Oxford College of Procurement and Supply

AUGUST 23, 2023

In this post, we explain what strategic sourcing is, why it is important and how it can be implemented. The process of strategic sourcing requires continuous market analysis, goal recognition and an ongoing re-evaluation of sourcing activities. Traditional sourcing was all about sourcing goods at the lowest possible price.

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Strategic Sourcing Import Total Cost of Ownership IT 52

The Coalition for Government Procurement

JANUARY 12, 2024

On November 16, 2023, GSA issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. The rule proposes to remove “certain economic price adjustment requirements within these clauses to better align with commercial standards and practices.”

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Price Negotiation Data Supplier 45

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. South Dade A/C and Refrig., B-421406, April 25, 2023.

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Evaluation Quality E-procurement Government Contracts 40

The Coalition for Government Procurement

JUNE 21, 2024

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. GSA’s current use of algorithms and pricing data is instructive in this regard.

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Transparency Data Procurement Management 64

Tendersinfo

APRIL 8, 2021

The weightage of each criterion determines the relative importance of that criterion to meet the requirements of the government project. Evaluation of tender is divided into two parts first being the technical Evaluation that involves the assessment of the tender bin its technical merit.

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Procurement Team Evaluation Tender Procurement 52

Public Contracting Institute

JULY 31, 2024

An RFP is typically used for complex projects where the agency needs detailed proposals, while an RFQ is more suitable for simpler purchases where price is the primary factor. Mastering Cost and Price Analysis Accurate cost estimation and effective price analysis are crucial components of successful RFPs and RFQs.

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Negotiation E-procurement Price Government Contracts 52

Federal News Network

NOVEMBER 3, 2023

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.” Pay a Fair and Reasonable Price ). Emphasis added.) See Section 2.

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Price Evaluation Negotiation Purchasing 68

Federal News Network

JULY 12, 2024

The BAA, however, is a price evaluation preference, which means if the price of a Chinese product is low enough, the federal government will buy that product. For large business offerors, the price preference added to non-domestic offers is 20%, and for small business offerors, it is 30%.

Supply Chain 93

Supply Chain Price Telecommunication Purchasing 93

GovCon & Trade

DECEMBER 5, 2023

The decision offers important lessons that contractors should keep in mind when evaluating solicitations; submitting proposals; and evaluating whether and when to file a bid protest. The procurement contemplated the award of a fixed-price contract for help on two missions in the region.

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Bidding Evaluation Consulting Import 147

Federal News Network

AUGUST 21, 2024

So in this case, this was a procurement under GSA stars three GWAC vehicle and the task order RFP sought a range of technology support services for the Air Force Civil Engineering Center, and it was structured as a primarily fixed price task order with a one year base period and four one year options and an optional six month extension.

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Evaluation Procurement Contract Price 101

GovCon & Trade

DECEMBER 5, 2023

The decision offers important lessons that contractors should keep in mind when evaluating solicitations; submitting proposals; and evaluating whether and when to file a bid protest. The procurement contemplated the award of a fixed-price contract for help on two missions in the region.

Bidding 130

Bidding Evaluation Consulting Import 130

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

The Procurement School

APRIL 22, 2024

A lack of clarity will be reflected in the quality of the solicitation document, the evaluation criteria and the bid submissions. Calculate the Procurement Value This step is important as it helps to determine the procurement approach and secures the necessary funding. Click here for more information on RACI charts.

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Procurement Market Analysis Bidder Public Procurement 52

Federal News Network

OCTOBER 20, 2023

PAP 2021-05, Evaluation of FSS Program Pricing, is one such example. This PAP fundamentally alters the MAS negotiation process, establishing evaluation standards, requirements, and procedures not found in the Federal Acquisition Regulation (FAR) or the General Services Acquisition Regulation (GSAR). How old is the data?

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Negotiation Price Transparency Data 95

SmallGovCon

JUNE 19, 2024

Price Preference For civilian agencies , if the contractor with the lowest priced domestic end product is a large business, then the agency will add a price evaluation penalty to the offeror with the lowest priced foreign end product of 20%. What is a Domestic End Product?

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Price Government Contracts Manufacturing Purchasing 80

The CGP

SEPTEMBER 8, 2023

Doing so is important especially when proposed guidance rises to the level of rulemaking and/or creates new paperwork requirements for private firms seeking to participate in FAS programs. Additionally, FAS should provide the public with a notice and the opportunity to comment on proposed new operational guidance.

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Transparency Negotiation Price Procurement 100

SmallGovCon

DECEMBER 21, 2023

When submitting an offer, it is important to make sure that all the requirements of the solicitation are met. 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 78

Federal News Network

FEBRUARY 9, 2024

Back then, when the MAS was a mandatory source and was limited to products, like office supplies, many in government interpreted the “lowest cost alternative” to default to lowest price, as price was the most discriminating factor. Forty years later, the MAS program is no longer a mandatory source.

