This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The most important section in your federal proposal and contract will always be pricing – just ask any CEO or federal buyer. But in today’s government market, there are a lot of areas that can confuse a contractor’s pricing strategy. And when you win the bid, the questions remain: “will we make a profit?”
Moreover, understanding the procurement processes of government agencies can significantly enhance your marketing efforts, allowing you to tailor your strategies to meet the unique needs of these major buyers. Government agencies as major buyers The U.S.
Among them are aggregators that bring together buyers and sellers. They host requests for bids and tenders from buyers and allow vendors to submit bids to multiple organizations. These aggregator sites tend to have lightweight functionality and are event oriented rather than focused on long-term supplier relationships.
The government took three key steps: i) careful planning for the green transition; ii) implementing green public procurement (GPP) in practice with a focus on building the capacity of public buyers; and iii) learning powered by data-driven monitoring with a public dashboard. Or how could buyers minimize the very real risk of greenwashing?
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] 16] DCAA also schedules a walkthrough of the contractor’s final certified position and the major events associated with the pricing action. [17]
Attending events held by target agencies is a proactive way for small businesses to learn about government contracting opportunities and build relationships within the government contracting space. A comprehensive and up-to-date profile increases your chances of being noticed by government buyers.
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. These resources provide training, counseling, and local government buyers access to critical information that can make the difference between winning and losing a contract.
How is AI being leveraged to streamline procurement processes and evaluations? Multiple Award Schedule (MAS) Price Evaluation. Significantly, the Federal Acquisition Service (FAS) is revising its guidance to contracting officers regarding the evaluation/negotiation of MAS contract pricing. Small business opportunities.
I was lucky to attend an inspirational presentation on the subject by Virginie Favray, Urgo Healthcare’s CPO, at a Procurement roundtable event, before the lockdown. As most Procurement organizations do, they evaluate their suppliers. Second, every two years they organize a supplier-buyer speed dating event, focused on indirect spend.
Evaluation of bids: Government agencies will evaluate bids based on a variety of criteria, including cost, technical capabilities, and past performance. These solicitations can take the form of requests for proposals (RFPs), requests for quotes (RFQs), or invitations to bid (ITBs).
Evaluation of bids: Government agencies will evaluate bids based on a variety of criteria, including cost, technical capabilities, and past performance. These solicitations can take the form of requests for proposals (RFPs), requests for quotes (RFQs), or invitations to bid (ITBs).
Procurement technology can also help businesses improve supplier relationships and enhance communication between buyers and suppliers. This way, you’re not locked into long-term contracts with suppliers who may not be able to meet your needs in the event of a disruption. Create speed and transparency.
How is AI being leveraged to streamline procurement processes and evaluations? Multiple Award Schedule (MAS) Price Evaluation. Significantly, the Federal Acquisition Service (FAS) is revising its guidance to contracting officers regarding the evaluation/negotiation of MAS contract pricing. Small business opportunities.
To public sector buyers, frameworks are not just tools; they are time-saving, compliance-enhancing, and value-extracting tools from previously assessed suppliers. Receive real-time alerts about events that impact your business, often before they are published.
These challenges in the direct material supply chain pose a real threat, especially in a time of crisis and let’s face it, there is no shortage of events that could jeopardize and/or disrupt a business, potentially impacting their profitability, business continuity, image, and reputation. Risk & Performance Management.
If you missed the event, don’t worry! 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. The end goal is to drive purchase prices down for the buyer.
Rated Criteria The technical evaluation criteria needs to align clearly with the scope / performance requirements of the good / service being procured. The clearer the technical evaluation criteria the better the procurement outcome. There needs to be a difference between an evaluation ‘need’ and a ‘want’.
Other Upcoming Events The Coalition will have a packed calendar leading up to the Fall Training Conference! Check out the list of upcoming events and register below: October 3 : Webinar: Bid Protests and Other Recent Federal Contract-Related Litigation – and Impacts on Contractors – Click here to register.
How are bids evaluated? The answers to these questions will help you prioritize common sourcing tools and evaluate them as they relate to your top goals, current processes, and specialization within your specific industry. For further discussion about supplier networks, see Evaluate the Options: Choosing a Supplier Network ) 3.
Not only does it serve as a gateway to numerous business opportunities, but it also acts as a marketing tool for showcasing your capabilities to potential government buyers. Industry days and special events, listed under ‘Special Notices,’ are particularly valuable as they allow direct interaction with government decision-makers.
