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Introduction The procurement legal frameworks, guidelines, and manuals in many countries, especially in developing nations, often lack comprehensive policies and procedures for contractadministration. For goods , the entity using or nearest to where the goods will be utilized should be involved in contractadministration.
Developing and using checklists can be a great help to increase your understanding of the procurement process and to lessen mistakes you could make if you forget certain important steps. You can develop a checklist to help you remember the basic steps of the procurement and contractadministration process. Leave a comment.
Perfect for new staff, or a five-minute refresher, the first issues are available now: Issue 1 – Introduction to Procurement Issue 2 – Importance of Ethical Procurement Issue 3 – Market Research Issue 4 – Solicitation Methods Issue 5 – ContractEvaluation and Award Issue 6 – The Value of Negotiations Issue 7 – ContractAdministration Issue 8 – Contract (..)
In the past, FAS did, in fact, post operational policy documents, essentially providing the public, including its industry partners, with a virtual library of the guidance governing and shaping contractadministration and management across the organization.
Our Cost and Price Analysis Workshop provides in-depth guidance on performing and documenting price and cost analysis for government contracts. Evaluating and Selecting Winning Proposals Developing clear evaluation criteria and best practices for proposal review and scoring is essential for selecting the right contractor.
The Procurement Team involves divisions like Procurement Manager, Budget Holder, Management of the contract, and representatives of different sectors. The higher the value of the contract higher is the team size hence it important to understand the metrics based on which a bid is successful.
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.” To its credit, FAS is working to update/revise PAP 2021-05.
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.” To its credit, FAS is working to update/revise PAP 2021-05.
It’s important work. So, one of the barriers to this is, in fact, many contracts have a labor category requirement, degree, years of experience, etc., which may or may not bear a direct relationship to a person’s ability to do the work, but it is necessary to comply with the contract.
Now, in part 2 of this series, we’ll finish our discussion of preparation and cover the importance of establishing a clear and coherent solicitation process. Everyone does, here’s how: Contracting Program Industry Can seek constructive feedback and correct areas that are incomplete or ambiguous.
This is further developed into policies and procedures, procurement and contractadministration manuals and guidelines, including standard bidding documents which are used for inviting bids and proposals. Checklists are important to your professional development as a procurement practitioner. How is it done?
Applicability of the FAR Cost Principles The FAR Cost Principles apply to the “pricing of contracts, subcontracts, and modifications whenever cost analysis is performed.” [1] 3] Cost analysis is frequently performed, and the Cost Principles frequently apply, in pricing both fixed-price and cost-reimbursement contracts. 19] KBR Servs.,
No discussion of the effective administration of Federal procurement can ignore the reality that the Executive Branch and Congress have leveraged the procurement system to affect important social policy goals. Such is the case regarding FAS Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing.
No discussion of the effective administration of Federal procurement can ignore the reality that the Executive Branch and Congress have leveraged the procurement system to affect important social policy goals. Such is the case regarding FAS Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing.
No discussion of the effective administration of Federal procurement can ignore the reality that the Executive Branch and Congress have leveraged the procurement system to affect important social policy goals. Such is the case regarding FAS Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing.
So, if the solicitation had language or terms that contemplated the possibility of cost volatility (notwithstanding seeking a fixed price), arguably, offerors should have anticipated the issue as a significant possibility for contractadministration. and extending the delivery schedule was a major change to the contract.
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.”
This guide breaks down the major contract types government agencies use, including fixed-price, cost reimbursement, time and materials, and IDIQ contracts. Each contract type has specific uses and benefits, which are important for any business aiming to work with the government.
Last week, PBS posted and subsequently removed a list of Federal buildings the agency is considering selling, stating that it will republish the list in the near future after an evaluation to determine how to make it easier to understand for stakeholders. This is important for contractadministration and staffing concerns.
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