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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

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. 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.

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Multiple Award Schedule (MAS) Pricing Paradoxes

The CGP

“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.

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Season 11: Episode 9: FAR Facts

Public Contracting Institute

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).

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GSA’s FAS streamlining federal procurement by updating GSA Advantage, improving UX, reducing PALT

Federal News Network

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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Register for Our MAS Basic Training and GSA and VA Schedule Contract Training for In-House Counsel Courses!

The Coalition for Government Procurement

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.

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Register for Our MAS Basic Training and GSA and VA Schedule Contract Training for In-House Counsel Courses!

The Coalition for Government Procurement

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.

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Understanding Contract Types Government Agencies Use

Select GCR

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.