Federal contract spending likely will surge in 2024. That means federal contractors should be asking themselves how ready they are to pounce on new opportunities — how well they can forecast rates, costs and pipelines.
A recently enacted law, the PRICE Act, is making it easier for federal, state and local government acquisition teams to find innovative ways to address their procurement needs. Central to the effort is the Department of Homeland Security’s Procurement Information Lab.
One type of government contract — the firm-fixed-price, level-of-effort (FPLOE) contract — specifically relates to research and development. But some agencies are using FPLOE contracts for unauthorized purposes, and that’s not innovative, says one GovLoop featured contributor: It’s abuse.
Supply chain disruptions can have devastating consequences on our daily lives. So how can agencies prepare for worst case scenarios? What questions should they ask?
In the world of government contracting, “customer” is a somewhat complicated term that applies to various parties involved in the process. A GovLoop featured contributor breaks it all down.
Most government contracts need to be modified at least once during their performance timeframes. That involves teamwork, with different functional jobs responsible for different tasks.
The thoughtful creation of agency acquisition teams is an innovative way to ensure that acquisition policies, practices and attitudes lead to timely mission success.
A seemingly innocuous 6-digit NAICS procurement code should be more than an afterthought. It has big implications for federal agencies and acquisition teams, especially when seeking out small business entities.
Federal regulations prefer that agencies use firm-fixed-price (FFP) contracts, which place all performance costs and risks on the contractor. That may sound like a good thing but, in practice, the FFP approach can be a problem.
In federal contracting, a post-award orientation is commonly called a “kick-off” and is an important way to ensure that contractors perform the work they should.