Federal News Network

OCTOBER 20, 2023

In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. In the past, the regional structure gave rise to differing cultures, negotiation approaches, and interpretations of applicable regulations and solicitation provisions. Data context is critical to data driven decision making.

Negotiation 87

Negotiation Price Transparency Data 87

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

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

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 Negotiation Price 104

The Coalition for Government Procurement

JANUARY 24, 2025

Embrace dynamic pricing models that leverage competition from the commercial market. There simply needs to be greater flexibility in pricing to meet customer demand across the federal market. Static pricing ultimately hinders competition and reduces value for customer agencies.

Efficiency 40

Efficiency Procurement Government Government 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.”

Price 45

Price Negotiation Data Supplier 45

Select GCR

OCTOBER 29, 2024

HUBZone-certified businesses not only gain eligibility for set-aside contracts but also receive a 10% price evaluation preference in full and open contract competitions. Cost: provide a clear and competitive pricing structure for your services.

Government 52

Government Government Government Contracts Negotiation 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.

Negotiation 58

Negotiation Price Government Government 58

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

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.

Price 63

Price Evaluation Negotiation Purchasing 63

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

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.

Negotiation 52

Negotiation E-procurement Price Evaluation 52

AWS Public Sector

FEBRUARY 29, 2024

Forrester identified AWS Marketplace as a leader in its most recent Forrester Wave evaluation of software as a service (SaaS) marketplaces. Myth #2: The prices in the marketplace are much higher than the ones I got quoted by my software vendor AWS Marketplace is a public website, so many software manufacturers choose to post MSRP-like prices.

Government 81

Government Government Purchasing Negotiation 81

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

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. If the lead agency that negotiates the contract has more experience than your organization, you can benefit from their expertise. And the pricing under these contracts may not be the absolute lowest.

Evaluation 40

Evaluation Networking E-procurement Supplier 40

Federal News Network

APRIL 19, 2024

These regulations and associated guidance address a host of contracting officer responsibilities, including but not limited to, proposal evaluation, negotiations, price and/or cost analysis, data rights, and foreign acquisition ( e.g. , TAA). For this reason, procurement policy flow-downs cannot be one-sided.

Procurement 67

Procurement Negotiation Price Transparency 67

Select GCR

DECEMBER 3, 2024

Government agency programs like the GSA Schedules provide long-term contracts, allowing businesses to sell commercial products and services at pre-negotiated prices, simplifying the purchasing process. Understanding the pricing structure outlined in the RFP can help in formulating a bid that aligns with government expectations.

Bidding 52

Bidding Government Government Buyers 52

Federal News Network

JUNE 4, 2024

I think most government contractors have contracts that are negotiated and the prices are negotiated upfront, and then they have to adhere to those prices over the course of the entire five-to-10 year contract. And that shows up in the way they’re evaluating the RFP, for sure. Tom Temin Right. They want both.

Government 126

Government Government Supply Chain Manufacturing 126

American City & Country

AUGUST 27, 2024

The SiteOne executive says cooperative purchasing agreements can help local governments streamline the procurement process by reducing the time spent seeking bids, evaluating vendors and negotiating individual contracts. Michael Keating is senior editor for American City & County. Contact him at michael.keating@informa.com.

Government 98

Government Government Bidding Purchasing 98

Public Contracting Institute

APRIL 26, 2024

In our next session, we will cover FAR Part 15 (Contracting by Negotiation) As we prepare for our 9th episode of Season 11, here are a few FAR Facts for us to think about: A contract awarded using other than sealed bidding procedures is a “negotiated ” FAR 15.000. The Government is not required to hold in-person FAR 15.505(c).

Negotiation 52

Negotiation Price Bidding Evaluation 52

American City & Country

SEPTEMBER 18, 2024

Cooperative contracts simplify and expedite the procurement process by including pre-negotiated terms and conditions that comply with government regulations, thereby reducing administrative overhead and the risk of non-compliance.” Cunningham says cooperative agreements can help cities and counties acquire needed technology.

