GovCon & Trade

FEBRUARY 28, 2024

On December 21, the Government Accountability Office (GAO) dismissed a protest by ELS, an unsuccessful bidder on a Department of Defense (DOD) task order opportunity, concluding that it did not have jurisdiction to consider it. The protestor’s proposed price was $30,478,050, and its total evaluated price was $30,566,297.

Bidding 147

Bidding Thresholds Price Evaluation 147

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. So there’s a complete transformation occurring.”

Integrity 105

Integrity Integration IT Transportation 105

Open Contracting Partnership

APRIL 1, 2024

All except one contract (Metro Manila) had multiple bidders. million by having multiple bidders. 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. We owned this budget.

Budget 136

Budget Transportation Transportation Bidder 136

Public Contracting Institute

JANUARY 31, 2024

The purpose of the extension is to freeze prices while the agency makes its selection, or takes other action. Increasing prices as part of an offeror’s extension will disqualify that offer. Instead of extending its bid (at the bid prices), Global submitted a revised bid with approximately a 2 percent price increase.

Price 52

Price Bidding Bidder Competitive Bidding 52

Federal News Network

DECEMBER 3, 2024

More NITAAC news, though it’s not what every bidder wants to hear — or maybe it is — director Brian Goodger has moved on to take a new role as the head of contracting activity at the Health Resources and Services Administration (HRSA). In 2023, GAO received more than 350 protests alone over CIO-SP4.

Thresholds 102

Thresholds E-procurement Accountability Procurement 102

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). Currently, any offeror on a HUBZone set-aside can bring a HUBZone protest, per 13 C.F.R. Another proposed update is for 13 C.F.R.

Price 105

Price Bidder Evaluation Procurement 105

Open Contracting Partnership

APRIL 16, 2025

The average number of bidders per lot rose from 3.16 This undermines business confidence, leading to low competition and higher prices for goods and services. Some buyers colluded with suppliers to procure goods with such pseudo-intellectual property through non-competitive procedures at inflated prices. in 2021 to 4.2

Procurement 52

Procurement Public Procurement Tender E-procurement 52

Telles.eu

JULY 3, 2023

However, the maintenance shed is not subject to any specific award criteria, although it can be argued it is part of the price criterion. But bearing in mind the lack of specific criteria to assess the shed and that this is not lowest price only tender, the shed itself appears more to be a condition for performance than anything else.

Tender 100

Tender Bidder Manufacturing Award Criteria 100

Select GCR

DECEMBER 3, 2024

Government agency programs like the GSA Schedules provide long-term contracts, allowing businesses to sell commercial products and services at pre-negotiated prices, simplifying the purchasing process. For first-time bidders, preparation costs can range from $80,000 to $130,000. This set-aside policy translates to approximately $145.7

Bidding 52

Bidding Government Government Buyers 52

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

Federal News Network

JANUARY 4, 2024

That will mean continued protests by disappointed bidders. And after amending the solicitation 16 times, the agency received proposals from 1,150 bidders. Tom Temin It sounds like NIH wanted to create a marketplace with as many bidders as they could fit in. You can learn a lot from protests that have already been settled.

Contract 102

Contract Bidder Bidding Evaluation 102

Federal News Network

OCTOBER 2, 2024

Three times the losing bidder protested. It wasn’t on the pricing. Three times the CIA awarded a contract for medical services to the same company. Finally a court said the protestor might be right. But it let the CIA go ahead with the original award anyway. Learn more about your ad choices. Tell us more. They got three offers.

Bidder 105

Bidder Balance Procurement IT 105

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

OCTOBER 19, 2023

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 “We do not plan on extending the proposal due date,” Hixson said during a webinar yesterday sponsored by ACT-IAC. “I And now GSA is facing its first protest of OASIS+.

Professional Services 116

Professional Services Bidding Accountability Bidder 116

GovLoop

JANUARY 12, 2024

The government, wanting to spend wisely, is often going to choose the lowest bidder. Whether by design or inadvertence, that low bid doesn’t reflect the real price of the work, and soon, the change orders start rolling in. This can lead to time delays and rising expenses, along with potentially impact mission-critical operations.

Bidder 52

Bidder Bidding Price Government Contracts 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. A bid security may be a fixed monetary sum or a percentage of the bid price, usually less than 5%. The bid securing declaration is a non-monetary form of bid security.

