ACC NCR Defending Commerciality and Price Reasonableness

FAR Part 12 provides for streamlined procedures that an agency can use to procure commercial supplies and services. The principle is that an agency can procure items already available in general commerce through acquisition policies that more closely resembling those of the commercial marketplace.

This program will discuss the current landscape of law, regulation and agency guidance governing commercial item contracting and price reasonableness determinations. A commerciality determination enables an agency to acquire items using the streamlined procedures of FAR Part 12. The speakers will provide an overview of how recent changes to that landscape have impacted contractors and discuss best practices for navigating commerciality and price reasonableness determinations.

Presented by Elizabeth Jochum and Zachary Prince, Members of Smith Pachter McWhorter LLP’s Government Contracts Group, Laura Semple, Assistant General Counsel at Amentum, and John Chesbro, Principal, Government Contracts Group at HKA.

1.5 Hours of VA MCLE credit pending.