Types of Government Contracts

It is crucial to understand the types of government contracts  in federal contracting because different types can create different remedies.  The various types of government contracts impact your financial implications and work responsibilities and performance in numerous ways.  You want to make sure you understand what type of contract you… Read more »

Bid Bond Guarantee and SBA Surety Bonds

Many contractors have questions about a bid bond guarantee and SBA surety bonds and if their rejected bids can be protested on these grounds.  Many government contracts require some form of a surety guarantee or bond.  If your proposal does not comply with the solicitation requirement for a bid guarantee,… Read more »

Agency Bid Protest — Worth the Effort?

Agency bid protests can be worth the effort at times. However, there is downside. You have the right to file a federal agency protest when you find out that you are the unsuccessful bidder. You can also file a bid protest at the Government Accountability Office (GAO) or the U.S. Court of… Read more »

(CAS) Cost Accounting Standards Exemptions and the Importance

Many government contracts are subject to cost accounting standards (“ CAS ”).  The nineteen CAS standards “govern the allocation of costs among the various contracts being performed by a government contractor.”  While many contracts are subject to CAS exemptions, many are not. The importance of cost accounting standards and the… Read more »

FAR Commercial Items Clause and Market Research Requirements

Sometimes the government’s solicitation for commercial items substantially differs from customary commercial industry practices.  Companies seeking to bid on federal contracts could struggle with meeting the government’s FAR requirements. This can also create problems for bidders and even lead to a pre-award bid protest. If the federal government procures under… Read more »

FAR IDIQ Contract & Government Minimum Payment

How to Avoid Costly Mistakes With an IDIQ Contract and Dealing  With the Government Minimum Payment Guarantee The United States federal government and its procurement agencies use a variety of IDIQ contract vehicles to procure services and products. One typical example is the indefinite-delivery / indefinite-quantity IDIQ contract vehicle. By… Read more »