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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

Government Contracts & Investigations

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.

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The Truth Behind Truth in Negotiations Requests

Capital Edge Consulting

Labor is among the largest contract cost recorded to Government contracts. 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.

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Joint Venture Agreement Fails for Lack of Detail–And Too Much Detail on Venturer Control

SmallGovCon

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

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Why most government contractors are feeling confident about 2025

Federal News Network

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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GSA Clarifies Permissibility of Upfront Payments for Software-as-a-Service Offerings

Government Contracts Legal Forum

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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FAR Updates: Size Protests for Orders, Rules for 8(a) Follow-On Contracts

SmallGovCon

For instance, for negotiated contracts, 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.”

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What is the FAR: Your Guide to the Federal Acquisition Regulation

Select GCR

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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