depending upon the estimated dollar value of the acquisition

When is an indefinite delivery contract appropriate? (a) The prenegotiation objectives establish the Governments initial negotiation position. The ACO or the auditor, as appropriate, shall notify the contracting officer immediately if the data provided for review is so deficient as to preclude review or audit, or if the contractor or offeror has denied access to any records considered essential to conduct a satisfactory review or audit. -Contracting Officer SHALL NOT commence sole source negotiations without a J&A CONTRACT AWARD: Depending upon the estimated dollar value of the acquisition:. This information must be appropriately identified and protected accordingly. ARB Coordinator. -Federal Prison Industries, Inc. (Also known as UNICOR) What document must be completed prior to Article Content - Defense Acquisition University CLC 106 Flashcards - Cram.com (3) When required by paragraph (c) of this subsection, submit subcontractor certified cost or pricing data to the Government as part of its own certified cost or pricing data. quality assurance surveillance plan (QASP), IMPORTANCE OF ESTABLISHING/MAINTAINING THE COR FILE: As a minimum, the COR's file should contain, x technical progress reports and financial status report, IDENTIFY THE ACTIVITIES IN THE CONTRACT AWARD PROCESS: The __ is the automated contracting system, FREQUENTLY USED CONTRACT TYPES: Which selection below describes a fixed price contract, . (1) Whether certified cost or pricing data are required; (2) That, in lieu of submitting certified cost or pricing data, the offeror may submit a request for exception from the requirement to submit certified cost or pricing data; (3) Any requirement for data other than certified cost or pricing data; and. (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)). (ii) When it is necessary to have written technical and audit reports, the contracting officer shall request that the audit agency concurrently forward the audit report to the requesting contracting officer and the administrative contracting officer (ACO). - Contractor's technical capability and financial responsibility Before applying profit or fee factors, the contracting officer shall exclude from the pre-negotiation cost objective amounts the purchase cost of contractor-acquired property that is categorized as equipment, as defined in FAR 45.101, and where such equipment is to be charged directly to the contract. This limitation does not preclude the contracting officer or the ACO, or their representatives, from requesting that the offeror provide or make available any data or records necessary to analyze the offerors proposal. Goes well beyond business valuation to address the specific needs of business buyers, transaction advisors and accountants . (ii) The Government proves that the facts demonstrate that the price would not have increased in the amount to be offset even if the available data had been submitted before the "as of" date specified on the Certificate of Current Cost or Pricing Data. The scope of a should-cost review can range from a large-scale review examining the contractors entire operation (including plant-wide overhead and selected major subcontractors) to a small-scale tailored review examining specific portions of a contractors operation. -FAR 13.104 - Contracting Officer must promote competition: (vii) Analysis of data other than certified cost or pricing data (as defined at 2.101) provided by the offeror. (4) When requesting field pricing assistance on a contractors request for equitable adjustment, the contracting officer shall provide the information listed in 43.204(b)(5). 1. -Statutory requirement and depending on the size of the acquisition or disposition, may require . Central Contractor Registration (CCR) -Acquisition history. Section 826 establishes additional requirements in subsection (c) of 10 U.S.C. 6.302-6 - National security 14,803 2. Tradeoff, Any competitive negotiated acquisition having a basis for award stating that factors in addition to cost/price will be considered in selecting the successful offeror(s) Research, Development, Test and Evaluation (RDT&E) - 2 years The Services Acquisition Process includes planning, development and execution. The Government may evaluate the profit-cost relationships only if the audit reveals that the data certified by the contractor were defective. (iv) Comparison with competitive published price lists, published market prices of commodities, similar indexes, and discount or rebate arrangements. chapter 271 and 41 U.S.C. Request for Proposal - Negotiation - FAR Part 15. Wide Area Work Flow (WAWF) is a paperless contracting DOD wide application designed to eliminate paper form the receipts and acceptance process of the DOD. A solicitation used in negotiated procurements to communicate government requirements to prospective contractors and to solicit proposals or offers from is a/an? DealSense is the all-in-one system for business valuation, pricing, financing, projecting and evaluating the economics of middle-market mergers and acquisitions including combinations, consolidations and rollups. (C) There is no finding that the price of the otherwise successful offeror is unreasonable. (2) The contractors format for submitting the data should be used (see 15.403-5(b)(2)). STRUCTURE OF THE FAR TO THE SUBPART LEVEL SUBCHAPTER A--GENERAL PART 1--FEDERAL ACQUISITION REGULATIONS SYSTEM 1.1 Purpose, Authority, Issuance 1.2 Administration 1.3 Agency Acquisition Regulations 1.4 Deviations from the FAR 1.5 Agency and Public Participation 1.6 Contracting Authority and Responsibilities 1.7 . The range of data from which the K and m values are derived in the primary sources should be observed in order to use them in making cost estimates. What are Determination and Findings (D&F)? 