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“Fair and Reasonable” MAS contract level pricing is impacted by a host of factors. Contracting officers must assess, analyze, and apply these factors when reviewing an offeror’s proposal and negotiating fair and reasonable pricing. Previous FAR & Beyond blogs regarding this topic can be found here and here.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]
The protestor’s proposed price was $30,478,050, and its total evaluated price was $30,566,297. The intervenor’s proposed price was $24,848,774, and its total evaluated price was $25,116,561. In response, the Navy insisted that the intervenor’s proposed price of $24.8 However, those circumstances were not present.
On September 11, 2018, The National Institute of Governmental Purchasing (NIGP) invited Negometrix CEO, Jan Siderius, to present an hour long webinar regarding Best Value Procurement. Scoring, especially price scoring 7. Worried to defend non-price criteria 3. Will result in higher priced bids 4. Why Best Value?
Suzan Putman Vice President of Pricing, CGI Federal As industry strives to fully embrace AI in the public sector, it presents challenges for the pricing community, such as determining the pricing model for Generative AI and other related issues, according to Suzan Putman. Agencies aim to [.]
Perhaps you can see by the roles and actions above that interactive market research trains the government team’s muscles and prepares them for similar activities in oral presentations. These sessions provide industry with an opportunity to help the government with relevant feedback and real time to rehearse oral presentations.
Additionally, eight agencies shared challenges regarding Login.gov’s pricing, including the inability to get a multi-year pricing plan or insight into the service’s annual renewal process, as well as the potential for prices to rise between years.
ECo Talks , which are presented by Georgetown’s Earth Commons, “bring together experts, thought leaders, and innovators to explore the most pressing challenges facing our environment and to showcase transformative initiatives and research shaping our world.
We generally negotiated those pricing and terms and conditions with our contracting officers. The cool thing too, is that we used to run separately a pricing compliance report and we’re actually running this report before the vendors even submit their modification.” And so we relaxed that to one process.
And then assuming you passed, they would assess you based on technical approach and capability, and price. Price was a typical submitted a proposal submission, but for technical approach and capability. They wanted to do this only through oral presentations and that’s it. Two separate buckets. Tom Temin Right.
Organised by UUCePP and IOS platform The Transactional State, Bastian Krieger (ZEW Mannheim) presents his research on price-based procurement and innovation.
Organised by UUCePP and IOS platform The Transactional State, Bastian Krieger (ZEW Mannheim) presents his research on price-based procurement and innovation.
Key Takeaways Bidding on government contracts presents significant growth opportunities for businesses, especially small enterprises, with substantial revenue and credibility benefits. Understanding the pricing structure outlined in the RFP can help in formulating a bid that aligns with government expectations.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the third article in a multi-part series on the Federal Acquisition Regulation (“FAR”) Cost Principles applicable to contracts with commercial organizations.
As noted above, at the present time, only the VA can set aside prime contracts for VOSBs. All that would be required for such sole source awards is that the contracting officer determines the VOSB is a responsible source and that the award can be made at a fair reasonable price that offers best value to the United States.
Contracting officers are required to take detailed notes during oral presentations to document what the Government relied upon for purposes of source selection. FAR 15.102(d)-(e). The Government is not required to hold in-person FAR 15.505(c). FAR 15.506(d).
million if median internal reference prices were used, to as much as PHP 214 million if the Department of Public Works and Highways construction materials price data were used. Access to data: most documents they needed were available online, but you had to know the contract number, says the team.
However, the maintenance shed is not subject to any specific award criteria, although it can be argued it is part of the price criterion. But bearing in mind the lack of specific criteria to assess the shed and that this is not lowest price only tender, the shed itself appears more to be a condition for performance than anything else.
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.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. In fact, the Government frequently concedes when presented with these and other rational challenges to DCAA’s methodology for evaluating reasonableness. DCAA, DCAM ¶ 6-413.1.c.
While these rules were present in some form in SBA rules, they are now firmly ensconced in the Federal Acquisition Regulation as well. Conclusion While these rules were already present in SBA regulations, it is good to see them in the FAR. Below, I discuss the highlights of these rules as well as any differences from the SBA rules.
Meanwhile, Germany used buyers lists with specified maximum prices as another effective tool. The UK bought too much, too fast We’re currently gathering and analysing all the data comparing the UK to its major European peers to present to the Covid-19 Public Inquiry. These were all strategies available to the UK.
By ensuring that the right goods and services are purchased at the right price and delivered on time, procurement can help to ensure that a company or organization achieves its goals. When businesses start sourcing local goods and services, they are presented with new opportunities to network and form strong bonds with local business owners.
If you missed out on this week’s training, we are returning both courses to our regular rotation of annual events and we would love to see you next time. In the meantime, we look forward to seeing you at our upcoming 2024 Spring Training Conference – What is Fair and Reasonable, Part 2: Let’s Continue the Dialogue!
