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A contractor got into a pricing squeeze when the customer, in this case the Marine Corps, way underestimated the quantities for the services under the fixed-price contract. Why don’t you, contractor, just submit an REA for a go forward, change the unit pricing. This one just seeks a change in the unit prices.
billion firm-fixed-price contract to provide logistics services to support military operations around the world. The Department of Defense said work on the multiple-award indefinite-delivery/indefinite-quantity contract will run concurrently over the next five to 10 years. Global […]
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 Department of Defense said the modifications exercise the second 18-month option term in the firm-fixed-price, indefinite-delivery/indefinite-quantity contract. military branches. The ordering period will run through July 22,
Squad Aiming Laser System Contract The Department of Defense said Monday the firm-fixed-price, indefinite-delivery/indefinite-quantity contract covers spare and repair parts, as well as contractor logistics support and test article refurbishment. Navy to provide the U.S. Marine Corps with the squad aiming laser, or SAL, system.
ASRC Federal Facilities Logistics, as successor-in-interest to SAIC, has secured a firm-fixed-price, indefinite-delivery/indefinite-quantity bridge contract worth $60 million from the Defense Logistics Agency to provide supplies for the maintenance, repair and operations of facilities.
The decision was mixed, depending on the type of pricing was in the various CLINs and the issue of whether a release applied. Claim for full amount in task order Vectrus claimed it was entitled to the full amount in Task Order 63, because it was a fully funded, fixed price contract that set forth definite, not estimated quantities.
IDIQ Contract Scope The Department of Defense said Friday the firm-fixed-price, indefinite-delivery/indefinite-quantity contract will provide through life support, or TLS, services for 36 MH-60R aircraft units to enable Navy contract worth approximately $198.1
Navy has awarded 10 companies spots on a firm-fixed-price, multiple-award, indefinite-delivery/indefinite-quantity construction contract worth $249 million.
The up to $15 million indefinite-delivery/indefinite-quantity contract will run from July 1, 2024, to June 30, 2029, and feature firm-fixed-price task orders, the DOE said Tuesday. The contract will primarily provide technical […]
The Department of Defense said Friday the firm-fixed-price, indefinite-delivery/indefinite-quantity contract has a one-year base period valued at Navy has awarded seven companies spots on a potential 10-year, $2.67 territories.
The Procurement at Issue The Navy’s Naval Sea Systems Command (NAVSEA) issued a Request for Task Order Proposals (RTOP) to holders of the SeaPort Next Generation indefinite-delivery, indefinite-quantity (IDIQ) contract seeking to procure administrative and engineering support services. 4106(f)(1) and 10 U.S.C.
Navy's cargo offload and discharge systems under a firm-fixed-price contract. The Naval Air Warfare Center Training Systems Division in Orlando, Florida, launched a competitive procurement process for the indefinite-delivery/indefinite-quantity contract and received one offer, the Department of Defense said Thursday.
The agenda promised insights into vendor verification, sourcing new vendors, validating pricing against historical purchase orders, market research, and tailoring bids and RFQs for success. To further illustrate the importance of price validation, Paige then walked the audience through a spending search for Chromebooks.
I think that this is a win for enhanced competition, especially for small businesses that may have had to previously finance software acquisitions and have to offer higher prices as a result,” he said. This move should increase competition and drive better pricing. This is a win for common sense in government acquisition.”
Price Preference For civilian agencies , if the contractor with the lowest priced domestic end product is a large business, then the agency will add a price evaluation penalty to the offeror with the lowest priced foreign end product of 20%. What is a Domestic End Product? A list of these items is at FAR 25.104.
Larger organizations, especially those with in-house DCAA auditors will likely experience a higher quantity of floor checks. The post Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts appeared first on Capital Edge Consulting. Contact the experts at Capital Edge Consulting today.
The $90 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract with ASRC Federal has a June 15, 2025, ordering period end date while the one with SupplyCore runs until Feb. 6, 2025, the Department of Defense
17, 2023) , GAO looked at this issue in the context of a lowest-price, technically acceptable (LPTA) solicitation for a brand name or better product, with an unexpected ending that the protester surely did not see coming. This is essentially Federal Government Contracting 101 and applies to any type of solicitation. In RELX, Inc.,
The agency said Friday the awardees were selected as part of the first on-ramping process for the firm-fixed-price Commercial SmallSat Data Acquisition Program. The indefinite-delivery/indefinite-quantity contract has a performance
The Army announced the award of the firm-fixed-price, indefinite-delivery/indefinite-quantity contract in a notice published Army to produce and supply Advanced Medium Mobile Power Sources systems to help the service branch and other Department of Defense components meet their tactical power generation requirements.
According to the request for proposals posted on SAM.gov Tuesday, DMEA is planning to award a multiple award indefinite-delivery/indefinite-quantity contract with cost or fixed price task orders.
