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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. After evaluating the quotations, CMS announced that the order would be awarded to Octane Public Relations. B-421917.2,
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. Making the decision of award will be based on price alone. How much is price worth? Click here for a blog that I wrote explaining this in more detail.
In order to evaluate whether suppliers offers are giving a business the optimum value, benchmarking is required. When thinking about benchmarking the most common area that is reviewed is price, but as we know (and as mentioned in previous blogs) price is not the sole factor.
Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. GSA’s current use of algorithms and pricing data is instructive in this regard.
We often see price realism in protests when the protester is making the claim that the awardee’s price, which was lower than the protester’s price, is low enough that the awardee would not be able to perform the work as solicited. Most often, GAO will determine that the agency’s price realism analysis was acceptable.
For qualified HUBZone mentor-protégé joint ventures, SBA is considering how to “clarify the applicability of the HUBZone priceevaluation preference to” HUBZone mentor-protégé joint ventures. Questions about this post? Email us or give us a call at 785-200-8919.
Skills and capability gaps – Public sector organizations often lack the in-house artificial intelligence (AI) and machine learning (ML) expertise required to effectively evaluate, deploy, and maintain generative AI systems.
Last weeks FAR & Beyond blog launched the Coalitions Government Procurement Efficiency List (GPEL) for the new federal market. We look forward to followers of the FAR & Beyond blog providing their recommendations for the GPEL. Embrace dynamic pricing models that leverage competition from the commercial market.
The post 2024 GAO Bid Protest Report: Numbers Down, Effectiveness Still Even Odds first appeared on SmallGovCon - Government Contracts Law Blog. These are helpful to know what types of issues are most likely to get traction at GAO, although GAO is not too generous on detail.
Last weeks FAR & Beyond blog launched the Coalitions Government Procurement Efficiency List (GPEL) for the new federal market. We look forward to followers of the FAR & Beyond blog providing their recommendations for the GPEL. Embrace dynamic pricing models that leverage competition from the commercial market.
Keeping with the title and theme of the Coalition’s Fall Training Conference, “ What is Fair and Reasonable,” this week’s blog addresses what is fair and reasonable transparency. Look for next week’s blog to continue the focus on “What is fair and reasonable transparency?”
And, evaluating the product on any characteristics that are not included in the solicitation, even if incorporated by reference to the name brand item, can lead to an improper exclusion of offerors from competition. Well, the answer to that lies in the solicitation.
17, 2023) , GAO looked at this issue in the context of a lowest-price, technically acceptable (LPTA) solicitation for a brand name or better product, with an unexpected ending that the protester surely did not see coming. This is essentially Federal Government Contracting 101 and applies to any type of solicitation. In RELX, Inc.,
Price Preference For civilian agencies , if the contractor with the lowest priced domestic end product is a large business, then the agency will add a priceevaluation penalty to the offeror with the lowest priced foreign end product of 20%. What is a Domestic End Product?
Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. GSA’s current use of algorithms and pricing data is instructive in this regard.
Faced with a changing economic and regulatory landscape, multinational companies are re-evaluating their operating models in the Middle East to remain competitive and enhance performance. Successful business reorganization requires careful planning and implementation to achieve intended operational and financial objectives.
Offerors are sometimes distressed when an agency selects a significantly higher priced, higher technically rated proposal in a best value determination. This blog only discusses the challenge to the best value tradeoff, which was required by the Solicitation, and which contemplated a cost plus award fee contract. B-422040, Jan.
Size and status protests, which are reviewed by the SBAs Office of Hearings and Appeals (OHA), are far less common than GAO protests which protest an evaluation aspect of a solicitation or award. in Ostensible Subcontracting Review) first appeared on SmallGovCon - Government Contracts Law Blog. The post OHA Says: Show me the Money! (in
This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). The post Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts appeared first on Capital Edge Consulting. Contact the experts at Capital Edge Consulting today.
This column was originally published on Roger Waldron’s blog at The Coalition for Government Procurement and was republished here with permission from the author. This “internal” guidance outlines a host of evaluation and negotiation directives, standards, and considerations for FSS contracting officers. Emphasis added.)
SBA’s proposed rule would change HUBZone protests appeals, principal office requirements (which we did discuss a bit before here ), HUBZone map concepts, and the HUBZone priceevaluation preference (PEP). PEP (PriceEvaluation Preference) Finally, we look at proposed changes to the HUBZone PEP.
On November 16, 2023, GSA issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. The rule proposes to remove “certain economic price adjustment requirements within these clauses to better align with commercial standards and practices.”
In government co-ops, a lead government agency issues a solicitation for a good or service, evaluates proposals, and awards a contract. And the pricing under these contracts may not be the absolute lowest. For more information on funding alternatives, see our previous blog article, Funding an e-Sourcing Initiative.
