When make-or-buy programs are required, the Government may reserve the right to review and agree on the contractors make-or-buy program when necessary to ensure negotiation of reasonable contract prices, satisfactory performance, or implementation of socioeconomic policies. 3505(b)). Price means cost plus any fee or profit applicable to the contract type. Request for Proposal - Negotiation - FAR Part 15. and depending on the size of the acquisition or disposition, may require . Acquisition Type - purchased, leased, or donated (gift) 8. For example, if certified cost or pricing data were furnished on previous production buys and the contracting officer determines such data are sufficient, when combined with updated data, a waiver may be granted. collecting and analyzing information about capabilities within the market to satisfy agency needs, The extent of market research will vary, depending upon factors such as: Base year plus 4 option years Any method of distributing costs to line items that distorts the unit prices shall not be used. This subfactor measures how much the indirect costs contribute to contract performance. When you feel like it C. Monthly D. When net income is negative C. Monthly Companies should recognize inventory as an expense when purchased. the contracting officer or the source selection authority INVOICE: Wide Area Work Flow (WAWF) is a Paperless Contracting. What are the two most common types of best Value evaluations? Approvals needed. The HCA may consider waiving the requirement if the price can be determined to be fair and reasonable without submission of certified cost or pricing data. Fixed price contracts DoD, GSA, and NASA published an interim rule in the Federal Register at 75 FR 34277 on June 16, 2010, to implement section 826, Market Research, of the National Defense Authorization Act for Fiscal Year 2008 ( Pub. (2) All offers with separately priced line items or subline items shall be analyzed to determine if the prices are unbalanced. 1. When there is a repetitive need for supplies or services. Estimated dollar value (C) Apply the underpayment interest rate(s) in effect for each quarter from the time of overpayment to the time of repayment, utilizing rate(s) prescribed by the Secretary of the Treasury under 26 U.S.C.6621(a)(2). Where it is located in the Uniform Contract Format (UCF) (iv) Verification that the offeror's cost submissions are in accordance with the contract cost principles and procedures in part 31 and, when applicable, the requirements and procedures in 48 CFR chapter 99, Cost Accounting Standards. Justification and agency approval must be documented in the contract file. What are the three types of solicitations? For interorganizational transfers priced at cost, provide a separate breakdown of cost elements. What activity best helps the gov. The KO must exercise the option prior to end date of the current period of performance. chapter 271 and 41 U.S.C. true ETHICS PROCUREMENT PERSONNEL: You are a COR working on the third year of a 5-year contract (football tickets). 1 . estimated value, etc., will not be made until each procurement is initiated. Photo: Bloomberg. Target firm size is measured by market value of equity plus long-term debt and short-term debt, less cash and marketable securities at the last fiscal year prior to the acquisition. For standard commercial products fabricated by the offeror that are generally stocked in inventory, provide a separate cost breakdown, if priced based on cost. Affect more than one contract action (iii) The evaluated price is the aggregate of estimated quantities to be ordered under separate line items of an indefinite-delivery contract. (2) Agencies may use another agencys structured approach. 1. -Urgency of requirement 2. What is the method of procurement and synopsis for a requirement $15-$25K? When nonrecurring costs are significant, or when specifically requested to do so by the Contracting Officer, provide a full identification and explanation of them. What requirements must be fulfilled to exercise an option? The difference between market value and acquisition value assessments is substantially larger for households . The requirements apply as a matter of policy to other Federal agencies. This does not relieve the contracting officer from the responsibility to analyze the contractors submission, including subcontractors certified cost or pricing data. If a fair and reasonable price cannot be established by the contracting officer from the analyses of the data obtained or submitted to date, the contracting officer shall require the submission of additional data sufficient for the contracting officer to support the determination of the fair and reasonable price. For each provision or clause, the matrix provides information on: (1) Shall obtain certified cost or pricing data when required by 15.403-4, along with data other than certified cost . Unless an exception applies, certified cost or pricing data are required before accomplishing any of the following actions expected to exceed the current threshold or, in the case of existing contracts, the threshold specified in the contract: (i) The award of any negotiated contract (except for undefinitized actions such as letter contracts). ARB Coordinator. Contracting officer may exercise options only after determining that- What are the maximum amount of years for a service or supply contracts? 