Ep: 6, How Risky Is Firm-Fixed Price? RFO Updates, IDIQ Protests & Fraud
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How risky is firm-fixed price contracting? In Episode 6 of The FAR is Lava, we break down a recent HHS protest involving firm-fixed unit pricing, delayed payment risk, and how much performance risk the government can push onto a contractor. We also cover the latest RFO developments, including Kevin Rhodes continuing to work on the FAR overhaul after leaving OFPP, the Skills-Based Federal Contracting Act, CMMC updates, and a Federal Circuit decision on whether an IDIQ awardee can protest other winners. Pasted text Pasted text
We also dig into GAO’s warning about limited beneficial-ownership information on federal awardees, add a $93 million Medicare fraud scheme to the Naughty List, explain why DoD contractors should “ask for the receipts” during debriefings, and answer a listener question about BPAs and the roles of contracting officers, contract specialists, CORs, and ordering officials. Pasted text Pasted text
In this episode:
- Firm-fixed price risk and the Acacia Center for Justice protest
- Revolutionary FAR Overhaul updates
- Skills-Based Federal Contracting Act
- CMMC Phase 2 follow-up
- IDIQ awardee protest standing
- Beneficial ownership and federal contracting fraud
- The Naughty List: $93 million Medicare fraud
- DoD debriefings and Source Selection Decision Documents
- BPAs: what they are and who does what
If you work in federal contracting, acquisition, procurement, program management, or government contracting, subscribe for weekly breakdowns of the FAR, RFO, protests, policy changes, and federal procurement news.
#FederalContracting #GovernmentContracting #FederalAcquisition #FAR #RFO #Procurement #GAOProtest #CMMC #IDIQ #FirmFixedPrice
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