Contracting Methods

In: Business and Management

Submitted By tweet73382
Words 1042
Pages 5
Sealed Contracting
The method of obtaining government contracts has changed considerably. Sealed bidding is less frequently used now than in the past. However, there are certain situations when sealed bidding is mandatory. According to the Federal Acquisition Regulation when preparing sealed bidding invitations must describe the requirements of the Government clearly, accurately, and completely. Unnecessarily restrictive specifications or requirements that might unduly limit the number of bidders are prohibited. The invitation includes all documents (whether attached or incorporated by reference) furnished prospective bidders for the purpose of bidding. As a result government contract practitioners still must familiarize themselves with processes that call for sealed bidding. In the mid-1990s, Congress made several changes to statutes related to processing acquisition of government contracts. Before these congressional amendments sealed bidding was the standard. In most cases sealed bidding is the preferred method for construction , so if the Seahawk helicopters and Cobra aircrafts are being purchased for that type of business it would be a better option.
Negotiated Contracting
These amendments gave federal contracting officers more opportunities to award contracts through the newer process competitive negotiation. The process begins when the CO issues a Request for Proposals. The RFP must, include the agency’s need, the terms and conditions of the contract and any other subfactors that the agency when awarding contracts. The CO typically evaluates offeror’s price proposal, past performance on government contracts and the offeror’s technical approach. FAR 15.305.
The CO can award a negotiated contract without any further negotiations through discussions. If CO conducts discussions they must identify the offerors that fall within the competitive range. This…...

Similar Documents

Methods

...Romans road and Four Spirit Laws was a method of sharing the Gospel in a more straight forward way. Just like the actual roads of Rome it was important for stability and expansion of information. The method consists of five parts and each part is supported by one verse from the book of romans. The first verse says “Everyone is a sinner” meaning it is ok to sin all humans will at some point. This doesn’t make sinning ok; it only means that it’s only natural too. The second verse says that “The price of sin is death” which means the penalty of sin is death. Christ paid the penalty for our sin. We all deserve death, which is the ultimate penalty for sin. Everyone will pay for his sin unless he comes to Christ, who has paid the price for our sin with His blood which is stated in the third verse as well. The fourth verse states that “We can receive salvation and eternal life through Jesus Christ” which means if you put your trust in Jesus Christ as your Lord and Savior and make Him the Master, the Boss of your life, you will live forever. God loves you and wants you to enjoy peace and life, today and eternally. God doesn't hate you, but he hates sin. He loved you before you were born. He knew you'd need a Savior and sent His only Son Jesus to die in your place. Christ, who was without sin became a sin sacrifice for you. The final stated that “salivation through Jesus brings us into a relationship with God makes us righteous in his eyes”. The advantage of these verses is that they...

Words: 347 - Pages: 2

Incentives in Contracting

...profit or fee incentives offered are tailored to the uncertainties involved in contract performance. “Incentive contracting describes contracts, from either the fixed-price or cost-reimbursement families, that are structured to emphasize a specific acquisition objective(s) by tying it to a financial reward” (Defense Acqusition University, 2012). According to the text, incentive contracts tie monies earned by contractors in access of their contract costs to contractor’s performance (O'Connor & Wangemann, 2009, p. 48). A portion of the profit, fees, or terms of incentive contracts are subject to criteria listed within the contract that align the interests of the Government and the contractor (Defense Acqusition University, 2012). The “characteristics of incentive contracts are they establish reasonable and attainable targets that are clearly communicated; and applies incentive increases or decreases to performance targets rather than minimum performance requirements” (O'Connor & Wangemann, 2009, p. 48). An incentive contract can adapt the balance of risk for the government to the contractor by shifting the power to earn fees to the contractor. As the contractor manages and mitigates risks, their power to earn profit increases. It is in the best interests of the Government that the contractor taken on considerable cost and good share of the risk in contracting. The fixed-price incentive contracts are the best option when the costs and performance requirements are......

Words: 1533 - Pages: 7

Downey Contracting

...Downey Contracting, LLC Christie Anderson BUS/210 11-15-2012 After interviewing several businesses, the one that stuck out the most to me was Downey Contracting. The other two businesses that I interviewed could not even begin to tell me the answers to the questions that I was asking. When I asked the questions they looked dumb founded, I was astonished. I even ask the company I work for and my boss had no idea what I was talking about, it is really sad. People that own or have a business have no idea what is going on and what their structure is, all they could say is that they are there to make money. I do have to agree with them about making money, but they at least should have a structure that they follow. It actually just amazed me that none of them could answer my questions. Downey Contracting is a company that everyone should work for just because of their work ethic and how they treat their employees. The business structure that Downey Contracting uses is a simple business structure. Larry Downey one of the owners of Downey Contracting says, “the business structure we use is simple, we are here to bid jobs and make money.” When we hire people they are all treated as an equal in our company and we strive to make sure that everyone gets their part of the job done. No......

