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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.
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. .
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.
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.
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]
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.
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