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federal government contracting

The price-reduction clause to die another day

gsa

GSA could not endure giving up the clause that goes with its Multiple Award Schedules contracts, which, officials say, guarantees companies won’t overcharge the government.

Feds want greater details in contractors’ time and costs reporting

Time_Money

Acquisition regulators are proposing the changes based on the fiscal 2010 Consolidated Appropriations Act. Rules would help agencies better manage the incoming information.