1.3 Agency Acquisition Regulations Typically this is determined by a dollar value cut off based on the size of the Target - for example, all agreements which involve (or which could potentially involve) more than $50,000 in value or which the Company's operations are substantially dependent. Value of Digital with Synergy = $6,963 mil - Value of Cash paid in deal = $ 30 * 146.789 mil shrs = $4,403 mil - Digitial's Outstanding Debt (assumed by Compaq) $1,006 mil Remaining Value $ 1,554 mil / number of Shares outstanding 146.789 = Remaining Value per Share $ 10.59 Compaq's value per share at time of Exchange Offer $ 27 Goes well beyond business valuation to address the specific needs of business buyers, transaction advisors and accountants . Capacity is an estimated five-year dollar amount of what an individual could potentially give to the non-profit industry as a whole. (2) The contracting officer should require the contractor or subcontractor to submit to the Government (or cause submission of) subcontractor certified cost or pricing data below the thresholds in paragraph (c)(1) of this subsection and data other than certified cost or pricing data that the contracting officer considers necessary for adequately pricing the prime contract. Obtain certified cost or pricing data from prospective sources for those acquisitions (such as subcontracts, purchase orders, material order, etc.) This does not relieve the contracting officer from the responsibility to analyze the contractors submission, including subcontractors certified cost or pricing data. Profit consideration should correspond to the managerial and technical effort involved. When taking into account expected run-rate synergies and tax benefits, the acquisition reflects a multiple of 8.3 times estimated LTM Adjusted EBITDA. Table 15-2Instructions for Submitting Cost/, http://www.acq.osd.mil/dpap/cpic/cp/contract_pricing_reference_guides.html, Civilian Agency Acquisition Council (CAAC), Interagency Suspension and Debarment Committee (ISDC), This document provides instructions for preparing a contract. (5) Brief description (including any part or model numbers of each contract item or. prefers not to use Make negotiated equitable adjustments and definitize change orders, Provide technical direction that does not change the contract in accordance with the Letter of designation received from the Contracting officer. 7. cASM selects the set of Federal Acquisition Regulation (FAR) and DFARS required documents and forms based on the type of acquisition, estimated dollar amount and the competitive nature of the acquisition. Form USM-416, Individual Acquisition Planning, must be completed for each new contract action above the dollar threshold of $100,000. (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. The initial cost estimate must be completed before entry into the execution phase and must be updated annually. ATM product sales and other revenues. For all other acquisitions, the PCO may serve as the SSA in accordance with FAR 15.303 unless the Agency head or designee appoints another individual. This factor should compensate contractors proportionately for assuming greater cost risks. (1) Use the provision with its Alternate I to specify a format for certified cost or pricing data other than the format required by Table 15-2 of this section; (2) Use the provision with its Alternate II if copies of the proposal are to be sent to the ACO and contract auditor; (3) Use the provision with its Alternate III if submission via electronic media is required; and. The K values are based on 1968 dollars. (C) Conversion-related indirect costs. They should be based on the results of the contracting officers analysis of the offerors proposal, taking into consideration all pertinent information including field pricing assistance, audit reports and technical analysis, fact-finding results, independent Government cost estimates and price histories. Should-cost reviews differ from traditional evaluation methods because they do not assume that a contractors historical costs reflect efficient and economical operation. furnished property is available and accounted for (i) Technical, audit, and special reports associated with the cost elements of a proposal, including subcontracts; (ii) Information on related pricing practices and history; (iii) Information to help contracting officers determine commerciality and a fair and reasonable price, including-. (1) Depending upon the extent and complexity of the field