ExecutiveBiz

FEBRUARY 5, 2024

In addition to the initial purchase price, the deal has a potential earn-out of up to $250 million, payable in 2027 and subject to J&J meeting certain performance thresholds, the Austin, Texas-based mission support services provider said Monday.

Thresholds 105

Thresholds Purchasing Price Finance 105

FedScoop

OCTOBER 21, 2024

Though the bills are largely similar, the House legislation includes a provision that the Alliance for Digital Innovation “strongly supports” that is not in the Senate version: a proposal to increase the micro-purchase threshold (MPT) made available to agencies “to rapidly acquire low-cost technical solutions.”

Procurement 114

Procurement Thresholds Innovation Efficiency 114

SmallGovCon

APRIL 15, 2024

The Rule of Two is the federal contracting rule requiring agencies to set aside a solicitation for competition only between small businesses when there are at least two small businesses that could do the work for a fair price. But that rule does have some exceptions. Read on to find out.

Thresholds 110

Thresholds Price Bidding Purchasing 110

Federal News Network

JULY 12, 2024

The BAA, however, is a price evaluation preference, which means if the price of a Chinese product is low enough, the federal government will buy that product. For large business offerors, the price preference added to non-domestic offers is 20%, and for small business offerors, it is 30%.

Supply Chain 103

Supply Chain Price Telecommunication Purchasing 103

SmallGovCon

JUNE 19, 2024

The Buy American Act “[r]estricts the purchase of supplies, that are not domestic end products, for use within the United States” unless an exception applies. If the contractor with the lowest priced domestic end product is a small business, the penalty is 30%. However, this law does not actually prohibit the acquisition of non-U.S.

Price 105

Price Government Contracts Manufacturing Purchasing 105

Select GCR

DECEMBER 10, 2024

Key Takeaways Understand the unique decision-making dynamics and purchasing policies of government buyers to tailor your offerings and build strong relationships. Government buyers operate under strict purchasing policies designed to ensure accountability and compliance in their procurement processes.

Government 52

Government Government Buyers Government Contracts 52

Public Contracting Institute

OCTOBER 3, 2024

The Small Business Jobs Act of 2010 (SBJA), Federal Acquisition Regulation (FAR) 8.405-5, and the setting aside of General Services Administration (GSA) Blanket Purchase Agreement (BPA) Schedule Orders ? Schedule contracts provide for an extensive volume of competitive cost/price offerings. agency-specific vehicles—IDVs, GWACs, etc.

Purchasing 52

Purchasing Thresholds Price Accountability 52

Public Contracting Institute

OCTOBER 3, 2024

The Small Business Jobs Act of 2010 (SBJA), Federal Acquisition Regulation (FAR) 8.405-5, and the setting aside of General Services Administration (GSA) Blanket Purchase Agreement (BPA) Schedule Orders? Schedule contracts provide for an extensive volume of competitive cost/price offerings. agency-specific vehicles—IDVs, GWACs, etc.

Purchasing 52

Purchasing Thresholds Price Accountability 52

Redstone Government Consulting

JANUARY 15, 2025

We have had several clients tell us they have purchase orders under the Truthful Cost or Pricing Data (TINA) threshold for what they believe to be commercial purchases.

Purchasing 52

Purchasing Thresholds Price Data 52

Redstone Government Consulting

JANUARY 13, 2025

The common belief is that only when the award of a subcontract exceeds the cost or pricing data threshold. To comply with this requirement, as many as possible of your purchase orders issued under your U.S. When is a commercial determination required in the Federal Acquisition Regulations (FAR)?

Thresholds 52

Thresholds Price Purchasing Government Contracts 52

Fox Rothschild: Government Contracts

DECEMBER 6, 2022

For instance, contractors face a difficult road to recover costs in a firm-fixed-price contracts. As an example, the Department of Defense issued a guidance on Inflation and Economic Price Adjustments, providing some relief for certain contractors performing on firm-fixed-price contracts.

Thresholds 52

Thresholds Supply Chain Price Retail 52

LexBlog: Contracts & Procurement

DECEMBER 6, 2022

For instance, contractors face a difficult road to recover costs in a firm-fixed-price contracts. As an example, the Department of Defense issued a guidance on Inflation and Economic Price Adjustments, providing some relief for certain contractors performing on firm-fixed-price contracts.

