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Friday Flash 08/16/2024

The Coalition for Government Procurement

Healthcare Spotlight: HHS Announces Medicare Part D Negotiated Prices This week, the Department of Health and Human Services (HHS) released the final drug prices negotiated through its Medicare Drug Price Negotiation Program established under the Inflation Reduction Act of 2022 (IRA). 27, 2024. [3]

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Friday Flash 06/07/2024

The Coalition for Government Procurement

1 Simplified Acquisition Threshold: The bill would raise the simplified acquisition threshold (SAT) from $250,000 to $500,000. Unlike traditional competition requirements, these procedures are more streamlined and flexible. To register for this members-only meeting, click here. Virtual attendance will also be available.

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An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

EPA Clauses The FAR If a contractor has a contract with a Federal Acquisition Regulation (“FAR”) Economic Price Adjustment (“EPA”) clause—which was designed to protect the Government and the contractor from cost fluctuations—then at least a partial remedy should be available through that clause. [17] Not easy to do.

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Top Rules for Government Contractors: Essential Knowledge for Compliance

Select GCR

Manufacturing contracts above $15,000 fall under the Walsh-Healey Public Contracts Act, which enforces labor standards, including minimum wage and safety requirements. Certain modifications may necessitate preliminary price negotiations to protect the governments interests.