American City & Country

NOVEMBER 18, 2024

Other agencies can also use the contract with competitive pricing and terms. By pooling demand, public sector entities can benefit from bulk buying discounts and negotiated price reductions. This reduces the need for bid preparation and evaluation.

Purchasing 58

Purchasing Procurement IT Quality 58

Public Contracting Institute

MAY 8, 2024

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

Bidding 52

Bidding Procurement E-procurement Negotiation 52

Government Contracts

DECEMBER 4, 2023

AstraZeneca has chided the federal government for seeking a quick win against the drugmaker's challenge to the Medicare drug price negotiation program in a recent brief, arguing that the Centers for Medicare and Medicaid Services mistakenly believes it has "absolute authority to unilaterally dictate prices."

Price 52

Price Price Negotiation Bidding Negotiation 52

Public Contracting Institute

MAY 20, 2024

Government Construction Projects: Bidding and Winning Strategies for Success Government construction projects offer significant opportunities for businesses to grow and thrive. To succeed in this competitive arena, it’s essential to understand the bidding process and develop winning strategies.

Bidding 52

Bidding Government Government Negotiation 52

Select GCR

OCTOBER 29, 2024

HUBZone-certified businesses not only gain eligibility for set-aside contracts but also receive a 10% price evaluation preference in full and open contract competitions. Understanding RFPs A Request for Proposal (RFP) is a formal document issued by government agencies to solicit bids from potential contractors.

Government 52

Government Government Government Contracts Negotiation 52

American City & Country

AUGUST 27, 2024

City and county governments are often key buyers of landscape equipment and supplies, says Keith McGinty , director of bids and government accounts at SiteOne Landscape Supply , a firm that sells soil maintenance products, irrigation, lighting, nursery products, tools, equipment, safety items and hardscapes in addition to landscape supplies.

Government 98

Government Government Bidding Purchasing 98

Public Contracting Institute

MAY 9, 2024

Special focus on contract pricing). price negotiations and procedures should be used by contracting officers to determine the price reasonableness of modifications offered under a sealed bid contract. Examples of price analysis techniques can be found at FAR 15.404-1(b)(2). FAR 15.400. FAR 15.403-3(c).

Price Negotiation 52

Price Negotiation Negotiation Price Bidding 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, GAO rejected the agency’s plan to convert the sealed IFB to a negotiated procurement. However, as is usually the case, there are exceptions.

Bidding 59

Bidding Bidder Negotiation Procurement 59

American City & Country

OCTOBER 8, 2024

Mitchell warns that “Agencies may have poor outcomes when a Lowest Price Technically Acceptable (LPTA) solicitation is awarded, and the public entity then goes completely hands-off and simply expects perfection with the final deliverable.” An agency’s tech-buying team should be highly inclusive with a variety of skills, Mitchell says.

Import 110

Import Competitive Bidding Price Change Management 110

Select GCR

MAY 7, 2024

This no-nonsense guide walks you through the contracting process, from initial eligibility to bidding, and ultimately enables your small business to win contracts available every fiscal year. Registering your business with SAM (System for Award Management) is a prerequisite to start bidding for contracts. You’re in the right place!

Government Contracts 98

Government Contracts Government Government Contract 98

Great Government Through Technology

JANUARY 14, 2025

With such a large pool of vendors, agencies are able to get multiple competitive bids to get the best price for required services. Cost savings: Pre-negotiated pricing and terms help speed up procurements, maximize value, and optimize spending.

Competitive Bidding 40

Competitive Bidding Data Integration Integrity 40

Public Contracting Institute

JULY 31, 2024

An RFP is typically used for complex projects where the agency needs detailed proposals, while an RFQ is more suitable for simpler purchases where price is the primary factor. To gain a deeper understanding of bids and proposals in government contracting, consider exploring our Bids and Proposals training category.

Negotiation 52

Negotiation E-procurement Price Evaluation 52

Select GCR

NOVEMBER 12, 2024

These steps are essential for positioning your business to bid on and win government contracts, ensuring regulatory compliance, and opening up a new avenue for growth and opportunities. This registration is mandatory for any business looking to bid on federal contracts.

Government Contracts 52

Government Contracts Contract Bidding Participation 52

Public Contracting Institute

APRIL 26, 2024

In our next session, we will cover FAR Part 15 (Contracting by Negotiation) As we prepare for our 9th episode of Season 11, here are a few FAR Facts for us to think about: A contract awarded using other than sealed bidding procedures is a “negotiated ” FAR 15.000. The Government is not required to hold in-person FAR 15.505(c).

Negotiation 52

Negotiation Price Bidding 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, GAO rejected the agency’s plan to convert the sealed IFB to a negotiated procurement.

Bidder 52

Bidder Bidding Negotiation Procurement 52

Tracker Intelligence

SEPTEMBER 26, 2024

Tendering is the act of offering bids in construction-related contracts with significant stakeholders such as the government, commercial developers or contractors. Public sector bids are often released by government agencies, whereas private sector tenders are offered by businesses or developers.

Tender 52

Tender Bidding Negotiation Price 52

Federal News Network

JULY 25, 2024

Fluor argued that BAE breached the subcontract by directing the changes, while refusing to equitably adjust the subcontract price upward by $183 million, as required by the subcontract’s changes clause. The prime contractor, BAE, argued that the subcontractor Fluor’s delays breached the subcontract, requiring BAE to compensate the Army.

Insurance 90

Insurance Bidding Influencing Negotiation 90

The Coalition for Government Procurement

MAY 17, 2024

Unfortunately, Schedule contractors now face a long, painful slog negotiating contract pricing at the contract level, instead of relying on competition at the task or delivery order level to provide fair and reasonable pricing.

