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GSA closes in on enterprisewide software deal with Microsoft

Federal News Network

But OFPP believes the time is ripe to reduce price variance, secure most favorable terms and conditions and improve the federal cyber posture. Currently, prices routinely vary up to 20% for the same software across agencies, OMB wrote in its fact sheet about BCI in 2023.

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How to Relieve Labor Shortage Challenges with Vendor Managed Inventory

American City & Country

Follow along below to see how Lawson Products , a leading distributor of fleet and facility maintenance solutions, can transform the way facilities and procurement departments procure and manage supplies through Vendor Managed Inventory (VMI) services and dedicated support. What is Lawson Vendor Managed Inventory?

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Key Steps Contractors Should Consider When Facing a Government Shutdown

Inside Government Contracts

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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Cost Accounting Standard (CAS) 411 – Accounting for Acquisition of Material Cost

Redstone Government Consulting

Material costs can either be charged direct to a contract or assigned to contracts through inventory accounts. Material that is charged direct should be identified on the purchase order and material assigned through an inventory account should be consistently applied by category of material.

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Ultra Maritime Secures Navy Contract for Sonobuoy Production

ExecutiveBiz

The firm-fixed-price contract will support the Navy’s annual training, peacetime operations, testing expenditures and inventory maintenance for major combat operations, ultra Maritime said Monday. Ultra’s maritime business has been awarded a U.S. Ed Cook, vice president and general manager at Ultra Maritime U.S., […]

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Software license purchases need better agency tracking, GAO says

FedScoop

The recommendations centered most on better and more consistent inventory tracking to ensure that agencies didn’t double-dip on software license purchases and were in a better position to take advantage of cost-saving opportunities. There should be more concerted efforts to compare prices, the GAO stated.

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Government Contracts Cost and Pricing: Introduction to the Federal Acquisition Regulation Cost Principles (Part 1)

Government Contracts & Investigations

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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