The Defense Department has approved large critical munitions contracts for a pilot program intended to accelerate acquisition timelines by allowing defense contractors to reduce the typical amount of certified cost and pricing data they submit to the government, according to a new memo. The pilot program, known as a “TINA Lite” class deviation for its references to the Truth in Negotiations Act, has been authorized for critical munitions contracts exceeding $50 million, allowing “price reasonableness determinations to be based on...
