Determination and Findings (D&F) (FAR Subpart 1.7) is a special form of written approval by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions. The “determination” is a conclusion or decision supported by the “findings.’’ The findings are statements of fact or rationale essential to support …
Defense Grant and Agreement Regulatory System (DGARS) is a system of policies and procedures to guide DoD for utilizing grants and cooperative agreements. It governs the award of grants and other non-procurement transactions. AcqLinks and References DoD Directive 3210.06 “Defense Grant and Agreement Regulatory System (DGARS)” – 6 Feb 2014 Updated: 7/17/2017
A Fixed-Price Incentive (Firm Target) (FAR 16.403-1) contract specifies a target cost, a target profit, a price ceiling (but not a profit ceiling or floor), and a profit adjustment formula. These elements are all negotiated at the outset. The price ceiling is the maximum that may be paid to the contractor, except for any adjustment …
The Integrated Program Management Report (IPMR) is a contractually required report, prepared by the contractor, containing performance information derived from the contractor’s internal Earned Value Management System (EVMS). It provides the status of progress on the contract. [1] The IPMR DID takes a major step towards improving the integration of cost and schedule reporting by …
Simplified Acquisition Procedures (SAP) (FAR Part 13.3) are designed for the purchase of relatively simple supply or service requirements. It is a contracting method that seeks to reduce the amount of work the government must undertake to evaluate an offer. SAP is supposed to be used to the maximum extent practicable for all purchases of …
Business Clearance is the formal approval from leadership to execute a contract after negotiations have been finalized. It’s accomplished by a contracting officer that develops a draft and final Price-Negotiation Memorandum (PNM) or Price-Competitive Memorandum (PCM) to be submitted for approval. Definition: Business Clearance is the formal authorization from leadership to execute a contract following the …
Competitive Range Determination (CRD) is the range of proposals that have been identified by a contracting officer to be highly rated amount a group of proposals. These highly rated proposals will be continued into source selection. CRD helps eliminate proposals that are not competitive before starting an official source selection and to strengthen those that …
A sole source procurement (called an Other than Full & Open Competition) is when the government enters into a contract with a contractor without going through the typical competitive process as required by law because it deems that the contractor is the only source available that can meet the government requirements. A Justification and Approval …
Lowest Price Technically Acceptable (LPTA) source selection process (FAR 15.101-2) is where the government determines that the lowest price is awardable over the complaint technical offering of all proposals. LPTA is appropriate only when the government “expects” it can achieve the best value from selecting the proposal that is technically acceptable and offers the lowest …
The Competition in Contracting Act (CICA) of 1984 (41 U.S.C. 253) (FAR Subpart 6.1″Full and Open Competition”) is a public law enacted for the purpose of encouraging the competition for the award of all types of government contracts. The purpose was to increase the number of competitors and to increase savings through lower, more competitive pricing. …
