by Public Contracting Institute | Feb 27, 2020
Did ya know . . . ? Contractors offering non-commercial services on a time and materials or labor hour basis without adequate price competition are required to specify and separate labor rates for labor performed by: (a) the contractor, (b) subcontractors, and (c)... by Public Contracting Institute | Feb 27, 2020
Did ya know . . . ? With both time-and-materials contracts and labor-hour contracts, the contractor is only required to use “best efforts” during contract performance and there is no guarantee that the work required will be completed within the contract’s stated... by Public Contracting Institute | Feb 27, 2020
Did ya know . . . ? The use of cost reimbursement contracts is prohibited for the acquisition of commercial items. FAR 16.301-2. Interested in more FAR OUT Facts? Sign up for PCI’s bi-weekly FUN with the FAR course and make the FAR FUN! Learn without leaving the... by Public Contracting Institute | Feb 27, 2020
Did ya know . . . ? A non-exclusive list of factors that should be considered in selecting contract type can be found at FAR 16.104. Interested in more FAR OUT Facts? Sign up for PCI’s bi-weekly FUN with the FAR course and make the FAR FUN! Learn without leaving the... by Public Contracting Institute | Feb 13, 2020
Did ya know . . . ? Unless other agency instructions exist, contracting officers are required to use the profit analysis factors set forth at FAR 15.404-4(d) to establish profit or fee pre-negotiation objectives Interested in more FAR OUT Facts? Sign up for PCI’s...