The Procurement ClassRoom

JUNE 25, 2019

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.

Evaluation 52

Evaluation Price Bidding Procurement 52

Government Contracts & Investigations

SEPTEMBER 25, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]

Negotiation 98

Negotiation Price Government Contracts IT 98

Open Contracting Partnership

MARCH 28, 2024

They are encouraging dialogue about who bought what from whom to improve visibility and accountability over the spending and the improved outcomes seen in the examples provided. Solution: Open contracting fosters competition among vendors, reducing costs through competitive bidding.

Procurement 138

Procurement Framework Agreement IT Public Private Partnership 138

Federal News Network

SEPTEMBER 24, 2024

million to settle allegations that it misrepresented their commercial pricing practices and overcharged the government on VMware software products and related services purchased under the General Services Administration schedule. Carahsoft has dealt with charges of violating the False Claims Act previously. Carahsoft won more than $1.4

Collusion 144

Collusion Price Demand Bidding 144

Public Contracting Institute

MAY 8, 2024

FAR 6.401 (Sealed Bidding and Competitive Proposals) states: Sealed bidding [using an Invitation for Bids-IFB] and competitive proposals [using a Request for Proposals-RFP], as described in [FAR] parts 14 and 15 , are both acceptable procedures for use under subparts 6.1 , 6.2 ; and, when appropriate, under subpart 6.3

Bidding 52

Bidding Procurement E-procurement Negotiation 52

Public Contracting Institute

MAY 20, 2024

Government Construction Projects: Bidding and Winning Strategies for Success Government construction projects offer significant opportunities for businesses to grow and thrive. To succeed in this competitive arena, it’s essential to understand the bidding process and develop winning strategies.

Bidding 52

Bidding Government Government Negotiation 52

Federal News Network

FEBRUARY 29, 2024

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.

Contract 119

Contract Price Evaluation Bidding 119

Public Contracting Institute

JULY 5, 2024

In the complex world of government contracting, understanding and implementing Cost Accounting Standards (CAS) is crucial for success. Today, we’re diving deep into CAS 406, which focuses on establishing and adhering to cost accounting periods.

Accountability 52

Accountability Government Contracts Price Contract 52

Public Contracting Institute

JUNE 5, 2024

Offerors are sometimes distressed when an agency selects a significantly higher priced, higher technically rated proposal in a best value determination. The Government Accountability Office (“GAO”) does not agree that quantification is required. Bulova Techs, LLC, B-281384, Feb.

Price 52

Price Bidding Government Contracts Evaluation 52

Select GCR

DECEMBER 3, 2024

Want to bid on government jobs? This guide explains each step, from finding opportunities and registering in SAM, to crafting a strong bid and increasing your chances of winning contracts. Why Bid on Government Jobs? Not bidding on government jobs means missing out on a major avenue for new customers and revenue.

Bidding 52

Bidding Government Government Government Contracts 52

Federal News Network

JANUARY 4, 2024

Foes are vanquished, in this case Boston Consulting Group, losing its OASIS+ bid protest at the Government Accountability Office. 21 and the Government Accountability Office has until April 1 to decide. It’s clear that they misevaluated our bid. It’s hard for companies to bid when there is no there.

Bidding 100

Bidding E-procurement Consulting Procurement 100

Mike Purdy's Public Contracting

JUNE 22, 2017

Job Summary: This position is responsible for preparing and coordinating bid and/or proposal solicitation packages consisting of standard terms and conditions; preparing appropriate advertising; establishing vendor lists and responding to questions regarding solicitations.

Purchasing 100

Purchasing Insurance E-procurement Bidding 100

Government Contracts

OCTOBER 4, 2024

Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

Bidding 52

Bidding Price Evaluation Accountability 52

Federal News Network

MAY 16, 2024

The majority of federal government procurement is not a set and attacked by bid rigging, price fixing and fraud schemes. And what the OECD tried to do is assess how much money is lost from bid rigging, price fixing and other collusive schemes at the outset from government spending. They conspired to rig bids.

