Mike Purdy's Public Contracting

FEBRUARY 24, 2015

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. Making the decision of award will be based on price alone. will be awarded the contract. How much is price worth?

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Bidding IT Price Evaluation 100

Public Contracting Institute

JANUARY 31, 2024

FAR 52.214-16, Minimum Bid acceptance Period: the contracting officer inserts a time period in that clause, similar to Form 33 above; or A time period set forth somewhere else in the text of the solicitation. The purpose of the extension is to freeze prices while the agency makes its selection, or takes other action.

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Price Bidding Bidder Competitive Bidding 52

Select GCR

DECEMBER 3, 2024

This guide explains each step, from finding opportunities and registering in SAM, to crafting a strong bid and increasing your chances of winning contracts. Discover how to navigate the process and secure government contracts for your business. Why Bid on Government Jobs? Why Bid on Government Jobs?

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Bidding Government Government Buyers 52

SmallGovCon

SEPTEMBER 17, 2024

SBA’s proposed rule would change HUBZone protests appeals, principal office requirements (which we did discuss a bit before here ), HUBZone map concepts, and the HUBZone price evaluation preference (PEP). PEP (Price Evaluation Preference) Finally, we look at proposed changes to the HUBZone PEP. within 30 calendar days.”

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Price Bidder Evaluation Procurement 105

GovCon Wire

MAY 24, 2024

million firm-fixed-price contract from the U.S. The Department of Defense said Thursday the Orlando, Florida-based contractor, which won against three other bidders, is expected to complete the project by May 28, Conti Federal Services has secured a $135.5

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Bidder Contract Price Engineering 52

Federal News Network

JANUARY 4, 2024

Whether Congress passes a 2024 budget or not, federal agencies will continue to engage in contracting. That will mean continued protests by disappointed bidders. And after amending the solicitation 16 times, the agency received proposals from 1,150 bidders. You can learn a lot from protests that have already been settled.

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Contract Bidder Bidding Evaluation 82

The Procurement School

JULY 16, 2024

Contract Management is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contract management and its role in procurement efficiency.

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Efficiency Procurement Contract Supplier 52

Select GCR

DECEMBER 10, 2024

This guide breaks down the crucial steps: identifying contracting opportunities, understanding procurement processes, and building relationships with government buyers. Dive in to learn strategies that can help you secure lucrative government contracts. Want to start selling to governments but dont know where to begin?

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Government Government Buyers Government Contracts 52

Federal News Network

DECEMBER 8, 2023

Unlike previous setbacks, the latest stumbling block isn’t related to the numerous legal challenges that have faced the Global Household Goods contract (GHC), which is worth up to $17.9 billion over nine years. This time, IT integration problems are to blame. Officials at U.S.

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Integrity Integration IT Transportation 104

Federal News Network

MAY 16, 2024

And then finally, I think I would be remiss if I didn’t mention the people who are really there the procurement officers, the contracting officers, the people in government whose day-to-day job is buying stuff. The majority of federal government procurement is not a set and attacked by bid rigging, price fixing and fraud schemes.

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Collusion Bid Rigging Procurement IT 100

Federal News Network

OCTOBER 21, 2024

The Army wants to create a huge new ID/IQ contract to modernize the way it buys and builds software — and it’s not wasting any time. It’s going to be a tight turnaround for potential bidders to submit their comments on the Army’s latest draft, issued on Oct. 11; the deadline is this Friday. I have zero patience.

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Contract Evaluation Bidding Bidder 63

Federal News Network

JANUARY 4, 2024

29, and addition of a new (yet to be known major or minor) character, Eric Mill, as executive director for cloud strategy in GSA’s Technology Transformation Service, and the ongoing story arc of the status of several new governmentwide contracts. 23 when the current contracts with Amazon, Fischer Scientific and Overstock expired.

Bidding 101

Bidding E-procurement Consulting Procurement 101

Federal News Network

OCTOBER 19, 2023

Friday is the end of the beginning for the General Services Administration’s years’ long effort to develop the OASIS+ professional services contract. That’s a pretty unique feature of this indefinite delivery, indefinite quantity (IDIQ) contract. I’m not really sure that message has really gotten out completely.

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Professional Services Bidding Accountability Bidder 111

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. The defense is among those listed at FAR 14.404-1 and it is logical that an agency cannot award contracts that exceed available funding.

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Bidding Bidder Negotiation Procurement 59

Government Contracts

JANUARY 9, 2024

Army made a flawed analysis of bidders' pricing in a contest to provide waste disposal services at a Kansas base, a Court of Federal Claims judge concluded the error would not have disqualified the winning vendor. Although the U.S.

Bidder 40

Bidder Price Contract 40

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. A bid security may be a fixed monetary sum or a percentage of the bid price, usually less than 5%. What is a bid security?

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Bidding Bidder Price Procurement 40

Tracker Intelligence

FEBRUARY 28, 2024

Introduction to Construction Tenders Securing lucrative contracts in the dynamic engineering and construction industry requires an understanding of the tendering process. This process includes several crucial steps: tendering by the bidders, bid evaluation by the client and award of the contract to the successful bidder.

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Tender Bidding Bidder Competitive Bidding 52

The Procurement ClassRoom

JUNE 3, 2019

When a bidder submits a bid or proposal in response to an invitation for bids or a request for proposals , they need to commit to their bid (this is done on the bid or proposal submission form) and also to how long the bid / proposal can be considered effective (this is what is commonly called the bid or proposal validity period).

