PDF Active Feature-Value Acquisition - University of Iowa The services contracting that the Gov. Oral notifications shall be confirmed promptly in writing, including a description of deficient or denied data or records. (b) Contracting officers will use FPRA rates as bases for pricing all contracts, modifications, and other contractual actions to be performed during the period covered by the agreement. In addition, the contracting officer should request data to determine the cost realism of competing offers or to evaluate competing approaches. (m) Requirements for Certified Cost or Pricing Data and Data Other Than Certified Cost or Pricing Data-Modifications. When adequate price competition exists (see 15.403-1(c)(1)), generally no additional data are necessary to determine the reasonableness of price. Price means cost plus any fee or profit applicable to the contract type. -Promoting the acquisition of commercial items -Price competition (v) GSA use of the Government purchase card for micro-purchases shall follow the instructions under GSA Order 4200.1A CFO. According to the JN+A and HVS Design Hotel Cost Estimating Guide for 201 9, the detailed cost average expense per room for a hotel guestroom renovation is $18,218. (2) Price analysis shall be used when certified cost or pricing data are not required (see paragraph (b) of this subsection and 15.404-3). Option fulfills an existing need (11) Documentation of fair and reasonable pricing. Apache/2.4.38 (Debian) Server at walkerstalkerfanfest.com Port 80 (a) General. (b) Whenever field pricing assistance has been obtained, the contracting officer shall forward a copy of the negotiation documentation to the office(s) providing assistance. This factor takes into account the contribution of contractor investments to efficient and economical contract performance. Acquisition Premium: An acquisition premium is the difference between the estimated real value of a company and the actual price paid to obtain it. (C) Conversion-related indirect costs. Holdings intends to review its ownership of Sangoma Shares on a continuing basis and may increase or decrease its investment in Sangoma Shares depending upon future market conditions. (a) The contracting officer is responsible for the determination of a fair and reasonable price for the prime contract, including subcontracting costs. (h) Review and justification of pass-through contracts. FAR 5.101(a)(1) Proposed contract actions expected to exceed $25,000synopsize in GPE (Government-wide Point of Entry), Item that has been or will be sold to the general public; may required minor government directed modifications. accepting an unsolicited gift valued at $15, IMPORTANCE OF REQUIREMENTS DEFINITION PROCESS: The COR will be evaluating a contractor's performance using the ___, . (i) Some initial production has already taken place; (ii) The contract will be awarded on a sole source basis; (iii) There are future year production requirements for substantial quantities of like items; (iv) The items being acquired have a history of increasing costs; (v) The work is sufficiently defined to permit an effective analysis and major changes are unlikely; (vi) Sufficient time is available to plan and adequately conduct the should-cost review; and. Where the determination of a fair and reasonable price is based on cost analysis, the summary shall address each major cost element. chapter 271 and 41 U.S.C. When any of the costs in this column have already been incurred, describe them on an attached supporting schedule. 74,528 (December 30, 2021). Explain the basis for the estimates, including identification of any provision for experienced or anticipated allowances, such as shrinkage, rework, design changes, etc. This factor should compensate contractors proportionately for assuming greater cost risks. "We laugh at [venture] firms that . Actual cost for materials Conduct site visits at the location(s) where the work is being performed . s. tatutory authority. Your personal and professional conduct influences the public's confidence in the federal acquisition process. Rather, they represent that element of the potential total remuneration that contractors may receive for contract performance over and above allowable costs. Ensure that gov. (e) If both the contractor and subcontractor submitted, and the contractor certified, or should have certified, cost or pricing data, the Government has the right, under the clauses at 52.215-10, Price Reduction for Defective Certified Cost or Pricing Data, and 52.215-11, Price Reduction for Defective Certified Cost or Pricing Data-Modifications, to reduce the prime contract price if it was significantly increased because a subcontractor submitted defective data. Definite Quantity Contract FedBizOps Photo: Bloomberg. What requirements must be fulfilled to exercise an option? What are the Physical devices used to construct memories? The contracting officer shall-. This clause also provides instructions to contractors on how to request an exception from the requirement to