pricing review, results, including supporting rationale, may be reported directly to the contracting officer orally, in writing, or by any other method acceptable to the contracting officer. (e) If certified cost or pricing data are requested by the Government and submitted by an offeror, but an exception is later found to apply, the data shall not be considered certified cost or pricing data and shall not be certified in accordance with this subsection. (iv) Certified cost or pricing data were required; however, the contractor or subcontractor did not submit a Certificate of Current Cost or Pricing Data relating to the contract. (4) Waivers. (4) Cost analysis may also be used to evaluate data other than certified cost or pricing data to determine cost reasonableness or cost realism when a fair and reasonable price cannot be determined through price analysis alone. Over $13.5 Million - $93 Million - Head of the Contracting Activity If the HCA has waived the requirement for submission of certified cost or pricing data, the contractor or higher-tier subcontractor to whom the waiver relates shall be considered as having been required to provide certified cost or pricing data. The contracting officer shall not require certified cost or pricing data to support any action (contracts, subcontracts, or modifications) (but may require data other than certified cost or pricing data as defined in FAR 2.101 to support a determination of a fair and reasonable price or cost realism). (ii) The contracting officer shall, to the maximum extent practicable, limit the scope of the request for data relating to commercial products or commercial services to include only data that are in the form regularly maintained by the offeror as part of its commercial operations. (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. Use of cutoff dates coinciding with reports is acceptable, as certain data may not be reasonably available before normal periodic closing dates (e.g., actual indirect costs). (i) Except as provided in paragraph (n)(2)(ii), the contracting officer shall insert the clause 52.215-23, Limitations on Pass-Through Charges, in solicitations and contracts including task or delivery orders as follows: (A) For civilian agencies, insert the clause when-, (1) The total estimated contract or order value exceeds the simplified acquisition threshold as defined in section 2.101 and, (2) The contemplated contract type is expected to be a cost-reimbursement type contract as defined in subpart 16.3; or, (1) The total estimated contract or order value exceeds the threshold for obtaining cost or pricing data in 15.403-4; and, (2) The contemplated contract type is expected to be any contract type except-. 1152.65 124009.00 Increase in Value of Equity. determine whether the completed supplies and services, DIFFERENCE BETWEEN ACTUAL/EXPRESS, IMPLIED, AND APPARENT AUTHORITY: Which of the following individuals has expressed authority, RECOGNIZE THE IMPORTANCE OF COMPETITION: The __ is the statutory requirement that ensures, RECOGNIZE ETHICS REGULATIONS PROCUREMENT PERSONNEL: Which of the following would not be fraudulent, . In the event the amounts are not segregated in or otherwise available from your records, enter in this column your best estimates. Task Denition and Framework Assume a classier induction problem where each instance is represented with n independent . -Period of performance or length of production run Fixed price contracts 100% Contractor The acquisition is projected to be accretive to earnings in 2022, the first full year of combined operations. -Promoting the acquisition of commercial items 1.5 Agency and Public Participation Sangoma's head office is located at 100 Renfrew Drive, Suite 100, Markham, Ontario. 12,816. Increase competition In order to afford an opportunity for corrective action, the contracting officer should give the prime contractor reasonable advance notice before determining to reduce the prime contract price. (5) An offset shall be allowed only in an amount supported by the facts and if the contractor-, (i) Certifies to the contracting officer that, to the best of the contractors knowledge and belief, the contractor is entitled to the offset in the amount requested; and. (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. (vi) Independent development. (a) If, before agreement on price, the contracting officer learns that any certified cost or pricing data submitted are inaccurate, incomplete, or noncurrent, the contracting officer shall immediately bring the matter to the attention of the prospective contractor, whether the defective data increase or decrease the contract price. (1) The contracting officer should contact the cognizant audit office directly, particularly when an audit is the only field pricing support required. (C) In evaluating assumption of cost risk, contracting officers shall, except in unusual circumstances, treat time-and-materials, labor-hour, and firm-fixed-price, level-of-effort term contracts as cost-plus-fixed-fee contracts. . (v) Review to determine whether any cost data or pricing data, necessary to make the offerors proposal suitable for negotiation, have not been either