Posts Tagged: FAR

Best Value or LPTA? One Size Does Not Fit All in Acquisition

By Michael Ipsaro, Technical Director, PMP, CCE/A Sound familiar? A complex professional service contract is awarded using the LPTA approach…..it costs millions more than expected. A recurring supply of widgets or routine services is obtained using a Best Value approach. The delivery is delayed months and when combined with the final price of the contract…..resultsRead… Read more »

Know When to Talk to Government Customers

In the task of relationship building with the government, you need to know that the government actually wants industry to approach government customers. FAR part 15.201, “Exchanges with industry before receipt of proposals,” states: “Exchanges of information among all interested parties, from the earliest identification of a requirement through receipt of proposals, are encouraged.” TheRead… Read more »

The Hidden Costs of Firm-Fixed Price Contracts

By John Coombs, CFCM, DAWIA III As fiscal pressures rise, senior leaders across the federal government place additional emphasis on Firm-Fixed Price (FFP) contracts. A prime example is the Department of Defense “Better Buying Power” memoranda. FFP contracting is an important method to add simplicity and cost efficiency, but with respect to services, FFP contractingRead… Read more »

Is government IT TOO big to succeed?

As the world has become dependent on information technology (IT), so has the federal government and its constituencies. Leveraged effectively, technical tools can engage the public, create cost savings, and improve outcomes. These benefits are obscured by regular reminders that federal IT is fundamentally flawed. It is too big to succeed,” said Zachary Bastian. TheRead… Read more »

DHS Rule Protects Small Business? Think Again.

Federal Computer Week reported on a proposed change to the Homeland Security Acquisition Regulation, the supplement to the Federal Acquisition Regulation by the Department of Homeland Security (DHS), in order to help small businesses fend off rapacious primes contractors from “windfall” payments on Time and Materials contracts. “Help” like this is not desired by smallRead… Read more »

Use the FAR to stop Iran from getting the bomb

Slogging my way through the DAU online COR training has generated a question. If we translated all Federal Acquisition Regulations into Farzi and secretly insinuated them into Iranian government policy, wouldn’t that completely halt their ability to procure anything, let alone a nuke, in under 50 years?

4 Core Regulations You Should Know

With any contract there are always rules and regulations and to have a contract with the federal government you need to adhere to the rules and regulations of the specific agency of your interest, in addition to the regulations of the Federal Acquisition Regulation (FAR). The FAR governs all federal contracts in the acquisition process.Read… Read more »