The Procurement School

OCTOBER 6, 2023

Step 3 Posting Once the procurement document is developed and approved it is posted online for bidders to respond. In instances, such as a limited number of potential bidders, a complex procurement or a new or innovative concept a procurement may be posted longer to attract more bidders.

Bidder 52

Bidder Procurement Evaluation Bidding 52

The Procurement ClassRoom

JUNE 3, 2019

What is bid validity? For the sake of simplicity and to avoid unnecessary repetition, we will refer from this point forward only to “ bid validity ”, but it must be understood that we are referring to the validity of a bidder’s offer , be it a bid or a proposal. What is the bid validity period used for?

Bidding 40

Bidding Bidder Evaluation Price 40

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

Government Contracts Legal Forum

NOVEMBER 21, 2023

The following is an installment in Crowell & Moring’s 2023 Bid Protest Sustain of the Month Series. All through 2023, Crowell’s Government Contracts Practice will keep you up to date with a summary of the most notable bid protest sustain decision each month.

Sustainability 52

Sustainability Bidding Bidder Evaluation 52

Mike Purdy's Public Contracting

FEBRUARY 24, 2015

What's the difference between a Bid and a Proposal, or between an Invitation to Bid and a Request for Proposals (RFP)? Invitation to Bid: Public agencies that issue an Invitation to Bid (or a Request for a Quote) have defined a specific scope of work for which they are requesting bid prices.

Bidding 100

Bidding IT Price Evaluation 100

GovLoop

JANUARY 12, 2024

Unfortunately, the nature of the low-bid methodology in government contracting invites the possibility of cost overruns. It puts out a call for proposals, and contractors submit their bids for what it would cost them to do the work. The government, wanting to spend wisely, is often going to choose the lowest bidder. An example?

Bidder 52

Bidder Bidding Price Government Contracts 52

LexBlog: Contracts & Procurement

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.

Bidder 52

Bidder Bidding Negotiation Procurement 52

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. Often prices fall, says Diegues, when a government only holds an annual tender and the products are ordered in large volumes. “As

Data 55

Data Public Procurement Tender Price 55

The Procurement ClassRoom

APRIL 24, 2016

During the bidding process, it is customary to require interested bidders to provide a bid security or bid securing declaration along with their bid. What is a bid security? A bid security may be a fixed monetary sum or a percentage of the bid price, usually less than 5%.

Bidding 40

Bidding Bidder Price Procurement 40

The Procurement School

APRIL 22, 2024

A lack of clarity will be reflected in the quality of the solicitation document, the evaluation criteria and the bid submissions. In the above example success is measured by the bidder meeting the technical specifications, including on time delivery at or below the approved procurement value. Determine the Procurement Approach.

Procurement 52

Procurement Market Analysis Bidder Public Procurement 52

The Procurement School

JULY 16, 2024

One of the greatest sources of contract disputes is how to handle price increase requests where there is no clear contract language. The best method is an evidence-based approach showing the underlying cause of the price increase. The bidder has the opportunity and the obligation to review the proposed contract before submitting a bid.

Efficiency 52

Efficiency Procurement Contract Supplier 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 107

Collusion Bid Rigging Procurement IT 107

Open Contracting Partnership

APRIL 1, 2024

Competition: A total of 14 unique contractors bid on the projects. All except one contract (Metro Manila) had multiple bidders. million by having multiple bidders. Seven suppliers were awarded contracts. Over 50% of the total award value (PHP 573 million) was awarded to one supplier (Philippine Chemsteel Industries, Inc).

Budget 132

Budget Transportation Transportation Bidder 132

Tracker Intelligence

FEBRUARY 8, 2024

This article provides a comprehensive guide for consultancies on improving their chances of success when bidding for management consulting tenders, whether from government entities, NGOs, or private sector companies. Winning management consultancy contracts via competitive tender can be lucrative yet challenging.

Tender 52

Tender Consulting Management Bidding 52

The Procurement School

JANUARY 22, 2024

The following article outlines nine points to consider as part of the procurement planning process which will help to reduce procurement risk, increase confidence in the procurement document and avoid a potential bid dispute. This includes clients, current vendors and unsuccessful bidders of previous similar procurements.

Procurement 40

Procurement Procurement Contracts Bidder Contract 40

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. Along with ePS-NDVSB, other bidders may have included Amazon and Granger. It’s clear that they misevaluated our bid. GSA is expected to make anywhere between 6 and 8 awards.

Bidding 105

Bidding E-procurement Consulting Accountability 105

Government Contracts & Investigations

FEBRUARY 29, 2024

Now, we want to share some insights we gained while conducting the same analysis of bid protest decisions at the Court of Federal Claims (“COFC” or the “Court”). Pre-Award Protests Unreasonable Bidder Qualification Requirements In two protests, the Court found the agencies imposed unreasonable qualifications on bidders.

Price 52

Price E-procurement Bidder Evaluation 52

Federal News Network

JANUARY 4, 2024

That will mean continued protests by disappointed bidders. Dan Ramish Yes, this procurement was very notable for the number of big protests, so many protests that set new records and broke the GAO’s bid protests statistics for the year. You can learn a lot from protests that have already been settled. Dan Ramish Yeah.

Contract 91

Contract Bidder Evaluation Bidding 91

The Procurement School

NOVEMBER 16, 2023

Author: Helen Doucette “Accept the bid from ABC Company” said the VP of Finance to the Director of Procurement. “I According to the Competitive Bidding Law of Canada, we can only accept compliant bids. Had the Director accepted the late bid, their reputation would be tarnished forever. I cannot” replied the Director. “Why

Ethics 98

Ethics Import Procurement Public Procurement 98

The Procurement School

MAY 27, 2024

Even more so now, seasoned professionals in the construction industry have seen budgets disrupted considerably by fluctuations in pricing and lead times that have shredded carefully drafted cost estimates and project schedules. This risk absorption is directly reflected in bid prices.

