→ This FAR Part covers simplified procedures for noncommercial acquisitions.
→ What is FAR Part 13?
This document is required above the simplified acquisition threshold, serves as the strategic roadmap for the entire acquisition process.
→ What is an Acquisition Plan (or Acquisition Strategy)?
This evaluation factor is required by the FAR and measures a contractor's previous performance for similar work.
→ What is Past Performance?
→ This term refers to the process of examining and evaluating a proposed price without evaluating its separate cost elements or proposed profit.
→ What is Price Analysis?
This is the primary, mandatory database for vendor registration required to do business with the federal government.
What is the System for Award Management (SAM)?
→ This FAR Part covers the acquisition of commercial products and commercial services.
→ What is FAR Part 12?
This is the continuous process of gathering data on product characteristics, suppliers' capabilities, and current business practices in the industry.
→ What is Market Research?
→ This process evaluates proposals against the solicitation's criteria to determine the best value to the Government.
→ What is Source Selection?
→ This term refers to the granular process of evaluating specific elements of costs and proposed profit or fee to determine reasonableness.
→ What is Cost Analysis?
This specific type of contract modification requires the signature of both the contractor and the contracting officer.
What is a Bilateral Modification (or Supplemental Agreement)?
→ This FAR Part outlines the policies and procedures governing contracting by negotiation.
→ What is FAR Part 15?
This law that requires agencies to consider small business set-asides for acquisitions above the micro-purchase threshold.
→ What is the Small Business Act (or FAR Part 19)?
→ Exchanges that allow offerors to revise proposals.
→ What are discussions?
→ What is a Fair and Reasonable Price?
This critical piece of fiscal law strictly prohibits a contracting officer from authorizing an obligation or expenditure that exceeds the amount available in the appropriated fund.
What is the Anti-Deficiency Act (ADA)?
→ Vital for USACE, this FAR Part prescribes policies and procedures unique to the acquisition of construction and architect-engineer services.
→ What is FAR Part 36?
As part of the requirements package, this document is required for all Army acquisitions, except for supply contracts under the SAT, field ordering officer actions, and Gov’t purchase card purchases.
→ What is the ATOPSEC?
After source selection, the KO must provide this to unsuccessful offerors upon request, explaining why they were not selected.
→ What is a Debriefing (pre-award or post-award)?
→ These are exchanges between the Government and offerors that are undertaken with the intent of allowing the offeror to revise its proposal.
→ What are Discussions?
In USACE project delivery, the BCOES review ensures plans and specifications meet standards for Biddability, Constructability, Operability, Environmental, and this fifth component.
What is Sustainability?
→ This FAR part covers protests, disputes, and appeals.
→ What is FAR Part 33?
→ This specific term describes the required process to ensure that the Government meets its needs in the most effective, economical, and timely manner.
→ What is Acquisition Planning?
→ The process used to determine which offerors continue to discussions.
→ What is the Competitive Range Determination?
This mandatory document tells the story of the negotiation and serves as the official record of the price agreement reached with the contractor.
What is the Price Negotiation Memorandum (PNM)?
When an offeror formally challenges the terms of a solicitation or the award of a federal contract, they typically file a bid protest with the agency or this independent legislative branch watchdog.
What is the Government Accountability Office (GAO)?