Price Reasonableness Memo
Source List
Procurement Systems
100
This should be in a memo
What is Was there competition? Manufacturers, dealers, or both? How many quotes were received?
100
Developing one
What is look at previous buys, internet searches, commercial catalogues, consumer reports, trade magazines
100
EBS
What is Enterprise Business System- Supply Chain Management System. Links supply chain from time order is placed to time material is delivered.
200
This should be in price reasonableness memo also
What Justify the price, show vendor responsible
200
Sole Source
What is one and only source, possesing a unique and singularly available performance capability for the purpose of the contract award
200
E- Procurement
What is Contract Management System
300
Common deficiencies in Small Purchase Price Reasonableness Memo
What is Not showing how prior prices were fair and reasonable, not having sufficient details on how items are similar and different, not having supporting details
300
Soul Source vs....
What is Full and Open Competition
300
DIBBS
What is Government publicizes requirements, contractor submits a quote, government publicizes Purchase Order (Award)
400
PR
What is price range for quotes received
400
Customer Direct
What is DVD- material shipped directly to customer
500
Sole Source
What is what effort was made to negotiate the proposed unit price with the contractor
500
OEM
What is original equipment manufacturer. May sell direct to the government or may allow another manufacturer to make the product.
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