Analysis Paralysis
This analysis technique looks at individual elements of a contract to establish fairness and reasonableness as opposed to looking at the total contract value
What is Cost Analysis
In the FAR, Negotiations is synonymous with this term
What is Discussions
This UCF section is used to evaluate each offeror's proposal
What is Section M
These are the three main words associated with FAR part 33's title
What are Protests, Disputes, and Appeals
FAR part 15
What is Contracting by Negotiation
Formerly TINA, this threshold recently changed from $2 Million to $2.5 Million
What is the Truthful Cost or Pricing Data Threshold
These establish the Government's initial negotiation position
What are Pre-negotiation Objectives
This is the timeframe in the source selection process (meaning you are in a competitive environment) in which an offeror can be eliminated from the competition
What is At any point in the process
The Government’s policy is to try to resolve all contractual issues in controversy by mutual agreement at this level
What is The Contracting Officer's Level
FAR part 45
What is Government Property
The total cost to acquire, operate, support, and dispose of items
What is Life Cycle Costs
this is the document in which the contracting officer shall document in the contract file the principal elements of the negotiated agreement.
What is the Price Negotiation Memorandum (PNM)
This individual makes the best value decision and selects the contractor to be awarded a contract
Who is The Source Selection Authority (SSA)
These are the three venues at which you can file a contractual Protest
What are The Agency, GAO, and The US Court of Federal Claims
FAR part 31
What is Contract Cost Principles and Procedures
When the overall price appears reasonable, but cost/price analysis indicates price of one or more contract line items is significantly over or understated
What is Unbalanced Pricing
Exchanges between the Government and contractors after receipt of proposals, leading to establishment of the competitive range. A contractor is not allowed to revise their offer through this type of exchange.
What are Communications
This form of source selection is appropriate when it may be in the best interest of the Government to consider award to other than the lowest priced offeror or other than the highest technically rated offeror.
What is Trade-off
This statute authorizes agencies to require a contractor to continue contract performance in accordance with the contracting officer’s decision pending a final resolution of any claim arising under, or relating to, the contract.
What is The Disputes statute, at 41 U.S.C.7103(g)
This is the FAR part that outlines FAR Conventions
What is FAR Part 1
This is the analysis technique one would use for a firm-fixed price requirement for a fleet of 75 passenger vans had specifications common to the commercial marketplace. The solicitation resulted in four offerors with significant past performance capable of delivering the product. The offers ranged from $2.5M – $3.5M.
What is Price Analysis
The scope and depth of the analysis and associated documentation supporting the objectives should be directly related to
What are the dollar value, importance, and complexity of the pricing action
Consideration should be given to the use of these professionals to assist the SSA, SSAC, and SSEB, as appropriate.
Who are Government Advisors
The type of procedure or combination of procedures voluntarily used to resolve issues in controversy.
What is Alternative Disputes Resolution (ADR)
This is the FAR part that covers Certificates of Conformance
What is FAR Part 46