Professional Development

January 5, 2024

Navigating Government Property Compliance: A Deep Dive into FAR Part 45

Welcome to our first newsletter of the year! Today, we delve into the world of government property compliance and shine a spotlight on FAR Part 45, a crucial regulation that shapes how contractors manage government-owned […]
December 8, 2023

Contracting Chronicles: Navigating Forms in FAR Part 53

Elevating Contracting Excellence In the intricate world of federal contracting, where every decision counts, understanding the nuances of the FAR is paramount. Among the many facets of the FAR, Part 53 stands out as a […]
November 3, 2023

Compliance and Collaboration: The Roadmap to FAR Part 42 Mastery of Contract Administration and Audit Services

Understanding FAR Part 42: A Brief Overview FAR Part 42 is a cornerstone in the landscape of government contracts, outlining the principles of contract administration and audit services. Navigating its intricate clauses and regulations demands […]
June 2, 2023

Fixed-Price Contracts: Are They Really Fixed?

Overview Contract types are grouped into two broad categories: fixed-price contracts and cost reimbursement contracts. A critical component of acquisition planning includes determining the contract type. This task is important for several reasons. After completion […]
March 10, 2023

New FAC Alert: Federal Acquisition Circular (FAC) 2023-02

A new Federal Acquisition Circular (FAC) 2023-02 was published in the Federal Register on February 14, 2023. The list of final rules, all effective March 16, 2023, include: Accelerated Payments Applicable to Contracts with Certain Small Business […]
March 3, 2023

The “Rule of Two”​: Then and Now

“Rule of Two” Overview In simple terms, the FAR states that the contracting officer shall set-aside any acquisition over the micro-purchase threshold for small business participation when there is a reasonable expectation that offers will […]

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