Collusion 98

Collusion Bid Rigging Procurement IT 98

Government Contracts Legal Forum

NOVEMBER 6, 2023

Government Accountability Office (GAO) released its Annual Report on Bid Protests for Fiscal Year 2023. Thus, bid protests remain an important oversight mechanism for the federal procurement system. The post GAO’s Bid Protest Sustain Rate Soars, but Is There a Catch? On October 26, 2023, the U.S. View the full article

Sustainability 52

Sustainability Bidding Evaluation Price 52

Federal News Network

MAY 30, 2024

Just this month, the Defense Pricing and Contracting unit issued a memo underscoring that authority. Dan Ramish Well, Tom, nontraditional defense contractors are defined to include all contractors that do not have a subcontract or contract subject to full cost accounting standards coverage and have not had one in the preceding year.

Supplier 82

Supplier Innovation Price Accountability 82

American City & Country

AUGUST 27, 2024

City and county governments are often key buyers of landscape equipment and supplies, says Keith McGinty , director of bids and government accounts at SiteOne Landscape Supply , a firm that sells soil maintenance products, irrigation, lighting, nursery products, tools, equipment, safety items and hardscapes in addition to landscape supplies.

Government 98

Government Government Bidding Purchasing 98

Public Contracting Institute

NOVEMBER 29, 2023

The Government Accountability Office (“GAO”) released its annual bid protest report to the Congress for fiscal year 2023 on October 26, 2023 (B-158766). percent in bid protests during calendar year 2021-2022 before the Court of Federal Claims (information given in a speech by Judge Patricia Campbell-Smith last year).

Sustainability 52

Sustainability Bidding Evaluation Government Contracts 52

Government Contracts & Investigations

FEBRUARY 29, 2024

In January 2024, the Government Accountability Office (“GAO”) published 31 bid protest decisions, two of which resulted in decisions sustaining the protesters’ challenges. Although the protester offered the lowest price, the agency found its proposal was technically unacceptable because it did not meet the new characteristics.

Bidding 52

Bidding Evaluation Sustainability E-procurement 52

Procureware

JANUARY 22, 2018

When considering all steps from start to finish, the administrative time for a bid is typically reduced by an impressive 50 to 70 percent! One of the most common questions I hear from procurement staff during implementation is, “how should the supplier bid responses be structured?” My answer is always “yes.”

Bidding 40

Bidding Buyers Evaluation Price 40

Government Contracts & Investigations

DECEMBER 6, 2023

Since the beginning of Fiscal Year 2024, the Government Accountability Office has published 35 decisions, but only two of which resulted in decisions sustaining the challenge. Below we dive into recent bid protest decisions and identify what won, what did not win, and why. In RELX, Inc. ,

Bidding 52

Bidding Sustainability Evaluation Thresholds 52

Select GCR

MAY 7, 2024

This no-nonsense guide walks you through the contracting process, from initial eligibility to bidding, and ultimately enables your small business to win contracts available every fiscal year. Registering your business with SAM (System for Award Management) is a prerequisite to start bidding for contracts. You’re in the right place!

Government Contracts 98

Government Contracts Government Government Contract 98

Open Contracting Partnership

JUNE 26, 2024

Using ACT Ai, the villager quickly discovered that each lamp post cost the district over 100,000 Thai Baht (US$3,000)—a stark contrast to the 10,000 Baht (US$300) price tag for a similar lamp post online. The villager reporting the lamp posts was one of them. million), with plans for more purchases underway.

Corruption 113

Corruption Data Procurement Collusion 113

Government Contracts & Investigations

JANUARY 19, 2024

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. Examples of G&A expenses include costs incurred for senior management, accounting, finance, human resources, information technology, business development, sales, and marketing.

Price 52

Price Government Contracts Government Government 52

Government Contracts

FEBRUARY 1, 2024

Government Accountability Office freed the U.S. Army Materiel Command from claims it unreasonably snubbed two contractors for an installation support deal in favor of a company with a more expensive bid, saying the command justified the price differential.

Bidding 52

Bidding Price Accountability Government 52

Federal News Network

DECEMBER 3, 2024

And the oversight and accountability of subcontracting efforts by prime contractors is getting more scrutiny. The Government Accountability Office’s annual report to Congress on the state of bid protests always is fascinating. Source: GAO Bid Protest Report to Congress for Fiscal 2024.

