October 2012
Intermediate to advanced
376 pages
10h 56m
English
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CHAPTER 13
The Truth-in-Negotiations Act (Public Law 87-653)
Congress passed the Truth-in-Negotiations Act (TINA) on December 2, 1962, as Public Law 87-653. TINA requires that contractors disclose to the government details about costs they expect to incur during the performance of a contract awarded through negotiated procurement. This disclosure is intended to enable the government to negotiate a price based on a realistic and fully knowledgeable assessment of a contractor’s cost expectations.
The focus of the law is not on the ultimate accuracy of an estimate. If an estimate is “bad” and a contractor benefits with increased profits, this is not a violation of TINA. An “excessive” profit is not evidence of defective pricing, and a contract with ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.