chapter 35). (2) The Government may use various cost analysis techniques and procedures to ensure a fair and reasonable price, given the circumstances of the acquisition. The prime contractor is responsible for updating a prospective subcontractors data. Competition in Contracting Act (CICA) In addition, by providing rationale for any recommendations and quantifying their impact on cost, the Government will be better able to develop realistic objectives for negotiation. (A) Verifying sales history to source documents; (B) Identifying special terms and conditions; (C) Identifying customarily granted or offered discounts for the item; (D) Verifying the item to an existing catalog or price list; (E) Verifying historical data for a product or service previously not determined commercial that the offeror is now trying to qualify as a commercial product or commercial service; and. Taking into consideration the advisory recommendations, reports of contributing specialists, and the current status of the contractors purchasing system, the contracting officer is responsible for exercising the requisite judgment needed to reach a negotiated settlement with the offeror and is solely responsible for the final price agreement. -Does NOT require Congressional Approval. The ARB Coordinator will schedule and facilitate ARB The phases of the services acquisition process are. (i) Any acquisition that the contracting officer determines meets the commercial product or commercial service definition in 2.101, or any modification, as defined in paragraph (3)(i) of the commercial product definition, that does not change a commercial product to other than commercial, is exempt from the requirement for certified cost or pricing data. After completing the negotiation, the contracting officer shall provide the ACO a report of any identified uneconomical or inefficient practices, together with a report of correction or disposition agreements reached with the contractor. Form USM-416, Individual Acquisition Planning, must be completed for each new contract action above the dollar threshold of $100,000. 2.2 Definitions Clause
At the same point in time, the thirty-year treasury bond rate in the United States was 8.00%. Depending upon the estimated dollar value of the acquisition: the contracting officer or the source selection authority. the contracting officer or the source selection authority INVOICE: Wide Area Work Flow (WAWF) is a Paperless Contracting. Prohibition on obtaining certified cost or pricing data (10 U.S.C. What is the method of procurement and synopsis for a requirement $15-$25K? a detailed analysis of the various cost elements associated with the acquisition that is used to estimate its cost or price. If the contractor proposes to reverse the categorization of such items during contract performance, the contract price shall be subject to equitable reduction. Because profit or fee is only one of several interrelated variables, the contracting officer shall not agree on profit or fee without concurrent agreement on cost and type of contract. Acquisition planning commences with a legislated directive or when a concept or a need is identified. (c) Overhead should-cost review. Disposal - upgraded (list new serial number), transferred, sold or destroyed For acquisitions of supplies or services for supporting a contingency operation or facilitating defense against or recovery from nuclear, biological, chemical, or radiological attack, the SAT is (i) $800,000 . What activity best helps the gov. You can usually find these by doing a google search for something like: Depending upon the estimated dollar value of the acquisition: the contracting officer or the source selection authority. 7. Negotiations aimed merely at reducing prices by reducing profit, without proper recognition of the function of profit, are not in the Governments interest. These should-cost reviews may be performed together or independently. Can you accept these tickets? (1) Shall obtain certified cost or pricing data when required by 15.403-4, along with data other than certified cost . Depending upon decisions made during the planning phase, the procurement may be informal or formal; the selected competition method may be a phone call, or a written solicitation document. Consequently, award of any lower-tier subcontract expected to exceed the certified cost or pricing data threshold requires the submission of certified cost or pricing data unless-, (i) An exception otherwise applies to the subcontract; or. Cost - the cost of the purchased software 12. 3322(b) and 41 U.S.C. What are some potential sources for conducting market Designated at the agency and each procuring activity and responsible for: 6.302-5 - Authorized or required by statute (ii) The contracting officer determines that technical or cost risks justify Government review and approval of changes or additions to the make-or-buy program. L. 85-804 shall be accomplished as expeditiously as practicable, consistent with the care, restraint, and . (ii) Documents the reasons in the contract file. (1) Except when pricing an item on the basis of adequate price competition or catalog or market price, unit prices shall reflect the intrinsic value of an item or service and shall be in proportion to an items base cost (e.g., manufacturing or acquisition costs). (i) A price is based on adequate price competition when (A) Two or more responsible offerors, competing independently, submit priced offers that satisfy the Government's expressed requirement; (B) Award will be made to the offeror whose proposal represents the best value (see 2.101) where price is a substantial factor in source selection; and (C) There is no finding that the price of the otherwise successful offeror is