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Contracts & Legal

Forward Pricing Rate Proposal (FPRP)

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A Forward Pricing Rate Agreement (FPRA) is an agreement between a contractor and a government agency in which certain indirect rates are established for a specified period of time. These rates are estimates of costs and are used to price contracts and contract modifications. Website: DFARS Subpart 215.4 – Contract Pricing Purpose of Forward Pricing […]

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Contracts & Legal

Quick Reaction Procurement (QRP)

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A Quick Reaction Procurement (QRP) addresses purchase orders of less than $3000 is limited to non-production items, supplies, services, and covers materials that are typically needed as soon as possible and where minimal inspection is required. Website: FAR Part 13.103 The purpose of this part is to prescribe simplified acquisition procedures in order to: (a)

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Business & Marketing

5 Steps in the Marketing Research Process

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Market Research (FAR Part 10) is conducted to determine the availability of commercial products and services and to identify and evaluate market practices. It’s a continuous process of finding viable sources of goods and services to meet government requirements and is mandated for all acquisition programs. It’s conducted by key members of a program’s Integrated Product

Business & Marketing

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Business & Marketing

Business Process Reengineering (BPR)

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Business Process Reengineering (BPR) involves the radical redesign of core business processes to achieve dramatic improvements in productivity, cycle times, and quality. In Business Process Re-engineering, companies start with a blank sheet of paper and rethink existing processes to deliver more value to the customer. They typically adopt a new value system that places increased

Business & Marketing

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Business & Marketing

Government-Industry Data Exchange Program

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The Government-Industry Data Exchange Program (GIDEP) is a Department of Defense (DoD) program established to promote and facilitate the sharing of technical information between government agencies and industry partners to increase systems safety, reliability, and readiness and to reduce systems development, production, and ownership costs. GIDEP has been designated by OMB Policy Letter 91-3 as

Business & Marketing

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Acquisition Process

Rapid Acquisitions

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The Rapid Acquisition Process (RAP) provides rapid transition funding for the development and fielding of highly successful competitive experiments and demonstrations. It addresses the approach, assessment, validation, sourcing, resourcing, and fielding of operationally driven urgent, execution-year combatant commander needs. It supports the specific DoD goal of significantly shortening the acquisition response time and acquisition cycle

Acquisition Process

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