Remove 2010 Remove Bidder Remove Bidding
article thumbnail

Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Yet, these terms—such as Request for Quotations (RFQ), Request for Proposals (RFP), Request for Expressions of Interest (REOI), and Invitation for Bids (IFB)—are technically indicative of distinct concepts. These methods may include Shopping , Limited Competitive Bidding , Force Account , or Direct Contracting.

article thumbnail

The Bid Evaluation Process

The Procurement ClassRoom

It is based on years of experience from practicing Public and Project Procurement and takes into consideration bid evaluation procedures and practices applicable under several Public and Project Procurement legal and regulatory frameworks. Bid evaluation is the responsibility of a body known as the Bid Evaluation Panel.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Paraguay’s procurement is open for small business

Open Contracting Partnership

The team developed a three-pronged strategy: talk to MSMEs and build their capacity to bid on contracts; simplify the bidding process for smaller businesses; and use innovative technology to better measure and manage opportunities for small business vendors. and the total value awarded to MSMEs has remained steady.

article thumbnail

GAO Bid Protests: Required Debriefings

Procurement Notes

Rather, CICA provides that a required debriefing is only available where competition/award is “on the basis of competitive proposals[.]” [16] “The term ‘competitive proposals’ is not defined by Bid Protest Regulations, nor is it expressly defined by statute or regulation.” [17] 224, 231 (2010); 10 U.S.C. 3703 , 10 U.S.C.

Bidding 40
article thumbnail

An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

Circuit”) has stated that “a broad original competition may validate a broader range of later modifications without further bid procedures.” [62] Jones was not, to stand aside and let the bidder be overwhelmed without a warning.” [134] Further, there is more leeway with the extent of a mod. 61] Furthermore, the U.S. 8, 2014).