Remove Bidding Remove Competitive Bidding Remove Price
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YOU MAY NOT INCREASE YOUR PRICE IN A BID EXTENSION

Public Contracting Institute

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.

Price 52
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Pre-Bid and Pre-Proposal Meetings: Similarities and Differences

The Procurement ClassRoom

Differences Between Pre-Bid and Pre-Proposal Meetings Purpose of Clarification: Both pre-bid and pre-proposal meetings are held to explain the details of the solicitation documents to interested parties. Differences Between Pre-Bid and Pre-Proposal Meetings 1. Differences Between Pre-Bid and Pre-Proposal Meetings 1.

Bidding 52
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Sole Source Procurement: A Guide to Single-Source Acquisitions

Select GCR

Legitimate sole source situations require thorough justification, including market research and analysis, evidence of unique expertise or specialized needs that only one vendor can fulfill, and a demonstration that the price is fair and reasonable. In such cases, the competitive bidding requirement is not applicable.

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

Case studies: In Colombia , rather than the government trying to document and standardize all possible technologies, the framework agreements created for the IT sector link directly to the providers’ public web pages, which list all of their services and prices.

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Mastering SAM Government Contracting

Select GCR

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. Ensuring ongoing compliance can enhance your reputation and increase your chances of winning future contracts.

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Understanding Contract Types Government Agencies Use

Select GCR

If you’re exploring contract types that any government agency uses, understanding the distinctions between fixed-price, cost-reimbursement, and other specialized contracts is paramount. The two main categories of government contracts are fixed-price contracts and cost-reimbursement contracts.

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Gunvor to Pay $661 Million to Resolve FCPA Bribery Case

Whistleblower Network News

This structure allowed Gunvor and its co-conspirators to avoid a competitive bidding process and to obtain contractual terms that it could not have obtained otherwise.” Attorney Breon Peace for the Eastern District of New York.