Federal News Network

JUNE 24, 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.

Transparency 80

Transparency Data Procurement Management 80

Oxford College of Procurement and Supply

JANUARY 9, 2024

One way to reach this objective is to focus on the cost of acquisition rather than the price of acquisition. Price and cost are often terms that are used interchangeably but in reality, the terms are quite different. Cost vs Price Consider two people going to a supermarket at the same time to buy the same list of groceries.

Price 59

Price Supplier Quality Procurement 59

SmallGovCon

NOVEMBER 8, 2024

This is something that the National Oceanic and Atmospheric Administration (NOAA) didn’t address in its evaluation for a procurement, resulting in a successful GAO protest. The award decision would be made on a best-value tradeoff approach considering price and non-price factors. But it’s not unlimited.

Sustainability 90

Sustainability Evaluation Price Professional Services 90

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 However, outdated evaluation criteria tailored to on-premises infrastructure still commonly shape procurement processes.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 80

Procurement IT Price Sustainability 80

GovCon & Trade

JANUARY 22, 2024

According to NASA, the SSA was appointed after the Source Evaluation Board (SEB) was selected, and all participants in the procurement process were reminded of their obligations under the FAR, NFS, and Procurement Integrity Act. Generally, agencies are afforded broad discretion when evaluating whether an OCI exists.

Bidding 147

Bidding Procurement Evaluation Influencing 147

The Procurement ClassRoom

MARCH 26, 2019

It is based on years of experience from practicing Public and Project Procurement and takes into consideration bid evaluation procedures and practices applicable under several Public and Project Procurement legal and regulatory frameworks. Bid evaluation is the responsibility of a body known as the Bid Evaluation Panel.

Evaluation 40

Evaluation Bidding Bidder Price 40

GovCon & Trade

NOVEMBER 17, 2023

The report details the most popular reasons for sustaining protests over the prior year: 1) unreasonable technical evaluation; 2) flawed selection decision; and 3) unreasonable cost or price evaluation. The report provides important insights into the current state of GAO bid protests. Most prevalent protest grounds.

Bidding 147

Bidding Sustainability Evaluation Procurement 147

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

Federal News Network

AUGUST 21, 2024

SBA is also contemplating eliminating the HUBZone price evaluation preference to HUBZone joint ventures formed under the Mentor-Protégé Program. Currently, this preference allows a certified HUBZone small business concern (including a HUBZone joint venture) to have a 10% price preference when competing in a full and open competition.

Price 89

Price Evaluation Bidding Innovation 89

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 147

Bidding Evaluation Consulting Import 147

Tendersinfo

APRIL 8, 2021

The factors on which tenders are evaluated in MEAT assessment are Quality Cost-effectiveness approach Technology Aesthetic and functional characteristics Accessibility Social characteristics Environmental characteristics Innovative characteristics After-sales service and technical assistance Delivery date, process, and period.

Procurement Team 52

Procurement Team Evaluation Tender Procurement 52

American City & Country

NOVEMBER 18, 2024

Other agencies can also use the contract with competitive pricing and terms. By pooling demand, public sector entities can benefit from bulk buying discounts and negotiated price reductions. This reduces the need for bid preparation and evaluation. What is Cooperative Purchasing?

Purchasing 58

Purchasing Procurement IT Quality 58

Federal News Network

JANUARY 12, 2024

On November 16, 2023, the General Services Administration issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. limits on the timing and number of price adjustments). Pricing context is dependent on accurate, relevant data.

Price 52

Price Negotiation Data Contract 52

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

SmallGovCon

OCTOBER 9, 2024

SBA recently issued a proposed rule purportedly concerning the HUBZone Program and its regulations–but actually, covering a bevy of other discussions and proposed changes relating to size, SBA’s other small business socioeconomic programs, and even teaming.

Price 75

Price Evaluation Contract Government Contracts 75

Public Contracting Institute

APRIL 19, 2024

Two common contract types are Firm Fixed Price (FFP) and Cost-Reimbursement contracts. Firm Fixed Price Contracts In a Firm Fixed Price contract, the contractor agrees to deliver a specific product or service at a predetermined price. Budget constraints: Evaluate the available budget and the potential for cost overruns.

