Contracting News

  • New bipartisan bill cracks down on contractor price gouging

    Source: FEDNEWSNETWORK Countless watchdog reports have found that defense contractors overcharge the military for spare parts. Now, lawmakers are pushing a new bill that seeks to curb price gouging on sole-source contracts awarded without competitive bidding. The legislation, dubbed the…

  • FAR Council Issues Changes to 4 Parts of Acquisition Regulation

    Source: EXECGOV The Federal Acquisition Regulatory Council on Thursday issued new model deviation text for four parts of the FAR as part of the Revolutionary FAR Overhaul, or RFO, initiative. In April, President Donald Trump signed an executive order directing his administration to amend FAR to…

  • Procurement & Government Contracting Compliance: What You Need To Know

    Source: NATLAWREVIEW Government spending is massive. In fact, “the US government is the single largest consumer in the world, spending more than $760 billion on products and services each year.” For businesses seeking to access this market, an understanding of procurement and contracting compliance…

  • GSA Addresses Revolutionary FAR Overhaul's Impacts on SAM.Gov

    Source: EXECGOV The General Services Administration announced that changes to the Federal Acquisition Regulation, or FAR, as part of the Revolutionary FAR Overhaul, or RFO, initiative will impact the System for Award Management website. GSA said SAM.gov includes three types of certifications and…

  • How the GSA's Acquisition Overhaul Could Affect Small Business Contractors

    Source: SCHWABE The General Services Administration (GSA) has released a series of legislative proposals that have been transmitted to Congress as part of the revision and rewrite of the Federal Acquisition Regulations. The intent of the proposed changes is to revise federal acquisition statutes…

  • OMB Issues Guidance for Agencies to Consolidate Federal Procurement Activities

    Source: EXECGOV Russell Vought, director of the Office of Management and Budget, has issued a memorandum providing guidance for federal agencies to consolidate procurement activities for common goods and services. In the July 18 memo, Vought wrote that the OMB guidance supports the implementation…