Government Contracts & Investigations

OCTOBER 11, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. Applicability of the FAR Cost Principles The FAR Cost Principles apply to the “pricing of contracts, subcontracts, and modifications whenever cost analysis is performed.” [1]

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Public Contracting Institute

OCTOBER 3, 2024

More specifically, each BPA holder shall be provided a specific request for quote (RFQ) for procurement requirements of an anticipated total dollar value exceeding the simplified acquisition threshold. Schedule contracts provide for an extensive volume of competitive cost/price offerings. agency-specific vehicles—IDVs, GWACs, etc.

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Public Contracting Institute

OCTOBER 3, 2024

More specifically, each BPA holder shall be provided a specific request for quote (RFQ) for procurement requirements of an anticipated total dollar value exceeding the simplified acquisition threshold. Schedule contracts provide for an extensive volume of competitive cost/price offerings. agency-specific vehicles—IDVs, GWACs, etc.

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Purchasing Thresholds Price Accountability 52

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%.

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The Coalition for Government Procurement

JUNE 21, 2024

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. GSA’s current use of algorithms and pricing data is instructive in this regard.

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Federal News Network

NOVEMBER 20, 2024

So the Rule of Two requires federal agencies to set aside procurements for small businesses where there’s a reasonable expectation that at least two small businesses will be able to submit offers at fair market prices and otherwise competitive in terms of quality and delivery. Tom Temin: And that goes back to the 1980s, right?

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Import and Trade Remedies

NOVEMBER 7, 2024

The CBAM proposal forms part of the UK Government’s wider strategy to tackle carbon leakage, which is caused by the movement of production activities and associated emissions from one country to another as a result of different levels of carbon pricing and climate regulation.

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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.

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Import and Trade Remedies

OCTOBER 31, 2024

On the other hand, this was also beneficial to consumers reliant on eCommerce stores offering competitive prices, reduced taxes, and a wide range of selection. Furthermore, both suppliers and consumers benefitted from simplified import procedures.

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SmallGovCon

JUNE 19, 2024

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?

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GovCon & Trade

DECEMBER 18, 2023

Specifically, “[t]he lowest price[d] offer will be evaluated and if it is in the highest category of past performance, no other review will be completed. If it is not in the highest category of past performance, we will evaluate the next lowest [priced] offer in the highest past performance category.” B-418123.4,

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Federal News Network

FEBRUARY 15, 2024

It was very in-depth, and it had proposals to modernize the program, one of which is to add, a level of competition to the program to ensure that the contractors are performing with excellence and that there’s a chance to do a price competition potentially every five years for the contracts. We don’t.

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Import and Trade Remedies

MARCH 27, 2024

To achieve this it will impose a carbon price on imported goods with the aim of levelling the playing field and ensuring that imported goods are subject to a carbon price that is comparable to that incurred by manufacturers based in the UK. The CBAM proposal forms part of the UK government’s wider strategy to tackle carbon leakage.

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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. 17, 2022). [2]

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SmallGovCon

FEBRUARY 19, 2024

124.506 , if an 8(a) contract price would exceed a certain threshold ($7 million for manufacturing contracts, $4.5 What happens when an agency decides that instead of competing a five-year contract to 8(a) companies, it will just sole source five one-year contracts at the sole source dollar threshold to an 8(a) company?

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The Coalition for Government Procurement

SEPTEMBER 6, 2024

On August 5, 2024, the General Services Administration (GSA) took a step forward by publishing a final rule to “standardize and simplify the Multiple Award Schedule (MAS) clauses for economic price adjustments.” The GSAR, as currently written, limits when, how often, and by what percentages prices can be adjusted.

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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. 17, 2022). [2]

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Government Contracts & Investigations

FEBRUARY 29, 2024

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. Manos, Government Contract Cost & Pricing § 13:3 (2023). [24] DCAA, DCAM ¶ 6-413.1.c. 10] FAR 31.205-6(b)(1). [11] 13] DCAA, DCAM ¶ 6-413.1(e). 14] FAR 31.205-6(b)(2). [15]

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The Coalition for Government Procurement

JULY 26, 2024

The BAA provides a price evaluation preference, favoring domestic producers over foreign offers in a covered procurement. As such, if the price of an offered Chinese product is low enough, the federal government will buy that product. The Small Business Rules: Is the Price Right for Products Made in China?

