Happy New Year to all of you! Can we punt January of this year back to 2020 and reset 2021 with February? The inauguration and transition in the White House will bring about seismic policy shifts in procurement policy and budget allocations. Here are my In and Out predictions for the government contracting community.
GSA was already on the path of moving away from big picture pricing at the schedule level to task order pricing. This has been applauded by industry as a move in the right direction. GSA Schedule regulations currently require contractors to engage in often proacted and arduous negotiations for “fair and reasonable” hourly rates with contracting officers. These rates then become a ceiling but not a floor as contractors bid much lower rates to win delivery and task order awards.
To read more about the Biden transition plans, click on this link.
Barbara Kinosky is the Managing Partner of Centre Law and Consulting and has more than twenty-five years of experience in all aspects of federal government contracting. She is a nationally known expert on GSA and VA Schedules and the Service Contract Act, and has served as an expert witness for federal government contracting cases. Barbara was named a top attorney for federal contracting by Smart CEO magazine in 2010, 2012 and 2015. Show hosts Wine & Wisdom, a weekly virtual talk show about all things GovCon.
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