Public Contracting Institute Blog
The Public Contracting Institute blog supplement our govcon training offerings with insightful articles written by leading professionals across the government contracts industry. Our professionals publish articles on topics on government contracts administration, accounting, bids/proposals, disputes, claims, and much more. For more inforamation about our blog, reach out to seminars@publiccontractinginstitute.com.
Additionally, look for the PCI Practical Matters Podcast, coming soon! It will cover the latest news in our industry, along with insightful commentary on the most important topics in Government Contracting.
How to Effectively Use Other Transaction Agreements (OTAs) to Drive Innovation in Contracts
Understanding OTAs: A Game-Changer in Government Contracting Other Transaction Agreements (OTAs) have emerged as a powerful tool in the ever-evolving landscape of government contracting, fostering innovation and streamlining procurement processes for contractors in...
Implementing Standard Cost Systems in Accordance with CAS 407: A Comprehensive Guide
1. Understanding CAS 407: The Foundation of Standard Cost Systems CAS 407 provides guidelines for using standard costs to estimate, accumulate, and report costs of direct material and direct labor. This standard ensures consistency and fairness in cost accounting...
Managing Risks Associated with Subcontractors: A Comprehensive Guide for Government Contractors
In the complex world of government contracting, managing risks associated with subcontractors is a critical skill that can make or break your project's success. At Public Contracting Institute, we understand the challenges contractors face when dealing with...
Asserting Duress in Signing a Modification
Sand Point Services, LLC brought two claims before the Armed Services Board of Contract Appeals, both involving modifications and asserting duress. Sand Point Servs., LLC, ASBCA Nos. 61819, 61820, January 4, 2024. The first modification for certain “punch list...
Mastering Accounting for Unallowable Costs: A Guide to CAS 405 Compliance
Introduction to CAS 405 and Unallowable Costs In the complex world of government contracting, understanding and properly accounting for unallowable costs as per Cost Accounting Standard (CAS) 405 is crucial for success. At the Public Contracting Institute, we...
Mastering CAS 406: Establishing and Adhering to Cost Accounting Periods
In the complex world of government contracting, understanding and implementing Cost Accounting Standards (CAS) is crucial for success. Today, we're diving deep into CAS 406, which focuses on establishing and adhering to cost accounting periods. This standard is a...
Season 11: Episode 14: FAR Facts
Hello and thank you for joining us for Episode 13 of Fun with the FAR Season 11! In our next session, we will cover FAR Part 22 (Application of Labor Laws to Government Acquisitions) and FAR Part 23 (Environment, Energy, and Water Efficiency, Renewable Energy...
Mastering Market Research: A Comprehensive Guide to FAR Part 10 Compliance
In the complex world of government contracting, conducting thorough market research is not just a best practice—it's a requirement. Federal Acquisition Regulation (FAR) Part 10 outlines the essential steps and considerations for this critical process. At Public...
Season 11: Episode 13: FAR Facts
Hello and thank you for joining us for Episode 12 of Fun with the FAR Season 11! In our next session, we will cover FAR Part 19 (Small Business Methods) and FAR Part 26 (Other Socioeconomic Programs). As we prepare for our 13th episode of Season 11, here are a few...
Requirements Contracts: Words of Exclusivity
The Federal Circuit recently clarified that an agency’s contract may still contain requisite language to make them requirements contracts, even if the contract does not include the required Federal Acquisition Regulation (“FAR”) clauses. Caring Hands Health Equipment...