The U.S. General Services Administration has released its final rule on transactional data reporting. The final rule requires that GSA Federal Supply Schedules (FSS) contractor holders, Governmentwide Acquisition Contracts (GWAC) holders, and Governmentwide indefinite delivery, indefinite quantity (IDIQ) contract holders submit eleven transactional data points to GSA on a monthly basis. The rule does not apply to VA FSS contracts. Continue reading GSA Releases Final Rule on Transactional Data Reporting
Brad Smith presented a course for U.S. government contract acquisition. It will address the impact of new and pending trends, events, and activities affecting compliance with contract costing and estimating related rules, regulations, and expectations. Continue reading Leading Practices in Cost Estimating and Accounting
By: Bryant Le
The Government Accountability Office (GAO) annually reports to Congress a summary of its bid protest activity. Per the requirements of the Competition in Contracting Act (CICA), the GAO must report each instance where a Government agency did not fully implement a recommendation made by the GAO in connection with a bid protest decision.
In its report for FY 2013 (GAO-14-276SP), the GAO discloses data regarding bid protest filings and, for the first time, the most prevalent grounds for the GAO to sustain protests. Below is a chart of bid protest statistics for the previous two fiscal years and a summary of the FY 2013 report.
On November 26, 2013, Ryan Byrd spoke on terminations and claims at “Government Contracting: Maximizing Big Ticket Claim Recoveries and Managing Terminations, Audits and Investigations.” Continue reading Government Contracting – Big 5 2013 International Building and Construction Show
The Virginia Department of Taxation recently released the Rulings of the Tax Commissioner regarding the application of the retail sales and use tax to purchases of tangible personal property made pursuant to a government contract.
Visit the BRG Tax Blog for more information.