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

Government Contracts

JANUARY 26, 2024

Government Accountability Office rejected a medical firm's efforts to again upend a pending $44 billion defense contract for professional medical services, saying the Defense Health Agency's revamped evaluation methodology appropriately accounted for bidders' proposed pricing.

Bidder 52

Bidder Price Accountability Evaluation 52

The Procurement ClassRoom

JUNE 19, 2024

Opportunity for Questions: These meetings provide a platform for prospective bidders or consultants to ask questions and seek clarifications. Cost Considerations: Holding these meetings in accessible locations can reduce travel costs for participants, potentially reflecting positively in their bid prices.

Bidding 52

Bidding Bidder Consulting Participation 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.

Price 86

Price Bidder Evaluation Procurement 86

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

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. Seven suppliers were awarded contracts.

Budget 135

Budget Transportation Transportation Bidder 135

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

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

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

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.

E-procurement 52

E-procurement Price Bidder Evaluation 52

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. It puts out a call for proposals, and contractors submit their bids for what it would cost them to do the work.

Bidder 52

Bidder Bidding Price Government Contracts 52

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

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

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

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. million and the amount of funds ($60.4

Bidding 52

Bidding Procurement E-procurement Negotiation 52

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). Was it 120, 150 or 200?

Data 56

Data Public Procurement Tender Price 56

The Procurement School

JANUARY 22, 2024

This includes clients, current vendors and unsuccessful bidders of previous similar procurements. Time to Respond Bidders should be provided with sufficient time to review the procurement document, ask questions and submit a bid. Posting for complex, unique or highly technical procurements should be increased to attract more bidders.

Procurement 40

Procurement Procurement Contracts Bidder Contract 40

Federal News Network

OCTOBER 2, 2024

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. Three times the CIA awarded a contract for medical services to the same company. Tom Temin Right.

Bidder 84

Bidder Balance Procurement IT 84

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

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

Tracker Intelligence

FEBRUARY 8, 2024

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. Referrals lend credibility as prequalified bidders provide more lead time and give exclusive tailored insight into client bid expectations.

Tender 52

Tender Consulting Management 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 88

Contract Bidder Evaluation Bidding 88

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. Dan Glad They are exceptions. Dan Glad Absolutely.

Collusion 106

Collusion Bid Rigging Procurement IT 106

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

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. How much is price worth? will be awarded the contract.

Bidding 100

Bidding IT Price Evaluation 100

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

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. The risk is high.

Ethics 98

Ethics Import Procurement Public Procurement 98

Government Contracts Legal Forum

NOVEMBER 21, 2023

With respect to interested party status, in post-award bid protests, a company must be an actual bidder or offeror with a direct economic interest in the procurement. Global declined to do so and instead submitted an “updated” (increased) price proposal. The agency ultimately made award to the next-in-line offeror.

Sustainability 52

Sustainability Bidding Bidder Evaluation 52

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. On top of that, awarding contracts tends to take longer than expected and GSA, had to extend the current three contracts through March.

Bidding 104

Bidding E-procurement Consulting Procurement 104

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

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 Hixson said the other trend that emerged among the questions was around whether OASIS+ was a best-value trade off in the traditional sense.

Professional Services 114

Professional Services Accountability Bidding Bidder 114

Procureware

APRIL 12, 2019

Vancouver also provides a budget estimate and a bidders list. Step 4: Publish a Bidders List A bidders list is like a construction bid’s planholder list; it includes companies that have expressed interest in a specific bid or tender solicitation. Beyond simply posting the winning supplier, it also includes pricing details.

Transparency 40

Transparency Bidding Bidder Tender 40

GovSpend

APRIL 5, 2023

Submission of bids: Businesses can submit bids in response to solicitations, outlining their proposed solutions and pricing. Award of contracts: The winning bidder(s) will be awarded a contract to provide the goods or services required by the government agency.

Government 52

Government Government E-procurement Bidding 52

GovSpend

APRIL 5, 2023

Submission of bids: Businesses can submit bids in response to solicitations, outlining their proposed solutions and pricing. Award of contracts: The winning bidder(s) will be awarded a contract to provide the goods or services required by the government agency.

Government 52

Government Government E-procurement Bidding 52

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

The Procurement ClassRoom

JUNE 21, 2015

Some of the reasons are: Mistakes in the solicitation ( bid or proposal ) documents Prospective bidders request more time for submission and it is granted Poor response to invitation for bids or call for proposals Unforeseen event such as natural disaster, emergency situation, mass demonstrations, etc.

Public Procurement 40

Public Procurement Procurement Bidder Tender 40