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?

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Price Government Contracts Manufacturing Purchasing 105

SmallGovCon

FEBRUARY 19, 2024

124.506 , if an 8(a) contract price would exceed a certain threshold ($7 million for manufacturing contracts, $4.5 But we think this protest raises some important questions. Under 13 C.F.R. million for others), in most cases, the agency must compete the set-aside. But this rule does not apply in all circumstances.

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Contract Thresholds Procurement Bidding 115

SmallGovCon

JULY 18, 2024

On top of this, it also would allow DoD contracting officers to sole source contracts to VOSBs if the contracts are below certain dollar thresholds. It is very important to clarify here that the above all only would apply to DoD contracts. This new provision would also set up a VOSB contracting goal for DoD.

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Contract Government Contracts Price Thresholds 105

Kluwer Arbitration

JULY 17, 2024

How domestic courts approach challenges to arbitration awards is of increasing importance as foreign parties often decide to seat an arbitration in a jurisdiction that they believe will provide the greatest stability to governing the arbitration process. Under Section 3.6(a)

Thresholds 98

Thresholds Import Contract IT 98

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.

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Transparency Data Procurement Management 64

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]

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Price Government Contracts Government Government 52

ivalua

MAY 9, 2023

The result– the market has turned into almost a monopoly where there is one dominant provider and the threshold for other vendors is so high that entry is incredibly difficult. In light of existing rules, vendors can deter competition by driving prices down in competitive tenders.

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Public Procurement Tender Supplier Procurement 98

Select GCR

DECEMBER 10, 2024

Most government contracts require a competitive solicitation process, especially for purchases exceeding certain thresholds, typically ranging from $5,000 to $50,000. One approach to securing short-term wins is to offer a proof of concept or low-cost pilots that fall below the agencys competitive threshold.

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Government Government Buyers Government Contracts 52

The Coalition for Government Procurement

SEPTEMBER 6, 2024

On August 5, 2024, the General Services Administration (GSA) took a step forward by publishing a final rule to “standardize and simplify the Multiple Award Schedule (MAS) clauses for economic price adjustments.” The GSAR, as currently written, limits when, how often, and by what percentages prices can be adjusted.

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Price Negotiation Transparency Utilities 49

The Coalition for Government Procurement

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%.

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Supply Chain Price Telecommunication Purchasing 45

Federal News Network

FEBRUARY 14, 2024

That is important because some judges tend to side with the government and others tend to side with industry so we may be able to discern where this latest set of protests are going.” The number of points needed to meet the threshold to win a spot on the contract went down. Those six are represented by the same one or two law firms.

Bidding 69

Bidding Thresholds Contract Manufacturing 69

Inter-American Development Bank

MAY 31, 2022

Amount B focuses on the remuneration of routine marketing and distribution activities carried out in the market jurisdiction by a related party of the MNE; the details of this important aspect are still being defined. New features of the proposal It is important to acknowledge that is a very innovative proposal.

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Thresholds Distribution Electronics Accountability 52

Public Contracting Institute

AUGUST 9, 2024

Important aspects include: Invoice submission requirements Payment schedules and terms Procedures for addressing payment discrepancies For in-depth knowledge on financial aspects of government contracting, including payment terms, consider our Financial Forum training.

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Government Government Supply Chain Government Contracts 52

Government Contracts & Investigations

FEBRUARY 29, 2024

Although the protester offered the lowest price, the agency found its proposal was technically unacceptable because it did not meet the new characteristics. This decision is consistent with other decisions we have analyzed in previous articles. (“GreenXT”) for $24,848,774 but found that GreenXT’s total evaluated price was $25,116,561.

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Bidding Evaluation Sustainability E-procurement 52

Government Contracts & Investigations

DECEMBER 6, 2023

As contracting activities are busy awarding new contracts, it is important to follow the trends related to successful and effective protests as you consider filing your own bid protest, or as you defend your award as an intervenor. 2] This procurement utilized a lowest priced technically acceptable source selection methodology.

Bidding 52

Bidding Sustainability Evaluation Thresholds 52

Kluwer Arbitration

JULY 2, 2024

In the underlying investment treaty arbitration, Clorox sought compensation for the alleged expropriation and unfair treatment of its investment by Venezuela, through the enactment of price controls and currency exchange restrictions, and the nationalization of its assets.

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Thresholds Price IT Corruption 52

Federal News Network

JANUARY 2, 2024

I think we recently saw an article that we crossed $100 billion a year market share threshold, which was somewhat unheard of just even a few years ago, but it’s all due to an unknown. So supply chain risk management and elimination becomes a very important discipline. We’ve made significant strides over the last year.

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Supply Chain Balance Supplier Data 105

Curbing Corruption in Government Contracting

JANUARY 21, 2020

For example, when we take a whole year of contracts after a transparency reform taking place in May, our estimation may be biased if a procurement regulatory reform happened 5 months later, such as a new reporting threshold introduced.

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Bidder Transparency Contract Public Procurement 40

Kluwer Arbitration

MARCH 20, 2024

on agent’s fees, transfer pricing, employment, etc.), decisions made by referees or umpires or juries), unless there are fraud or corruption allegations, but this is a high threshold to reach. In this respect, the panelists referred to the well-known saying “ the most important thing is not to win but to participate ”.

Corruption 52

Corruption Participation Import Thresholds 52

The Coalition for Government Procurement

OCTOBER 19, 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.

E-procurement 52

E-procurement Price Supply Chain Procurement 52

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%

Government Contracts 52

Government Contracts Government Government Contract 52

The Coalition for Government Procurement

FEBRUARY 8, 2024

Agencies are directed to focus attention on maximizing small business participation below the simplified acquisition threshold. Impacts on Federal Vendors Importantly, the bills would require vendors to federal agencies to adhere to the Framework.

