Remove Innovation Remove Negotiation Remove Price
article thumbnail

The benefits of ‘best value’ for small businesses in the federal market

Federal News Network

Unfortunately, Schedule contractors now face a long, painful slog negotiating contract pricing at the contract level, instead of relying on competition at the task or delivery order level to provide fair and reasonable pricing.

Price 111
article thumbnail

Top Resources for Small Business Government Contractors

Select GCR

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. Challenge.gov Challenge.gov hosts competitions and prize challenges where small businesses can showcase their innovative solutions to meet federal agency needs.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

No organisation does everything itself, and whether we’re looking at buying raw materials, components, innovative technology, or sourcing the best in marketing or professional services, the whole process of engaging and working with suppliers must reflect this need for speed and agility. .

article thumbnail

Why most government contractors are feeling confident about 2025

Federal News Network

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. Not the case if they’re just commercial, even if it’s a brand new type of innovative product.

article thumbnail

What does the FAS mean by ‘leverage the collective buying power of the federal government?’

Federal News Network

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. volume commitments, mandatory use, and limited pool of contracts).

article thumbnail

FAR & Beyond: GSA’s TDR Expansion – The Journey Continues

Federal News Network

This TDR expansion is another positive step forward for GSA as it seeks to modernize the program by creating a market-centric framework that enhances competition, value, and innovation. The performance results showed that contract level pricing was better under TDR than under Most Favored Customer (MFC) pricing.

Price 82
article thumbnail

Collaboration will drive future sourcing and supplier management success

ivalua

Historically, if you asked sourcing leaders to name the one competency they felt they needed their procurement and sourcing teams to master in order to achieve ongoing sourcing and supplier management success, most would likely have said negotiation skills. In many cases, collaboration is simply an advanced state of negotiation.