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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies. Most organizational procurement policies define thresholds that dictate when a particular method should be used.

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CDA Claims vs. Requests for Equitable Adjustment

LexBlog: Contracts & Procurement

In terms of differences, REAs are generally less formal than Claims and amount to a request for negotiated settlement of a disputed amount. But do note that REAs above the simplified acquisition threshold submitted to agencies in the DoD require a two-prong certification. What If the Government Rejects the REA (or Fails to Respond)?

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Understanding the new Procurement Act 2023: What suppliers need to know - Part 1

VWV

For below threshold contracts , Contracts Finder will still be active. For above threshold contracts , the new Central Digital Platform will be the primary tool for finding upcoming opportunities. You can consult Schedule 1 of the PSR or our specialist Healthcare Procurement team for more details.

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For contractors, a lot to ponder five months into the fiscal year

Federal News Network

For a perspective, the Federal Drive with Tom Temin spoke with federal sales and marketing consultant Larry Allen. I think that the nature of service buyers, typically, they’re going to be over the simplified acquisition threshold, for all but the most modest types of programs.

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Friday Flash 02/09/2024

The Coalition for Government Procurement

In addition, procuring agencies are directed to consult with the SBS and PCR if a MAC is not set aside for small business or where less than 30 percent of awardees will be small business. Agencies are directed to focus attention on maximizing small business participation below the simplified acquisition threshold.

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Friday Flash 10/20/23

The Coalition for Government Procurement

In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. In the past, the regional structure gave rise to differing cultures, negotiation approaches, and interpretations of applicable regulations and solicitation provisions. 5] Thus, OHA found the JV ineligible for award.

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Friday Flash 06/07/2024

The Coalition for Government Procurement

1 Simplified Acquisition Threshold: The bill would raise the simplified acquisition threshold (SAT) from $250,000 to $500,000. Unlike traditional competition requirements, these procedures are more streamlined and flexible. To register for this members-only meeting, click here.