E-procurement 52

E-procurement Price Negotiation Utilities Procurement 52

The Coalition for Government Procurement

JUNE 6, 2024

Through working with PPH over the past two years, members have learned how service dogs play an important role in veterans’ healthcare and quality of life. Legal Corner: Senate Bill Would Require Several Important Updates to the Way the US Federal Government Acquires Technology Authored by Evan C. Williams and Howard W.

Procurement 52

Procurement Data Strategic Planning Management 52

The Coalition for Government Procurement

FEBRUARY 1, 2024

Agencies are directed to focus attention on maximizing small business participation below the simplified acquisition threshold. Identification would take place when the contractor submits their price list. search on the designated icons and price to meet climate objectives.”

Procurement 52

Procurement Supplier Risk Management Utilities 52

Government Contracts Legal Forum

SEPTEMBER 29, 2023

Contractors should track and document any changes in workload to ensure that any increases in scope and associated cost or price adjustments are appropriately reflected in a contract modification. On fixed-price contracts, any recovery from the government will likely depend on whether the contractor is entitled to an equitable adjustment.

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Government Government Contract Insurance 40

GovCon & Trade

AUGUST 28, 2023

A flurry of new domestic-preference updates brings greater clarity to the requirements and imparts important lessons that government contractors should know when bidding for and performing on federal financial assistance programs. It is important to note the test does not incorporate costs related to the manufacture of the product.

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Manufacturing Transportation Transportation Supply Chain 130

Federal News Network

APRIL 30, 2024

Non-compete clauses have been an important tool for companies to protect intellectual property and ensure they get treated fairly when employees leave. So this takes away a very, very important attribute for companies to be able to bid and win contracts. Tom Temin Especially in markets where prices are falling. Tom Temin Right.

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Bidding Professional Services Sustainability Capacity 119

The Coalition for Government Procurement

SEPTEMBER 26, 2024

On November 20, tables include: GSA MAS PMO GSA Pricing Tools Ask the Med/Surg Supply BPAs Ask the SAM.gov PMO VA Federal Supply Schedule (FSS) To view the draft agenda for the governmentwide day, click here. October 28 : Webinar: 2024 (2025 FCPs) Public Law Pricing Update for Covered Drugs – Click here to register. The CMMC 2.0

E-procurement 52

E-procurement Procurement Price Buyers 52

Select GCR

DECEMBER 17, 2024

The FAR covers various aspects, including contract formation, administration, pricing, and subcontracting standards, ensuring a standardized approach to federal procurement. In addition to the FAR, federal contractors must comply with other important regulations like the Service Contract Act and the Davis-Bacon Act.

Government 52

Government Government Government Contracts Transparency 52

Procurement Notes

OCTOBER 10, 2022

Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”), September 13 Consumer Price Index (“CPI”) Summary states that “[o]ver the last 12 months, the all items index increased 8.3 1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7

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Government Government Price Contract 40

Select GCR

SEPTEMBER 3, 2024

Legitimate sole source situations require thorough justification, including market research and analysis, evidence of unique expertise or specialized needs that only one vendor can fulfill, and a demonstration that the price is fair and reasonable. This must be demonstrated along with ensuring the price is fair and reasonable.

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Procurement Supplier Price Competitive Bidding 52

SmallGovCon

NOVEMBER 21, 2024

So again, we will be covering this in a two-part blog–both to ensure we are always promptly and thoroughly providing important regulatory updates to our readers, and in the interest of blog brevity (which we certainly value here too). ” But for SBA’s regulation implementing the Rule of Two, the division is a bit nonsensical.

Contract 80

Contract Thresholds Price Quality 80

SmallGovCon

JANUARY 30, 2024

“Maximize orders to small businesses under the simplified acquisition threshold (SAT) to the maximum extent practicable.” To that end, OMB has recommended steps such as increasing small business order set-asides and maximizing small business set-asides across multiple types of contracts. Make BICs work for small business.

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Participation Thresholds Contract Government Contracts 111

The Coalition for Government Procurement

SEPTEMBER 5, 2024

Pricing details included in the prospectus. The proposed rules offer important insights into the CMMC program: Subcontractor Compliance. The only exceptions are for contracts solely for the purchase of Commercial Off-the-Shelf items or contracts under the $10,000 micro-purchase threshold. The CMMC 2.0

Procurement 52

Procurement Contract Networking Budget 52

The Coalition for Government Procurement

AUGUST 29, 2024

The proposed rules offer important insights into the CMMC program: Subcontractor Compliance. Further, confirming the broad applicability of CMMC, DOD confirmed that these requirements will be applicable to contracts below the Simplified Acquisition Threshold (which currently sits at $250,000). The CMMC 2.0

Procurement 52

Procurement Thresholds Contract Consulting 52

The Coalition for Government Procurement

AUGUST 15, 2024

This Legal Update summarizes the Court’s decision and highlights important takeaways for federal contractors that pursue OT opportunities. The first group of negotiated prices are for 10 Medicare Part D drugs that treat a variety of conditions including cardiovascular disease, diabetes, autoimmune diseases and cancer.

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E-procurement Supply Chain Procurement Price 52

Great Government Through Technology

SEPTEMBER 10, 2024

Catalogs are standardized at the BPA level to make it easier for customers to compare services and associated prices. We recognize how important your invaluable feedback is through your responses to our requests for information, draft performance work statement and the draft solicitation.

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Thresholds Supply Chain Data Accountability 52