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New Obama Contracting Reforms Emphasize Fixed-Price Contracts

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By Emelie Rutherford The White House issued federal-contracting guidance yesterday regarding using fixed-price contracts over cost-plus arrangements. A congressional contracting-oversight panel plans to hold a hearing today to scrutinizing the new guidelines from the Office of Management and Budget (OMB). The "Guidelines for Increasing Competition and Structuring Contracts for the Best Results" were issued yesterday to acquisition officers and procurement executives in the Department of Defense and throughout the federal government. OMB documents point to a May 4 memo from President…

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Contract Updates

SNC Manufacturing LLC (Orocovis, Puerto Rico) – $15,857,625

SNC Manufacturing LLC,* Orocovis, Puerto Rico, has been awarded a maximum $15,857,625 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for mechanics cold weather coveralls. This was a competitive acquisition with five responses received. This is a five-year contract with no option periods. The ordering…

Huntington Ingalls Inc. (Newport News, Virginia) – $9,434,758

Huntington Ingalls Inc., Newport News, Virginia, was awarded a $9,434,758 cost-plus-fixed-fee modification to a previously awarded contract (N00024-22-C-2105) to exercise options for planning and design yard activities for standard navy valves installed in commissioned nuclear-powered submarines, submersibles, and aircraft carriers.…

JRC Integrated Systems LLC (Washington, D.C.) – $10,708,589

JRC Integrated Systems LLC, Washington, D.C., is being awarded a $10,708,589 cost-plus-fixed-fee term contract (including option years) (N0003026C3031) for Trident II D5 Strategic Weapon System programs and Dreadnought programs. Tasks to be performed include operator and operational knowledge and expertise…

Lockheed Martin Corp. Missiles and Fire Control (Archbald, Pennsylvania) – $23,097,963

Lockheed Martin Corp., Missiles and Fire Control, Archbald, Pennsylvania, is awarded a $23,097,963 modification (P00007) to a previously awarded firm-fixed-price contract (N0001924C0004). This modification adds scope for the production and delivery of 4,002 Laser Guided Training Rounds Bomb Dummy Unit…

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