Remove Bidding Remove Supply Chain Remove Thresholds
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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. Most organizational procurement policies define thresholds that dictate when a particular method should be used.

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The SBA doubles down on the Rule of Two

Federal News Network

This goes back to bid protests dating around 2020. GAO took a different view, in part in its decision in ITility, a bid protest issued shortly after the Tolliver decision. If they determine there’s a reasonable expectation of two or more contract holders being able to meet the requirement.

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Interim Rule Effective in December Establishes Requirements for Contractors to Remove Identified Products and Services from the U.S. Government Supply Chain

Government Contracts & Investigations

On October 5, 2023, the FAR Council released an Interim Rule on “ Implementation of Federal Acquisition Supply Chain Security Act (FASCSA) Orders.” Government supply chain as directed by the Federal Acquisition Security Council (“FASC). In August 2021, the FASC issued a Final Rule adding a new 41 C.F.R.

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Procurement updates - New Standard Selection Questionnaire - What you need to know

VWV

This applies to all above-threshold procurements. The new SQ provides important guidance on considering bids from Russian/ Belarusian suppliers. A new Procurement Policy Note has been published which provides an updated Standard Selection Questionnaire.

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Procurement updates - New Standard Selection Questionnaire - What you need to know

VWV

This applies to all above-threshold procurements. The new SQ provides important guidance on considering bids from Russian/ Belarusian suppliers. A new Procurement Policy Note has been published which provides an updated Standard Selection Questionnaire.

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The Public Procurement Glossary

Tracker Intelligence

It is all a part of supply chain management, making sure the right products and services get to the right place at the right time. A contract notice makes sure everyone knows what’s up for grabs, who’s bidding, and how decisions are made. It covers everything from tendering and bidding to contract management.

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Navigating the 5 Steps of the Procurement Journey Part 2

The Procurement School

Construction tenders may include a mandatory site visit where attendance is required in order to bid. Step 4 Evaluation Once the procurement closes bids are evaluated. Disqualified bids are rejected and do not proceed to the next evaluation stage. Sometimes a bid response requires clarification.

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