Public Contracting Institute

APRIL 19, 2024

When it comes to government contracting, choosing the right contract type is crucial for the success of your project. Two common contract types are Firm Fixed Price (FFP) and Cost-Reimbursement contracts. FFP contracts may be more suitable for experienced contractors with a proven track record.

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Price Government Government Contract 52

Public Contracting Institute

JUNE 5, 2024

Offerors are sometimes distressed when an agency selects a significantly higher priced, higher technically rated proposal in a best value determination. The rejected offeror may believe that the government has not properly conducted the best value determination, and request a quantification of the benefits in the higher rated proposal.

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Price Bidding Government Contracts Evaluation 52

Public Contracting Institute

SEPTEMBER 21, 2023

In a solicitation for design-build construction services related to Fort Bragg, NC, Midnight alleged that the evaluation was improper and used unstated evaluation criteria. Midnight asserted that the Corps unreasonably evaluated the awardee’s technical approach as superior due to its inclusion of a conceptual design.

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Evaluation Price Government Contracts Consulting 40

Public Contracting Institute

SEPTEMBER 7, 2023

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. For other helpful suggestions on government contracting, visit: Richard D.

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Evaluation Quality E-procurement Government Contracts 40

GovCon & Trade

FEBRUARY 28, 2024

The protestor’s proposed price was $30,478,050, and its total evaluated price was $30,566,297. The intervenor’s proposed price was $24,848,774, and its total evaluated price was $25,116,561. In response, the Navy insisted that the intervenor’s proposed price of $24.8 4106(f)(1) and 10 U.S.C.

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Bidding Thresholds Price Evaluation 147

Public Contracting Institute

JULY 31, 2024

In the world of government contracting, understanding the basics of Requests for Proposals (RFPs) and Requests for Quotations (RFQs) is crucial. Let’s explore the six essential elements that make RFPs and RFQs successful in government contracting.

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Negotiation E-procurement Price Government Contracts 52

Government Contracts Navigator

FEBRUARY 14, 2024

DISPARATE TREATMENT MATERIAL EXCEPTION PRICE EVALUATION PAST PERFORMANCE BEST VALUE DETERMINATION The post 60-Second Sustains: Deloitte Consulting LLP and Softrams LLC appeared first on Government Contracts Navigator. Jochum ● Deloitte Consulting LLPB-422094; B-422094.2 Deloitte Consulting LLP; Softrams, LLCB-421801.2,B-421801.3,B-421801.4,B-421801.5,B-421801.6

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Consulting Sustainability Price Evaluation 62

Public Contracting Institute

FEBRUARY 28, 2024

LPE protested that the agency improperly accepted MPZA’s past performance under a bridge contract, had improperly evaluated proposals technically, and made an improper best value selection. million while LPE’s price was $28.6 million while LPE’s price was $28.6 In the end MPZA received award as best value.

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Contract Price Evaluation Government Contracts 52

SmallGovCon

JUNE 19, 2024

We get a lot of questions about federal government contracting as federal government contracting attorneys, which makes sense. This is also unsurprising, as the government really did not do the best job in making it clear what this act does. Looking for the latest government contracting legal news?

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Price Government Contracts Manufacturing Purchasing 86

SmallGovCon

DECEMBER 21, 2023

This is essentially Federal Government Contracting 101 and applies to any type of solicitation. 17, 2023) , GAO looked at this issue in the context of a lowest-price, technically acceptable (LPTA) solicitation for a brand name or better product, with an unexpected ending that the protester surely did not see coming.

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Sustainability Price Government Contracts Evaluation 83

SmallGovCon

FEBRUARY 7, 2024

Solicitations for brand name or equal products are commonly used by contracting officers to ensure that the products procured via the contract meet minimum requirements. The RFQ was for the award of a contract to the offeror that offered the “lowest-price technically acceptable quotation considering price and technical acceptability.”

Evaluation 87

Evaluation Sustainability Price Government Contracts 87

GovCon & Trade

OCTOBER 19, 2023

In the article, we outlined some key elements that government contractors should consider when deciding whether to submit CSO proposals include: Evaluation: CSOs are reserved for the acquisition of products or services new to the federal contracting space.