Purchasing 110

Purchasing Total Cost of Ownership Government Government 110

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

Public Contracting Institute

MAY 8, 2024

Under some circumstances, if an IFB is canceled but the requirement remains, the agency may complete the procurement by converting it to a negotiated procurement, but FAR 14.404-1 places limitations on when this is permitted. In Great Lakes Dredge & Drydock Co., LLC, B-421676.4, million and the amount of funds ($60.4

Bidding 52

Bidding Procurement E-procurement Negotiation 52

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.

Price 52

Price Government Contracts Government Government 52

The Coalition for Government Procurement

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.

Negotiation 40

Negotiation Price Government Government 40

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.

Bidding 52

Bidding Government Government Negotiation 52

Select GCR

MAY 7, 2024

Securing a contract involves preparing a competitive proposal that meets the solicitation document’s requirements, developing effective pricing strategies that balance competitiveness with profitability, and potentially navigating subcontracting and partnerships.

Government Contracts 98

Government Contracts Government Government Contract 98

The Coalition for Government Procurement

APRIL 19, 2024

These regulations and associated guidance address a host of contracting officer responsibilities, including but not limited to, proposal evaluation, negotiations, price and/or cost analysis, data rights, and foreign acquisition ( e.g. , TAA). For this reason, procurement policy flow-downs cannot be one-sided.

Procurement 49

Procurement Negotiation Price Transparency 49

Tendersinfo

MARCH 24, 2021

Procurement Evaluation- The final phase includes activities like Audit, Evaluation, Contract Award, and Feedback. Procurement Professionals evaluate Tenders based on Price v/s Quality.

Public Procurement 52

Public Procurement Procurement Tender Bidding 52

Oxford College of Procurement and Supply

JANUARY 14, 2025

The Oxford English Dictionary defines benchmarking as: Evaluating (something) by comparison with a standard. More Than Just Price While price is often the most common focus in benchmarking, it is only one piece of the puzzle. Enhances competitiveness Ensures organisations stay ahead in supplier negotiations.

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

Federal News Network

MARCH 25, 2024

How is AI being leveraged to streamline procurement processes and evaluations? Multiple Award Schedule (MAS) Price Evaluation. Significantly, the Federal Acquisition Service (FAS) is revising its guidance to contracting officers regarding the evaluation/negotiation of MAS contract pricing.

Procurement 58

Procurement Supply Chain E-procurement Buyers 58

The Coalition for Government Procurement

OCTOBER 20, 2023

In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. In the past, the regional structure gave rise to differing cultures, negotiation approaches, and interpretations of applicable regulations and solicitation provisions. Data context is critical to data driven decision making.

Negotiation 40

Negotiation Price Transparency Data 40

The Coalition for Government Procurement

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 45

Price Transparency Supply Chain Evaluation 45

The Procurement ClassRoom

JUNE 21, 2015

Delay in Preparing Technical Specifications, Scope of Work or Terms of Reference Technical specifications , scope of work , and terms of reference are documents that describe what is needed, and should be clear enough to avoid confusing suppliers, contractors, service providers or the evaluation panel.

Public Procurement 40

Public Procurement Procurement Bidder Tender 40

Procureware

MAY 3, 2018

But if they aren’t designed properly, RFPs can backfire, leading to low response rates, poor bidder fit or proposals that are time consuming to evaluate. Run Negotiations Alongside the Selection Process Negotiation is often necessary when: • The purchase price is high or the vendor will provide ongoing products/services.

Negotiation 40

Negotiation Bidder Bidding Price 40

Select GCR

NOVEMBER 12, 2024

This not only enables you to bid on contracts but also allows agencies to evaluate your business capabilities and services, ensuring regulatory compliance. Differentiating your company through technical excellence, innovative solutions, and competitive pricing can also increase your chances of winning contracts.

Government Contracts 52

Government Contracts Contract Bidding Participation 52

The Procurement School

JULY 16, 2024

One of the greatest sources of contract disputes is how to handle price increase requests where there is no clear contract language. The best method is an evidence-based approach showing the underlying cause of the price increase. Communication Including the proforma contract in the RFx document minimizes any dispute upon signing.

Efficiency 52

Efficiency Procurement Contract Supplier 52