Price 52

Price Government Government Contract 52

Capital Edge Consulting

MAY 10, 2024

This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices.

Price 52

Price Government Contracts Government Government 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. Jacobs protested that the agency had failed to reasonably justify the award at a $37 million (32 percent) price premium. See FAR 15.308. TeKONTROL, Inc.

Price 52

Price Bidding Government Contracts Evaluation 52

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.

Transparency 64

Transparency Data Procurement Management 64

Federal News Network

FEBRUARY 21, 2024

EPA processing,, TDR expansion, and price evaluation procedures). This week on Off the Shelf , Bill Gormley, president of the Gormley Group , provides the latest update on the Federal Acquisition Service (FAS), including his thoughts on the FAS reorganization and what it means for customer agencies, GSA, and industry.

Price 82

Price Evaluation Networking Contract 82

Federal News Network

SEPTEMBER 19, 2024

We generally negotiated those pricing and terms and conditions with our contracting officers. The cool thing too, is that we used to run separately a pricing compliance report and we’re actually running this report before the vendors even submit their modification.” And so we relaxed that to one process.

Procurement 104

Procurement Purchasing Price Negotiation 104

The CGP

SEPTEMBER 8, 2023

In the interim, the document should be rescinded, with contracting officers referring back to the GSAR and FAR for guidance on determining fair and reasonable pricing. Effective communication leads to better understanding of requirements and regulations, enhanced competition, and increased access to the commercial market.

Transparency 100

Transparency Negotiation Price Procurement 100

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.”

Price 45

Price Negotiation Data Supplier 45

SmallGovCon

FEBRUARY 7, 2024

And, evaluating the product on any characteristics that are not included in the solicitation, even if incorporated by reference to the name brand item, can lead to an improper exclusion of offerors from competition. Well, the answer to that lies in the solicitation. The specifications were listed in a two-page specification sheet.

Evaluation 84

Evaluation Sustainability Price Government Contracts 84

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.

Evaluation 97

Evaluation Procurement Contract Price 97

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).

Negotiation 86

Negotiation Price Transparency Data 86

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.

Evaluation 40

Evaluation Price Government Contracts Consulting 40

Federal News Network

AUGUST 9, 2024

Over the next four years, GSA fine-tuned the applicability/scope of TDR, established evaluation criteria, and monitored TDR performance. In 2021, after reviewing the Fiscal Year 2020 evaluation results, GSA decided that the “TDR Pilot” was eligible for expansion.

Price 77

Price Transparency Supply Chain Data 77

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.

Evaluation 40

Evaluation Quality E-procurement Government Contracts 40

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]

Price 52

Price Government Contracts Government Government 52

SmallGovCon

DECEMBER 21, 2023

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

Sustainability 81

Sustainability Price Government Contracts Evaluation 81

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%. It is implemented at FAR § 25.001. What is a Domestic End Product?

Price 83

Price Government Contracts Manufacturing Purchasing 83

Federal News Network

JULY 10, 2024

Before GAO got to a decision there, the agency took corrective action, held exchanges with Cogent and ASG, got revised quotations, and then decided that actually it was going to award to Cogent which had a substantially lower price. Conflicts of interest in federal contracting can happen in a lot of ways. And it may have scuttled the deal.

Bidder 83

Bidder Contract Evaluation Data 83

Federal News Network

AUGUST 20, 2024

The Department of the Navy’s third attempt to modernize its contract writing system and overall electronic procurement system is on shaky ground. That hubris reared its ugly head most recently in June when the Navy retracted a technical assessment that found shortcomings in the Navy’s electronic procurement system (ePS) program.

Procurement 118

Procurement Electronics Contract Evaluation 118

Procureware

NOVEMBER 16, 2017

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. The post Evaluate the Options: Vendor Networks appeared first on ProcureWare. Please contact us if we can be of assistance.

Evaluation 40

Evaluation Networking E-procurement Supplier 40

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 84

Supply Chain Price Telecommunication Purchasing 84

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 ). Pay a Fair and Reasonable Price ).

Price 63

Price Evaluation Negotiation Purchasing 63