Thresholds 80

Thresholds E-procurement Accountability Procurement 80

Federal News Network

JANUARY 17, 2024

There was, as you’re writing about compliance, three recent developments companies need to know to stay on the right side of the ledger, including when low price can get you into trouble. First up, we talk so much about low price, technically acceptable in the federal government today. Larry Allen Tom.

Bidding 72

Bidding Price Government Government 72

Open Contracting Partnership

APRIL 1, 2024

Competition: A total of 14 unique contractors bid on the projects. million if median internal reference prices were used, to as much as PHP 214 million if the Department of Public Works and Highways construction materials price data were used. All except one contract (Metro Manila) had multiple bidders. Source: Kenneth S.

Budget 136

Budget Transportation Transportation Bidder 136

Federal News Network

OCTOBER 19, 2023

After two years of planning, meetings, feedback and answering almost 900 questions about the final solicitations, vendors’ bids are due tomorrow. Boston Consulting Group Federal filed a complaint with the Government Accountability Office on Aug. And now GSA is facing its first protest of OASIS+. 28 over the terms of the solicitation.

Professional Services 110

Professional Services Bidding Accountability Bidder 110

SmallGovCon

NOVEMBER 8, 2024

While the federal government uses wage determinations for many occupations that contractors must abide by, things are different with professional occupations such as physicians, accountants, engineers, and (yours truly) attorneys. The award decision would be made on a best-value tradeoff approach considering price and non-price factors.

Sustainability 90

Sustainability Evaluation Price Professional Services 90

SmallGovCon

FEBRUARY 9, 2024

For our third entry in our “Why File” series, we will be covering one of the two big bid protest routes, a “pre-award” Government Accountability Office (GAO) bid protest. But contractors may be less familiar with pre-award bid protests at GAO. What is a “pre-award” protest?

Bidding 94

Bidding Import Evaluation Contract 94

Oxford College of Procurement and Supply

JANUARY 29, 2024

The benefits of sourcing from overseas include factors such as: Access to a wider market Access to expertise and technology Lower prices If you read last month’s blog you will have discovered or been reminded of understanding the importance between price and cost.

Global Sourcing 59

Global Sourcing IT Price Supplier 59

Federal News Network

FEBRUARY 15, 2024

It was very in-depth, and it had proposals to modernize the program, one of which is to add, a level of competition to the program to ensure that the contractors are performing with excellence and that there’s a chance to do a price competition potentially every five years for the contracts. We don’t.

Procurement 82

Procurement Price Thresholds Contract 82

Federal News Network

DECEMBER 20, 2023

The Government Accountability Office recently upheld the protest of a contract award from the Defense Intelligence Agency. And then assuming you passed, they would assess you based on technical approach and capability, and price. Price was a typical submitted a proposal submission, but for technical approach and capability.

Bidder 71

Bidder Price Sustainability Evaluation 71

Fox Rothschild: Government Contracts

JANUARY 3, 2024

The general rule ( FAR 14.404-1(a) ) is that – once a solicitation is put out for bid – the agency must award the contract to the responsible bidder with the lowest responsive bid. This defense is only available where the agency can show that the bids received were unreasonably high.

Bidding 59

Bidding Bidder Negotiation Procurement 59

Open Contracting Partnership

SEPTEMBER 3, 2024

Their business facilitates access to procurement information, providing powerful analytics that help companies to search for new opportunities, prepare bids, and evaluate their performance on past tenders. According to the World Bank, public contracts account for 15% of global GDP. Our platform is updated throughout the day.

Data 57

Data Public Procurement Tender Price 57

Tendersinfo

APRIL 8, 2021

Most Economically Advantageous Tender (MEAT) is the measure for selecting the best out of the incoming bids based on factors that are related to the subject matter of the contract. It takes into account components like Cost, Quality, and Technicality of various bid proposals while deciding a contract award.

Procurement Team 52

Procurement Team Evaluation Tender Procurement 52