Remove Negotiation Remove Price Remove Sustainability
article thumbnail

Whistleblower Suit Against Lockheed Martin Leads to $29 Million Settlement

Whistleblower Network News

Department of Justice (DOJ) announced that Lockheed Martin Corporation agreed to pay $29 million to settle allegations that it violated the False Claims Act through defective pricing on contracts for F-35 military aircraft. The settlement resolves allegations brought forward by a whistleblower in a qui tam lawsuit.

article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

Price 105
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

Agency Could Not Accept Price Above Awardee’s FSS Price, GAO Says

SmallGovCon

If you feel like prices for just about everything are going up, you’re not alone. In federal government contracting, however, a contractor may not have the same leeway to raise its prices. Accordingly, issuing an order based on non-FSS pricing under an FSS acquisition would be improper. B-421917.2,

Price 81
article thumbnail

The FAS realignment: Opportunities for “dead easy?”

Federal News Network

In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. In the past, the regional structure gave rise to differing cultures, negotiation approaches, and interpretations of applicable regulations and solicitation provisions. Data context is critical to data driven decision making.

article thumbnail

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

Federal News Network

As more public policy objectives make their way into the world of acquisition — supply chain, cybersecurity, sustainability, domestic and socioeconomic sourcing requirements, to name a few — GSA is trying to bake those into acquisition vehicles up front so agencies have an easier time complying. And so we relaxed that to one process.

article thumbnail

GSA’s Earth Observation Solutions: Powering informed decision-making

Great Government Through Technology

Improving agricultural practices EOS help support sustainable agricultural practices and optimize resource management. With such a large pool of vendors, agencies are able to get multiple competitive bids to get the best price for required services. These strategies can reduce flood damage and the impact of future floods.

article thumbnail

How to Bid on Government Jobs: A Practical Guide

Select GCR

Government agency programs like the GSA Schedules provide long-term contracts, allowing businesses to sell commercial products and services at pre-negotiated prices, simplifying the purchasing process. Understanding the pricing structure outlined in the RFP can help in formulating a bid that aligns with government expectations.

Bidding 52