Northrop Grumman (NYSE: NOC) has secured a $197.5 million contract from the U.S. Navy for the full rate production of 56,000 FMU-139D/B bomb tactical electronic fuze systems.
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.
Transportation Command has awarded 25 companies spots on a fixed-price indefinite-delivery/indefinite-quantity contract with an estimated cumulative face value of $750 million. The contract seeks to provide commercial port operations and related transportation services, the Department of Defense said Monday.
To address the requirement, the government intends to award five firm-fixed price indefinite-delivery/indefinite-quantity task orders under the $1.5 billion Unrestricted Vertical Construction multiple award
million firm-fixed-price, cost contract from the U.S. The Department of Defense said Friday the indefinite-delivery / indefinite-quantity contract is intended to boost the F-35 Joint Program Office’s efficiency and productivity by […] Epsilon, an IT support and cybersecurity provider, has booked a $184.5
According to an award notice published Monday, USFS conducted a full and open competition for the indefinite-delivery/indefinite-quantity contract requiring vendors to provide Type 1 helicopters. The agency said most of the awardees under the firm-fixed-price
million firm-fixed-price indefinite-delivery/indefinite-quantity contract from the U.S. Phoenix Air has received a $165.7 Navy to simulate airborne threats for training, testing and evaluating shipboard and aircraft squadron weapon systems operators and aircrew on fleet air defense and electronic warfare.
million fixed-price contract from the U.S. Under the indefinite-delivery/indefinite-quantity contract, Indra Air Traffic will provide MP TACAN systems, spares and support equipment, the Department of Defense said Monday. Indra‘s air traffic business has secured a $198.4
ASRC Federal and Noble Supply and Logistics have received firm-fixed-price contracts worth $185 million combined from the Defense Logistics Agency to provide maintenance, repair and operations support services at U.S. Army, Air Force, Navy, Marine Corps and the Coast Guard under the indefinite-delivery/indefinite-quantity contracts,
The 3IS cost-plus-fixed-fee, firm-fixed-price, indefinite-delivery/indefinite-quantity contract covers warfighter military training, exercises, plans and operations, the Department of Defense said Friday. The contract, which resulted from
AAR Government Services (NYSE: AIR) and L3Harris Technologies (NYSE: LHX) have been awarded indefinite-delivery/indefinite-quantity contracts by the U.S. The Department of Defense said Friday the firm-fixed-price, time-and-materials contracts, which total an estimated $1.20
million indefinite-delivery/indefinite-quantity contract from the U.S. and Australian navies and the Foreign Military Sales program under the fixed-price-incentive-fee, cost-plus-incentive-fee, cost-plus-fixed-fee and cost reimbursable IDIQ, the Department of Defense said Tuesday. A Leonardo DRS business has won a five-year, $417.2
As we prepare for our 11th episode of Season 11, here are a few FAR Facts for us to think about: Contract types are grouped into two broad categories: fixed-price and cost-reimbursement contracts. FAR 16.101(b). Contract types that are not described in the FAR shall not be used, except as a FAR subpart 1.4 FAR 16.102(b). FAR 16.301-3(b).
The firm-fixed-price, indefinite-delivery/indefinite-quantity contract seeks to help the Navy meet its Ready Relevant Learning Content Conversion Aviation training requirements, the Department of Navy has awarded Integration Innovation Inc. a potential five-year, $187.3
NASA has awarded 15 companies spots on a five-year, $45 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract in support of the Flight Opportunities and Small Spacecraft Technology programs.
This investment will help HALO’s current work in Ukraine while supporting the organization’s ability to store, process, and analyze the vast quantity of data it collects more safely and efficiently. This expands access to government customers and offers them selection among speed, performance, and price.
The Marine Corps Logistic Command plans to launch a solicitation for a potential $550 million indefinite-delivery/indefinite-quantity contract for services in support of the Logistics Integration Support program.
The Department of Defense said Tuesday the firm-fixed price, indefinite-delivery/indefinite-quantity contract also covers sustaining engineering, repair, maintenance, configuration management, reliability Navy has awarded Rolls-Royce a potential two-year, $695.3
The Department of Defense said Thursday the modification to the firm-fixed-price, indefinite-delivery/indefinite-quantity contract exercises the second 18-month option period of the two-year base contract million to various facilities around the globe.
According to an award notice published Monday, USFS conducted a full and open competition for the indefinite-delivery/indefinite-quantity contract requiring vendors to provide Type 1 helicopters. The agency said most of the awardees under the firm-fixed-price
The indefinite-delivery/indefinite-quantity contract covers continuous maintenance, emergent maintenance and Chief of Naval Operations availabilities, the Department of Defense said Wednesday. The contractors under the firm-fixed-price multiple award IDIQ are: Navy has awarded 10 companies spots on a $669.9
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