Scottish Government Procurement

JULY 11, 2024

We have published a Construction Policy Note (CPN) to provide notification of new guidance which details an alternative method of determining the price score in tender assessments – the Graduated Pricing Mechanism (GPM). The principle is that the lowest price is awarded the highest score (i.e. What is the GPM?

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Government Contracts

APRIL 12, 2024

Supreme Court to clarify disqualification protocol for judges overseeing a case related to their prior work as a government attorney, and energy drink manufacturers want the court to develop a modern-day test to determine if companies qualify as price-discrimination competitors.

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ExecutiveBiz

AUGUST 27, 2024

Stephen Tyndall has been appointed vice president of pricing at Tyto Athene, a portfolio company of Arlington Capital Partners, according to the executive’s LinkedIn post shared Saturday.

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WashngtonExec

AUGUST 6, 2024

5, and we want your help finding the most impactful pricing executives. For the pricing [.] The deadline to submit nominations for the Pinnacle Awards is Sept.

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Price Innovation 52

Oxford College of Procurement and Supply

JANUARY 9, 2024

One way to reach this objective is to focus on the cost of acquisition rather than the price of acquisition. Price and cost are often terms that are used interchangeably but in reality, the terms are quite different. Cost vs Price Consider two people going to a supermarket at the same time to buy the same list of groceries.

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Price Supplier Quality Procurement 59

Government Contracts

JULY 29, 2024

notified a Connecticut federal court Friday that it will appeal its loss in a lawsuit challenging a new Medicare drug price negotiation program on the grounds that it unlawfully compels the pharmaceutical giant to declare prices "fair," takes its property and imposes an excessive fine. Boehringer Ingelheim Pharmaceuticals Inc.

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Price Price Negotiation Negotiation IT 52

Government Contracts

AUGUST 9, 2024

Federal prosecutors on Thursday announced the indictment of an Oklahoma highway runoff contracting business and two of its employees for their involvement in a price-fixing, bid-rigging and market allocation conspiracy that impacted over $100 million in publicly funded construction contracts in the state.

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Federal News Network

JANUARY 24, 2024

A contractor got into a pricing squeeze when the customer, in this case the Marine Corps, way underestimated the quantities for the services under the fixed-price contract. Why don’t you, contractor, just submit an REA for a go forward, change the unit pricing. This one just seeks a change in the unit prices.

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Price Quantity Contract Government 52

WashngtonExec

MARCH 17, 2024

Peter Warren Pricing Director, Noblis As the pricing director for Noblis, Peter Warren leads the corporate team that develops data-driven pricing solutions to propose the best value to its federal customers while continuing to help build a strong foundation for the company today and in the future.

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Price Data IT 52

Government Contracts

JULY 31, 2024

from making an interlocutory appeal over his interpretation of regulations in a whistleblower's lawsuit claiming the company's prescription entities falsely reported drug prices to the government. A Pennsylvania federal judge has barred CVS Health Co. The judge recommended that a trial date be set in the decade-long litigation instead.

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Price Government Government 52

WashngtonExec

MARCH 14, 2024

Suzan Putman Vice President of Pricing, CGI Federal As industry strives to fully embrace AI in the public sector, it presents challenges for the pricing community, such as determining the pricing model for Generative AI and other related issues, according to Suzan Putman. Agencies aim to [.]

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Government Contracts

JUNE 20, 2024

An "unprecedented" new Medicare price negotiation program deprives drugmakers of their constitutional rights and forces them to make declarations on issues of public concern that reflect poorly on them, Boehringer Ingelheim Pharmaceuticals Inc.

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Price Price Negotiation Negotiation IT 52

WashngtonExec

MARCH 25, 2024

Etzler Senior Vice President of Pricing & Price to Win, ManTech For ManTech, 2023 was another outstanding year, with the company looking forward to even greater achievements in the coming year. One of the top challenges the public sector is expected to face this year is the need for a talented workforce to meet [.]

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Price 52

Government Contracts

APRIL 22, 2024

used distorted pricing for medium-term construction contracts that produced significantly inflated and unreasonably low-cost estimates, according to a government watchdog. Federal building overseers in the Southeast U.S.

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Price Contract Government Government 52

WashngtonExec

MARCH 17, 2024

Robin Menefee Pricing Director, AMERICAN SYSTEMS In her second year with AMERICAN SYSTEMS, Robin Menefee’s biggest recent achievement was successfully assimilating into and leading a pricing team that helped the company exceed gross bookings targets for two consecutive years.

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Price 52

WashngtonExec

MARCH 19, 2024

Kim Schoenauer Vice President of Pricing, Cognosante Kim Schoenauer’s biggest recent achievement was coaching her team to new levels of performance, project management and confidence in executing ever more complex pricing projects.

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Price Project Management Management 52

WashngtonExec

MAY 19, 2024

In a recent interview with WashingtonExec’s Amanda Ziadeh, Brian Price, CEO and co-founder of Kion, reflects on his early years in Crisfield, Maryland — a small shore town with a population of 2,000, which he describes as “still stuck in the 1970s.”

