Oxford College of Procurement and Supply

JANUARY 9, 2024

One way to reach this objective is to focus on the cost of acquisition rather than the price of acquisition. Price and cost are often terms that are used interchangeably but in reality, the terms are quite different. Cost vs Price Consider two people going to a supermarket at the same time to buy the same list of groceries.

Price 59

Price Supplier Quality Procurement 59

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.

Bidding 147

Bidding Thresholds Price Evaluation 147

Oxford College of Procurement and Supply

JANUARY 14, 2025

When thinking about benchmarking the most common area that is reviewed is price, but as we know (and as mentioned in previous blogs) price is not the sole factor. Price forms part of cost, and cost is what we should be benchmarking, therefore in procurement areas such as the following should be regularly checked against standards.

Supplier 59

Supplier Supply Chain Price Procurement 59

Import and Trade Remedies

NOVEMBER 30, 2023

The Indonesian government is currently trying to tighten the flow of imported goods into Indonesia. 20 of 2021 on Policy and Arrangements of Import (“ MOT Regulation No.25/2022 To put it simply, the post-border system is the supervision of import permits by the relevant ministries after the goods are cleared from the port.

Import 45

Import Electronics Price Government 45

Redstone Government Consulting

MARCH 13, 2024

The scope of this part describes the applicability of the cost principles and procedures in pricing and accounting for costs on contracts, subcontracts, and modifications whenever cost analysis is needed. There is a lot there, but what’s really important?

Import 52

Import Price Accountability Government Contracts 52

Capital Edge Consulting

MAY 10, 2024

Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. The policies and procedures of clocking in are critically important for employees to remember.

Price 52

Price Government Contracts Government Government 52

GovSpend

FEBRUARY 29, 2024

The agenda promised insights into vendor verification, sourcing new vendors, validating pricing against historical purchase orders, market research, and tailoring bids and RFQs for success. To further illustrate the importance of price validation, Paige then walked the audience through a spending search for Chromebooks.

Procurement 105

Procurement Purchasing Price Bidding 105

Federal News Network

JUNE 24, 2024

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. GSA’s current use of algorithms and pricing data is instructive in this regard.

Transparency 88

Transparency Data Procurement Management 88

Oxford College of Procurement and Supply

AUGUST 23, 2023

In this post, we explain what strategic sourcing is, why it is important and how it can be implemented. Traditional sourcing was all about sourcing goods at the lowest possible price. Where price is the primary component of traditional sourcing, it is just one component of strategic sourcing. Why is strategic sourcing important?

Strategic Sourcing 52

Strategic Sourcing Import Total Cost of Ownership IT 52

Federal News Network

JANUARY 24, 2025

It is important to note that over the years, a host of recommendations have been developed to streamline Federal procurement, reduce barriers to entry, and increase access to the commercial market. Embrace dynamic pricing models that leverage competition from the commercial market.

Efficiency 52

Efficiency Procurement Government Government 52

Federal News Network

JANUARY 12, 2024

On November 16, 2023, the General Services Administration issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. limits on the timing and number of price adjustments). Pricing context is dependent on accurate, relevant data.

Price 52

Price Negotiation Data Contract 52

Federal News Network

NOVEMBER 17, 2023

As one of three major acquisition policy changes GSA is seeking over the next year, the proposal would remove language in the schedules program that many blame for why agencies use lowest price, technically acceptable (LPTA) still too often. The update to CICA is one of three legislative proposals GSA submitted to Congress.

Price 101

Price Supply Chain Risk Management Contract 101

Open Contracting Partnership

MARCH 28, 2024

Bridging the digital divide: Implementing open procurement for effective digital transformation Digital transformation is arguably the most important administrative undertaking of governments around the world. There is research to show that every additional tenderer leads to a price reduction.

