Tag Archives | FAR

New Tool Available: Price Analysis Guideline Manual

This manual provides a comprehensive discussion of various price analysis techniques useful to a subcontracts/contracts administrator or anyone responsible for conducting price analyses. From adequate price competition to pricing information, the price analysis techniques commonly used in Government contracting/procurement are discussed, with numerous examples provided. http://govcon360.com/wp-content/uploads/2015/09/Price-Analysis-Guideline-Manual.pdf

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FAR Alert Notices

The FAR Alert Notice (FAN) was established by the Office of Federal Procurement Policy (OFPP) in 2012, to help improve agency awareness of the regulatory changes. OFPP collaborates with FAR Council member agencies (GSA, DoD, and NASA) to prepare and review the FAN for dissemination to the acquisition workforce. FANs provide awareness to the acquisition […]

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FAR Tightens Rulings on Government Contractors and Human Trafficking

We all know that human trafficking is wrong, and we would all be shocked if we heard that a well-known company involved itself in human trafficking. Luckily, there are organizations out there that seek to prevent global human trafficking and quickly point out alleged instances of such trafficking occurring, so that large corporations monitor their […]

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The Advantages of Having an Approved Purchasing System

What is a “Purchasing System?” It is all of the activities required by FAR Subpart 44 that relate to a Prime Contractor’s purchasing of goods and services. It starts at the decision to make a purchase. This is typically called the “make or buy” decision and applies regardless of what is being purchased: services or […]

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Do You Know What GovCon360 Can Do For You?

Unsure about what costs are allowable or unallowable; wish you could access a downloadable copy of the FAR? Or maybe you forget something from the Cost Accounting Standards Lunch and Learn you attended last month?  We have all that information along with much more located in the Training and Resources section of the GovCon360 website.  […]

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The New Excessive Pass-Through Cost Principle

Due to a new FAR provision effective January 2011, and new audit guidance from DCAA, indirect costs and fees or profit associated with subcontracts may be unallowable when the total subcontracted content of a contract or individual delivery order exceeds 70 percent of the total cost.  Contractors should be able to demonstrate their “added-value” efforts, […]

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Important FAR change that could affect some ICE submissions

At 8:35 yesterday morning, a change to the FAR was published in the Federal Register that changed how the compensation cap is implemented. The FY2012 National Defense Authorization Act (NDAA) extended what used be the “Executive” Compensation Cap to ALL CONTACTOR EMPLOYEES, but ONLY on contracts with DOD, NASA and the Coast Guard. The cap […]

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