¶ … regulatory requirements the SSA must consider in making a source selection decision?
According to the formal Department of Defense Source Selection Procedures (2008), in general, there are two processes which can be observed when engaging in source selection regarding government contracts. The first, the Tradeoff Source Selection Process (FAR 15.101-1) permits a "tradeoff between non-cost factors and cost/price and allows the [U.S.] Government to accept other than the lowest priced proposal or other than the highest technically rated proposal to achieve a best-value contract award" (DOD Source Selection Procedures, 2008, p.1). It uses a standard economic cost-benefit analysis approach similar to a SWOT analysis of strengths and weaknesses of the different bids. In other words, in some instances, there might be a very low bid but the quality of the materials and record of the bidder might be unacceptable; on the other hand there might be a bid from a contractor with an impeccable reputation but at a very high cost. The TSSP allows for the selection of a different bidder entirely, a bid which is cheaper than the contract offered by highest bidder although the selected bidder has a higher-quality record but a lower price than the most expensive bidder.
Another, equally acceptable alternative is the Lowest Price Technically Acceptable (LPTA) source...
Government Intervention in the Steel Industry The Bush administration announced the imposition of sweeping tariffs of up to 30% on steel imports to the United States for a period of 3 years in March 2002 purportedly to save the ailing steel industry from collapsing. Predictably, the action has invited particularly harsh criticism from the U.S. trade partners that have been directly affected by the tax, i.e., the European Union, Japan, and
All other issues are derived from this rule. Many of the modern contracts have express conditions, which are explicit contractual provisions that the parties need to abide by. The related elements that this incurs are detailed in the subchapter referring to express conditions. An interesting element of contract performances is those particular contracts that are divisible. In those cases, the parties' performance can be apportioned into pairs of matching
Contracts and Performance-Based Acquisition A contract is a planned and legal agreement made between two or more parties with intent. It could be oral or written and may involve business individuals, employers and employees, or tenants and land lords. Relations built through contracts emerge from offers given, reception, intentions, considerations and genuine consent, and legal agreement from which the contract began. Every person involved in a contract gains responsibilities and
Government Solicitation Developing a Federal Acquisition Team: Reverse Engineering a Standard Forestry Project to Determine Team Requirements FAR Provisions The selected project is controlled by the Forestry Department, which is part of the Department of Agriculture, placing the project under the auspices of Chapter 4 for the Federal Acquisition Regulations, which themselves make up Title 48 of the Code of Federal Regulations (e-CFR, 2012). Relevant paragraphs include a provision that all Head of
awarding audit contracts by U.S. government departments and agencies Audit Management Red Rationale for and Objectives of the project main and secondary Desktop or literature search Rationale for Search Methodology LITERATURE/DESKTOP RESEARCH Authoritative sources Desktop Findings Justification for audits Evolving role of auditors Types of audit contracts Understanding the Audit Process Best practices and benchmarking Terminology Case Studies Audit management is a fundamental element in government accountability, control and performance management. Certainly there is justification within the Federal government to conduct audits of contracts for the
Government Encouraging Small Businesses Importance of Government Encouragement of Small Business The socio-economic considerations of the federal procurement process The federal procedure is made up of different social-economic factors that are of contention in establishing a free and fair-trading. The core intentions of the existence of the federal procedures are to foster stability in the fields of social and economic exemplifications. The policy statements laid by the federal procedures are directed at
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now