Bidding 40

Bidding Bidder Price Procurement 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. However, as is usually the case, there are exceptions. The full list of potential justifications is available at FAR 14.404-1(c).

Bidding 59

Bidding Bidder Negotiation Procurement 59

Federal News Network

JANUARY 4, 2024

Along with ePS-NDVSB, other bidders may have included Amazon and Granger. GSA said this requirement was to ensure price reasonableness of the services any one company is offering. This episode starts with the departure of a leading man, Sonny Hashmi, the commissioner of the Federal Acquisition Service on Dec.

Bidding 105

Bidding E-procurement Consulting Procurement 105

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

The Procurement School

NOVEMBER 16, 2023

To accept the bid would put the organization at risk of being sued by all the other 6 compliant bidders for the value of this contract of $9 million plus up to 2 years of lost profit”, the Director replied. “I They discuss the price the employee pays for their due diligence. ABC’s was late and deemed non-compliant. Stay or go?

Ethics 98

Ethics Import Procurement Public Procurement 98

Tracker Intelligence

FEBRUARY 28, 2024

This process includes several crucial steps: tendering by the bidders, bid evaluation by the client and award of the contract to the successful bidder. Customers may select the best offer from submitted tenders based on quality, price, and terms thanks to its transparency, equity, and efficiency of the tender process.

Tender 52

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).

Bidding 40

Bidding Bidder Evaluation Price 40

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

Select GCR

DECEMBER 10, 2024

This includes attending public meetings, sponsoring professional association events, and using cooperative language paired with a menu of pricing options. Interested parties, including losing bidders, can appeal the SBAs size determination to the Office of Hearings and Appeals. As a result, they cannot proceed with that opportunity.

Government 52

Government Government Buyers Government Contracts 52

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. In KPMG, LLC v.

E-procurement 52

E-procurement Price Bidder Evaluation 52

The Procurement School

APRIL 22, 2024

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. If there is a good understanding of the number of potential bidders and their capacity this minimizes the requirement for market analysis.

Procurement 52

Procurement Market Analysis Bidder Public 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.

Evaluation 40

Evaluation Bidding Bidder Price 40

Public Contracting Institute

MAY 8, 2024

The Corps canceled the IFB citing that all bids were at unreasonable prices and cancellation was in the public interest. these parts require full and open competition, full and open competition after exclusion of sources and other than full and open competition, respectively] (a) Sealed bids. b) Competitive proposals. []1)

Bidding 52

Bidding Procurement E-procurement Negotiation 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. However, as is usually the case, there are exceptions. The full list of potential justifications is available at FAR 14.404-1(c).

Bidder 52

Bidder Bidding Negotiation Procurement 52

Federal News Network

APRIL 30, 2024

Non-compete clauses have been an important tool for companies to protect intellectual property and ensure they get treated fairly when employees leave. Now the Federal Trade Commission has voted to ban non-compete agreements. Presuming it holds up in court, and that’s a big if, what could it mean for federal contractors? Your approach.

Bidding 119

Bidding Professional Services Sustainability Capacity 119

Open Contracting Partnership

SEPTEMBER 3, 2024

Identifying what’s valuable The unit price in a procurement procedure is the fundamental variable that B2Gov always strives to provide their clients. Their market studies have identified reference prices ranging from 1 million to 15 million Argentinian pesos (from US$1,119 to $16,840, as of 28 May, 2024). Diegues says.

Data 57

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.

Bidder 40

Bidder Supplier Bidding Buyers 40

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. The NAO published a scathing report on 12 January 2024. Supply Chain calculated its reported savings against the £2.4

Supply Chain 64

Supply Chain Procurement Price Efficiency 64

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

Tendersinfo

APRIL 8, 2021

It is well updated in the Tender Document about the above metrics based on which the successful bidder will be announced and also the weightage that each one of the criteria holds. The second part involves the financial review of the cost of each tender as compared to the lowest price offered.

Procurement Team 52

Procurement Team Evaluation Tender Procurement 52

Tracker Intelligence

FEBRUARY 12, 2025

It outlines pricing, service quality and other key details. It is not always about the lowest price but also about quality, experience, and value for money when selecting the best supplier for the job. The factors that are kept in mind include price, quality, delivery time and corporate social responsibility.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

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 Budget Collaboration 52