Procurement 138

Procurement Framework Agreement IT Public Private Partnership 138

Import and Trade Remedies

APRIL 18, 2024

Our cross-practice panel of international and regional specialists will walk through case studies and provide practical guidance on the key corporate, commercial, regulatory, transfer pricing, VAT and customs issues. Please register your interest by 19 April 2024 as spaces are limited and mark your calendars.

Price 45

Price Distribution Evaluation Import 45

Import and Trade Remedies

FEBRUARY 9, 2024

The proposed Rules are intended to formalise the process for reporting transfer pricing adjustments impacting customs values declared to SARS at the time of importation. In addition, the importer is required, in terms of section 41 of the Act, to submit these supporting documents to SARS when reporting the adjustment.

Price 45

Price Export Import IT 45

The Coalition for Government Procurement

MARCH 14, 2025

As a threshold matter, it is important to note that the remaining 85 percent of supplies and products are ordered manually across the VA. An automated ordering platform would provide VHA with the opportunity to leverage the pricing and value associated with the suite of products offered via the MSPV program and other VA contracts.

Supply Chain 49

Supply Chain Purchasing Transparency Price 49

GovCon & Trade

NOVEMBER 17, 2023

The report provides important insights into the current state of GAO bid protests. The report details the most popular reasons for sustaining protests over the prior year: 1) unreasonable technical evaluation; 2) flawed selection decision; and 3) unreasonable cost or price evaluation. An increase in overall protests.

Bidding 147

Bidding Sustainability Evaluation Procurement 147

SmallGovCon

JUNE 19, 2024

Price Preference For civilian agencies , if the contractor with the lowest priced domestic end product is a large business, then the agency will add a price evaluation penalty to the offeror with the lowest priced foreign end product of 20%. What is a Domestic End Product?

Price 105

Price Government Contracts Manufacturing Purchasing 105

The Coalition for Government Procurement

JANUARY 12, 2024

On November 16, 2023, GSA issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. The rule proposes to remove “certain economic price adjustment requirements within these clauses to better align with commercial standards and practices.”

Price 45

Price Negotiation Data Supplier 45

Public Contracting Institute

NOVEMBER 12, 2024

A4 submitted a claim for four separate items (COVID related price increases, Extra work and differing site conditions, jobsite flooding, and other increases. received a copy from the Army Corps of Engineers (the “Corps”) for design and construction of a special operations mountaineering facility at Fort Carson Colorado. Takeaway.

Price 52

Price Engineering Government Contracts Import 52

SmallGovCon

NOVEMBER 25, 2024

It contains some important insights for how GAO bid protest numbers have changed from prior years. One important point about the GAO bid protest process: GAO met its 100-day deadline to process a bid protest in all cases. This report is GAO’s summary of bid protests for the previous fiscal year.

Bidding 59

Bidding Sustainability Evaluation Price 59

Federal News Network

MAY 30, 2024

Just this month, the Defense Pricing and Contracting unit issued a memo underscoring that authority. And so, DoD, on the one hand, is pursuing a number of policies that are important for protecting national security and policy interests, whether that’s cyber security, supply chain restrictions, domestic preferences.

Supplier 92

Supplier Innovation Price Accountability 92

The Coalition for Government Procurement

JANUARY 24, 2025

It is important to note that over the years, a host of recommendations have been developed to streamline Federal procurement, reduce barriers to entry, and increase access to the commercial market. Embrace dynamic pricing models that leverage competition from the commercial market.

Efficiency 40

Efficiency Procurement Government Government 40

Government Contracts Legal Forum

SEPTEMBER 12, 2024

concluding that the agency’s market research was insufficient to support the agency’s conclusion that it would likely receive quotes from at least two responsible small business concerns at a fair market price. Rule of Two protests can come in two flavors. Over nine years ago, GAO sustained such a protest in Triad Isotopes, Inc.

