The Procurement ClassRoom

NOVEMBER 16, 2024

Limited Competition : An RFQ may be restricted to the local market when the required goods or services are readily available locally. These methods may include Shopping , Limited Competitive Bidding , Force Account , or Direct Contracting. What is a Solicitation Tool?

Procurement 105

Procurement Competitive Bidding Bidding Supplier 105

Tracker Intelligence

FEBRUARY 28, 2024

This process includes several crucial steps: tendering by the bidders, bid evaluation by the client and award of the contract to the successful bidder. This method decreases the number of bids to control and evaluate, concentrating on the quality rather than quantity.

Tender 52

Tender Bidding Bidder Competitive Bidding 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

SEPTEMBER 3, 2024

Having multiple suppliers to choose from allows a procurement team to leverage competitive bidding, ensuring the best value for the organization. In such cases, the competitive bidding requirement is not applicable. It is typically employed to save time and resources by avoiding a competitive bidding process.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

Select GCR

JUNE 11, 2024

In a firm-fixed-price contract, the contractor completes the project requirements at a negotiated price, which does not change, and the contractor bears full responsibility for profit or loss. In these contracts, the profit varies and is adjusted based on the contractor’s performance and the final negotiated fee.

Government 52

Government Government Contract Price 52

The Procurement School

JANUARY 20, 2025

Competitive bids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. What type of payment method should be used?

Negotiation 52

Negotiation Contract Management Management Contract 52

Select GCR

FEBRUARY 25, 2025

Bid matching services can also help businesses identify contract opportunities that align with their capabilities and goals. Evaluating the competition and understanding the market landscape can also help position your bid more effectively.

Government Contracts 52

Government Contracts Bidding Government Government 52