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Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts

Capital Edge Consulting

Employee Training This inquiry is intended to confirm that the employee has participated in timekeeping training. Have you participated in timekeeping training? Larger organizations, especially those with in-house DCAA auditors will likely experience a higher quantity of floor checks. Are all of your hours worked recorded?

Price 52
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Sen. Ernst hopeful about fixes to small business contracting

Federal News Network

chairman of Homeland Security and Governmental Affairs Committee, and Joni Ernst (R-Iowa), ranking member of the Small Business and Entrepreneurship Committee, are trying to correct a misunderstanding of congressional intent when it comes to how and when agencies should consider price when reviewing proposals for contracts.

Contract 119
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The end of the beginning phase for GSA’s OASIS+ is near

Federal News Network

I like to remind those that may not be participating this time around or found out about the opportunity late, that it’s not a one and done. That’s a pretty unique feature of this indefinite delivery, indefinite quantity (IDIQ) contract. I’m not really sure that message has really gotten out completely.

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Providing best value through the Multiple Award Schedule

Federal News Network

Back then, when the MAS was a mandatory source and was limited to products, like office supplies, many in government interpreted the “lowest cost alternative” to default to lowest price, as price was the most discriminating factor. 41 USC 152(3)). Forty years later, the MAS program is no longer a mandatory source.

Price 52
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A Bridge (Not) Too Far: Prohibition on Dividing up Contracts to get Under 8(a) Sole Source Dollar Limit Doesn’t Apply to Bridge Contracts

SmallGovCon

124.506 , if an 8(a) contract price would exceed a certain threshold ($7 million for manufacturing contracts, $4.5 It would sole source the first part to 8(a) participant Peregrine Advisors Benefit, Inc. Peregrine) and compete the second part, worth $43 million, for 8(a) participants to bid on. Under 13 C.F.R. B-422187 (Feb.

Contract 115
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Why most government contractors are feeling confident about 2025

Federal News Network

I think most government contractors have contracts that are negotiated and the prices are negotiated upfront, and then they have to adhere to those prices over the course of the entire five-to-10 year contract. So the government agencies that are looking at the vendor like, “yeah, we have that problem too.

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FAR Updates: Size Protests for Orders, Rules for 8(a) Follow-On Contracts

SmallGovCon

However, recurring indefinite delivery or indefinite quantity task or delivery order construction services are not considered new ( e.g., a recurring procurement requiring all construction work at base X). (C) This is a proposed rule and comments close December 4, 2023. 13 CFR § 124.504.

Contract 105