How the New Government Contract Cost and PricingEnvironment will Affect New Business

October 24, 2014 10:15am

Stephen D. Knight
Member
Smith Pachter McWhorter PLC

Nicole J. Owren-Wiest
Partner
Wiley Rein LLP

  • What is the new definition of cost or pricing data
  • What is adequate price competition
  • CO discretion with respect to audit reports
  • Is the government in a period of viewing firm fixed price contracts as cost-reimbursement contracts with a cap?
  • Where is the government going with profit?
  • Should contractors expect more detailed regulations on profit and what constitutes a “reasonable price” along the lines of FAR 31?