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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.

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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%.

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Great Government Through Technology

SEPTEMBER 10, 2024

Catalogs are standardized at the BPA level to make it easier for customers to compare services and associated prices. FinOps: At first, contractors were required to monitor and automatically suspend cloud services when consumption reached certain thresholds. The contractor must also notify the eligible users.

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Government Contracts Legal Forum

APRIL 30, 2024

The Final Rule also makes many changes to 2 CFR Parts 180 and 200, including, but not limited to, increasing the threshold for audits, clarifying the requirements for fixed amount awards, and implementing a mandatory disclosure rule.

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Federal News Network

JANUARY 30, 2024

On the face of it, it’s obviously a big deal for small businesses because now if you’re on one of these multiple award IQ contracts, the onus is going to be on the buying agency to come up with justifications to not give you task orders up to the simplified acquisition threshold, currently $250,000. And we’re kind of here.

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SmallGovCon

JULY 18, 2024

On top of this, it also would allow DoD contracting officers to sole source contracts to VOSBs if the contracts are below certain dollar thresholds. This new provision would also set up a VOSB contracting goal for DoD.

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Kluwer Arbitration

JULY 17, 2024

a) of the GSA, if gas was not utilised by QAPTL, the gas would be diverted to other consumers; however, QAPTL would remain liable to pay the agreed price netted against the sum collected by any such diversion. In QATPL v SNGPL , the High Court underscored the extreme nature of irregularity that would meet the threshold in Section 68.

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The Coalition for Government Procurement

JULY 11, 2024

For bulk sensitive personal data, there is a yet-to-be-determined volume threshold that must be involved in the transaction for it to be covered. Suggested thresholds in the ANPRM range from data sets on 100 U.S. Government-related data, there is no threshold requirement and the data categories will be covered regardless of volume.

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Inside Government Contracts

MARCH 12, 2024

FHWA proposes that the domestic iron and steel in those manufactured products would count towards the 55% domestic component threshold. Comments on the RFI are open until May 13, 2024.

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PNWC's Government Contracting Update

DECEMBER 23, 2019

First, the simplified acquisition threshold currently sits at $150 thousand but there is a FAR proposal on the table that will increase that threshold to $250 thousand. We have been discussing some of the procurement related provisions buried in the bill. There are several things to note here. Second, the request must be in writing.

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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.

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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.

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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.

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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. The protester argued the GAO should use the evaluated price for jurisdictional purposes because it is a better representation of what the agency will likely spend on performance.

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The Coalition for Government Procurement

APRIL 18, 2024

While the threshold for reporting under CISA’s rule is higher than, for example, under the Department of Defense’s (“DoD’s”) cyber incident reporting rule (which requires reporting of incidents involving activities that “may have” occurred), this is a welcome acknowledgement of the practicalities of cyber incident detection and response.

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Public Contracting Institute

OCTOBER 12, 2023

As we prepare for our 21st episode of Season 10, here are a few Episode 21 FAR Facts for us to think about: Solicitations for construction contracts are required to contain the Government’s estimated price range for the project. FAR 36.204. Agencies shall not award these contracts unless specifically authorized by statute. FAR 37.104.

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Kluwer Arbitration

JULY 2, 2024

In the underlying investment treaty arbitration, Clorox sought compensation for the alleged expropriation and unfair treatment of its investment by Venezuela, through the enactment of price controls and currency exchange restrictions, and the nationalization of its assets.

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Public Contracting Institute

AUGUST 9, 2024

FAR Cost Principles (FAR Part 31) While not a specific clause, understanding FAR Part 31 Cost Principles is crucial for contractors dealing with cost-reimbursement contracts or those required to submit certified cost or pricing data.

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