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Price Reasonableness Analysis: A Bid Evaluation Stage in Public and Project Procurement

The Procurement ClassRoom

Price analysis can be considered a stage of bid evaluation depending on the provisions of a legal and regulatory framework. It is an assessment of the evaluated price of a responsive bid to ascertain that it is not unreasonably high nor unreasonably low, but fair enough to the procuring entity and the supplier.

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GAO’s 2023 Bid Protest Report: More Than Meets the Eye

GovCon & Trade

From 2019 to 2022, the sustain rate hovered around 13-15%. The report details the most popular reasons for sustaining protests over the prior year: 1) unreasonable technical evaluation; 2) flawed selection decision; and 3) unreasonable cost or price evaluation. Increase in the sustain rate. Most prevalent protest grounds.

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Competing global supply chain approaches

Federal News Network

The BAA, however, is a price evaluation preference, which means if the price of a Chinese product is low enough, the federal government will buy that product. For large business offerors, the price preference added to non-domestic offers is 20%, and for small business offerors, it is 30%.

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Sen. Ernst hopeful about fixes to small business contracting

Federal News Network

chairman of Homeland Security and Governmental Affairs Committee, and Joni Ernst (R-Iowa), ranking member of the Small Business and Entrepreneurship Committee, are trying to correct a misunderstanding of congressional intent when it comes to how and when agencies should consider price when reviewing proposals for contracts.

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Ivalua Named A Leader in Gartner’s 2019 Magic Quadrant for Procure-to-Pay Suites

ivalua

Redwood City, CA – August 5, 2019 – Ivalua, a global leader in spend management, today announced that it has been named a Leader in the 2019 Gartner “ Magic Quadrant for Procure-to-Pay Suites. Product information, pricing and availability is real-time as suppliers are engaged in the process by linking their sites to Ivalua.

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Ivalua Named A Leader in Gartner’s 2019 Magic Quadrant for Procure-to-Pay Suites

ivalua

Redwood City, CA – August 5, 2019 – Ivalua, a global leader in spend management, today announced that it has been named a Leader in the 2019 Gartner “ Magic Quadrant for Procure-to-Pay Suites. Product information, pricing and availability is real-time as suppliers are engaged in the process by linking their sites to Ivalua.

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Navy’s journey to new procurement system remains in peril

Federal News Network

30, 2026, according to a 2020 memo from Kim Herring, the then-acting principal director of the Office of Defense Contract and Pricing. In August 2019, it awarded CGI a 10-year, $222.9 Those are the three most common evaluation criteria,” he said. million contract to build the system, only to cancel it two years later.