The Office of Federal Procurement Policy issued a memo to agencies setting the new benchmark for reimbursable costs at $952,308, up from $763,029 in 2011 for certain contractor employee salaries. The contractor cap has increased 55 percent over the last four years. OFPP blames Congress for not acting to change the formula for calculating the annual increases.
The federal market is in flux. New companies are popping up, and established contractors, big and small, are altering the way they do business to take advantage of emerging technologies and the way that technology is delivered. As part of Federal News Radio's special report, A New Era in Technology, we examine the sea change that will force federal agencies and contractors to think differently as they learn how to master these new technologies together.
New data from Govini, a market research firm, finds the number of lowest price, technically acceptable awards doubled from 2009 to 2013. Vendors also are seeing more and more agencies issue solicitations where price is the only or a major evaluation criterion. DoD, civilian agency official acquisition officials say LPTA is one tool in a large toolbox.
Stan Soloway, president and CEO of the Professional Services Council, and Tim Young of Deloitte help Francis Rose count down the week's top stories.
With the announcement from Defense Secretary Chuck Hagel recalling most Defense Department civilians from furloughs, some large defense companies, which had been planning to furlough their employees, have canceled or scaled back their initial plans. However, DoD's move could wind up having only a limited impact on contractors more broadly.
On the Federal Drive show blog, you can listen to our interviews, find more information about the guests on the show each day, as well as links to other stories and resources we discuss.
Stan Soloway and Robin Lineberger from the Professional Services Council, join host Debra Roth to discuss how sequestration and other issues are affecting contractors. October 4, 2013
The General Services Administration plans to award the $60 billion multiple award contract for complex professional services by October. Concerns again arise over whether there are too many multiple award contracts.
On the Federal Drive show blog, you can listen to our interviews, find more information about the guests on the show each day, as well as links to other stories and resources we discuss.
Reducing the contractor compensation cap to the level of the salary drawn by the President ($400,000) or the Vice President ($230,700), as suggested by some lawmakers and the White House in the past, would dramatically increase the number of employees who earn compensation above the allowable limits GAO said. But the changes would mostly affect large companies, auditors said, because few of the small companies it surveyed pay their employees more than the amount earned by the President and Vice President.
The House Small Business Subcommittee on Contracting and the Workforce is searching for answers about the potential impact on competition if the White House mandates the use of strategic sourcing contracts. Four industry associations provided little support for compulsory use, citing potential risks to the government and harm to vendors.
Stan Soloway, president and CEO of the Professional Services Council, and Bob Woods, founder and president of Topside Consulting Group, count down the top federal news stories of the week.
On the Federal Drive show blog, you can listen to our interviews, find more information about the guests on the show each day, as well as links to other stories and resources we discuss.
Stan Soloway, president and CEO of the Professional Services Council, and Frank Reeder, co-founder and director of the Center for Internet Security, count down the top federal news stories of the week.
Education Department Inspector General Kathleen Tighe talks about targeting student loan fraud. Stan Soloway, president of the Professional Services Council, shares what he and the council's members hear about sequestration. Peter Kasperowicz, reporter with The Hill newspaper, discusses the likelihood of Congress avoiding a government shutdown.