ivalua

FEBRUARY 10, 2023

This in turn can lead to suppliers raising prices or refusing orders altogether due to not being able to meet demand at the agreed price point – all resulting in negative impacts for both parties involved. Unchecked inflation can not only damage profitability and hinder growth opportunities but also impact long-term success.

Price 105

Price Supply Chain Supplier Procurement Team 105

Federal News Network

MAY 17, 2024

Unfortunately, Schedule contractors now face a long, painful slog negotiating contract pricing at the contract level, instead of relying on competition at the task or delivery order level to provide fair and reasonable pricing.

Price 118

Price Negotiation Participation Category Management 118

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.

Price 74

Price Negotiation Government Government 74

Oxford College of Procurement and Supply

APRIL 15, 2024

Across all these aspects of procurement we will find ourselves having to negotiate. Negotiation can take place at the beginning of the procurement cycle where the need for a purchase is established through to the last stage where the need is being reviewed. Finally, what approach is best suited to the negotiation?

Negotiation 59

Negotiation Supplier Procurement Distribution 59

The Procurement School

NOVEMBER 18, 2022

Author: Larry Berglund Negotiation competencies are a must in procurement. Whether in the private or public sector, you are always negotiating. Characterized as one of a few players in a market which control pricing or supply such as foods, communications, airlines, or office supplies. Where can you find leverage?

Negotiation 52

Negotiation Buyers Price Procurement 52

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 95

Transparency Data Procurement Management 95

AWS Public Sector

SEPTEMBER 26, 2024

They might even haggle over prices if they’re buying a large amount of an item, but the organizer of the market never gets involved in this negotiation. A close second best part, though, is when some form of this question inevitably arises, “So AWS is reselling software now?” The answer is: no, AWS is not a software reseller.

IT 78

IT Buyers Contract Procurement Team 78

Open Contracting Partnership

DECEMBER 19, 2023

At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.

Public Procurement 140

Public Procurement Procurement E-procurement IT 140

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.

Price 52

Price Price Negotiation Negotiation IT 52

Whistleblower Network News

OCTOBER 17, 2024

Among the charges are allegations that Raytheon engaged in a bribery scheme to obtain contracts with the Qatari military and misrepresented its costs during contract negotiations with the U.S. Department of Defense (DOD). 428 million of the total $950 million DOJ settlement stems from the FCA violations.

Negotiation 107

Negotiation Price Corruption E-procurement 107

Federal News Network

MARCH 15, 2024

I think that this is a win for enhanced competition, especially for small businesses that may have had to previously finance software acquisitions and have to offer higher prices as a result,” he said. This move should increase competition and drive better pricing. It is not,” Koses wrote. It is not allowed under the Anti-Deficiency.

Price 110

Price Negotiation Finance Procurement 110

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.

Price 52

Price Price Negotiation Negotiation IT 52

Government Contracts Legal Forum

MAY 7, 2024

What is the Truthful Cost or Pricing Data Act, formerly known as the Truth in Negotiations Act? When are contractors and subcontractors required to provide certified cost or pricing data? And what does Nicole’s Cookie Monster coffee mug have to do with it?

IT 52

IT Negotiation Price Government Contracts 52

Government Contracts

DECEMBER 4, 2023

AstraZeneca has chided the federal government for seeking a quick win against the drugmaker's challenge to the Medicare drug price negotiation program in a recent brief, arguing that the Centers for Medicare and Medicaid Services mistakenly believes it has "absolute authority to unilaterally dictate prices."

Price 52

Price Price Negotiation Bidding Negotiation 52

Federal News Network

JANUARY 24, 2025

Embrace dynamic pricing models that leverage competition from the commercial market. There simply needs to be greater flexibility in pricing to meet customer demand across the federal market. Static pricing ultimately hinders competition and reduces value for customer agencies.

Efficiency 52

Efficiency Procurement Government Government 52

The Procurement ClassRoom

JUNE 25, 2019

Price analysis can be considered a stage of bid evaluation depending on the provisions of a legal and regulatory framework. It is an assessment of the evaluated price of a responsive bid to ascertain that it is not unreasonably high nor unreasonably low, but fair enough to the procuring entity and the supplier.

Evaluation 52

Evaluation Price Bidding Procurement 52

Great Government Through Technology

AUGUST 19, 2024

Today, I am excited to discuss the strides we are making under the BCI, particularly Priority 2, which focuses on negotiating common enterprise-wide software licenses. With the help of a Governmentwide Integrated Project Team, the ITVMO builds a list of best-in-class terms and target pricing to pursue via a variety of recommended solutions.

Procurement 52

Procurement IT 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 General Services Administration is driving what it hopes to be a final nail in the LPTA coffin.