submit certified cost or pricing data. Limited competition required to meet requirements Capacity is an estimated five-year dollar amount of what an individual could potentially give to the non-profit industry as a whole. Most competitive negotiated acquisitions are awarded in this manner. (b) Certified cost or pricing data are not required for proposals used solely for overrun funding or interim billing price adjustments. (2) Upon the request of a contractor that was required to submit certified cost or pricing data in connection with a prime contract entered into before July 1, 2018, the contracting officer shall modify the contract without requiring consideration, to replace clause 52.215-12, Subcontractor Certified Cost or Pricing Data, with its Alternate I. Unless an exception from the requirement to obtain certified cost or pricing data applies under 15.403-1(b)(1) or (b)(2), at a minimum, the contracting officer shall obtain appropriate data, without certification, on the prices at which the same or similar items have previously been sold and determine if the data is adequate for evaluating the reasonableness of the price. L. 110-181 ). Determination and Findings, Multi-year contract" means a contract for the purchase of supplies or services for more than 1, but not more than 5, program years. Increase in Value of Equity as ROE Increase. FAR 8.002(1) - Supplies Examples of such techniques include, but are not limited to, the following: (i) Comparison of proposed prices received in response to the solicitation. While these acquisitions are "accretive" to EPS, they are highly dilutive to cash flows and ACHC's balance sheet. Attach a detailed inventory of work, materials, parts, components, and hardware already purchased, manufactured, or performed and deleted by the change, indicating the cost and proposed disposition of each line item. The extent of planning and research will vary, depending on such factors as estimated dollar value, complexity, and Increase in Equity Value. If a less economical "make" or "buy" categorization is selected for one or more items of significant value, the contracting officer shall use the clause with-, (1) Its Alternate I, if a fixed-price incentive contract is contemplated; or. (2) All offers with separately priced line items or subline items shall be analyzed to determine if the prices are unbalanced. Which of the following are remedies that the contracting officer has at his/her disposal for a contractor's poor performance? Unless an exception under 15.403-1(b)(1) or (2) applies, the contracting officer shall require that the data submitted by the offeror include, at a minimum, appropriate data on the prices at which the same item or similar items have previously been sold, adequate for determining the reasonableness of the price.
Exam 2 Set Flashcards | Quizlet (C) Expert technical advice should be obtained when analyzing similar items, or commercial products or commercial services that are of a type, or requiring minor modifications for commercial products, to ascertain the magnitude of changes required and to assist in pricing the required changes. (v) Designation of the plant or division proposed to make each item or perform each work effort, and a statement as to whether the existing or proposed new facility is in or near a labor surplus area. If the contracting officer cannot determine whether an offered price is fair and reasonable, even after obtaining additional data from sources other than the offeror, then the contracting officer shall require the offeror to submit data other than certified cost or pricing data to support further analysis (see 15.404-1). (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. ARB . Diploma In Nursing At Aga Khan University, This acquisition is conducted under the authority of 41 An acquisition plan may have numerous elements as listed in FAR 7.105; depending upon the estimated cost of the acquisition, these elements include: Statement of need and background Applicable conditions Cost Life cycle costs if applicable Capability or performance Delivery or performance requirements For more information on peer reviews, see DFARS 201.170 and AFARS 5101.170. . Disposal - upgraded (list new serial number), transferred, sold or destroyed For acquisitions of supplies or services for supporting a contingency operation or facilitating defense against or recovery from nuclear, biological, chemical, or radiological attack, the SAT is (i) $800,000 . 2.1 Definitions
Depending on the complexity of the acquisition, the evaluation process can last anywhere from a few days to several months. However, if the contracting officer has reason to believe exceptional circumstances exist and has sufficient data available to determine a fair and reasonable price, then the contracting officer should consider requesting a waiver under the exception at 15.403-1(b)(4). (vi) A fixed-price incentive contract for the acquisition of a commercial product or commercial service.
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