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Price Quantity Quality Import 52

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. When [Sen.]

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Contract Price Evaluation Bidding 119

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

The Procurement School

JULY 16, 2024

For a more complete description of Contract Management process click here Clear Language Clear and precise contract terms and conditions are important in contract management. One of the greatest sources of contract disputes is how to handle price increase requests where there is no clear contract language.

Efficiency 52

Efficiency Procurement Contract Supplier 52

The Coalition for Government Procurement

NOVEMBER 3, 2023

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.” Pay a Fair and Reasonable Price ). Emphasis added.) See Section 2.

Price 49

Price Evaluation Negotiation Purchasing 49

Federal News Network

DECEMBER 20, 2023

It used a slightly unconventional approach to evaluating bidders. And then assuming you passed, they would assess you based on technical approach and capability, and price. Price was a typical submitted a proposal submission, but for technical approach and capability. But what it actually says is your evaluation criteria.

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Bidder Price Sustainability Evaluation 82

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.

Bidding 52

Bidding Evaluation Sustainability E-procurement 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 25.501(d).

Manufacturing 52

Manufacturing Price Purchasing Evaluation 52

The Coalition for Government Procurement

FEBRUARY 9, 2024

Back then, when the MAS was a mandatory source and was limited to products, like office supplies, many in government interpreted the “lowest cost alternative” to default to lowest price, as price was the most discriminating factor. Forty years later, the MAS program is no longer a mandatory source.

Price 45

Price Quantity Quality Import 45

Mike Purdy's Public Contracting

FEBRUARY 24, 2015

Invitation to Bid: Public agencies that issue an Invitation to Bid (or a Request for a Quote) have defined a specific scope of work for which they are requesting bid prices. Making the decision of award will be based on price alone. How much is price worth? will be awarded the contract.

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Bidding IT Price Evaluation 100

Government Contracts Legal Forum

AUGUST 8, 2023

July 3, 2023, 2023 CPD ¶ 165, in which GAO discussed the amount of documentation needed to support an agency’s price analysis. The agency would also evaluate whether the offerors’ proposed hourly rates were “reasonable.” The agency would also evaluate whether the offerors’ proposed hourly rates were “reasonable.”

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Sustainability Bidding Price Evaluation 40

Procureware

NOVEMBER 16, 2017

As a procurement manager, you know how important suppliers are to your organization. In government co-ops, a lead government agency issues a solicitation for a good or service, evaluates proposals, and awards a contract. And the pricing under these contracts may not be the absolute lowest.

Evaluation 40

Evaluation Networking E-procurement Supplier 40

The Coalition for Government Procurement

JULY 12, 2024

The BAA, however, is a price evaluation preference, which means if the price of a Chinese product is low enough, the federal government will buy that product. For large business offerors the price preference added to non-domestic offers is 20%, and for small business offerors it is 30%.

Supply Chain 45

Supply Chain Price Telecommunication Thresholds 45

The Procurement School

SEPTEMBER 15, 2023

This two-part series discusses the five steps of the procurement journey beginning with concept and development and continuing with posting, evaluation and award. It is important that key subject matter experts (SMEs) are involved with the planning of the project. The Procurement Process – Buyandsell.gc.ca

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Procurement Bidder Procurement Strategies Evaluation 52

The Coalition for Government Procurement

DECEMBER 15, 2023

Stakeholders must appreciate and understand that there is a nexus between requirements and price, especially for small businesses. Data context in assessing fair and reasonable pricing is foundational to sound acquisition business decisions. Competition and industrial base are important to the vitality of the procurement system.

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Price Procurement Data Quantity 64

Public Contracting Institute

NOVEMBER 22, 2023

This blog has frequently stressed the importance of responding to any solicitation by the due date/time, fully, and in complete accord with the solicitation. The pre-proposal questions and responses made it clear that the agency would not evaluate proposals that were non-compliant with the solicitation instructions.

Price 52

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

Tracker Intelligence

AUGUST 4, 2024

Taking advantage of Tracker’s tender writing tools will help you craft a winning tender response without the fear of overlooking or ignoring important information. This is an important step of the process, and clarifying your capabilities to resolve current problems could help you stand out from competitors.

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Tender Contract Buyers Supply Chain 52

AWS Public Sector

MARCH 19, 2024

To fully harness the cloud’s potential, organizations should shift their mindset and adopt procurement processes that let them successfully evaluate options and choose the best solution. However, outdated evaluation criteria tailored to on-premises infrastructure still commonly shape procurement processes. We have a limited budget.

Procurement 72

Procurement IT Price Sustainability 72

Public Contracting Institute

DECEMBER 6, 2023

This blog has frequently stressed the importance of responding to any solicitation by the due date/time, fully, and in complete accord with the solicitation. The pre-proposal questions and responses made it clear that the agency would not evaluate proposals that were non-compliant with the solicitation instructions.

Price 52

Price Quantity Evaluation Procurement 52