Price 105

Price Supply Chain Risk Management Contract 105

Federal News Network

SEPTEMBER 19, 2024

We generally negotiated those pricing and terms and conditions with our contracting officers. The cool thing too, is that we used to run separately a pricing compliance report and we’re actually running this report before the vendors even submit their modification.” And so we relaxed that to one process.

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Procurement Purchasing Price Negotiation 111

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. Another vital designation is the HUBZone program, which limits competition for certain contracts to businesses in historically underutilized business zones.

Government 52

Government Government Government Contracts Procurement 52

Federal News Network

APRIL 19, 2024

These regulations and associated guidance address a host of contracting officer responsibilities, including but not limited to, proposal evaluation, negotiations, price and/or cost analysis, data rights, and foreign acquisition ( e.g. , TAA). For this reason, procurement policy flow-downs cannot be one-sided.

Procurement 82

Procurement Negotiation Price Transparency 82

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. Department of the Army.” Army’s Tank Automotive Command (TACOM).

Contract 119

Contract Automotive Price Negotiation 119

Federal News Network

JUNE 4, 2024

I think most government contractors have contracts that are negotiated and the prices are negotiated upfront, and then they have to adhere to those prices over the course of the entire five-to-10 year contract. That does tend to depress agencies’ fervor for pressing ahead with new spending late in a fiscal year.

Government 137

Government Government Supply Chain Manufacturing 137

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

Federal News Network

AUGUST 9, 2024

The performance results showed that contract level pricing was better under TDR than under Most Favored Customer (MFC) pricing. Small businesses generated stronger growth under TDR than small businesses under MFC pricing. GSA is to be commended for its efforts to date in adopting and implementing TDR.

Price 93

Price Transparency Supply Chain Data 93

The Coalition for Government Procurement

JANUARY 24, 2025

Embrace dynamic pricing models that leverage competition from the commercial market. There simply needs to be greater flexibility in pricing to meet customer demand across the federal market. Static pricing ultimately hinders competition and reduces value for customer agencies.

Efficiency 40

Efficiency Procurement Government Government 40

Federal News Network

NOVEMBER 3, 2023

Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” Pay a Fair and Reasonable Price ). Pay a Fair and Reasonable Price ).

Price 76

Price Evaluation Negotiation Purchasing 76

American City & Country

OCTOBER 8, 2024

Mitchell warns that “Agencies may have poor outcomes when a Lowest Price Technically Acceptable (LPTA) solicitation is awarded, and the public entity then goes completely hands-off and simply expects perfection with the final deliverable.” He urges governments to keep the communications lines open with vendors.

Import 110

Import Competitive Bidding Price Change Management 110

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

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

Federal News Network

OCTOBER 25, 2024

The General Services Acquisition Regulation (GSAR) and the Federal Acquisition Regulation (FAR) set forth the policies and procedures for the evaluation and negotiation of “fair and reasonable” contract level pricing under the Federal Supply Schedule (FSS) program. volume commitments, mandatory use, and limited pool of contracts).

Negotiation 59

Negotiation Price Government Government 59

AWS Public Sector

FEBRUARY 29, 2024

Myth #1: I have to use a competitively awarded contract and negotiate many of the contract terms to purchase software, so I cannot use a marketplace where all the terms are commercial In AWS Marketplace , commercial terms can be replaced with negotiated terms, including the existing agreements SLG customers use to procure software.

Government 81

Government Government Purchasing Negotiation 81

Kluwer Arbitration

MARCH 25, 2024

Since 2016, Mongolia has been working to establish a new model BIT to guide the negotiation of new BITs and the renegotiation of existing BITs. Mongolia was an UNCITRAL arbitration under the Russia-Mongolia BIT involving the imposition of a windfall profit tax on gold sales exceeding a certain price. However, the U.S.

Transparency 105

Transparency Negotiation Price Export 105

Federal News Network

FEBRUARY 15, 2024

It was very in-depth, and it had proposals to modernize the program, one of which is to add, a level of competition to the program to ensure that the contractors are performing with excellence and that there’s a chance to do a price competition potentially every five years for the contracts.

Procurement 100

Procurement Price Thresholds Contract 100

The Coalition for Government Procurement

SEPTEMBER 22, 2023

This week, in the spirit of “Fair and Reasonable Transparency,” the Coalition submitted to the Federal Acquisition Service (FAS) feedback on its “ FAS Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing.” Beyond the non-mandatory nature of the FSS program, all task and delivery orders are governed by the FAR 8.4

Price 40

Price Transparency Negotiation Electronics 40

Great Government Through Technology

JANUARY 14, 2025

With such a large pool of vendors, agencies are able to get multiple competitive bids to get the best price for required services. Cost savings: Pre-negotiated pricing and terms help speed up procurements, maximize value, and optimize spending. Currently GSA works with 91 EOS vendors to provide services to agencies.

Competitive Bidding 40

Competitive Bidding Data Integration Integrity 40