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Many predict that, among other procurement and regulatory reforms, the new administration will implement policies favoring the award of fixed-pricegovernmentcontracts and grants. Throughout the years, the procurement pendulum has swung back and forth in favor of and against fixed-pricecontracting.
Governmentcontracts come in various forms, each designed to fit specific needs. Whether you're new to federal contracting or an experienced supplier, knowing the differences between contract types is crucial for success in this complex industry.
How do I get governmentcontracts? Key Takeaways Governmentcontracts offer significant growth opportunities for small businesses, with federal agencies allocating at least 23% of contracting dollars to small businesses annually. government promotes economic growth and job creation.
Trying to figure out how to get a governmentcontract? This no-nonsense guide walks you through the contracting process, from initial eligibility to bidding, and ultimately enables your small business to win contracts available every fiscal year. You’re in the right place! Each agency has specific contractual needs.
When the Office of Federal Procurement Policy launched its Better Contracting Initiative in November 2023, leaders promised this time would be different when it came to developing enterprisewide software licenses. Over two days, the group collaboratively concentrated the original list of terms and price reduction concepts down to 24.
Haynes Boone procurement attorney Dan Ramish joined the Federal Drive with Tom Temin to provide more details. In fact, it was made government-wide when the law was introduced in 1984. So it’s a huge part of governmentcontracting. He’s a procurement attorney with Haynes Boone. Dan Ramish: Sure, Tom.
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.
If you feel like prices for just about everything are going up, you’re not alone. In federal governmentcontracting, however, a contractor may not have the same leeway to raise its prices. Accordingly, issuing an order based on non-FSS pricing under an FSS acquisition would be improper.
The FoRGED Act is the procurement blueprint for the National Defense Authorization Act of 2026. This proposed statutory authority will immediately open up a world of innovation and efficiency for the government and industry. Competition at the order level includes price competition.
Want to start selling to governments but dont know where to begin? This guide breaks down the crucial steps: identifying contracting opportunities, understanding procurement processes, and building relationships with government buyers. Dive in to learn strategies that can help you secure lucrative governmentcontracts.
Want to expand your small business with governmentcontracts? 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.
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 governmentcontracts to assess how a shutdown could impact performance.
We get a lot of questions about federal governmentcontracting as federal governmentcontracting 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. One thing we get asked about a lot is the Buy American Act.
Discover how to navigate the process and secure governmentcontracts for your business. Key Takeaways Bidding on governmentcontracts presents significant growth opportunities for businesses, especially small enterprises, with substantial revenue and credibility benefits. Why Bid on Government Jobs?
As it always does, the National Defense Authorization Act known as the NDAA includes a whole section devoted to federal procurement. Zach Prince And it’s really quite popular with a lot of agencies and they get a lot of good work done quickly without having to go through a typical procurement process.
As such, the funding lapse was treated as work suspension, which was compensable under the contracts equitable adjustment clauses. Healy , the case nevertheless appears to have set the tone for subsequent federal procurement lapses. Looking for the latest governmentcontracting legal news?
Understanding Prime Contractors Prime contractors, also known as federal government contractors, serve as the central figures in federal contracts, with the responsibility for comprehensive execution and management of government projects. Ensuring regulatory compliance is also a crucial part of this process.
The Procurement at Issue The Navy’s Naval Sea Systems Command (NAVSEA) issued a Request for Task Order Proposals (RTOP) to holders of the SeaPort Next Generation indefinite-delivery, indefinite-quantity (IDIQ) contract seeking to procure administrative and engineering support services. 4106(f)(1) and 10 U.S.C.
Here’s what veterans will get for a cost-of-living increase next year Pentagon releases final CMMC rule, paving way for implementation Pentagon Unveils CMMC Program Final Rule New and updated guidance for pricing and reporting on non-competitive defence contracts Couple Defrauds Government Out of Thousands of Dollars, Including Multiple Trips to Disney (..)
Small business enterprise certification, particularly MWBE certification, helps minority and women-owned businesses secure governmentcontracts and receive valuable support. Key Takeaways MWBE certification enhances business opportunities for minority and women-owned enterprises by prioritizing them in governmentcontractprocurement.
. § 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.
Watson, GovernmentContracts 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.