It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. Either through data analysis or demand from the business–there is a need to execute a sourcing event.
If recent shocks were caused by a black swan event or transitory conditions, the lessons and required actions could be considered limited and incremental. Supplier risk management too often focuses on evaluating the risk level of each supplier and selecting lower risk ones when possible.
1] The FAR defines cost analysis as “the review and evaluation of any of the separate cost elements and profit or fee in an offeror’s or contractor’s proposal as needed to determine a fair and reasonable price or to determine cost realism….” [2] 18] The Government must not apply hindsight in evaluating cost reasonableness.
For what buyers and sellers can expect in the year ahead, we hear from Sonny Hashmi. We also have global events that are causing disruptions to the supply chain. 1102 that has to make a decision around following made in America regulations or evaluating carbon impact of a particular procurement decision.
We believe this app will enhance your conference experience and help you make the most of the event! By sponsoring our mobile event app, your company will gain prime exposure to all conference attendees throughout the entire two-day event. Register today to secure your spot at this timely event!
This is an update on the national collaborative frameworks and contracts we offer to public sector buyers in Scotland. Further information and a buyers guide can be found here. Evaluations are now complete. They are also responsible for the procurement of innovation. Initial contracts meetings were held with all suppliers.
Although she could not attend the event this year due to illness, we extend our best wishes for her swift recovery. Your support is instrumental in the success of this event, and we could not have achieved such a remarkable outcome without you. We thank the GW Law School for its continued partnership towards this scholarship.
Register today to secure your spot at this timely event! Offerors with more than one certification did not receive extra points or receive an evaluation preference, they simply had an inherent advantage under the experience and past performance subfactor, which was not prohibited by SBA’s regulation. [2]
This is an update on the national collaborative frameworks and contracts we offer to public sector buyers in Scotland. Further information and a buyers guide can be found here. Evaluations are now complete. They are also responsible for the procurement of innovation. Initial contracts meetings were held with all suppliers.
Whether you’re an experienced golfer, a novice, or not a golfer at all, this event ensures a day of enjoyment and camaraderie for everyone. We are honored to celebrate our dear friend Joe Caggiano through the event, and his unwavering dedication to supporting our nation’s veterans.
That discussion, during a Professional Services Council event on federal acquisition , focused heavily on purchasing AI, whose boom in popularity has also reverberated throughout the government. How do you pace the government’s incorporation with the pace of development of technology is the first key question.
This resilience funding will protect infrastructure from cybersecurity attacks and address flooding, wildfires, coastal erosion, and droughts, along with other extreme weather events. $39 Bid Selection: The buyer/government agency reviews bids and awards the contract to the winner. 39 billion for public transit.
I don’t envy the evaluators who had to manually sift through thousands of pages. I knew eProcurement would give vendors and public agencies the tools they needed — easy submissions, quick evaluations, instant award notifications, and transparent results — to build strong and lasting relationships. Driving impact with eProcurement.
Getting listed on Dynamic Purchasing Systems (DPS) and framework agreements means buyers can award contracts directly to pre-approved suppliers. What are buyers looking for beyond just price? Understanding what buyers want and delivering it flawlessly. Show buyers why youre the best choice, not just the cheapest.
There are specific dashboards that analyze prices on the central e-catalog , medical procurement , buyerevaluations , Energy Services Company (ESCO) procurement, or internal auditing practices. Suppliers: Use BI Prozorro to find new business opportunities, analyze buyers, monitor competitors, and increase business profitability.
Nick also touches on upcoming events over the next few months across the Scottish procurement community. The Supplier Development Programme was also present at the event, providing information on the services they can offer. You can find out more in the video below. A transcript has also been made available at the bottom of the page.
GSA Schedules provide local government buyers access to a wide range of commercial supplies and services at discounted prices, facilitating procurement processes for local government entities. One of the key benefits of the HUBZone program is a 10% price evaluation preference when competing for contracts.
FAR & Beyond: Thoughts on “What is Fair and Reasonable? 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.” Emphasis added.) See Section 2.
For additional information on MAPS, please view the links below: Draft Performance Work Statement Scope Gate Criteria Questions Past Performance Evaluation Questionnaire Form Scorecard Industry Day Slides and Participant List MAPS Insights from Baker Tilly The Coalition has established a MAPS Working Group. Subpart 502.1
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content