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.

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Transparency Data Procurement Management 98

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

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 59

Purchasing Procurement IT Quality 59

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.

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Price Negotiation Data 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. 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.

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Price Bidding Government Contracts Evaluation 52

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.

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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

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.

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Price Evaluation Bidding Innovation 109

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

Evaluation 40

Evaluation Quality E-procurement Government Contracts 40

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

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.

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Price Evaluation Contract Government Contracts 76

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.

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Procurement IT Price Sustainability 78

GovCon & Trade

DECEMBER 18, 2023

By: Richard Arnholt On November 8, the Government Accountability Office (GAO) denied an unsuccessful bidder’s protest that asserted the Veteran Administration’s (VA) evaluation of Texas Waste Company’s past performance was unreasonable and reflected the Contracting Officer’s (CO) bias.

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Bidding Contract Evaluation Price 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.

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Evaluation Bidding Bidder Price 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

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

The Coalition for Government Procurement

SEPTEMBER 22, 2023

This week, in the spirit of “Fair and Reasonable Transparency,” the Coalition submitted to the Federal Acquisition Service (FAS) feedback on its “ FAS Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing.” Beyond the non-mandatory nature of the FSS program, all task and delivery orders are governed by the FAR 8.4

Price 40

Price Transparency Negotiation Electronics 40

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.

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Procurement Team Evaluation Tender Procurement 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 ). Pay a Fair and Reasonable Price ).

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Price Evaluation Negotiation Purchasing 90

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

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.

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Price Evaluation Networking Contract 104

Government Contracts & Investigations

FEBRUARY 29, 2024

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. 28] DCAA Audit Guidance Chapter 6 of the DCAM, Incurred Cost Audit Procedures, includes detailed guidance for evaluating the reasonableness of compensation costs.

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Price Government Contracts Government Government 52

Federal News Network

OCTOBER 25, 2024

The General Services Acquisition Regulation (GSAR) and the Federal Acquisition Regulation (FAR) set forth the policies and procedures for the evaluation and negotiation of “fair and reasonable” contract level pricing under the Federal Supply Schedule (FSS) program. Price protections — most favored nations clauses.

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Negotiation Price Government Government 59

Public Contracting Institute

NOVEMBER 7, 2024

A contracting officer’s consent to subcontract or approval of the contractor’s purchasing system does not constitute a determination of the acceptability of the subcontract terms or price, or of the allowability of costs, unless the consent or approval specifies otherwise. FAR 44.203(a).

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Price Purchasing Data Contract 52

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. GAO noted that the evaluation of past performance is a matter of discretion which will only be disturbed if the Agency’s assessments are unreasonable.

Contract 52

Contract Price Evaluation Government Contracts 52

Oxford College of Procurement and Supply

AUGUST 23, 2023

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. Where price is the primary component of traditional sourcing, it is just one component of strategic sourcing.

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Strategic Sourcing Import Total Cost of Ownership IT 52

Public Contracting Institute

JULY 23, 2024

First, GAO noted that it is a fundamental principle of federal procurement law that a contracting agency must treat all offerors and evaluate their proposals even-handedly against the solicitation’s requirements and evaluation criteria. See Deloitte Consulting, LLP; Softrams, LLC, B-421801 et al, Jan.

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Sustainability Evaluation Price Consulting 52

Government Contracts Legal Forum

JULY 18, 2024

CMS evaluated Sparksoft and the eventual awardee, TSG, as follows: Sparksoft protested, challenging numerous areas of the agency’s evaluation, including challenges under both of the non-cost evaluation factors. GAO walked through challenge after challenge, rejecting each one.

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Sustainability Bidding Evaluation Price 52

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.

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Bidder Contract Evaluation Data 108

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

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.

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Procurement Purchasing Price Negotiation 108

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

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%.

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Supply Chain Price Telecommunication Purchasing 104

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).

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Negotiation Price Transparency Data 105

Select GCR

SEPTEMBER 17, 2024

Key Takeaways Understanding the different types of government contracts—fixed price, cost reimbursement, and time and materials—is crucial for businesses to manage risks and costs effectively while engaging with government projects. There are three primary types of contracts: fixed price, cost reimbursement, and time/materials contracts.

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Government Government Contract Government Contracts 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.

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Contract Price Evaluation Bidding 119