Flawed selection decision , “where the agency failed to meaningfully look behind the adjectival ratings and adequately document reasons for finding the protester’s and awardee’s proposals technically equal before making award to the lowest-priced offeror.”
This blog will not discuss every sustained protest ground, but only comment on a few significant points. First, GAO noted that it is a fundamental principle of federal procurement law that a contracting agency must treat all offerors and evaluate their proposals even-handedly against the solicitation’s requirements and evaluation criteria.
This week, in the spirit of “Fair and Reasonable Transparency,” the Coalition submitted to the Federal Acquisition Service (FAS) feedback on its “ FAS Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing.” Beyond the non-mandatory nature of the FSS program, all task and delivery orders are governed by the FAR 8.4
CMS evaluated Sparksoft and the eventual awardee, TSG, as follows: Sparksoft protested, challenging numerous areas of the agency’s evaluation, including challenges under both of the non-cost evaluation factors. GAO walked through challenge after challenge, rejecting each one.
This includes mechanisms for reallocating budgets and evaluating expenditures to create fiscal space for contingencies. This includes mechanisms for reallocating budgets and evaluating expenditures to create fiscal space for contingencies. Make sure to select newsletters option, after choosing the fiscal policy and management topic.
A great example of why such a protest is important is covered in a previous blog here on SmallGovCon. 16, 2020), a contractor–after award decision–raised a concern via post-award protest that the evaluation factors were ambiguous or indefinite. In One Community Auto, LLC , B-419311 (Comp.
Immuta serves as the policy administration and policy decision point, authoring and evaluating policies to be enforced on the data stores being queried. AWS Partners should use these services to quote pricing. AWS Partners can also get up-to-date pricing on AWS Cloud Services from the AWS Pricing Calculator.
Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” Pay a Fair and Reasonable Price ). Emphasis added.) See Section 2.
According to the MarketLinks blog, Sustainable Public Procurement and the Business Environment , “taxpayers around the world are increasingly holding governments accountable to spend public funds for their social and economic benefit in a sustainable manner. Matching devices to needs.
Stakeholders must appreciate and understand that there is a nexus between requirements and price, especially for small businesses. Data context in assessing fair and reasonable pricing is foundational to sound acquisition business decisions. It is also a regulatory requirement. See FAR 15.405, 15.403-3 and 15.402.
This blog has frequently stressed the importance of responding to any solicitation by the due date/time, fully, and in complete accord with the solicitation. The pre-proposal questions and responses made it clear that the agency would not evaluate proposals that were non-compliant with the solicitation instructions.
The blog outlined the significant differences between the Buy American Act (BAA) and the Trade Agreements Act (TAA). This blog continues to explore the mixed supply chain messages the federal government is communicating to the industrial base. The Small Business Rules: Is the Price Right for Products Made in China?
This blog has frequently stressed the importance of responding to any solicitation by the due date/time, fully, and in complete accord with the solicitation. The pre-proposal questions and responses made it clear that the agency would not evaluate proposals that were non-compliant with the solicitation instructions.
In its proposal, BTNG offered a fixed unit price of $330 per unit and represented to DLA that it was a WOSB concern and an SDVOSB concern. BTNG, though, did represent itself as an SDVOSB in its quotation, and DLA evaluated BTNG’s quotation as if it had been submitted by an SDVOSB. 134.1003(e)(1).”
Bonfire allows them to bring every stage of the procurement lifecycle into a central platform where the procurement team and relevant stakeholders can collaborate on RFPs and evaluations with full visibility into the process. What strategies are crown corporations using to deal with the current price uncertainty in the market?
Back then, when the MAS was a mandatory source and was limited to products, like office supplies, many in government interpreted the “lowest cost alternative” to default to lowest price, as price was the most discriminating factor. Forty years later, the MAS program is no longer a mandatory source.
As discussed two weeks ago in this FAR and Beyond blog, the General Services Administration (GSA) has proposed to amend the Competition in Contracting Act (CICA) of 1984 to adjust the statutory authority for the Federal Supply Schedule (Schedule) program by clarifying what constitutes “competitive procedures” under the law.
The request for quotations (RFQ) included a two-page specification sheet identifying the salient characteristics of the wheel loader equipment and stated that award would be made on a lowest price, techncally acceptable basis. Owen, Consultant, for her contribution to this blog post. We would like to thank Cherie J.
Over the next four years, GSA fine-tuned the applicability/scope of TDR, established evaluation criteria, and monitored TDR performance. In 2021, after reviewing the Fiscal Year 2020 evaluation results, GSA decided that the “TDR Pilot” was eligible for expansion.
It typically involves the following steps: Identifying opportunities Reviewing solicitation documents Attending pre-bid meetings Preparing and submitting a responsive bid Participating in bid evaluation and negotiations To excel in the bidding process, consider enrolling in our Life Sciences Contracting 101 course.
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