Price 49

Price Negotiation Participation Category Management 49

Tendersinfo

MARCH 24, 2021

Ultimate Guide to the Insight of Public Procurement Professionals Public Procurement is a multi-staged activity and requires a thorough understanding of each process to be more successful with the bids. The higher the value of the contract higher is the team size hence it important to understand the metrics based on which a bid is successful.

Public Procurement 52

Public Procurement Procurement Tender Bidding 52

Procureware

MAY 3, 2018

Encourage Vendor Innovation Structure the RFP around solving the business problem, rather than solely on the technical specifications or pricing, and you will spur vendors to propose innovative solutions. New processes or technologies are involved and pricing must be established. • There are a limited number of vendors. •

Negotiation 40

Negotiation Bidder Bidding Price 40

Tracker Intelligence

FEBRUARY 28, 2024

A formal call for bids on a project, known as a tender, initiates the bidding process among prospective contractors. This process includes several crucial steps: tendering by the bidders, bid evaluation by the client and award of the contract to the successful bidder. What is a Tender Document in Construction?

Tender 52

Tender Bidding Bidder Competitive Bidding 52

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

Tracker Intelligence

FEBRUARY 16, 2025

The private sector offers more flexibility, whereas the public sector requires a more complex and formal process for businesses that are considering bidding for public sector contracts. Furthermore, private businesses have more flexibility in pursuing informal tendering procedures or direct negotiation with suppliers.

Procurement 52

Procurement Tender Public Procurement Supplier 52

LexBlog: Contracts & Procurement

JUNE 3, 2022

As we recently covered here , contractors experiencing material cost escalation on firm-fixed-price (FFP) contracts face a difficult road to recover those increased costs from the Government. In response, the Department of Defense (DOD) issued new Guidance on Inflation and Economic Price Adjustment.

Government 40

Government Government Price Supply Chain 40

The Procurement ClassRoom

JUNE 21, 2015

They are also needed to prepare the solicitation (bidding/ tender ) documents. Extension of Bid or Proposal Submission Date The bid or proposal submission period may need extending, causing delay in awarding the contract. Delay in Opening Bids or Proposals Received Bids and proposals have a set deadline for submission.

Public Procurement 40

Public Procurement Procurement Bidder Tender 40

GovSpend

APRIL 5, 2023

These solicitations can take the form of requests for proposals (RFPs), requests for quotes (RFQs), or invitations to bid (ITBs). Submission of bids: Businesses can submit bids in response to solicitations, outlining their proposed solutions and pricing.

Government 52

Government Government E-procurement Bidding 52

GovSpend

APRIL 5, 2023

These solicitations can take the form of requests for proposals (RFPs), requests for quotes (RFQs), or invitations to bid (ITBs). Submission of bids: Businesses can submit bids in response to solicitations, outlining their proposed solutions and pricing.

Government 52

Government Government E-procurement Bidding 52

The Coalition for Government Procurement

OCTOBER 11, 2024

NW, Washington, D.C. 20006), with virtual attendance available as well.

Price Negotiation 45

Price Negotiation Ethics E-procurement Contract 45

The Coalition for Government Procurement

FEBRUARY 16, 2024

Topics covered during the training will include: The GSA Schedules Program: An Entry Point to Government Contracting Obtaining Your GSA Schedule or Schedule Modification, along with Option Extensions Navigating the Price Negotiation Process Better Understanding of Management and Compliance of the Price Reduction Clause Schedule e-Tools: Tips on Competing (..)

Price Negotiation 45

Price Negotiation Ethics Contract Price 45

ivalua

NOVEMBER 29, 2021

Poorly utilized preferred suppliers with negotiated pricing. Spot Bids: Promoting this as an option to employees will help ensure that Procurement gets involved but also that employees are not waiting for a long sourcing event to take place, its done in a matter of days. How to analyze your Tail Spend: Understanding spend data.

Buyers 52

Buyers Supplier Purchasing Procurement Team 52

Select GCR

SEPTEMBER 10, 2024

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. To thrive in federal contracting, having an active registration on SAM is non-negotiable.

Government Contracts 52

Government Contracts Government Government Contract 52

Select GCR

MAY 14, 2024

For example, FAR Part 14 deals with the rules and regulations for sealed bidding procurement methods, while Part 45 provides rules on contractors’ obligations and the Government’s remedies, addressing scenarios such as Government Furnished Equipment (GFE) situations and bring your own device (BYOD) situations.

Ethics 52

Ethics Procurement Procurement Contracts Price 52

The Coalition for Government Procurement

OCTOBER 15, 2024

NW, Washington, D.C. 20006), with virtual attendance available as well.

Price Negotiation 40

Price Negotiation Ethics E-procurement Contract 40

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing 52

Manufacturing Supply Chain Procurement Supplier 52

Federal News Network

JANUARY 16, 2024

HomeSafe’s pricing was bid in 2019, and we’ve seen a lot of inflation in our industry. So I can go to you and say, ‘Hey, rather than having your shipment delivered in two weeks, I can deliver it to you in a month but I can give you a price savings.’ It’s about $110,000 now,” he said.

Contract 119

Contract Transportation Transportation Price 119

Federal News Network

OCTOBER 18, 2023

And then you as a contractor will bid on that assumption and be able to implement. And that’s the language that you see in the Truth and Negotiations Act. Now, I guess the truthful costs and pricing data Act where current, accurate and complete is used and that becomes the hook for False Claims Act liability.

Bidding 93

Bidding Contract Government Thresholds 93

Tracker Intelligence

NOVEMBER 4, 2024

Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently. These agreements define terms, conditions and price for goods and services and allow authorities to procure without having to re-run lengthy tender processes.

Framework Agreement 52

Framework Agreement Procurement Supplier Buyers 52