3705(a) and 41U.S.C.3505(a)) if the contracting officer determines that adequate data from sources other than the offeror are not available. (6) Proposed cost; profit or fee; and total; (7) Whether you will require the use of Government property in the performance of the contract, and, if so, what property; (8) Whether your organization is subject to cost accounting standards; whether your organization has submitted a CASB Disclosure Statement, and if it has been determined adequate; whether you have been notified that you are or, (9) The following statement: This proposal reflects our estimates and/or actual costs as of this date and conforms with the instructions in FAR, C. As part of the specific information required, you, (2) Information reasonably required to explain your estimating process, including-, (i) The judgmental factors applied and the mathematical or other methods used in the estimate, including those used in projecting from known data; and, (ii) The nature and amount of any contingencies included in the proposed, F. Whenever you have incurred costs for work performed before submission of a proposal, you, G. If you have reached an agreement with Government representatives on use of forward, H. As soon as practicable after final agreement on. Created by. Requiring certified cost or pricing data (10 U.S.C. x intra-entity receivables and payables are . Current Projects. What are the Contents of a Written Acquisition Plans? Overpayments do not result from amounts paid for contract financing, as defined in 32.001. (a) When certified cost or pricing data are required, offerors are required to describe any forward pricing rate agreements (FPRAs) in each specific pricing proposal to which the rates apply and to identify the latest cost or pricing data already submitted in accordance with the FPRA. Unless the acquisition requires synopsizing: -Requires approvals (c) The contracting officer and contractor are encouraged to reach a prior agreement on criteria for establishing closing or cutoff dates when appropriate in order to minimize delays associated with proposal updates. 1.3 Agency Acquisition Regulations (b) Price each contract separately and independently and not-, (1) Use proposed price reductions under other contracts as an evaluation factor; or. assignment standards and adequately supports the value estimate, and specifically Question One The correct answer is Report to supervisor. (1) Cost analysis is the review and evaluation of any separate cost elements and profit or fee in an offerors or contractors proposal, as needed to determine a fair and reasonable price or to determine cost realism, and the application of judgment to determine how well the proposed costs represent what the cost of the contract should be, assuming reasonable economy and efficiency. (select all that apply), a. true. On-going (c) Any contractor or subcontractor that is required to submit certified cost or pricing data also shall obtain and analyze certified cost or pricing data before awarding any subcontract, purchase order, or modification expected to exceed the certified cost or pricing data threshold, unless an exception in 15.403-1(b) applies to that action. The contracting officer shall insert the clause at 52.215-9, Changes or Additions to Make-or-Buy Program, in solicitations and contracts when it is contemplated that a make-or-buy program will be incorporated in the contract. 6.302-6 - National security y = ($399)(15,000) 0.60 = $128,000.Back to top The program will ensure HHS conducts its due diligence to manage and maintain oversight and governance over the procurement of Information Technology (IT) therefore contributing to . The contracting officer shall not reprice the contract solely because the profit was greater than forecast or because a contingency specified in the submission failed to materialize. 4. true ETHICS PROCUREMENT PERSONNEL: You are a COR working on the third year of a 5-year contract (football tickets). 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. Select offer is the most advantageous to the government The assessor's opinion of value can be found for free on most city or county websites that list property tax and ownership data. CONTRACT AWARD: Depending upon the estimated dollar value of the acquisition:. Task Denition and Framework Assume a classier induction problem where each instance is represented with n independent . PART 2--DEFINITIONS OF WORDS AND TERMS true. Boeing ($22.0 bn) Northrop Grumman ($19.7 bn) General Dynamics ($16.4 bn) Raytheon ($16.1 bn) In the same period, small business contracts totalled $96.8 billion. Determination of contract type should be closely related to the risks involved in timely, cost-effective, and efficient performance. . 3905: (A) For experimental, developmental, or research work performed under a cost-plus-fixed-fee contract, the fee shall not exceed 15 percent of the contracts estimated cost, excluding fee. They are available via the internet at http://www.acq.osd.mil/dpap/cpic/cp/contract_pricing_reference_guides.html. (1) Contracting officers may require prospective contractors to submit make-or-buy program plans for negotiated acquisitions requiring certified cost or pricing data whose estimated value is $15 million or more, except when the proposed contract is for research or development and, if prototypes or hardware are involved, no significant follow-on production is anticipated. Explain the basis for each estimate and how the costs are charged on your accounting records (e.g., included in production costs as direct engineering labor, charged to manufacturing overhead). The estimate should consider the technical content of the program described in the CNS, UA, acquisition strategy, and test strategy. The TACPA business participation program requirement must be included in competitive acquisition with an estimated dollar value of $100,000 and over. (d) Change order authority.Contracting officers may authorize COR change order authority in accordance with the limitations in . (ii) The award of a subcontract at any tier, if the contractor and each higher-tier subcontractor were required to furnish certified cost or pricing data (but see waivers at 15.403-1(c)(4)). (2) Contracting officers may require prospective contractors to submit make-or-buy programs for negotiated acquisitions whose estimated value is under $15 million only if the contracting officer-, (i) Determines that the information is necessary; and. that, in the Government's estimation, provides the greatest overall benefit in response to the requirement.
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