In the last part of our contract type blog series (Part One, Part Two), we are going to summarize what we have learned and apply it to a real-world example. As a recap, below are the three (3) most common contract types and their risks: Firm-fixed-price (FFP): Contract price does not change during execution and […]
In the first part of our series on contract types, we went into the fundamentals of contract as well as an overview on risk. With this foundation, we will go into the three (3) most common types: fixed-price, cost-reimbursement, and time-and-materials (T&M). We will also go into other contract types to. We will also help […]
Knowing an effort’s contract type is essential in creating a strategy that fully considers the risk, responsibilities, and incentives as a government contractor (GovCon). Contract types are on a spectrum, with fixed-price on one end, the cost-reimbursement on the other, and with time-and-materials (T&M) in the center. Although sometimes seen as a small detail, understanding […]
Subcontracting Under Government Contracts Is a subcontractor the best option for specialized skills? Which prime contract clauses should be included in my subcontract? Are the subcontract agreement terms and conditions fair? Am I protected? Would a Master Subcontract Agreement (MSA) be more effective and efficient? BOOST LLC is here to provide expert guidance and assistance […]
Navigating the world of federal contracting can be challenging, especially for small businesses trying to enter the market. With ever-changing procurement needs and competitive bidding processes, staying ahead demands the right tools and strategies. That’s where the GSA Forecast Tool comes in—a resource designed to highlight upcoming opportunities and empower businesses to identify them early. […]
The General Services Administration (GSA) released the latest Refresh #24 to its Multiple Award Schedule (MAS), accompanied by Mass Modification A888 to incorporate changes to the overall solicitation, as well as modifications specific to certain Large Categories and Special Item Numbers (SINs), which apply uniformly to all existing schedule holders offering products and services. In […]
The General Services Administration (GSA) released the latest Refresh #23 to its Multiple Award Schedule (MAS) contract last week, accompanied by Mass Modification A887 to incorporate changes to the overall solicitation, as well as modifications specific to certain Large Categories and Special Item Numbers (SINs), which apply uniformly to all existing schedule holders offering products […]
The Challenge: A company was navigating the complexities of managing two General Services Administration (GSA) Multiple Award Schedule (MAS) contracts. As one of these contracts approached the end of its current option period, it required undergoing the option renewal process to exercise the next option. Differences in terms and conditions between the two contracts compounded […]
The General Services Administration (GSA) released the latest Refresh #22 to its Multiple Award Schedule (MAS) contract this month, accompanied by a mass modification (mass mod) to incorporate changes to the overall solicitation, as well as modifications specific to certain Large Categories and Special Item Numbers (SINs), which apply uniformly to all existing schedule holders […]
Know the Escalation: So many contractors, subcontractors, and vendors are stuck in the mindset that 2-2.5% escalation is the acceptable range. False! Take a look at the Bureau of Labor Statistics (BLS) Employment Cost Index (ECI) – like this one Employment Cost Index – March 2024 (bls.gov) – and you’ll get a better understanding of […]
DUNS: 054075943
CAGE: 7AYD7
NAICS: 541219, 541611, 541612, 541618, 541990, 561110, 561499, 611430
