIS contract. Don’t Miss the 2024 FPS GovernmentContracts Year in Review! NW, Washington, D.C.
To reduce PALT, FAS has looked to the Commercial Platforms program, which includes “pre-negotiated agreements across the Federal Government with eight commercial marketplaces” that purchase card holders can utilize. D on’t Miss the 2024 FPS GovernmentContracts Year in Review! Learn more and register here.
Designed for contractors and businesses of all sizes, we spotlight the risks, opportunities, and considerations that govern successful government engagements without overwhelming you with jargon or theoretical scenarios. The two main categories of governmentcontracts are fixed-price contracts and cost-reimbursement contracts.
Jay Blindauer A contractor takes on a Governmentcontract 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. Obviously, the bigger and more multi-faceted the contract, the more flexibility is afforded.
Jay Blindauer A contractor will often incur a significant cost (in time and money) to prepare and submit a proposal for a possible Governmentcontract. The Competitive Negotiation in a Trojan Horse The 2020 U.S. If the contractor does not obtain an award, it is reasonable and appropriate to want to know why. 3703 , 10 U.S.C.
The deadline to avoid a government shutdown is September 30, although Friday, September 27 is seen as the target date for lawmakers to finalize negotiations before returning to their home districts to campaign until the election. D on’t Miss the 2024 FPS GovernmentContracts Year in Review!
Looking to secure a governmentcontract? Learn how to establish your business, tap into government needs, and bid effectively to win contracts. Dive into the essentials of compliance and collaboration to maximize your success as a government contractor. They submit direct bids to undertake governmentcontracts.
How can you win a governmentcontract ? This article will show you the steps to take, from understanding different contract types to crafting a winning bid, including how to find governmentcontracts and bidding on them. Get ready to navigate the world of governmentcontracts with confidence.
Cost reimbursement contracts offer flexibility for unpredictable expenses, with variants that incentivize performance without financial hardship for contractors. Indefinite Delivery, Indefinite Quantity (IDIQ) contracts enable government agencies to adjust procurement according to evolving needs while managing uncertainty effectively.
Engaging in small business programs like the HUBZone , 8(a), WOSB, and SDVOSB enhances competitive advantages through set-aside contracts and specialized support, aiding success in the federal marketplace. The federal government spends billions of dollars each year on contracts, making it a significant market for businesses of all sizes.
GSA noted the following three updates to the portal: Added a field to allow an Offeror to input the period of performance for Single Award Indefinite Delivery, Indefinite Quantitycontracts, Blanket Purchase Agreements, or Basic Ordering Agreements to validate whether a Collection of Task Orders was completed within five years before June 15, 2023.
Terms and conditions, among them, quality, quantity, delivery, warranty, capability, complexity and place of performance, factor into pricing decisions. Data context in assessing fair and reasonable pricing is foundational to sound acquisition business decisions. It is also a regulatory requirement. See FAR 15.405.
Legal Corner: Navigating the COTS Exception in GovernmentContracts Data Security Requirements: A Closer Look at the FAR and DFARS The Legal Corner provides the procurement community with an opportunity to share insights and comments on relevant legal issues of the day.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content