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Bidding Bidder Evaluation Price 40

Select GCR

SEPTEMBER 10, 2024

Diving into government contracting with SAM requires a clear roadmap to success. SAM.gov stands as a crucial portal for businesses seeking federal contracts. This article delivers a concise guide on effectively using SAM, from completing your registration to enhancing your contracting strategy.

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Government Contracts Government Government Contract 52

GovLoop

JANUARY 12, 2024

Unfortunately, the nature of the low-bid methodology in government contracting invites the possibility of cost overruns. The government, wanting to spend wisely, is often going to choose the lowest bidder. An example? Let’s say a military installation needs to build a new barracks. Project costs escalate rapidly.

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Bidder Bidding Price Government Contracts 52

Public Contracting Institute

MAY 8, 2024

The Federal Acquisition Regulation (“FAR”) gives contracting officers significant flexibility in selecting the procurement method they choose to use. Competitive proposals will therefore be used for these contracts unless discussions are not required and the use of sealed bids is otherwise appropriate. b) Competitive proposals. []1)

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Bidding Procurement E-procurement Negotiation 52

Curbing Corruption in Government Contracting

JANUARY 21, 2020

Measuring the benefits of open contracting: Case studies on Mexico, Paraguay, and Slovakia. They were selected based on the implementation of recent open contracting reforms and the availability of procurement data for both before and after the reforms. Fazekas, M. & & Tóth, B.

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Bidder Transparency Public Procurement Contract 40

Government Contracts & Investigations

FEBRUARY 29, 2024

These notable pre-award victories are broken down into three basic categories: (1) unreasonable bidder qualification requirements; (2) unreasonable elimination from competition; and (3) improper solicitation requirements. Notably, half of the successful protests before the COFC in FY23 were pre-award protests.

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E-procurement Price Bidder Evaluation 52

The Procurement School

SEPTEMBER 15, 2023

Areas to consider include objectives, background, scope, constraints, deliverables, timing, approvals, policy and legislative requirements, evaluation criteria and methodology and contract management including KPIs. 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

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. The defense is among those listed at FAR 14.404-1 and it is logical that an agency cannot award contracts that exceed available funding.

Bidder 52

Bidder Bidding Negotiation Procurement 52

Federal News Network

OCTOBER 2, 2024

Three times the CIA awarded a contract for medical services to the same company. Three times the losing bidder protested. It wasn’t on the pricing. 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 92

Open Contracting Partnership

SEPTEMBER 3, 2024

Her passion for helping others understand government contracting led her to join forces with data scientist Marcelo Blanco and establish B2Gov. Participating in public contracting represents a massive opportunity for businesses, but one that many fail to seize. Paola Diegues is a self-proclaimed public procurement enthusiast.

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Data Public Procurement Tender Price 57

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

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

The Procurement ClassRoom

MARCH 26, 2019

Lowest Responsive Evaluated Bid versus Lowest Priced Bid Newbies to Public Procurement are usually confused when it comes to the difference between lowest responsive evaluated bid and lowest priced bid. Therefore, the bid recommended for contract award may not necessarily be the bid with the lowest read-out price.

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Evaluation Bidding Bidder Price 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

In a business where every contract award matters, healthcare contractors should be aware that they may have a second chance at winning a contract if the government agency made a material error in its procurement process. So which arguments do win bid protests of healthcare-related contract awards? B-421325, 2023 CPD ¶ 74 (Mar.

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Government Government Contract Bidding 52

How to Crack a Nut

FEBRUARY 8, 2024

billion target by using 2015-16 prices as its baseline. Even if prices had not reduced in any year compared with the year before, a saving was reported as long as prices were lower than that of the baseline year. As part of the procurement, bidders were asked to provide contractual savings targets for each year.

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Supply Chain Procurement Price Efficiency 64

The Procurement ClassRoom

JUNE 21, 2015

Such delays may damage the Procuring Entity ’s reputation and are a waste of scarce public resources; additionally, contracts are not awarded on time and this results in poor delivery of public goods and services. Bidders often hand-in their bids or proposals on the date of submission and wait to attend the opening.

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Public Procurement Procurement Bidder Tender 40

Tracker Intelligence

DECEMBER 16, 2024

Competition in public procurement is not limited to financial competition; it is a key source of innovation and guarantees the fair allocation of public contracts. Without competitive bidding, prices go up, and the quality of goods and services languishes. Robust competition in public procurement can bring these promising outcomes.

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Public Procurement Procurement Tender Framework Agreement 52

Tracker Intelligence

FEBRUARY 22, 2025

Government expenditure through public procurement is essential since it ensures that there are contracts available to be bid in a fair, open, and competitive manner. How Transparency is Ensured in Procurement Transparency is achieved through open contract notices, public tenders, and clear evaluation criteria.

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Public Procurement Transparency Procurement Tender 52

Tracker Intelligence

FEBRUARY 8, 2024

Winning management consultancy contracts via competitive tender can be lucrative yet challenging. Follow our advice on understanding tender technical requirements, exhibiting your expertise, avoiding common mistakes, and beating out rival bidders for these complex and demanding RFPs. we should internally link to our Tenders product).

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Tender Consulting Management Bidding 52