Sustainability 52

Sustainability Import Manufacturing Procurement 52

Government Contracts & Investigations

OCTOBER 11, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. Applicability of the FAR Cost Principles The FAR Cost Principles apply to the “pricing of contracts, subcontracts, and modifications whenever cost analysis is performed.” [1]

Price 52

Price Government Contracts Government Government 52

SmallGovCon

DECEMBER 21, 2023

When submitting an offer, it is important to make sure that all the requirements of the solicitation are met. 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.

Sustainability 104

Sustainability Price Government Contracts Evaluation 104

The CGP

SEPTEMBER 8, 2023

Doing so is important especially when proposed guidance rises to the level of rulemaking and/or creates new paperwork requirements for private firms seeking to participate in FAS programs. Additionally, FAS should provide the public with a notice and the opportunity to comment on proposed new operational guidance.

Transparency 100

Transparency Negotiation Price Procurement 100

FedScoop

JULY 2, 2024

In a letter sent last week, Consumer Reports and the Consumer Federation of America asked CFPB Director Rohit Chopra for “regulatory clarity” on how financial institutions search for and then implement less discriminatory algorithms in their underwriting work and pricing choices.

Price 108

Price Import Utilities Efficiency 108

Federal News Network

JULY 12, 2024

The BAA, however, is a price evaluation preference, which means if the price of a Chinese product is low enough, the federal government will buy that product. For large business offerors, the price preference added to non-domestic offers is 20%, and for small business offerors, it is 30%.

Supply Chain 92

Supply Chain Price Telecommunication Purchasing 92

Select GCR

OCTOBER 29, 2024

HUBZone-certified businesses not only gain eligibility for set-aside contracts but also receive a 10% price evaluation preference in full and open contract competitions. Cost: provide a clear and competitive pricing structure for your services. Frequently Asked Questions What are NAICS codes, and why are they important?

Government 52

Government Government Government Contracts Negotiation 52

American City & Country

SEPTEMBER 18, 2024

Cross-departmental collaboration and scalable solutions are important to maximizing ROI and adapting to changing citizen demands within budget constraints.” Additionally, it’s important to plan for the entire product lifecycle, factoring in system maintenance, upgrades and eventual replacement when considering budget constraints.”

Purchasing 110

Purchasing Total Cost of Ownership Government Government 110

SmallGovCon

MARCH 26, 2025

Why is this important? Although AFIC claimed that it intended to pay TSS less than 50% of the contract price, there were no sworn statements, subcontracts, or other information that supported that claim. So, what are the important takeaways here? In the end, OHA determined that AFIC failed to meet the burden of proof.

Contract 66

Contract Government Contracts Procurement Evaluation 66

Federal News Network

FEBRUARY 29, 2024

chairman of Homeland Security and Governmental Affairs Committee, and Joni Ernst (R-Iowa), ranking member of the Small Business and Entrepreneurship Committee, are trying to correct a misunderstanding of congressional intent when it comes to how and when agencies should consider price when reviewing proposals for contracts. When [Sen.]

Contract 119

Contract Price Evaluation Bidding 119

American City & Country

SEPTEMBER 27, 2024

One of the most important factors for local governments to consider before purchasing any new technology is how quickly and effectively it can be integrated into an organization’s existing tech stack without disrupting day-to-day operations. This is more than just the flat price of the new technology.

Total Cost of Ownership 110

Total Cost of Ownership Cost of Ownership Buyers Buying Process 110

Federal News Network

OCTOBER 20, 2023

PAP 2021-05, Evaluation of FSS Program Pricing, is one such example. Given the significant pricing policy changes outlined in the PAP, it should have been subject to public review and comment. The new FAS structure provides an opportunity to increase transparency through sustained engagement with industry in this important area.

Negotiation 94

Negotiation Price Transparency Data 94

SmallGovCon

SEPTEMBER 17, 2024

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.

Price 105

Price Bidder Evaluation Procurement 105

The Coalition for Government Procurement

JUNE 21, 2024

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. GSA’s current use of algorithms and pricing data is instructive in this regard.

Transparency 64

Transparency Data Procurement Management 64