Words: 876 - Pages: 4

Contracting Hiv

...body check to people who had sold plasma in 1990s, especially for those who lived in Henan province. Tests and body check were only provided to a small portion of poor people. Absolutely, it was not enough. As we all know, Henan was the fountainhead of blood plague, many villages had turned to be “AIDS villages”, but it was not announced by the government. Media from overseas exposed the fact but the Chinese government just wanted to conceal it. I wonder the above policy was only beneficial to those “AIDS village” that has already aroused much public concerned. Dr. Gao(2009) believed that there were still many “AIDS village” in Henan province. To maintain a positive image and reputation on the globe, The Chinese government used different methods to prevent others exposed the fact to the public, for example, giving relief, compensation and red pockets. This is not a rational preventive measure to help those AIDS patients.  Tertiary prevention Tertiary prevention generally consists of the prevention of disease progression and attendant suffering after it is clinically obvious and a diagnosis established (Robert B. Wallace, 2010). One of the measures is isolation, to separate those patients and healthy people, usually concentrate the patients in a village. In the village, patients can work and live by their own effort. The government did not do much in this aspect, maybe it is because the AIDS patients mostly came from the same village. And, in Henan, there were already......

Words: 2625 - Pages: 11

Methods

...METHODOLOGY This portion contains the research design, the subject of the study, the data collecting device, and the ways that the researchers did to derive up with the result. The researchers utilized a descriptive method of gathering data, meaning collecting data by way of using survey questionnaire and introduce them to the selected respondents. It was developed with the determination of describing the study, making the readers understand what the study is all about and on how it will be helpful to every student to be aware on the most prevalent activities that the UB students are engaged in during their Vacant Periods. The method used requires shorter time spent for data collection and processing. The cost entailed in studying only a part of the population is much lower compared with investigations involving the whole population. It allows a more accurate execution of descriptive procedures. Designed questionnaire surveys were disseminated to the Students of the University of Batangas five (5) from every College Departments, who were randomly selected, meaning selecting a sample by giving each sampling unit an equal chance of being drawn as sample. The respondents of the study were limited to fifty only coming from all College Departments of the said institution. The questionnaire was based on the specific objectives of the proposed study. In order to discuss the data gathered thoroughly the percentage of the responses was computed to interpret the data. And the......

Words: 369 - Pages: 2

Federal Contracting

...Assignment 5: Federal Contracting Activities and Contract Types Angelina Brooks Professor: Larry Murphy Bus 315 December 15, 2013 My company’s mission is to offer stylish, great, affordable clothing to young men and women entering the world of business. I will offer customer’s a classy, stylish and a professional look for the business world. Clothes will be altered to fit customer’s shape and size in a variety of colors and options to solve fashion problems. My company’s vision is to help the younger generation realize that they can dress professional and still look good while in the business world. I will start out offering my product online and then eventually land a store within the mall where I can be exposed to different people of all ages, shapes and sizes. Starting out as a small business owner I will need as much support as I can to get started, which is my main reason for competing for a government contract. The government offers about 23% of their business to small business owners and as long as I can meet the government’s requirements at a fair and reasonable price, the government will limit competition to only small business owners as long as two or more small businesses are prepared to compete for contract which will provide a better business opportunity for my business. Also, having business with the government opens windows and doors for better opportunities. Government contracts save my company money, improve my performance and will promote my......

Words: 1362 - Pages: 6

Contracting and Ethics

...and to offer the government a similar discount. NetApp was allegedly concealing the records of the cheaper deals it was giving to favored clients. Ethical Analysis Unlike commercial contracting, which is governed by the Uniform Commercial Code and common law, federal government contracting is governed by a network of statutes and regulations. These statutory and regulatory provisions dictate, for example, what method or process an agency must use to solicit a contract; how the agency is to negotiate or award a contract; and under certain circumstances, what costs the government will reimburse and how a contractor must account for those costs. The government has long imposed unique business practices and ethical responsibilities on its contractors. They must ensure that no false, fictitious, or fraudulent statements are made to a federal agency (18 U.S.C. §1001). NetApp knowingly failed to meet its contractual obligations to provide GSA with current, accurate, and complete information regarding its commercial sales practices, including discounts offered to other customers. They also made false statements to GSA about their sales practices and discounts. One of the most significant elements of a GSA contract is its Price Reduction Clause (PRC), which requires the contractor and contracting officer to agree on a basis of award customer and the government’s discount relationship to that customer (GSA, 2004). A price reduction should have been applied to the government......

