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Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. GSA’s current use of algorithms and pricing data is instructive in this regard.
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. This intensive, one-day workshop teaches the basics of the GSA’s MAS Program.
During the training, Jason, Liam, and Alex will cover the following topics and more: Pricing – Transactional Data Reporting (TDR)/Commercial Sales Practices (CSP); Domestic Preferences; Supply Chain; Enforcement/Mandatory Disclosure/Ethics; Sustainability Requirements/Policy; and Bid Protests Update.
This year’s tables include: November 20: GSA MAS PMO GSA Pricing Tools Medical/Surgical Supply BPAs SAM.gov PMO VA Federal Supply Schedule (FSS) November 21: VA FSS Community Care Network (CCN) View the agendas for more details. Pricing details included in the prospectus.
Assemble your team of friends and colleagues and save the date to compete for prizes, network with colleague, and contribute to some worthy causes. The plan outlines how DHS will use research and development to “keep pace with technology by leveraging research and development to address homeland security challenges.”
Contractors should track and document any changes in workload to ensure that any increases in scope and associated cost or price adjustments are appropriately reflected in a contract modification. On fixed-price contracts, any recovery from the government will likely depend on whether the contractor is entitled to an equitable adjustment.
The FAR covers various aspects, including contract formation, administration, pricing, and subcontracting standards, ensuring a standardized approach to federal procurement. Certain modifications may necessitate preliminary pricenegotiations to protect the governments interests.
Network with peers from government and industry. DoD Exploring Portfolio-Based Acquisition Federal News Network reports that lawmakers are urging DoD to explore a portfolio-based acquisition approach that would allow the Department to invest in modern technologies more rapidly. The new prices will be effective Jan 1, 2026.
DoD Looks to Increase Small Business Opportunities Through National Defense Industrial Strategy According to Federal News Network , the Department of Defense (DoD) National Defense Industrial Strategy provides an opportunity for it to be “more approachable for small businesses.” We look forward to your participation!
NITAAC Looks to Extend CIO-SP3 by Additional Six Months Federal News Network reports that the National Institutes of Health IT Acquisition and Assessment Center (NITAAC) is seeking to extend the current expiration date of its CIO-SP3 contract vehicle by six months. CIO-SP3 is currently set to expire on April 29, 2024. VA appropriated 84.5
The Price Reduction Clause (PRC), which applies to Federal Supply Schedule (FSS) contracting, is not based on statute, and is a price control mechanism. It increases prices for government and commercial customers. Finally, some clauses or provisions just reflect bad economic and procurement policy.
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