Capital Edge Consulting

MAY 10, 2024

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. Our Experts compiled guidance with suggestions to assure organizations are prepared for Floor Checks.

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Government Contracts Legal Forum

JUNE 11, 2024

In this episode, they dive into the definition of cost or pricing data. It All Adds Up” is Crowell & Moring’s podcast covering the latest government contract accounting, cost, and pricing developments. Spoiler alert: the devil’s in the details. “It View the full article

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SmallGovCon

JUNE 26, 2024

We often see price realism in protests when the protester is making the claim that the awardee’s price, which was lower than the protester’s price, is low enough that the awardee would not be able to perform the work as solicited. Most often, GAO will determine that the agency’s price realism analysis was acceptable.

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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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Whistleblower Network News

NOVEMBER 26, 2024

Fraud in the government contracting process costs taxpayers untold dollars each year,” said U.S. We will continue to work with our federal law enforcement partners to investigate and pursue those who commit government contracting fraud.” Attorney Prim F. Escalona for the Northern District of Alabama. “We

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Inside Government Contracts

OCTOBER 19, 2023

Each agency and contract can offer unique challenges, but we offer a few key considerations below to guide contractors in assessing their approaches to potential shutdowns: Assess Impacted Contracts – As a first step, contractors should take inventory of their government contracts to assess how a shutdown could impact performance.

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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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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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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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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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SmallGovCon

DECEMBER 4, 2024

The FAR Council notes that the figures are based on a consumer price index for March 2025 of 323.193 (although we are not sure what this number consists of). If the actual consumer price index differs, the figures may be adjusted. Looking for the latest government contracting legal news?

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Thresholds Purchasing Price Government Contracts 101

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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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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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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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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Government Contracts & Investigations

JANUARY 19, 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 second article in a multi-part series on the Federal Acquisition Regulation (FAR) Cost Principles applicable to contracts with commercial organizations.

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GovCon & Trade

FEBRUARY 28, 2024

The protestor’s proposed price was $30,478,050, and its total evaluated price was $30,566,297. The intervenor’s proposed price was $24,848,774, and its total evaluated price was $25,116,561. In response, the Navy insisted that the intervenor’s proposed price of $24.8 4106(f)(1) and 10 U.S.C.

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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 & Global Trade

NOVEMBER 12, 2024

The most important section in your federal proposal and contract will always be pricing – just ask any CEO or federal buyer. But in today’s government market, there are a lot of areas that can confuse a contractor’s pricing strategy. And when you win the bid, the questions remain: “will we make a profit?”

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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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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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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

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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SmallGovCon

NOVEMBER 8, 2024

The award decision would be made on a best-value tradeoff approach considering price and non-price factors. The non-price factors were evaluated for prior experience, staffing plan, technical approach, management approach, and past performance. Then the agency would go to phase two and evaluate the remaining factors and price.

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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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SmallGovCon

APRIL 26, 2024

In federal government contracting news this week, be sure to check out the stories about the new sustainability rules (and our recent blog ), as well as new legislation on solicitation language and buying technology. It’s wonderful weather for all those recently planted gardens, however, as long as the storms aren’t bad!

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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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SmallGovCon

JANUARY 26, 2024

This week in federal government contracting news saw some interesting stories, including a push to streamline contracting and GSA not following procurement rules. We’ve had snow, ice, rain and sub degree temperatures! We are looking forward to seeing the sun again and warmer days.

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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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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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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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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

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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SmallGovCon

OCTOBER 9, 2024

For qualified HUBZone mentor-protégé joint ventures, SBA is considering how to “clarify the applicability of the HUBZone price evaluation preference to” HUBZone mentor-protégé joint ventures. Looking for the latest government contracting legal news? Email us or give us a call at 785-200-8919.

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SmallGovCon

DECEMBER 21, 2023

This is essentially Federal Government Contracting 101 and applies to any type of solicitation. 17, 2023) , GAO looked at this issue in the context of a lowest-price, technically acceptable (LPTA) solicitation for a brand name or better product, with an unexpected ending that the protester surely did not see coming.

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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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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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