This week in federal governmentcontracting news saw some interesting stories, including a push to streamline contracting and GSA not following procurement rules. We are looking forward to seeing the sun again and warmer days. Hope you are doing well and looking forward to a nice weekend.
Creating a Comprehensive List of GovernmentContracts: Essential Tips and Resources Are you looking to expand your business by securing governmentcontracts? The GovCon Express course offered by the Public Contracting Institute is an excellent starting point for those new to governmentcontracting.
It said, “[t]here is also a perception that small businesses often enter joint ventures to seek multiple award contract awards because procuring agency past performance and experience requirements make it difficult for many small businesses to qualify for the awards individually.” Email us or give us a call at 785-200-8919.
Public sector agencies need to be able to access the cloud, and they do so through public procurement processes. Procurement’s role in supporting modern, digital services for governments is the subject of a report from the Open Data Institute (ODI) and Open Contracting Partnership (OCP). Digital Marketplace. billion ($1.65
The Government considers a split purchase when a contractor intentionally breaks down a requirement to stay under a regulatory threshold (e.g., micro-purchase, simplified acquisition threshold, or Truthful Cost or Pricing Data Act (TINA)) in order to circumvent procurement requirements or avoid having to compete.
Diving into governmentcontracting 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.
Senate Approps target OTA transparency, MTA delays Former Contracting Officer for Department of Defense Sentenced for Conspiracy to Defraud the Government Federal contractor will pay $400K, make 30 job offers to resolve DOL hiring bias claim GSA releases updated standards to accelerate federal buildings toward zero emissions The wave of new procurement (..)
Well, if a small business prime contractor is found to have an ostensible subcontractor, the prime and subcontractor are found to be affiliated, and their sizes will be combined for the contract at issue. This affiliation could lead to the small business exceeding its size for the procurement/contract. As Winergy, LLC, SBA No.
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.
GovernmentContract Consulting: When and How to Leverage Expert Support Governmentcontracting 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.
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.
61 – Number of sustained protests 16% – Percentage of sustained protests, quite a bit lower than last year (due to the CIO-SP4 procurement), but similar to 4 out of the last 5 years. In the prior year a large number of sustained protests were related to a large number of protests of one single procurement. Call us at 785-200-8919.
The Federal Acquisition Regulation (“FAR”) gives contracting officers significant flexibility in selecting the procurement method they choose to use. Competitive proposals will therefore be used for these contracts unless discussions are not required and the use of sealed bids is otherwise appropriate. LLC, B-421676.4,
Solicitations for brand name or equal products are commonly used by contracting officers to ensure that the products procured via the contract meet minimum requirements. Looking for the latest governmentcontracting legal news? Well, the answer to that lies in the solicitation.
The small business rule of two requires agencies to restrict procurements for small businesses when there is a “a reasonable expectation of obtaining offers from two or more responsible small business concerns that are competitive in terms of fair market prices, quality, and delivery.” FAR 19.502-2.
The DOJ also alleges that Raytheon violated the FCA as it “provided untruthful certified cost or pricing data when negotiating prices with the DOD for numerous governmentcontracts and double billed on a weapons maintenance contract.” $428 Boynton, head of the Justice Department’s Civil Division.
3455 to provide additional guidance regarding data requirements needed to support determinations of commerciality and price reasonableness under procurements for major weapon systems. The final rule also impacts the government’sprice reasonableness analysis for products relying on the “minor modification” definition.
Public procurement is like the heartbeat of public spending in most of Africa – by some estimates, it accounts for 17% of the GDP of African Countries. Procurement was long seen as a clerical administrative function, rather than a strategic lever. This was not always the case.
SBA’s proposed rule would change HUBZone protests appeals, principal office requirements (which we did discuss a bit before here ), HUBZone map concepts, and the HUBZone price evaluation preference (PEP). PEP (Price Evaluation Preference) Finally, we look at proposed changes to the HUBZone PEP. Email us here.
The Rule of Two is the federal contracting rule requiring agencies to set aside a solicitation for competition only between small businesses when there are at least two small businesses that could do the work for a fair price. Looking for the latest governmentcontracting legal news? Read on to find out. Simple, right?
Government expenditure through public procurement is essential since it ensures that there are contracts available to be bid in a fair, open, and competitive manner. Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement.
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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