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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Yet, these terms—such as Request for Quotations (RFQ), Request for Proposals (RFP), Request for Expressions of Interest (REOI), and Invitation for Bids (IFB)—are technically indicative of distinct concepts. These methods may include Shopping , Limited Competitive Bidding , Force Account , or Direct Contracting.

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DoD’s multi-billion dollar moving contract faces another legal challenge

Federal News Network

Over the past four and a half years, the Defense Department has faced at least four separate rounds of bid protest litigation challenging its multi-billion dollar overhaul of the militarys household goods moving system. Its now gearing up for a fifth. Two other moving companies joined the lawsuit this month: Total Military Management on Dec.

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How to Bid on Government Jobs: A Practical Guide

Select GCR

Want to bid on government jobs? This guide explains each step, from finding opportunities and registering in SAM, to crafting a strong bid and increasing your chances of winning contracts. Why Bid on Government Jobs? Not bidding on government jobs means missing out on a major avenue for new customers and revenue.

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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

Government Contracts & Investigations

We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]

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USPS Backs Oshkosh's Sealing Bid In New Vehicle Plan Case

Government Contracts

Postal Service on Friday backed Oshkosh Defense's request to seal their confidential supplier contract terms in litigation challenging the agency's decision to replace its aging delivery fleet with only 62% electric vehicles, arguing rivals could use the information to undercut the USPS when negotiating their own supplier contracts.

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How to Avoid Truth in Negotiations Act TINA Pricing Criminal Liability

Watson & Associates

Watson, Government Contracts and Procurement Fraud Attorney: The Truth in Negotiations Act (TINA), also known as Public Law 87-653, is a U.S. 254b that requires government contractors to submit cost or pricing data in their bids and to certify. federal law, 10 U.S.C. 2306a, 41 U.S.C.

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Converting a Procurement from Sealed Bidding to Competitive Proposals

Public Contracting Institute

FAR 6.401 (Sealed Bidding and Competitive Proposals) states: Sealed bidding [using an Invitation for Bids-IFB] and competitive proposals [using a Request for Proposals-RFP], as described in [FAR] parts 14 and 15 , are both acceptable procedures for use under subparts 6.1 , 6.2 ; and, when appropriate, under subpart 6.3

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