Department of Health and Human Services (HHS) Office of Small and Disadvantaged Business Utilization (OSDBU) in Atlanta, GA, I had the pleasure of co-presenting on this very topic with Wayne Berry, a Senior Procurement Analyst at the HHS OSDBU.
Dubbed Co-Pilot, it gathers data from various governmentwide procurement systems, and presents buyers with pricing histories, vendor information and other data to help their decisions. Say I’m a CO, I want to know what’s the best pricing or what are the pricing trends for product XYZ? Tom Temin Wow.
Potential Changes to FSS EPA Clauses As you know, one of the Coalition’s priorities in 2022 and 2023 was to increase flexibility in the application of Economic Price Adjustments (EPAs) in the Federal Supply Schedule (FSS) program during a time of historic inflation. 22 The Coalition is excited to announce our first webinar for 2024!
Right now, proposed legislative language announced by GSA presents an historic opportunity to bring the MAS program into the 21 st century. According to GSA, its MAS pricing procedures are its most burdensome information collection activity, resulting in estimated costs of $130 million imposed on MAS contractors annually.
No, you wake up thinking about how you’re going to get three kids to three different events on time, if your boss liked your presentation, or what you’re going to make for dinner. You probably don’t wake up thinking about cyber security, or whether you may fall for a phishing attack.
Whilst the facts of the case as presented are a little unusual, the Supreme Court’s conclusion provides guidance as to how damages are to be assessed generally in cases of default under standard Gafta contracts. In this case, Mundra, India, was the discharge port, such that the price included transportation to and unloading at Mundra.
As a result of its widespread appeal, we have expanded this feature of the conference to include additional program offices, with a total of six tables present at the conference. Thank you to our current sponsors of the Fall Training Conference:
Whether by design or inadvertence, that low bid doesn’t reflect the real price of the work, and soon, the change orders start rolling in. To safeguard against this, government leaders need a ready means to validate the accuracy of the costs as presented in each bid. Project costs escalate rapidly.
Our presenters for the day will be Jason Workmaster , Member, Miller & Chevalier Chartered; Liam O’Reilly , Counsel, Crowell & Moring LLP; and Alex Barbee-Garrett , Counsel, Crowell & Moring LLP. NW, Washington, D.C. 20006), with virtual attendance available as well.
One of the funniest lines of argument presented by Transtejo in this regard was claiming lithium had increased 500% and copper 150% so the contract amendment was justified as the final price of the batteries ended up being even slightly lower than the forecast at the time of the original contract, and as such it was not a substantial change.
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. Requests for transparent pricing across the AI lifecycle.
Congratulations to the following 2023 EIP Awardees: Lifetime Acquisition Excellence Presented to individuals in the contracting community (government or industry) for demonstrating a life-long commitment to advancing “common sense in government procurement.” KARL STORZ Endoscopy-America, Inc.
30, 2026, according to a 2020 memo from Kim Herring, the then-acting principal director of the Office of Defense Contract and Pricing. It’s typically called out in the request for proposals that there will be a past performance, a technical assessment and evaluation of price and volume.
These collaborative supplier partnerships present manufacturers with a number of opportunities to achieve greater product success. Once product volumes have ramped to maturity, there is often competitive pricing pressure that will erode revenues and profitability. Maturity and Decline: Drive Ongoing Innovation and Maximize Margins.
For small businesses, exactly the type of company that DoD is looking to attract in its latest industrial base strategy, these costs may prove to be prohibitive as the price to pay to merely bid on a contract.
Right now, proposed legislative language announced by GSA presents an historic opportunity to bring the MAS program into the 21 st century. According to GSA, its MAS pricing procedures are its most burdensome information collection activity, resulting in estimated costs of $130 million imposed on MAS contractors annually.
These investments not only mitigate vulnerabilities but also present a unique opportunity for countries to enhance economic resilience and bolster investor confidence in their capacity to navigate the challenges of a warming planet.
Why using old procurement methods is a problem Cloud computing presents a difficult choice for organizations: adopt and shift operating models to take advantage of its benefits or maintain the status quo and miss out. Organizations traditionally emphasize pricing to control costs when selecting vendors. We have a limited budget.
The contract was fixed price with economic price adjustment and other price adjustments made in accordance with USPS Instructions, including extra trips. This explanation was critical [because of the price adjustment clauses in these contracts]. United States Postal Service (“USPS”), PSBCA No. 6856, March 21, 2023.
To contribute to this progress, the Bank has just published the study Fiscal Policy for Resilience and Decarbonization: Contributions to Policy Dialogue (in Spanish), which presents a series of potentially useful policy options for decision makers. The following is a summary of the main opportunities found in this new publication.
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