The Regulatory Basics
The overarching set of regulations contains the specific requirements and templates for developing and acquisition strategy.
What is the FAR? Specifically, FAR Part 7
This type of contract shifts the financial risk complete to the contractor and is preferred when requirements are well-defined.
What is Firm-Fixed Price contract?
This is Step 1 of the Planning Phase.
Step 4 is the most important and most difficult part of services acquisitions.
What is Requirements Definition?
The KO/CS is preparing to issue the solicitation this step.
What is Step 6 Execution Strategy?
To ensure an acquisition strategy maximizes taxpayer value, this specific strategy must be explored first, as mandated by FAR Part 10.
What is Market Research?
Prescribes policy and procedures that are specific to the acquisition and management of services
What is FAR Part 37 Service Contracting.
What is Market Research?
Competition, Contract Type, Method for Selecting a Contractor key outcomes of Step 5.
What is Acquisition Strategy?
The contract has been awarded and the COR primarily managing Step 7.
What is Performance Management?
If a program's acquisition strategy does not allow for full and open competition, the contracting officer must draft and secure approval for this specific document.
What is a J&A?
This process consist of 7 Steps.
What is the Service Acquisition Process?
Know Step 2 of the Planning Phase may be beneficial.
What is the Current Strategy?
This specific dollar threshold typically triggers the requirement for a formal, written Acquisition Plan rather than an informal strategy memo.
What is $50 Million?
There are 3 Phases to the Acquisition process.
What is PLAN, DEVELOP, and EXECUTE?
It is the preferred method for acquiring services.