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DoD wants more leeway in TINA sole-source cost and pricing requirements

December 20, 2017 By Nancy Cleveland

Ellen Lord, the Defense Department’s new undersecretary for acquisition, technology and logistics, appeared before the Senate two weeks ago to give her first progress report on the department’s implementation of congressional acquisition reform.

In passing, she made a new reform request of her own: a potentially-fundamental change to the way DoD handles sole-source procurements.

Since 1962, when Congress passed the Truth in Negotiations Act (TINA), the government has generally been required to demand that contractors provide it with their cost and pricing data when that company is the only bidder that can fulfill the military’s requirements. The rationale is that without a competition between vendors, the government needs some insight into its contractor’s actual costs to make sure it’s not getting gouged.

Keep reading this article at: https://federalnewsradio.com/dod-reporters-notebook-jared-serbu/2017/12/pentagon-wants-more-leeway-on-truth-in-negotiations-act/

 

Filed Under: Contracting News Tagged With: cost and price, cost and price analysis, DIUx, DoD, PALT, sole-source, TINA

The complications of cost and pricing

September 9, 2014 By ei2admin

One of the most controversial areas in government contracting surrounds cost and pricing: the means by which a contracting officer makes a “fair and reasonable” price determination. This can be expensive to bidders, especially if they are required to provide “certified cost and pricing data” and respond to Defense Contract Audit Agency or contracting officer questions. Recent inspector general reports have highlighted the problem.

Commercial companies don’t have similar requirements and aren’t structured for it. They maintain that creating such cost-accounting compliance would incur extra overhead costs, drive up prices, and hurt them competitively. Contractor concerns involve onerous government requirements, inapplicability, and potentially abandoning the government market.

Perhaps the biggest difference between government and commercial buying practices is symbolized in the Truth in Negotiations Act (TINA). Its main intent is to ensure accuracy of a contractor’s costs before negotiating with the government and includes providing government access to all cost or pricing data the contractor used to develop its offer. If the cost rises and the bidder is found to have withheld any data, the government can get back the added costs.

Keep reading this article at: http://www.federaltimes.com/article/20140826/BLG06/308260017/The-complications-cost-pricing

Filed Under: Contracting Tips Tagged With: applicability, certified cost and price data, cost and price, cost and price analysis, fair and reasonable, marketplace, reasonableness, TINA

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