Contracts

· Sealed Bidding

· FAR Part 14

· Competition in Contracting Act

· Statutory - P.L. 98-369

· Preference for competition

· Removed preference for formal advertising

· Created:

· Sealed bidding

· Competitive Negotiation

· Exceptions to Competition

· One Responsible Source

· Unusual and compelling urgency

· Industrial Mobilization

· International Agreement

· Otherwise Authorized by Statute

· National Security

· Public Interest

· Sealed Bidding

· Must be used per CICA if:

· Time permits

· Award will be made on the basis of price and price related factors

· It is not necessary to conduct discussions

· There is a reasonable expectation of receiving more than one bid

· Sealed Bidding

· Very Formal

· Closely Regulated

· Award must be made to the lowest

· Responsive

· Responsible Bidder

· Designed to give all interested bidders and equal opportunity

· Solicitation

· Use an Invitation for Bid (IFB)

· Display of IFB in public place

· Announcement in newspapers or trade journals

· Publication in synopsis form in the Commerce Business Daily or electronically (fedbizopps.gov)

· Mailing to the bidders list

· Bidder’s Lists

· Additions

· Research, experience

· Bidder may apply

· Long Lists

· Removal

· Responsiveness

· Refers to the bid

· Determined at time of bid opening

· Bid must meet the “material” terms of the IFB

· price

· quantity

· quality

· delivery

· Responsiveness

· Minor informalities

· Bid Acceptance Period

· Binding Legal Obligation

· Firm Price

· Completeness

· Ambiguities

· Responsibility

· Subjective Contracting Officer decision

· CO must make an affirmative finding of responsibility

· Buy-ins

· Special Requirements

· Preaward Surveys

· Bid Opening

· Unopened, in a safe or locked box

· IFB number written on the bid

· Publicly opened

· Precise Time

· Late Bids

· Telegraphic Bids & Mods

· IFB Deficiencies

· Defective IFB

· Before bid opening

· After bid opening

· Mistakes in Bid

· Apparent Clerical Errors

· Preaward mistakes

· Bid verification

· Postaward mistakes

· Award

· Procedures

· Acceptance period

· Notification

· Quantities

· Rejection of all bids

· Savings

· Specifications

· Others