Words: 1530 - Pages: 7

Method

...Method Design The design of the experiment is a non-experimental single sample design; this is because there is no independent variable. The experiment only contains two dependent variables, one dependent variable being the sex label and the other dependent variable being the gender pronouns. Participants The participants were all close friends or family of 1st year psychology students studying at Teesside University. In total there were six participants, four of which were female and 2 male. The age range of participants was 23-71 years old with a mean of 41.00. Each participant completed consent forms to adhere to The SSS&L ethics committee who approved this study. Materials The stimulus used in this experiment was a picture of a soft toy, participants were provided with a pen and paper to describe the toy. There where two questions used in the experiment to obtain gender bias results. Certain inanimate words where used within the first part of the study in order not to try and manipulate the participant’s way of thinking about gender of the soft toy. Procedure The researcher explained all procedures before experiment commenced. Participants were then presented with a picture of a soft toy, they were then asked to write 3 or 4 sentences describing the beginning of a story about the toy, using inanimate language. After completion of the short story, they were then asked a question of “State whether the animal is a boy or a girl?” The last question then...

Words: 293 - Pages: 2

Project Contracting

...achieved for the low bid. In cases such as this, the client usually imposes incentive and penalty clauses in the contract for self-protection. Because of the risk factor, competitors must negotiate not only for the target cost figures but also for the type of contract involved since risk protection is the predominant influential factor. The size and experience of the client’s own staff, urgency of completion, availability of qualified contractors, and other factors must be carefully evaluated. The advantages and disadvantages of all basic contractual arrangements must be recognized to select the optimum arrangement for a particular project. Procurement can be defined as the acquisition of goods or services. Procurement (and contracting) is a process that involves two parties with different objectives who interact on a given market segment. Good procurement practices can increase corporate profitability by taking advantage of quantity discounts, minimizing cash flow problems, and seeking out quality suppliers. Because procurement contributes to profitability, procurement is often centralized, which results in standardized practices and lower paperwork costs. All procurement strategies are frameworks by which an organization attains its objectives. There are two basic procurement strategies: ● Corporate Procurement Strategy: The relationship of specific procurement actions to the corporate strategy. An example of this would be centralized procurement. ●......

Words: 448 - Pages: 2

Method

...disagree with us, and especially they do not provide any specific point. Conveying message is one of main reasons to communicate with people. When we assigned all the work in the meeting, but some Ben still mistook the chapters he should do. As a result, conflict occurred and people started to point fingers at the others. There is no doubt communication is a key implement in a group. Recommendations I believe that it is one of the best methods to sharpen people’s skill by reviewing and analyzing cases we experienced. I have learned many lessons from working in this group. Understanding personality is necessary when work in a group. If people understand each other, then there will be less conflict in a group. Effective communication is important as well to lead the team to achieve the goal. If I was in the same group project and exactly same people again, I would deal with argument actively. For example, I will send E-email clearly and write as detail as I can. Besides, asking people to reply E-mail to confirm will be a good method to conduct communication. I anticipate in the future no matter whom am I working with, I will have different problems. The way I believe in is to keep myself rational and always ask if I have any questions....

Words: 1437 - Pages: 6

Contracting Law

...Contracting and Payment Options Chontil Neville Procurement and Contract Law Professor Levasseur Introduction The government pays to its contractors when they submit invoices containing the prices of the supplies or the services rendered according to the contract’s terms. The invoices also contain any discounted or deducted amounts. The government is obligatory to pay upon deliveries unless they specify a due time to pay. For the purpose of selecting payments methods for the services and products purchased by the government agencies, FAR 32.113 should be referenced (Legal Information Institute, 1992). The purpose of this paper is to discuss the three payments options available to government and their advantages and disadvantages, three elements of the prompt Payment Act; next, it will discuss the key areas of cutting government costs, two revisions to TINA that will decrease the requirements for the government’s procurement of technical data and computer software. In the end, the paper will discuss the Buy American Act’s exceptions. Government Payment Options For purchasing the software for tax returns processing, contacting officers on behalf of Internal Revenue Service’s (IRS) can select various effective payment methods. Contracting officer uses the customary contract financing ref. 32.113 for review and uses it without getting the permission from top management. The Contracting officer can select three payment methods that are progress payment, performance-based...

