I know, I know...we are still in Fiscal Year (FY) 2024 and it's a very busy time for many, culminating on September 30th. But on October 1st just as soon as the finance offices reopen the books, Government acquisition teams are right back to work focusing on a new FY. It happens that fast!
With such little breathing room between FYs, you must also have a focus on not only what you know is available right now but what is planned and anticipated for future opportunities. At our next FedSubK live event, I'll go over how to find known actions coming in FY2025 and how to identify additional contracts coming up for renewal well before any notice hits SAM.gov.
Join us for "Using Government Tools to Anticipate Federal Opportunities" on Tuesday, September 24th at Noon ET.
Find the link at our FedSubK In Action page and join us on Sep 24th!
As always, check out the two feature articles below for a deeper dive on contracting topics you need to know.
Hang in there...we are under 30 days to a whole new year of opportunities! Have a Happy End of Fiscal Year!
CPARS Secrets: Insider Tips for Maximizing Your Performance Ratings
For those who are a prime contractor with active Government contracts, our first feature this month has my CPARS secrets. Having written hundreds performance evaluations and reviewed many many more during proposal evaluations, I'll give you my insights from a Contracting Officer's perspective on how Contractors are evaluated against each past performance factor and criteria so you can maximize your ratings.
Subcontracting Best Practices, Pitfalls, and Frequently Asked Questions
Those of you new to the Federal game should understand that subcontracting can be a lucrative strategy in this marketplace. You bring in business while gaining valuable experience at the Federal level. Contracting Officer's in DoD are KOs, so "K" became my shorthand for "contract". The "SubK" in my business name means "subcontract", so who better to give you some strategies to navigate this lane?
GSAR Case 2020-G510, FSS Economic Price Adjustment (EPA) (Final Rule) -- Amends GSA's FAR Supplement (GSAR) to consolidate the four FSS EPA clauses into a single schedule clause 552.238-10 Economic Price Adjustment - Federal Supply Schedule Contracts, memorializing GSA's moratorium on EPA adjustments effective since March 2022 and now making it permanent.
Effective: 9/4/2024
GSA Schedule Holder?Don't miss this articleabout new terms related to the acceptance of contract payments by the Government Purchase Card ("P-Card") and why it's important to you!
Proposed Regulatory Changes
(Links in Titles)
FAR Case 2024-004, Combating Trafficking in Persons - Definitions and Agency Responsibilities (Proposed Rule) -- Would amend FAR to align the definition of several terms to the statutory definitions and make conforming changes throughout the FAR. Agency responsibilities would also be aligned with the statutory requirements of 22 U.S.C. 7104(b)(1) and the remedies that may be taken if a contractor is referred to the agency suspending and debarring official.
