Remove Negotiation Remove Price Negotiation Remove Supplier
article thumbnail

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.

article thumbnail

Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

For the vast majority of organisations, suppliers must play their part when it comes to agile business and speed to market. That requires extraordinary work internally and co-ordination with key suppliers. The related objective for that firm is that no less than 70% of those new products should come from supplier-generated ideas. .

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Friday Flash 02/09/2024

The Coalition for Government Procurement

Of note, the bills would require the NIST guidance to include standards by which a supplier would have to attest compliance in order to be eligible for a federal artificial intelligence contract award. Within six months, the Office of Management and Budget would have to require the implementation of the Framework by federal agencies.

article thumbnail

Friday Flash 10/25/2024

The Coalition for Government Procurement

Level 1 certification will require a self-assessment, attested to annually by the Affirming Official of the organization and submitted to DoD’s Supplier Performance Risk System (SPRS). The rule notes that contractors could face contractual penalties if DIBCAC finds them noncompliant. NW, Washington, D.C.

article thumbnail

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

Procurement Notes

John Tenaglia , who is the Principal Director of Defense Pricing and Contracting in the Office of the Undersecretary of Defense, Acquisition & Sustainment (“ OUSD(A&S) ”), provided guidance to DoD contracting offices about using EPA clauses to remedy inflation. 95] The clause fixes each adjustment to the PPI. [96]

article thumbnail

Friday Flash 02/16/2024

The Coalition for Government Procurement

GSA and DoD Announce Plans to Purchase Record-Setting Amount of Carbon-Free Power GSA announced last Friday, February 9, that it is collaborating with the Department of Defense (DoD) on a search for suppliers to provide Federal facilities with 100 percent carbon-pollution free electricity by 2030.

Price 52