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Price 52

WashngtonExec

MARCH 19, 2024

Jason Cloutier Vice President of Strategic Pricing & Estimating Solutions, Amentum Jason Cloutier recently combined the pricing and estimating departments from two big acquisitions. He also developed and enhanced a sophisticated yet easy-to-use tool that provides real-time information for the whole organization.

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Government Contracts & Investigations

SEPTEMBER 25, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]

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Negotiation Price Government Contracts IT 98

Government Contracts Advisor

NOVEMBER 8, 2023

In light of the increased audit activity focusing on defective pricing issues, this article surveys recent defective pricing cases, specifically those decided since the turn of the century.

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Price Negotiation Government Contracts Data 52

GovCon Wire

JUNE 7, 2024

Andrew Benson, a nearly two-decade finance and pricing executive in the government contracting industry, was appointed vice president of pricing at Astrion, an Oasis Systems-ERC combination working to addressing cybersecurity, mission support, systems engineering and digital challenges across the defense, space and government sectors.

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Price Finance Engineering Government Contracts 52

WashngtonExec

MARCH 17, 2024

Misrak Weldu Director of Pricing, Tyto Athene Misrak Weldu leads a team of price-to-win strategists at Tyto Athene’s headquarters in Herndon, Virginia.

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Price IT 52

WashngtonExec

MARCH 25, 2024

Charlene Bargiel Vice President of Pricing & Estimating, Booz Allen Hamilton In 2023, the pricing and estimating team at Booz Allen achieved new levels of success, providing detailed and data-driven financial insights that significantly improved the firm’s bidding strategy on new contracts, according to Charlene Bargiel.

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WashngtonExec

MARCH 21, 2024

Fred Avila Vice President of Pricing Solutions, HII Mission Technologies Fred Avila is the vice president of pricing solutions at HII’s Mission Technologies division, which reported $2.7 billion in revenues in 2023 — a 13% increase over 2022. Mission Technologies now accounts for nearly 25% of HII’s revenues.

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WashngtonExec

MARCH 18, 2024

Marc Madison Vice President of Strategic Pricing Administration, Koniag Government Services Marc Madison’s career includes over 20 years of federal pricing experience working for several Fortune 500 government contracting companies. He joined KGS 13 years ago to support an exceptional, growing company.

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Price Government Government Government Contracts 52

Public Contracting Institute

APRIL 23, 2024

Firm fixed price (FFP) contracts are a common type of agreement used in government contracting. Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project.

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Price Supplier Government Government 52

WashngtonExec

MARCH 25, 2024

Andrew Bird Vice President of Pricing & Deal Strategy, IDEMIA Public Security North America Andrew Bird views leveraging technology to enhance outcomes for citizens and customers—such as increased efficiencies, improved service delivery, cost savings and fraud prevention—as a top priority for government.

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WashngtonExec

MARCH 21, 2024

Jackie Chewning Executive Director of Proposal Pricing, Axient Jackie Chewning recently worked across departments to create a competitively advantageous cost submission on a transformational proposal effort. “We have a great team of dedicated growth professionals that I’m truly blessed to work with,” she said.

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Federal News Network

JANUARY 12, 2024

On November 16, 2023, the General Services Administration issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. limits on the timing and number of price adjustments). Pricing context is dependent on accurate, relevant data.

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Government Contracts

MARCH 12, 2024

Contractors party to fixed-price contracts should note the recent shift in the government’s approach to cost adjustments in light of inflation, and familiarize themselves with certain steps that could help mitigate economic losses arising from increased performance and delivery costs, says Craig Stetson at Capital Edge Consulting.

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Capital Edge Consulting

MAY 10, 2024

The post Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts appeared first on Capital Edge Consulting. Contact the experts at Capital Edge Consulting today. Call: (855) 227-3343 or Email: info@capitaledgeconsulting.com Connect With Us!

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Price Government Contracts Government Government 52

WashngtonExec

MARCH 19, 2024

Jon Yobs Vice President of Pricing, SAIC For Jon Yobs, one of the most complex challenges in the public sector is translating the “what” into “how.”

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Public Contracting Institute

JANUARY 31, 2024

The purpose of the extension is to freeze prices while the agency makes its selection, or takes other action. Increasing prices as part of an offeror’s extension will disqualify that offer. Instead of extending its bid (at the bid prices), Global submitted a revised bid with approximately a 2 percent price increase.

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WashngtonExec

MARCH 18, 2024

Leslie Tillman Vice President of Pricing, Empower AI Empower AI views 2024 as a year full of growth chances, but also one with challenges. These include combining digital change, cybersecurity and artificial intelligence for federal agencies, along with uncertainty about budgets and funding.

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ivalua

FEBRUARY 10, 2023

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

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Government Contracts

NOVEMBER 2, 2023

The federal government has urged a Delaware federal judge not to block the Inflation Reduction Act's provision allowing it to negotiate drug prices with pharmaceutical companies, arguing that AstraZeneca doesn't have standing to bring its claims, which, in any event, are meritless.

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Price Negotiation Government Government 74

WashngtonExec

MARCH 24, 2024

David Blythe Director of Pricing, Parsons Corp. David Blythe recently revamped his pricing team to align better with the company’s various business units. He ensured each unit has a designated primary contact, while maintaining a versatile team of pricing analysts proficient across all areas.

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