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

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?

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Bidding Bidder Evaluation Price 40

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.

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Bidding IT Price Evaluation 100

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.

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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

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?

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Tender Bidding Bidder Competitive Bidding 52

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.

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Evaluation Bidding Bidder Price 40

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?

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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

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%.

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Bidding Bidder Price Procurement 40

Tracker Intelligence

SEPTEMBER 26, 2024

Tendering is the act of offering bids in construction-related contracts with significant stakeholders such as the government, commercial developers or contractors. Public sector bids are often released by government agencies, whereas private sector tenders are offered by businesses or developers.

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Tender Bidding Negotiation Price 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.

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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.

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Collusion Bid Rigging Procurement IT 111

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).

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Budget Transportation Transportation Bidder 136

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

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

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Data Public Procurement Tender Price 57

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.

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Bidding E-procurement Consulting Procurement 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.

E-procurement 52

E-procurement Price 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.

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Contract Bidder Bidding Evaluation 104

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.

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Procurement Bidder Procurement Strategies Evaluation 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.

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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

Federal News Network

OCTOBER 2, 2024

Three times the losing bidder protested. It wasn’t on the pricing. It wasn’t on the services offered, but the format of the bid. So what what are the lessons learned here then, for bidders? Suppose there had been an organizational conflict of interest in the winning bidder. Tom Temin Right.

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Bidder Balance Procurement IT 105

Federal News Network

OCTOBER 21, 2024

It’s going to be a tight turnaround for potential bidders to submit their comments on the Army’s latest draft, issued on Oct. After that, officials are planning one more draft RFP, and then an industry day on November 7 before the final version of the solicitation that vendors will bid on. 11; the deadline is this Friday.

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Contract Evaluation Bidding Bidder 64

Naomi Clews Consultancy

JULY 20, 2023

​ Suppliers told the NAO that high bid costs, lack of confidence in evaluation and a lack of feedback had detered them from bidding on future Government contracts. The expected level of single bidders within UK government’s major markets was not assessed.

Framework Agreement 52

Framework Agreement Public Procurement Supplier 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.

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Transparency Bidding Bidder Tender 40

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.

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Government Contracts Government Government Contract 52

Federal News Network

APRIL 30, 2024

The biggest one is, as you well know, when a contractor bids on a government solicitation, frequently, one of the requirements is to name and put resumes in of the key personnel, that are going to be performing that work if you win, especially in the services contract arena. Tom Temin Especially in markets where prices are falling.

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Bidding Professional Services Sustainability Capacity 119

Procureware

DECEMBER 29, 2017

My favorite new features for 2017 include: • API • Approval workflows • Certifications • Connected bid events • Invite unregistered bidders • My Dashboard • PDF reports • Ranked reverse auction • Supplier view of contracts API Long before ProcureWare was developed, we envisioned an application that would easily connect to other business systems.

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Bidder Supplier Bidding Buyers 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

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Professional Services Bidding Accountability Bidder 116

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.

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Procurement Bidder Price Import 52

Federal News Network

DECEMBER 8, 2023

TRANSCOM later rescinded that decision amid a series of bid protests and what the Government Accountability Office said were “pervasive” violations of procurement law.

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Integration Integrity IT Transportation 105

Curbing Corruption in Government Contracting

JANUARY 21, 2020

the quantity and depth of new information) and whether new information is actionable for key stakeholders such as bidding firms; and (ii) the nature of demand for transparency, that is the existence of data users who are willing and able to act upon the information published. However, the average number of received bids increases by 0.5

Bidder 40

Bidder Transparency Contract Public Procurement 40

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.

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Negotiation Bidder Bidding Price 40

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.

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Government Government Contract Bidding 52

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.

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Public Procurement Procurement Bidder Tender 40