This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits.
“Fair and Reasonable” MAS contract level pricing is impacted by a host of factors. Contracting officers must assess, analyze, and apply these factors when reviewing an offeror’s proposal and negotiating fair and reasonable pricing. Previous FAR & Beyond blogs regarding this topic can be found here and here.
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.
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. Tom Temin Right. Kevin Plexico It’s not like the government is getting extra money for inflation as well.
In our next session, we will cover FAR Part 15 (Contracting by Negotiation) As we prepare for our 9th episode of Season 11, here are a few FAR Facts for us to think about: A contract awarded using other than sealed bidding procedures is a “negotiated ” FAR 15.000. FAR 15.102(d)-(e). FAR 506(a)(1). FAR 15.506(d).
Key Takeaways Bidding on government contracts presents significant growth opportunities for businesses, especially small enterprises, with substantial revenue and credibility benefits. Understanding the pricing structure outlined in the RFP can help in formulating a bid that aligns with government expectations.
While these rules were present in some form in SBA rules, they are now firmly ensconced in the Federal Acquisition Regulation as well. Conclusion While these rules were already present in SBA regulations, it is good to see them in the FAR. Below, I discuss the highlights of these rules as well as any differences from the SBA rules.
Our presenters for the day will be Jason Workmaster , Member, Miller & Chevalier Chartered; Liam O’Reilly , Counsel, Crowell & Moring LLP; and Alex Barbee-Garrett , Counsel, Crowell & Moring LLP. NW, Washington, D.C. 20006), with virtual attendance available as well.
And even in governments, there is a growing cadre of public servants who see opportunities being presented by digital technology and are looking to drive dramatic change. It requires appropriate inter-personal and behavioural skills, as well as traditional skills such as commercial understanding and negotiation.
Topics covered during the training will include: The GSA Schedules Program: An Entry Point to Government Contracting Obtaining Your GSA Schedule or Schedule Modification, along with Option Extensions Navigating the PriceNegotiation Process Better Understanding of Management and Compliance of the Price Reduction Clause Schedule e-Tools: Tips on Competing (..)
Our presenters for the day will be Jason Workmaster , Member, Miller & Chevalier Chartered; Liam O’Reilly , Counsel, Crowell & Moring LLP; and Alex Barbee-Garrett , Counsel, Crowell & Moring LLP. NW, Washington, D.C. 20006), with virtual attendance available as well.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. In fact, the Government frequently concedes when presented with these and other rational challenges to DCAA’s methodology for evaluating reasonableness. DCAA, DCAM ¶ 6-413.1.c.
23, 2022) provides new authority for some defense contractors and subcontractors to obtain price increases that address the impacts of inflation. The new authority is welcome relief for contractors and subcontractors holding fixed-price defense contracts, which typically do not allow a price increase due solely to inflation.
Customers may select the best offer from submitted tenders based on quality, price, and terms thanks to its transparency, equity, and efficiency of the tender process. The bid must be organised, comprehensive, and clearly present the approach, timelines, and budget. It’s all about Value, Not Just Price.
The present post focuses on the latest European development on the modernization of the Energy Charter Treaty (“ECT”). The carve-out was not among the closed list of topics for negotiation approved by the Energy Charter Conference in 2019. What Is Next?
The price of carpet @ $10.00 per m² has a strong influence on any other price we see-higher or lower. To avoid this bias, have all team members submit their opinions as to which options could be considered, unfiltered, and then debate the options presented. When other colleagues adopt similar methods, it suggests we do the same.
2024 EIP Awards Categories : Lifetime Acquisition Excellence Award – Presented to an individual in the contracting community (government or industry) for demonstrating a life-long commitment to advancing “common sense in government procurement.” Pricing details included in the prospectus.
Webinar: VA Covered Drugs Price Updates, October 25 On October 25, Hogan Lovells’ Partners Allison Pugsley and Joy Sturm will be joined by Ted Karnezis of Ted Karnezis Consulting for a webinar on VA Covered Drug Price Updates. Register for the webinar here. In addition, sponsorship packages are still available for your organization.
Sprint’s strategic sourcing transformation, presents a great example, in multiple ways. They configured their eSourcing technology to run high volume forward auctions to optimize the price received on used handsets. Only effective collaboration will reveal the possibilities. Be the one that reaches out and makes it happen.
For example, the present menace of record inflation sent many contractors searching through their contracts to find clauses addressing material price escalation. For those with firm-fixed-price (FFP) contracts, they likely did not find coverage under the FAR’s Economic Price Adjustment (EPA) clause (FAR 52.216).
Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently. These agreements define terms, conditions and price for goods and services and allow authorities to procure without having to re-run lengthy tender processes.
All in all, the panelists agreed that the increasing use of mediation and negotiation imply a change of mindset within Brazil, although there is still much room for growth. As exposed by Mr. Adell, starting at the negotiation stage, there are several situations that could lead to a dispute, such as breach of confidentiality or exclusivity.
