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The Problem with Bid Prices in Numbers and Words

Mike Purdy's Public Contracting

Tennessee construction attorney Matthew DeVries has described the outcome of an Alabama court case in which a bidder left out the word "thousand" in a bid price and was held to the significantly lower bid amount by the public agency. Click here to read Mr. DeVries brief blog post on this court case.

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2024 GAO Bid Protest Report: Numbers Down, Effectiveness Still Even Odds

SmallGovCon

As we look forward to fall traditions like turkey and mashed potatoes, pumpkin spice, and leaf peeping, don’t sleep on another fall tradition, the GAO bid protest report. This report is GAO’s summary of bid protests for the previous fiscal year. It also summarizes the general statistics for bid protest decisions.

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Is It a Bid or An RFP?

Mike Purdy's Public Contracting

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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Agency Could Not Accept Price Above Awardee’s FSS Price, GAO Says

SmallGovCon

If you feel like prices for just about everything are going up, you’re not alone. In federal government contracting, however, a contractor may not have the same leeway to raise its prices. then filed a bid protest with the GAO, challenging various aspects of CMS’s evaluation. B-421917.2,

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2023 Bid Protest Report, Success Rate Up, Total Protests Up a Little Bit

SmallGovCon

Rather, it’s time for GAO’s annual bid protest report. This report is GAO’s summary of bid protests for the previous fiscal year. It also summarizes the general statistics for bid protest decisions. And unlike last year, all agencies followed GAO’s recommendations in connection with bid protests.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

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Avoiding Closed Door Selection of a GC/CM Contractor

Mike Purdy's Public Contracting

3 step selection process for GC/CM: In Washington, the GC/CM is selected based on a combination of their scores for their proposal, their interview (not required by state law but highly recommended), and their price for their Percent Fee and Specified General Conditions costs. Mike Purdy's Public Contracting Blog © 2015 by Michael E.

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