Thresholds 52

Thresholds Supply Chain Price Retail 52

ivalua

MAY 9, 2023

The result– the market has turned into almost a monopoly where there is one dominant provider and the threshold for other vendors is so high that entry is incredibly difficult. In light of existing rules, vendors can deter competition by driving prices down in competitive tenders.

Public Procurement 98

Public Procurement Tender Supplier Procurement 98

Select GCR

MAY 7, 2024

Securing a contract involves preparing a competitive proposal that meets the solicitation document’s requirements, developing effective pricing strategies that balance competitiveness with profitability, and potentially navigating subcontracting and partnerships.

Government Contracts 98

Government Contracts Government Government Contract 98

Kluwer Arbitration

JULY 17, 2024

The underlying dispute concerned unpaid invoices under a Gas Supply Agreement (‘ GSA ’) entered into by the Parties in 2016 for the purchase of Regasified Liquefied Natural Gas (‘ RLNG ’) from Sui Northern Gas Pipelines (‘ SNGPL ’). The LCIA arbitral award (the ‘ Award ’) which was challenged involved a withdrawal of PKR 3.3 8.5m) and PKR 9.23

Thresholds 98

Thresholds Import Contract IT 98

The Coalition for Government Procurement

JULY 26, 2024

These differences are highlighted by the differing treatment of Chinese products and whether they are eligible for purchase in response to a government requirement. The BAA provides a price evaluation preference, favoring domestic producers over foreign offers in a covered procurement.

Supply Chain 45

Supply Chain Manufacturing Thresholds Price 45

The Coalition for Government Procurement

JULY 12, 2024

The BAA, however, is a price evaluation preference, which means if the price of a Chinese product is low enough, the federal government will buy that product. For large business offerors the price preference added to non-domestic offers is 20%, and for small business offerors it is 30%.

Supply Chain 45

Supply Chain Price Telecommunication Purchasing 45

Tracker Intelligence

SEPTEMBER 6, 2022

Approximately 250,000 public authorities in the European Union spend 2 trillion pounds or 14 percent of the Gross National Product purchasing works, services, and supplies. When the government purchases goods and services from private businesses, the process is known as public procurement.

Public Procurement 52

Public Procurement Procurement Tender Supplier 52

Federal News Network

AUGUST 20, 2024

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.

Procurement 119

Procurement Electronics Contract Evaluation 119

Government Contracts & Investigations

FEBRUARY 29, 2024

Although the protester offered the lowest price, the agency found its proposal was technically unacceptable because it did not meet the new characteristics. 4] In this case, five unsuccessful vendors, including Skyward, filed protests challenging the Center for Medicare and Medicaid Services’ award of multiple blanket purchase agreements.

Bidding 52

Bidding Evaluation Sustainability E-procurement 52

The Coalition for Government Procurement

OCTOBER 19, 2023

PAP 2021-05, Evaluation of FSS Program Pricing, is one such example. Given the significant pricing policy changes outlined in the PAP, it should have been subject to public review and comment. The questions all go to the integrity of the data being used to assess fair and reasonable pricing.

E-procurement 52

E-procurement Price Supply Chain Procurement 52

The Coalition for Government Procurement

FEBRUARY 8, 2024

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. Cloud Working Group Meeting on GSA’s ASCEND BPA, Feb.

E-procurement 52

E-procurement Price Negotiation Utilities Procurement 52

Government Contracts Legal Forum

AUGUST 29, 2024

setting employee compensation, hiring and firing of employees, setting a budget, borrowing money, purchasing equipment, paying dividends, etc.) JV Purchase – Right of First Refusal to the Protégé. would not give rise to control and, therefore, affiliation, while the ability to block an ordinary action (e.g.,

E-procurement 52

E-procurement Participation Purchasing Contract 52

Procurement Notes

MARCH 5, 2024

Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%

Government Contracts 52

Government Contracts Government Government Contract 52

The Coalition for Government Procurement

FEBRUARY 1, 2024

Agencies are directed to focus attention on maximizing small business participation below the simplified acquisition threshold. Identification would take place when the contractor submits their price list. search on the designated icons and price to meet climate objectives.” Cloud Working Group Meeting on GSA’s ASCEND BPA, Feb.

