Government Contracts & Investigations

JANUARY 31, 2024

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the third article in a multi-part series on the Federal Acquisition Regulation (“FAR”) Cost Principles applicable to contracts with commercial organizations.

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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

JULY 3, 2024

Department of Health and Human Services in Boehringer Ingelheim's challenge to a new Medicare drug price negotiation program, rejecting the pharmaceutical company's claim that the program is unconstitutional. A Connecticut federal judge on Wednesday sided with the U.S.

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Public Contracting Institute

OCTOBER 9, 2024

Cybersecurity is a big deal in government contracting. It’s a program created by the Department of Defense (DoD) to make sure companies working with the government are keeping their data safe. The better your grade, the more secure you are, and the more likely you are to win government contracts.

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Public Contracting Institute

APRIL 23, 2024

Firm fixed price (FFP) contracts are a common type of agreement used in government contracting. Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project.

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Redstone Government Consulting

SEPTEMBER 20, 2023

Any company receiving a government contract for the first time will have lots of questions and changes to their operations as a result of that contract. The question is, will the accounting structure and approach to the company’s accounting practices have to change?

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Public Contracting Institute

MAY 16, 2024

Creating a Comprehensive List of Government Contracts: Essential Tips and Resources Are you looking to expand your business by securing government contracts? The GovCon Express course offered by the Public Contracting Institute is an excellent starting point for those new to government contracting.

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GovCon Wire

JUNE 7, 2024

Andrew Benson, a nearly two-decade finance and pricing executive in the government contracting industry, was appointed vice president of pricing at Astrion, an Oasis Systems-ERC combination working to addressing cybersecurity, mission support, systems engineering and digital challenges across the defense, space and government sectors.

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Government Contracts

APRIL 12, 2024

Supreme Court to clarify disqualification protocol for judges overseeing a case related to their prior work as a government attorney, and energy drink manufacturers want the court to develop a modern-day test to determine if companies qualify as price-discrimination competitors.

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Public Contracting Institute

APRIL 19, 2024

When it comes to government contracting, choosing the right contract type is crucial for the success of your project. Two common contract types are Firm Fixed Price (FFP) and Cost-Reimbursement contracts.

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WashngtonExec

MARCH 18, 2024

Marc Madison Vice President of Strategic Pricing Administration, Koniag Government Services Marc Madison’s career includes over 20 years of federal pricing experience working for several Fortune 500 government contracting companies. He joined KGS 13 years ago to support an exceptional, growing company.

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Public Contracting Institute

AUGUST 2, 2024

In the world of government contracting, small businesses play a crucial role in fostering innovation and economic growth. The Public Contracting Institute (PCI) is committed to supporting these enterprises through comprehensive training and resources. It provides contracting assistance to small businesses located in these zones.

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Public Contracting Institute

JANUARY 31, 2024

FAR 52.214-16, Minimum Bid acceptance Period: the contracting officer inserts a time period in that clause, similar to Form 33 above; or A time period set forth somewhere else in the text of the solicitation. The purpose of the extension is to freeze prices while the agency makes its selection, or takes other action.

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Watson & Associates

AUGUST 10, 2023

Watson, Government Contracts and Procurement Fraud Attorney: The Truth in Negotiations Act (TINA), also known as Public Law 87-653, is a U.S. 254b that requires government contractors to submit cost or pricing data in their bids and to certify. Theodore P. federal law, 10 U.S.C. 2306a, 41 U.S.C.

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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

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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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. The rejected offeror may believe that the government has not properly conducted the best value determination, and request a quantification of the benefits in the higher rated proposal.

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Government Contracts

AUGUST 9, 2024

Federal prosecutors on Thursday announced the indictment of an Oklahoma highway runoff contracting business and two of its employees for their involvement in a price-fixing, bid-rigging and market allocation conspiracy that impacted over $100 million in publicly funded construction contracts in the state.

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ExecutiveBiz

APRIL 17, 2024

Mike Harper , a government contracts pricing professional, has taken on the role of vice president of pricing and estimating at J&J Worldwide Services , a provider of preventative maintenance support services to U.S. federal government and civilian agency customers.

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Government Contracts

JULY 31, 2024

from making an interlocutory appeal over his interpretation of regulations in a whistleblower's lawsuit claiming the company's prescription entities falsely reported drug prices to the government. A Pennsylvania federal judge has barred CVS Health Co.

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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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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

APRIL 22, 2024

used distorted pricing for medium-term construction contracts that produced significantly inflated and unreasonably low-cost estimates, according to a government watchdog. Federal building overseers in the Southeast U.S.

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Government Contracts

MARCH 12, 2024

Contractors party to fixed-price contracts should note the recent shift in the government’s approach to cost adjustments in light of inflation, and familiarize themselves with certain steps that could help mitigate economic losses arising from increased performance and delivery costs, says Craig Stetson at Capital Edge Consulting.

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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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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

MARCH 19, 2024

Texas Supreme Court justices questioned an electricity provider about its argument that the Public Utility Commission of Texas' policy setting price caps during extreme events goes against state law, asking if the agency should prioritize competition over keeping "the lights on" during oral arguments Tuesday.

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Government Contracts Advisor

MARCH 2, 2023

A recent Court of Federal Claims protest case highlights a potential exception to the Blue & Gold Fleet waiver rule and finds an absence of adequate price analysis despite finding there was adequate price competition.

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Government Contracts

FEBRUARY 23, 2024

An emerging trend among large defense contractors to avoid fixed-price contracts with the federal government may force agencies to ease up on inflexible terms that undermine contractors' efforts to mitigate the lingering effects of COVID-19 and current inflation.

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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

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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SmallGovCon

JUNE 19, 2024

We get a lot of questions about federal government contracting as federal government contracting attorneys, which makes sense. This is also unsurprising, as the government really did not do the best job in making it clear what this act does. Looking for the latest government contracting legal news?

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WashngtonExec

OCTOBER 9, 2024

Tyto Athene has appointed Rick Johnson as chief financial officer to lead the finance, accounting, supply chain, pricing and contracts teams. Johnson brings over 25 years of financial and accounting experience in the federal government contracting arena. Rick is a proven CFO with a very strategic orientation.

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SmallGovCon

OCTOBER 8, 2024

. § 124.506 states that a solicitation must be competed among 8(a) Program participants if there is a reasonable expectation that at least two eligible 8(a) Program participants will submit offers at a fair market price, the anticipated award price will exceed $7 million for manufacturing NAICS and $4.5 million or less for all others.

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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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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

NOVEMBER 17, 2023

directors of failing to curtail Medicaid fraud fails to show a majority of the board knew about the company's alleged pricing problem or that they consciously disregarded any red flags, an attorney for the directors told Delaware's Court of Chancery Friday. A stockholder suit accusing Centene Corp.

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