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Government Government Price Innovation 147

Tendersinfo

APRIL 8, 2021

The weightage of each criterion determines the relative importance of that criterion to meet the requirements of the government project. The regulation is such that the criteria for contract award must be linked to the subject matter relating to work, services, or supplies of the contract in question.

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Procurement Team Evaluation Tender Procurement 52

Select GCR

JUNE 11, 2024

If you’re exploring contract types that any government agency uses, understanding the distinctions between fixed-price, cost-reimbursement, and other specialized contracts is paramount. This guide cuts through the complexity, offering a concise overview of each contract type’s structure and purpose in federal procurement.

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Government Government Contract Price 52

Public Contracting Institute

JUNE 12, 2024

The award was to be made on a best-value tradeoff with two factors—past performance (significantly more important) and price (less important. Finally, the solicitation stated that “Offerors are responsible for including sufficient details, in a concise manner, to permit complete and accurate evaluation of each proposal.

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Evaluation Price Government Contracts Import 52

SmallGovCon

SEPTEMBER 17, 2024

SBA’s proposed rule would change HUBZone protests appeals, principal office requirements (which we did discuss a bit before here ), HUBZone map concepts, and the HUBZone price evaluation preference (PEP). PEP (Price Evaluation Preference) Finally, we look at proposed changes to the HUBZone PEP. Email us here.

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Price Bidder Evaluation Procurement 86

Public Contracting Institute

APRIL 26, 2024

During a debriefing, a disappointed offeror is entitled to obtain the following information about the winning contractor: (i) the overall evaluated cost or price (including unit prices) and (ii) the technical ranking of the winning contractor relative to the technical ranking of the debriefed offerors. FAR 15.506(d).

Negotiation 52

Negotiation Price Bidding Evaluation 52

Government Contracts Legal Forum

AUGUST 8, 2023

All through 2023, Crowell’s Government Contracts Practice will keep you up to date with a summary of the most notable bid protest sustain decision each month. July 3, 2023, 2023 CPD ¶ 165, in which GAO discussed the amount of documentation needed to support an agency’s price analysis.

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Sustainability Bidding Price Evaluation 40

Federal News Network

FEBRUARY 29, 2024

chairman of Homeland Security and Governmental Affairs Committee, and Joni Ernst (R-Iowa), ranking member of the Small Business and Entrepreneurship Committee, are trying to correct a misunderstanding of congressional intent when it comes to how and when agencies should consider price when reviewing proposals for contracts.

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Contract Price Evaluation Bidding 119

Public Contracting Institute

MAY 20, 2024

It typically involves the following steps: Identifying opportunities Reviewing solicitation documents Attending pre-bid meetings Preparing and submitting a responsive bid Participating in bid evaluation and negotiations To excel in the bidding process, consider enrolling in our Life Sciences Contracting 101 course.

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Bidding Government Government Negotiation 52

Government Contracts & Investigations

FEBRUARY 29, 2024

The remaining successful protests were post-award victories that fall into categories similar to those we saw at the GAO: (1) improper technical evaluation; (2) inadequate documentation; (3) flawed price analysis. The protester’s spreadsheets were off by 30 hours, which resulted in a price difference of 0.063%. In KPMG, LLC v.

E-procurement 52

E-procurement Price Bidder Evaluation 52

Public Contracting Institute

MAY 8, 2024

However, the bid exceeded the Independent Government Estimate (“IGE”) of $46.6 The Corps canceled the IFB citing that all bids were at unreasonable prices and cancellation was in the public interest. For other helpful suggestions on government contracting, visit: Richard D. million and the amount of funds ($60.4

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Bidding Procurement E-procurement Negotiation 52

Public Contracting Institute

JULY 19, 2024

As we prepare for our 15th episode of Season 11, here are a few Episode 15 FAR Facts for us to think about: Under the Buy American Act, a foreign end product may be purchased if the contracting officer determines that the price of the lowest domestic offer is unreasonable or if another exception applies. FAR 25.001(a)(1). FAR 25.402.

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Manufacturing Price Purchasing Evaluation 52

Government Contracts

JANUARY 26, 2024

Government Accountability Office rejected a medical firm's efforts to again upend a pending $44 billion defense contract for professional medical services, saying the Defense Health Agency's revamped evaluation methodology appropriately accounted for bidders' proposed pricing.

