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
This is the PIID Instrument Identifier letter that represents a request for proposal
What is "R"
This source selection process is appropriate when best value is expected to result from selection of the technically acceptable proposal with the lowest evaluated price.
What is Lowest Price Technically Acceptable (LPTA)
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 9
What is Contractor Qualifications
A contractor proposed a total price of $100,000 for Government vehicle maintenance. They proposed $80,000 for parts/materials and $20,000 for labor. The IGE estimated approximately $45,000 for parts/materials and $50,000 for labor. What is this an example of?
What is Unbalanced Pricing
These are the two types of negotiated acquisition...
What is Sole Source and Competitive Acquisitions
This is the amount over which the SSAC must be established to support the SSA
What is $100 Million
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)
FAR part 26
What is Other Socioeconomic Programs
This is the process of independently reviewing and evaluating specific elements of each offeror’s proposed cost estimate to determine whether the estimated proposed cost elements are realistic for the work to be performed
What is Cost Realism
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)
Contracting officers shall prepare certain solicitations and resulting contracts using this format outlined in FAR 15-1.
What is the Uniform Contract Format (UCF)
The type of procedure or combination of procedures voluntarily used to resolve issues in controversy.
What is Alternative Disputes Resolution (ADR)
FAR part 17
What is Special Contracting Methods
When using cost analysis, a certificate of current cost or pricing data ensures that a contractor's cost or pricing data is _____, _______, and ______
What is the Current, Accurate, and Complete
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 team is usually comprised of multiple groups of evaluators who are responsible for evaluating specific areas of the proposal against the RFP requirements.
What is the Source Selection Evaluation Board (SSEB)
These are the three venues at which you can file a contractual Claim
What are The Contracting Officer, The Agency Board of Contract Appeals, and The US Court of Federal Claims
This is the FAR part that outlines the disposition of nonconforming counterfeit items that the Government may receive from contractors
What is FAR Part 46
This is the analysis technique one would use for a firm-fixed price requirement for bicycles. The solicitation resulted in seven offerors with significant past performance capable of delivering the product. The offers ranged from $500-$1,000 per bicycle.
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
This form would be appropriate when soliciting for plates. You expect to receive multiple offers and don't believe discussions are necessary. The offers are expected to range from $40,000 to $55,000 per set. You intend to use LPTA to choose the awardee.
What is an SF33
As a significant shareholder in a consulting firm that was not selected for a government contract, and after reviewing the evaluation criteria, you believe the award decision was flawed. Although you're not an employee of the government or the unsuccessful bidder, you might pursue this legal recourse to contest the award decision.
What is a Protest (Protesting an award decision as an interested party)
52.245-1. This clause is used for...
What is establishing the regulations for Government Property, GFP, and CAP (etc.)