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

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

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

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Price Transparency Negotiation Electronics 40

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.

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Negotiation Price Transparency Data 105

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 90

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

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.

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Negotiation Price Government Government 40

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. 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.

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Transparency Negotiation Price Procurement 100

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).

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Negotiation Price Bidding Evaluation 52

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

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.

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Procurement Negotiation Price Transparency 93

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.

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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

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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.

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Price Government Contracts Government Government 52

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.

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Price Transparency Supply Chain Data 59

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.

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Purchasing Procurement IT Quality 59

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.

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Government Government Purchasing Negotiation 80

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

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 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.

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Procurement Negotiation Price Transparency 49

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. The two main categories of government contracts are fixed-price contracts and cost-reimbursement contracts.

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Government Government Contract Government Contracts 52

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.

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Evaluation Networking E-procurement Supplier 40

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

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.

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Purchasing Total Cost of Ownership Government Government 111

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.

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Government Government Bidding Purchasing 78

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.

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Efficiency Procurement Contract Supplier 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.

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Procurement Supply Chain E-procurement Buyers 59

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

APRIL 30, 2024

Requirements for Fixed Amount Awards and Subawards Section 200.201(b)(1) states that fixed amount awards must be negotiated using the cost principles (or other pricing information) as a guide, and may be used if accurate cost, historical, or unit pricing data is available to establish a reasonable estimate of actual costs.

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E-procurement Thresholds Internal Control Evaluation 52

Tracker Intelligence

FEBRUARY 28, 2024

This process includes several crucial steps: tendering by the bidders, bid evaluation by the client and award of the contract to the successful bidder. Customers may select the best offer from submitted tenders based on quality, price, and terms thanks to its transparency, equity, and efficiency of the tender process.

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Tender Bidding Bidder Competitive Bidding 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.

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Government Government Supply Chain Manufacturing 138

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

The Coalition for Government Procurement

MARCH 22, 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 49

Procurement Supply Chain E-procurement Buyers 49

The Coalition for Government Procurement

AUGUST 15, 2024

Healthcare Spotlight: HHS Announces Medicare Part D Negotiated Prices This week, the Department of Health and Human Services (HHS) released the final drug prices negotiated through its Medicare Drug Price Negotiation Program established under the Inflation Reduction Act of 2022 (IRA).

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E-procurement Supply Chain Procurement Price 52

Federal News Network

OCTOBER 3, 2024

We want to ensure we’re always, always getting the best price for U.S. “The term excludes, however, any common commercial product within which artificial intelligence is embedded, such as a word processor or map navigation system.” taxpayers on the products and services that we are acquiring.”

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Inventory Budget Management Utilities 131

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.

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Public Procurement Procurement Tender Bidding 52