Rather than relying on store managers to navigate local purchases, Procurement can add value by organizing the effort, evaluating and sourcing local suppliers, negotiating best pricing and delivery options, and automating the process by using technology to simplify inventory management at the local level. Attack GNFR Spend.
Our presenters for the day will be Jason Workmaster , Member, Miller & Chevalier Chartered; Liam O’Reilly , Counsel, Crowell & Moring LLP; and Alex Barbee-Garrett , Counsel, Crowell & Moring LLP. Pricing details included in the prospectus. For more information, please contact Heather Tarpley at htarpley@thecgp.org.
The goal being to manage risk by easily identifying obligations within contracts and ensuring that appropriate risk mitigating language is present within legal documents. Similar clauses appear close in the visualization, for example, those with pricing/licencing information would be grouped.
During the presentation, Schwartz will provide an update on recent healthcare legislation in the fiscal year (FY) 2024 National Defense Authorization Act (NDAA). Webinar – Healthcare Focus: Briefing on FY24 NDAA, Feb. To register, click here. Webinar – The Latest Alliant 3 Draft RFP: A Review of the Good, the Bad, and the Ugly, Feb.
The goal being to manage risk by easily identifying obligations within contracts and ensuring that appropriate risk mitigating language is present within legal documents. Similar clauses appear close in the visualization, for example, those with pricing/licencing information would be grouped.
You can get more business value by taking that workload away from those professionals so they can focus on higher-level tasks, such as contract negotiation or risk assessments.” . Other examples include excessive price variances, duplicate invoices or superfluous approvals. 2) Shift from drilling down to alerting up.
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 total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. Companies that maintained zero-sum, hard negotiation relationships with suppliers cannot suddenly reset those in a more collaborative mold.
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%
To thrive in federal contracting, having an active registration on SAM is non-negotiable. Scheduling meetings with agencies through SAM.gov allows businesses to discuss specific requirements and present tailored solutions before the release of contract solicitations. What is the role of GSA Schedules in federal contracting?
Ethical labour standards are non-negotiable, ensuring workers’ rights and well-being are protected throughout the supply chain. Evaluation criteria A weighted scoring system, particularly in relation to social value, guarantees that fairness is present alongside a clear prioritisation of desired outcomes in procurement processes.
Cross-Pollination in Practice through Advocacy An analysis of cross-pollination between ISDS and ICJ practice was presented by Ms. Presentations in oral arguments: The ICJ historically has required formal oral hearings involving the translation of arguments in French and English and facilitation of the speech to the Court in advance.
The agreed price was USD 337,500 per month, at a rate of USD 2,500 per ton, resulting in a total of USD 4,050,000, payable in 12 months. On February 6, 2020, the Buyer paid the Seller – as an advance payment and against the fixed price – the total amount of USD 101,250.
A discussion between economist Gustavo Franco (former President of the Brazilian Central Bank) and arbitrator Maurício Almeida Prado (MAP Negotiation and Arbitration, Partner) ensued, dealing with “Business Contracts and Dispute Resolution in Times of Instability,” particularly in the Brazilian context. Gazprom (2022).
Construction bids are typically awarded based upon total price, RFPs are often evaluated by a team, and transportation bids are calculated based upon routes and volumes. The top features to consider are contract authoring, online negotiation tools, digital signatures, spend tracking, and more.
Coalition members stand ready to facilitate and contribute to such a roundtable discussion to improve the program. Introducing the FY23 Federal Market Report As part of The Coalition for Government Procurement’s continuing effort to provide value to our members, we would like to present our Fiscal Year 2023 Federal Market Report.
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
2024 EIP Awards categories: Lifetime Acquisition Excellence Award – Presented to an individual in the contracting community (government or industry) for demonstrating a life-long commitment to advancing “common sense in government procurement.” The new prices will be effective Jan 1, 2026.
If you’re exploring contract types that any government agency uses, understanding the distinctions between fixed-price, cost-reimbursement, and other specialized contracts is paramount. The two main categories of government contracts are fixed-price contracts and cost-reimbursement contracts.
Acquisition of AI presents some novel challenges, even though in some respects, much of the acquisition is similar to purchases of software without AI,” Miller said. We want to ensure we’re always, always getting the best price for U.S. taxpayers on the products and services that we are acquiring.”
To wrap up the mainstage sessions, Moshe Schwartz , President of Etherton and Associates (confirmed) will provide a presentation on the federal healthcare market. During the presentation, Schwartz will explore upcoming trends and shifts in federal healthcare procurement, identifying key policies and emerging opportunities for 2025.
Announcing the Coalition’s Cyber Side Chat, September 12 The Coalition for Government Procurement is proud to present its first-ever Cybersecurity Symposium: The Cyber Side Chat on September 12! The Cyber Side Chat will feature three distinct panels of subject matter experts from government and industry.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content