Remove Price Remove Quality Remove Quantity
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Webinar Recap: 5 Ways GovSpend Can Help SLED Agencies Meet Procurement Goalss

GovSpend

The agenda promised insights into vendor verification, sourcing new vendors, validating pricing against historical purchase orders, market research, and tailoring bids and RFQs for success. To further illustrate the importance of price validation, Paige then walked the audience through a spending search for Chromebooks.

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Instruction from a Contracting Officer’s Representative (COR) for Government Contractors

Redstone Government Consulting

However, FAR 1.602-2 (d)(5) specifically prohibits the CO from authorizing the COR to make any commitments or changes that affect price, quality, quantity, delivery, or other terms and conditions of the contract nor in any way direct the contractor or its subcontractors to operate in conflict with the contract terms and conditions.

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Providing best value through the Multiple Award Schedule

Federal News Network

Back then, when the MAS was a mandatory source and was limited to products, like office supplies, many in government interpreted the “lowest cost alternative” to default to lowest price, as price was the most discriminating factor. Forty years later, the MAS program is no longer a mandatory source.

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Landscape maintenance supplies and equipment are often near the top of local government shopping lists

American City & Country

McGinty notes however, that local governments may buy less regularly and in smaller quantities than for-profit landscaping businesses. He adds that cooperative deals can help produce an expanded vendor pool, reduce administrative costs and improve the quality of products and services available to cities and counties.

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What is Fair and Reasonable: Looking Ahead to 2024

The Coalition for Government Procurement

Stakeholders must appreciate and understand that there is a nexus between requirements and price, especially for small businesses. Data context in assessing fair and reasonable pricing is foundational to sound acquisition business decisions. It is also a regulatory requirement. See FAR 15.405, 15.403-3 and 15.402.

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Contract with the Government: Essentials for Businesses

Select GCR

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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Providing Best Value Through the Multiple Award Schedule

The Coalition for Government Procurement

Back then, when the MAS was a mandatory source and was limited to products, like office supplies, many in government interpreted the “lowest cost alternative” to default to lowest price, as price was the most discriminating factor. Forty years later, the MAS program is no longer a mandatory source.

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