unreasonable. acquisition costs proposed is in excess of $1 million, 10 percent of all remaining . If there has been a significant time lapse between the last acquisition and the present one, if the terms and conditions of the acquisition are significantly different, or if the reasonableness of the prior price is uncertain, then the prior price may not be a valid basis for comparison. Price means cost plus any fee or profit applicable to the contract type. What is the policy for providing for full and open competition? (i) Contractor effort. Limited competition required to meet requirements (g) Pension Adjustments and Asset Reversions. (d) Change order authority.Contracting officers may authorize COR change order authority in accordance with the limitations in . (3) Both the Government and contractors should be concerned with profit as a motivator of efficient and effective contract performance. The contracting officer shall send one copy of this memorandum to the auditor and, if the contract has been assigned for administration, one copy to the administrative contracting officer (ACO). Funds are available - = guessed but unknown whether correct or not. 6.302-1 - Only one responsible source and no other supplies or services will satisfy agency requirements Each contract action with a total estimated absolute value of $500,000 or greater (*. Enter appropriate cost elements. Fixed price contracts 100% Contractor The Economy Act (FAR 17.5>) applies to orders placed under MACs, with the exception of MACs for information technology established pursuant to the Clinger-Cohen Act, The 8(a) Program provides business development assistance to companies owned by socially and economically disadvantaged individuals. The contracting officer immediately shall take appropriate action to obtain the required data. Depending on your system, you must provide breakdowns for the following basic cost elements, as applicable: (2) All Other. Exhibit 519.104 depending upon the type of appraisaL No changes to the appraisal . (3) Name and telephone number of point of contact; (5) Type of contract action (that is, new contract. This subfactor measures the prospective contractors other indirect costs and general and administrative (G&A) expense, their composition, and how much they contribute to contract performance. What is the Primary method of contracting for construction? 2. In establishing the reasonableness of the offered prices, the contracting officer -. (2) There are two types of should-cost reviews-program should-cost review (see paragraph (b) of this subsection) and overhead should-cost review (see paragraph (c) of this subsection). (3) Cost realism analyses may also be used on competitive fixed-price incentive contracts or, in exceptional cases, on other competitive fixed-price-type contracts when new requirements may not be fully understood by competing offerors, there are quality concerns, or past experience indicates that contractors proposed costs have resulted in quality or service shortfalls. Certificate of Current Cost or Pricing Data. (c) Commercial products and commercial services. (2) At a minimum, the technical analysis should examine the types and quantities of material proposed and the need for the types and quantities of labor hours and the labor mix. The scope and depth of the analysis supporting the objectives should be directly related to the dollar value, importance, and complexity of the pricing action. (B) The prior price must be adjusted to account for materially differing terms and conditions, quantities and market and economic factors. Contracting Officers shall provide for full and open competition While these acquisitions are "accretive" to EPS, they are highly dilutive to cash flows and ACHC's balance sheet. The range of data from which the K and m values are derived in the primary sources should be observed in order to use them in making cost estimates.
(b) The certificate does not constitute a representation as to the accuracy of the contractors judgment on the estimate of future costs or projections. Subcontractor certified cost or pricing data must be accurate, complete and current as of the date of final price agreement, or an earlier date agreed upon by the parties, given on the prime contractors Certificate of Current Cost or Pricing Data. DealSense is the all-in-one system for business valuation, pricing, financing, projecting and evaluating the economics of middle-market mergers and acquisitions including combinations, consolidations and rollups. In addition, consideration should be given to measures taken by the prospective contractor that result in productivity improvements, and other cost-reduction accomplishments that will benefit the Government in follow-on contracts. -Performance by other than executive, admin or professional employees Determination of contract type should be closely related to the risks involved in timely, cost-effective, and efficient performance. The fact that a price is included in a catalog does not, in and of itself, make it fair and reasonable. Depending upon the estimated dollar value of the acquisition and agency procedures the decision to award will be made by? (iii) The following requirements apply to minor modifications defined in paragraph (3)(ii) of the definition of a commercial product at 2.101 that do not change the commercial product to other than commercial: (A) For acquisitions funded by any agency other than DoD, NASA, or Coast Guard, such modifications of a commercial product are exempt from the requirement for submission of certified cost or pricing data. However, the contracting officer may agree to these as "make items" if an overall lower Governmentwide cost would result or it is otherwise in the best interest of the Government.