Remove Definition Remove Evaluation Remove Quality
article thumbnail

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

The Procurement ClassRoom

  Quality and Cost-Based Selection (QCBS) and Quality-Based Selection (QBS)   Quality and Cost-Based Selection (QCBS) and Quality-Based Selection (QBS) are competitive procurement methods used for acquiring consultancy services.

article thumbnail

Why is Benchmarking key for Optimum Business Value?

Oxford College of Procurement and Supply

In order to evaluate whether suppliers offers are giving a business the optimum value, benchmarking is required. Compliance Cycle times Defects ESG Innovation KPI performance Lead times Quality And of course . Procurement is all about achieving value for money.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Bid Evaluation Process

The Procurement ClassRoom

As the field of Procurement is still evolving and scholars don’t seem to subscribe to universal definition of concepts such as what constitute the procurement cycle, this article does not make reference to any textbook or academic publication. Bid evaluation is the responsibility of a body known as the Bid Evaluation Panel.

article thumbnail

Performance Risk is Intrinsic to Stated Evaluation Factors

Public Contracting Institute

In a recent protest, the Government Accountability Office (“GAO”) held that although performance risk was not specifically listed as an evaluation criterion, an agency may always consider risk that is intrinsic to the stated evaluation factors. South Dade A/C and Refrig., B-421406, April 25, 2023.

article thumbnail

Publication of refreshed Fair Work First in Procurement Guidance

Scottish Government Procurement

The purpose of this updated guidance is to support implementation of FWF, the Scottish Government’s policy for driving high quality fair work and workforce diversity across the labour market in Scotland by providing more detailed practical guidance. This replaces the previous Best Practice Guidance and Toolkit published in 2018.

article thumbnail

Contractor Performance Information (FAR 42.15) and the Contractor Performance Assessment Reporting System (CPARS)

Public Contracting Institute

The “orders under single-agency contracts” Policy (FAR 42.1502(d)) This policy owns definitive clout and the interpretation of this policy warrants some appreciative clarity and confirmation. The policy reads: “Orders under single-agency contracts. Is there a contradiction or what is the correct interpretation?

article thumbnail

The reason why the Air Force pulled the plug on a huge cyber contract may surprise you

Federal News Network

The excitement over this potentially $5 billion multiple award indefinite delivery, indefinite quality contract among industry was a high as any opportunity on the street over the last few years. The Air Force was 18 months into the Enterprise Cyber Capabilities acquisition and on the brink of making awards. It is in neither the U.S.

Contract 105