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Bidder Price Accountability Evaluation 52

Government Contracts Legal Forum

JANUARY 30, 2024

The request for quotations (RFQ) included a two-page specification sheet identifying the salient characteristics of the wheel loader equipment and stated that award would be made on a lowest price, techncally acceptable basis. The post January 2024 Bid Protest Sustain of the Month appeared first on Government Contracts Legal Forum.

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Sustainability Bidding Evaluation Price 40

Public Contracting Institute

JULY 5, 2024

In the complex world of government contracting, understanding and implementing Cost Accounting Standards (CAS) is crucial for success. This standard is a cornerstone of proper financial management for contractors working with the federal government.

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Accountability Government Contracts Price Contract 52

Select GCR

SEPTEMBER 3, 2024

Legitimate sole source situations require thorough justification, including market research and analysis, evidence of unique expertise or specialized needs that only one vendor can fulfill, and a demonstration that the price is fair and reasonable. This must be demonstrated along with ensuring the price is fair and reasonable.

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Procurement Supplier Price Competitive Bidding 52

Public Contracting Institute

NOVEMBER 29, 2023

These were: Unreasonable technical evaluation Flawed selection decision Unreasonable cost or price evaluation The GAO also noted that a significant number of protests it received did not reach a decision on the merits because agencies voluntarily took corrective action rather than defend the protest on the merits.

Sustainability 52

Sustainability Bidding Evaluation Government Contracts 52

Government Contracts & Investigations

FEBRUARY 29, 2024

After receiving quotations, the contracting officer added salient characteristics to the technical evaluation form to be considered during evaluations that were not stated in the solicitation. For the awardee’s first prior experience example, the TET report did not analyze or evaluate the size of the project.

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Bidding Evaluation Sustainability E-procurement 52

Public Contracting Institute

JULY 14, 2024

This standard ensures consistency and fairness in cost accounting practices across government contractors. To truly grasp the importance of CAS 407, it’s essential to have a solid foundation in government contracting principles.

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Government Contracts Accountability Efficiency Budget 52

Public Contracting Institute

DECEMBER 6, 2023

The Government Accountability Office (“GAO”) noted that if the proposal submission requirements are clear (and they were clear here), an agency is not required to permit an offeror who fails to comply with a mandatory solicitation requirement to cure its defective proposal.

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Price Quantity Evaluation Procurement 52

Government Contracts Legal Forum

FEBRUARY 9, 2024

Key provisions of the Proposed Rule would: Prohibit federal contractors and subcontractors from seeking and considering information about job applicants’ compensation history when hiring or setting pay for personnel working “on or in connection with” a government contract or subcontract. View the full article

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Transparency Bidding Price Government Contracts 52

Public Contracting Institute

NOVEMBER 22, 2023

The Government Accountability Office (“GAO”) noted that if the proposal submission requirements are clear (and they were clear here), an agency is not required to permit an offeror who fails to comply with a mandatory solicitation requirement to cure its defective proposal.

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Price Quantity Import Evaluation 52

The Coalition for Government Procurement

FEBRUARY 23, 2024

First and foremost, if enacted, the legislative language will enable the Schedule program to continue to modernize beyond the price reduction clause, which clause represents the antithesis of best value. Certainly, there will be task or delivery order competitions where price is the determining factor.

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Price Innovation Quality Participation 45

Government Contracts Legal Forum

AUGUST 9, 2024

2] Schneider Electric held federally funded energy-savings performance contracts, under which its employees fraudulently charged the government for prohibited design costs disguised as allowable unrelated pricing components. Attorney’s Office for the District of Vermont relating to kickbacks and overcharges.[2]

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Evaluation Government Contracts Ethics Government 52

Open Contracting Partnership

SEPTEMBER 3, 2024

Her passion for helping others understand government contracting led her to join forces with data scientist Marcelo Blanco and establish B2Gov. Identifying what’s valuable The unit price in a procurement procedure is the fundamental variable that B2Gov always strives to provide their clients.

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Data Public Procurement Tender Price 56

Government Contracts & Investigations

OCTOBER 11, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. 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]

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Price Government Contracts Government Government 52