Procurement 52

Procurement Supplier Risk Management Utilities 52

The Coalition for Government Procurement

JUNE 6, 2024

Last month, the Federal Acquisition Service (FAS) issued a draft Request for Quotes (RFQ) for the proposed governmentwide ASCEND Blanket Purchase Agreement (BPA) for cloud services. 1 Simplified Acquisition Threshold: The bill would raise the simplified acquisition threshold (SAT) from $250,000 to $500,000.

Procurement 52

Procurement Data Strategic Planning Management 52

The Coalition for Government Procurement

JANUARY 18, 2024

On January 26, 2023, the procuring agency issued a Request for Quote (RFQ) to award a Blanket Purchase Agreement (BPA) under the FSS. The interim rule applies to all contracts, including those for commercial products and services and below the Simplified Acquisition Threshold. GSA would update its ordering systems, like GSA Advantage!,

Procurement 52

Procurement Contract Supply Chain Price 52

Inside Government Contracts

MARCH 1, 2024

The EO was intended to strengthen the requirements of the Buy American Act (“BAA”) by, among other things, directing the FAR Council to issue new rules increasing the domestic content threshold for determining whether a product qualifies as a domestic end product. Beginning in calendar year 2029, the threshold will be 75 percent.

Thresholds 147

Thresholds Procurement Price Quantity 147

GovCon & Trade

AUGUST 28, 2023

For those components purchased by the manufacturer, “the acquisition cost, including transportation costs to the place of incorporation into the manufactured product (whether or not such costs are paid to a domestic firm), and any applicable duty (whether or not a duty-free entry certificate is issued)” is incorporated.

Manufacturing 130

Manufacturing Transportation Transportation Supply Chain 130

The Coalition for Government Procurement

SEPTEMBER 26, 2024

On November 20, tables include: GSA MAS PMO GSA Pricing Tools Ask the Med/Surg Supply BPAs Ask the SAM.gov PMO VA Federal Supply Schedule (FSS) To view the draft agenda for the governmentwide day, click here. October 28 : Webinar: 2024 (2025 FCPs) Public Law Pricing Update for Covered Drugs – Click here to register.

E-procurement 52

E-procurement Procurement Price Buyers 52

Select GCR

DECEMBER 17, 2024

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 price negotiations to protect the governments interests.

Government 52

Government Government Government Contracts Transparency 52

Tracker Intelligence

FEBRUARY 12, 2025

It outlines pricing, service quality and other key details. Call-Off Contract A call-off contract is used when an organisation purchases goods or services from a framework agreement. It is not always about the lowest price but also about quality, experience, and value for money when selecting the best supplier for the job.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

Select GCR

SEPTEMBER 3, 2024

Legitimate sole source situations require thorough justification, including market research and analysis, evidence of unique expertise or specialized needs that only one vendor can fulfill, and a demonstration that the price is fair and reasonable. This must be demonstrated along with ensuring the price is fair and reasonable.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

SmallGovCon

NOVEMBER 21, 2024

But both sections require such contracts be set aside “for small business concerns when there is a reasonable expectation that offers will be obtained from at least two small business concerns that are competitive in terms of quality and delivery and award will be made at fair market prices.”

Contract 80

Contract Thresholds Price Quality 80

SmallGovCon

JANUARY 30, 2024

“Maximize orders to small businesses under the simplified acquisition threshold (SAT) to the maximum extent practicable.” ” This memo, then, encourages agencies to use small business set-asides for orders, regardless of the split between the COFC and GAO. .” Make BICs work for small business.

Participation 111

Participation Thresholds Contract Government Contracts 111

The Coalition for Government Procurement

SEPTEMBER 5, 2024

Pricing details included in the prospectus. Further, confirming the broad applicability of CMMC, DOD confirmed that these requirements will be applicable to contracts below the Simplified Acquisition Threshold (which currently sits at $250,000). Thank you to our current sponsors of the Fall Training Conference! The CMMC 2.0

Procurement 52

Procurement Contract Networking Budget 52

The Coalition for Government Procurement

AUGUST 29, 2024

Further, confirming the broad applicability of CMMC, DOD confirmed that these requirements will be applicable to contracts below the Simplified Acquisition Threshold (which currently sits at $250,000). These proposed rules represent continued affirmation to DOD’s dedication to rolling out CMMC soon. The CMMC 2.0

Procurement 52

Procurement Thresholds Contract Consulting 52