Public Procurement 52

Public Procurement Total Cost of Ownership Collaboration Budget 52

The Procurement School

SEPTEMBER 15, 2023

Once the above steps are completed the procurement resource will have identified the type of procurement method, the associated risks and mitigation strategy, RFx scope and deliverables, required disclosures, evaluation criteria and pricing strategy. A mandatory is a mandatory and if a bidder fails it generally cannot proceed further.

Procurement 52

Procurement Bidder Procurement Strategies Evaluation 52

Select GCR

SEPTEMBER 10, 2024

Learn the ins and outs of maintaining compliance, crafting a competitive bid, and positioning your business for growth through federal opportunities, all through the lens of SAM’s pivotal role in government procurement. Bidding and Proposal Submission Submitting competitive bids and proposals is a critical step in securing federal contracts.

Government Contracts 52

Government Contracts Government Government Contract 52

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

GovSpend

APRIL 5, 2023

These solicitations can take the form of requests for proposals (RFPs), requests for quotes (RFQs), or invitations to bid (ITBs). Submission of bids: Businesses can submit bids in response to solicitations, outlining their proposed solutions and pricing.

Government 52

Government Government E-procurement Bidding 52

GovSpend

APRIL 5, 2023

These solicitations can take the form of requests for proposals (RFPs), requests for quotes (RFQs), or invitations to bid (ITBs). Submission of bids: Businesses can submit bids in response to solicitations, outlining their proposed solutions and pricing.

Government 52

Government Government E-procurement Bidding 52

Procureware

APRIL 12, 2019

Step 1: Post Solicitations Online Public notification of bid opportunities is a cornerstone of public procurement in most developed countries. Vancouver also provides a budget estimate and a bidders list. An integrated notification system is key and should send an email when a bid opportunity is available and when addenda are posted.

Transparency 40

Transparency Bidding Bidder Tender 40

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. She said GSA developed the acquisition vehicle to focus around whether a company can meet the technical requirements and has a fair and reasonable price. “I

Professional Services 115

Professional Services Bidding Accountability Bidder 115

Mercell

SEPTEMBER 12, 2018

Scoring, especially price scoring 7. Simulate (before engaging with bidders) 8. Worried to defend non-price criteria 3. Will result in higher priced bids 4. Why Best Value? Importance of early procurement involvement 3. How to determine criteria 4. Importance of scale 5. Assigning weights 6.

Procurement 52

Procurement Bidder Price Import 52

Government Contracts & Investigations

SEPTEMBER 28, 2023

If the answer is “yes”—or even “maybe”—healthcare companies may file a bid protest at the Government Accountability Office (“GAO”) or the U.S. So which arguments do win bid protests of healthcare-related contract awards? Court of Federal Claims (“COFC”) challenging the award. In Ohio KePRO, Inc. , 2021 CPD ¶ 325 (Nov.

Government 52

Government Government Contract Bidding 52

Procureware

MAY 3, 2018

But if they aren’t designed properly, RFPs can backfire, leading to low response rates, poor bidder fit or proposals that are time consuming to evaluate. Buyers sometimes feel tempted to be vague in RFPs in the hope it will draw varied and innovative solutions from bidders. Avoid relying on generic boilerplate language.

Negotiation 40

Negotiation Bidder Bidding Price 40

The Procurement ClassRoom

JUNE 21, 2015

They are also needed to prepare the solicitation (bidding/ tender ) documents. Extension of Bid or Proposal Submission Date The bid or proposal submission period may need extending, causing delay in awarding the contract. Delay in Opening Bids or Proposals Received Bids and proposals have a set deadline for submission.

Public Procurement 40

Public Procurement Procurement Bidder Tender 40

Procurement Notes

OCTOBER 10, 2022

Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”), September 13 Consumer Price Index (“CPI”) Summary states that “[o]ver the last 12 months, the all items index increased 8.3 1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7

Government 40

Government Government Price Contract 40

Procurement Notes

JULY 28, 2021

Jay Blindauer Bid protests are crucial to the proper functioning of the procurement system. For today’s overworked Contracting Officer (“CO”), the bid protest is the only real disincentive to perfunctory contract award decision-making. Indeed, it is only the possibility of a bid protest that provokes adequate diligence.

Bidding 40

Bidding E-procurement Procurement Evaluation 40

Procureware

NOVEMBER 16, 2017

They host requests for bids and tenders from buyers and allow vendors to submit bids to multiple organizations. And the pricing under these contracts may not be the absolute lowest. In this article we’ll explore the available options and show the advantages and disadvantages of each.

Evaluation 40

Evaluation Networking E-procurement Supplier 40

The Procurement ClassRoom

MARCH 26, 2019

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.

Evaluation 40

Evaluation Bidding Bidder Price 40

Tracker Intelligence

FEBRUARY 28, 2024

A formal call for bids on a project, known as a tender, initiates the bidding process among prospective contractors. This process includes several crucial steps: tendering by the bidders, bid evaluation by the client and award of the contract to the successful bidder. What is a Tender Document in Construction?

Tender 52

Tender Bidding Bidder Competitive Bidding 52

Procurement Notes

JUNE 15, 2021

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] 18] Further, looking at 41 U.S.C. 3703 , 10 U.S.C.

Bidding 40

Bidding E-procurement Procurement Negotiation 40