Words: 2038 - Pages: 9

Selecting a Form of Contracting

...Selecting the form of Contracting Government Acquisition – BUS501 Date: 31 July 2011 An analysis of the difference between sealed bidding and negotiated contracting based on FAR standards and the needs and peculiarities of buying an IT system from an agency; it is believed that negotiated contracts are more appropriate. In fact, the landscape of acquiring government contracts has been moving towards the trend of negotiated contracts. It has actually become to norm for procurements, unless for certain occasions where sealed bidding is deem necessary. This case is not one of those occasions. Sealed bidding is only used when certain situations arise. For one, sealed bidding is only okay if the government has a lot of time. The process of soliciting bids, encouraging interested parties to pass their bids and evaluating the submitted bids could be very time consuming. An information technology system is often needed as soon as possible because this system would be used to streamline the operations and make the tasks of everyone in relation to the agency easier and more efficient. There is not a lot of time to ask for bids and evaluate each one being received. Although it would be nice to cut out on costs and sealed bidding offers this advantage, there are some ways to make sure one gets the best deals out of negotiated contracts as well. The time for sealed bidding often takes at least 30 days, wherein the solicitation of bids take place. More time would be......

Words: 1120 - Pages: 5

Federal Contracting

...Assignment 5: Federal Contracting Activities and Contract Types David Moore Strayer University Cost and Analysis BUS 315 Michael Raponi March 15, 2016 Assignment 5: Federal Contracting Activities and Contract Types History and Background of Companies Competing for the Contract Dronnet is an empowering company within the Information Technology industry. The company specializes in using technology to resolve some of the most pertinent issues in the society today. The company has been in operation for less than five years, hence, the classification as a startup company. Regardless, the company has been experiencing positive growth since its establishment and has been able to win at least one major contract from the government. The first contract for the company was the Tanker Contract that has been able to execute with efficiency. The company's workforce or human resource is estimated to be about 25 people, with most of them being technologists. The organization has been praise within its state for contributing to economic development as one of the emerging business employing many people. The success of Dronnet in recent years has been attributed to its good management that places more emphasis on issues such as transparency and accountability. The organization also works on an efficient business model that enables it to manage its costs effectively. As such, most of its products are produced through cost-efficient and environmentally friendly methods. On the......

Words: 2316 - Pages: 10

Contracting and Ethics

...Contracting and Ethics Author: Alfred Turner Professor: Michael Hanners Strayer University 20 January 2012 Abstract This paper will discuss the GAO analysis to determine whether Aetna Government Health Plans LLC (AGHP), should be excluded from the competitive bid based on alleged unfair competitive advantage stemming from AGHP’s hiring of former TMA (TRICARE Management Activity) employee. Health Net argues that the award to AGHP has been irreparably tainted do the fact that AGHP has hired one of Health Net top level with access to inside, non public source selection information and contract proprietary information. This paper will also go into details on some of the tactics to prevent this from happening if he or she knew about this contract. I will try to identify and legal and ethical issues related to the issue. While reading this Case and carefully and thinking this out after reading the FAR. If the employee that Aetna hired from TMA (TRICARE Management Activity. There is little to nothing that the FAR states that this contract shouldn’t be awarded to Aenta. There is nothing stating that the former TRICARE employee knew anything about this RFP, therefore by law you can not exclude AGHP from the competitive bid range. Actions for TMA to take Why there appears to be little TMA can do. TMA may want to do an investigation and start by going to their former employee contract history to see was a pattern started with him and AGHP. Was he ever on the......

Words: 627 - Pages: 3

Socioeconomics of Government Contracting

...Socioeconomics of Government Contracting Joseph Casanova Professor Lateefah Muhammad LEG 440- Procurement and Contract Law July 25, 2012 Introduction Highly publicized incidents such as the federal government purchasing at $500 hammer or $2,500 toilet seat continue to capture headlines as examples of a federal procurement process gone awry, but these notorious examples have become few and far between in recent years, due in large part to significant reforms such as the Federal Acquisition Streamlining Act of 1994 that minimized some of these problems. Despite these substantive reforms, the federal government continues to receive criticisms concerning the manner in which it administers the procurement process. In order to gain new insights in this area, this paper provides a review of the relevant literature to describe the legal and administrative framework and socio-economic considerations of the federal procurement process. A summary of the research and important findings are presented in the conclusion. Review and Discussion Legal Framework At present, federal procurement contracts are governed by a number of statutory and regulatory requirements, including the Federal Acquisition Regulation (FAR) (Nou, 2009). The FAR sets forth detailed procedures concerning virtually all aspects of the federal procurement process including notice and competition as well as awards and contract management (Nou, 2009). In addition, the Competition in Contracting Act......

Words: 1445 - Pages: 6

Madan no Ou to Vanadis | फ़ोटोग्राफ़ी | Robitussin