by Public Contracting Institute | Feb 13, 2020
Did ya know . . . ? Any prime contractor that is required to disclose certified cost or pricing data shall generally require any of its subcontractors which hold subcontracts worth over $750,000 to disclose certified cost or pricing data, unless an exception applies.... by Public Contracting Institute | Feb 13, 2020
Did ya know . . . ? A prime contractor is required to conduct appropriate cost or price analysis to establish the reasonableness of proposed subcontractor pricing. FAR 15.404-3(b). Interested in more FAR OUT Facts? Sign up for PCI’s bi-weekly FUN with the FAR... by Public Contracting Institute | Feb 13, 2020
Did ya know . . . ? Prime contractors who intend to subcontract more than 70% of the total cost of work to be performed under a contract are subject to the Limitations on Pass-Through Charges clauses set forth at 52.215-22 or 52.215-23 Interested in more FAR OUT... by Public Contracting Institute | Feb 13, 2020
Did ya know . . . ? The fact that a price is included in a commercial item “price list” or catalog does not, in and of itself, make that particular price “fair and reasonable.” FAR 15.43-3(c). Interested in more FAR OUT Facts? Sign up for PCI’s bi-weekly FUN with the... by Public Contracting Institute | Feb 5, 2020
Did ya know . . . ? The FAR permits and encourages discussions between the government and industry during the pre-solicitation stage. FAR 15.201(a). Interested in more FAR OUT Facts? Sign up for PCI’s bi-weekly FUN with the FAR course and make the FAR FUN! Learn...