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They include the Price Point Plus Portal (4P) tool, the Standardized Pricing Evaluation Logic (SPEL) tool, and, more recently, the FAS Catalog Platform (FCP). MAS service contractors have access to GSA’s Contract Awarded Labor Category (CALC+) tool, a database of hourly rates that is used for price analysis.
They include the Price Point Plus Portal (4P) tool, the Standardized Pricing Evaluation Logic (SPEL) tool, and, more recently, the FAS Catalog Platform (FCP). MAS service contractors have access to GSA’s Contract Awarded Labor Category (CALC+) tool, a database of hourly rates that is used for price analysis.
Agencies are directed to focus attention on maximizing small business participation below the simplified acquisition threshold. Further, agencies are encouraged to include on-ramps and discouraged from including off-ramps for organic growth in their MACs. MAS Basic Training: The Nuts & Bolts, Feb.
1 Simplified Acquisition Threshold: The bill would raise the simplified acquisition threshold (SAT) from $250,000 to $500,000. Unlike traditional competition requirements, these procedures are more streamlined and flexible. To register for this members-only meeting, click here. Virtual attendance will also be available.
FLSA exemption issues can arise when unpaid furlough periods reduce the compensation level of exempt employees below the threshold required for them to maintain their exempt status under federal, state, or local law. During a government shutdown, many government contractors implement unpaid furloughs of employees.
One of the significant changes introduced by FASA was raising the simplified acquisition threshold from $25,000 to $100,000, and later to $250,000, making it easier for contractors to access federal contracts. Certain modifications may necessitate preliminary pricenegotiations to protect the governments interests.
Healthcare Spotlight: HHS Announces Medicare Part D NegotiatedPrices This week, the Department of Health and Human Services (HHS) released the final drug pricesnegotiated through its Medicare Drug PriceNegotiation Program established under the Inflation Reduction Act of 2022 (IRA).
EPA Clauses The FAR If a contractor has a contract with a Federal Acquisition Regulation (“FAR”) Economic Price Adjustment (“EPA”) clause—which was designed to protect the Government and the contractor from cost fluctuations—then at least a partial remedy should be available through that clause. [17] Not easy to do.
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