submitted or identified in writing by the offeror. The contracting officer should consider whether a contractor or subcontractor has an approved purchasing system, has performed cost or price analysis of proposed subcontractor prices, or has negotiated the subcontract prices before negotiation of the prime contract, in determining the reasonableness of the prime contract price. Also provide data showing the basis for establishing source and reasonableness of price. A copy of the information submitted to the contracting officer by field pricing personnel shall be provided to the audit agency. The Economy Act does not apply when placing orders under GWACs. (5) If certified cost or pricing data were not required in the case of any price negotiation exceeding the certified cost or pricing data threshold, the exception used and the basis for it. Can you accept these tickets? Before making such a determination, the contracting officer should give the contractor an opportunity to support the accuracy, completeness, and currency of the data in question. Catalogs When recording the acquisition of a General PP&E asset in a property accountability and/or accounting system, the asset shall be assigned a dollar value as detailed in this Chapter. Should the offeror/contractor again refuse to provide adequate data, or provide access to necessary data, the contracting officer shall withhold the award or price adjustment and refer the contract action to a higher authority, providing details of the attempts made to resolve the matter and a statement of the practicability of obtaining the supplies or services from another source. What activity best helps the gov. Acquholllon DEVELOP SIJ'8tegy rl Date, quantity, and dollar value of items received into inventory 9. Competition in Contracting Act (CICA) (6) Recommendations or conclusions regarding the Governments review or analysis of an offerors or contractors proposal shall not be disclosed to the offeror or contractor without the concurrence of the contracting officer. It is not right to use the government card for such purchases. If such alternative approaches are selected, any resulting solicitations shall be issued in accordance with the competition requirements under FAR part 6; (ii) Make a written determination that the contracting approach selected is in the best interest of the Government; and. develop independent gov. fiscal policy. as a COR, establishing a joint partnership with your Contracting Officer, TYPES OF CONTRACT CHANGES: With regard to contract modifications, IDENTIFY THE STEPS IN THE PROPOSAL EVALUATION PROCESS: A nominated COR frequently is asked, IDENTIFY DIFFERENCE ACTUAL/EXPRESS, IMPLIED, APPARENT AUTHORITY: Our acquisition regulations provide the foundation, RECOGNIZE IMPORTANCE OF COMPETITION: The competition in Contract Act requires that, IDENTIFY THE CATEGORIES OF CONTRACTS: The services contracting that the Government prefers not to use, IDENTIFY THE CORS ETHICAL RESPONSIBILITIES: Your personal and professional conduct influences, RECOGNIZE THE DUTIES AND FUNCTIONS EXPECTED OF A COR: The COR's authority is delineated in which document, IDENTIFY PROPER INVOICE REQUIREMENTS: Failure of the government to pay the contractor within 30 days, IDENTIFY THE ACTIVITIES PERFORMED IN PLANNING THE ACQUISITION: The purpose of market research is to maximize the capabilities, EFFECTIVE ACQUISITION TEAM: To have an effective acquisition team, it is important that you choose a group, IDENTIFY PERFORMANCE ASSESSMENT RESPONSIBILITIES: What is the COR's primary purpose in performing an inspection, . Answer (1 of 4): You are correct. 3322(b) and 41 U.S.C. (d) Solicitation requirements. What are the 7 Statutory Exceptions to Full and Open Competition? What are the Contents of a Written Acquisition Plans? The difference between each category is dependent on the location of a program in the Acquisition Process, funding amount for Research, Development, Test and Evaluation (RDT&E), total procurement cost, Milestone Decision Authority (MDA) special interest, and decision authority. Contracting officer may exercise options only after determining that- In establishing the reasonableness of the offered prices, the contracting officer-, (1) Shall obtain certified cost or pricing data when required by 15.403-4, along with data other than certified cost or pricing data as necessary to establish a fair and reasonable price; or. It was driven 18,000 miles in 2018 and 32,000 miles in 2019. Acquisition premium represents the increased . Optional, unless required by the Contracting Officer. Q: Depending upon the estimated dollar value of the acquisition and agency procedures the decision to award will be made by? The clauses give the Government the right to a price adjustment for defects in certified cost or pricing data submitted by the contractor, a prospective subcontractor, or an actual subcontractor. (d) Change order authority.Contracting officers may authorize COR change order authority in accordance with the limitations in . evaluation is the primary/apex function of (1) the source selection process, (2) evaluation/acceptance criteria and a primary element of the acquisition strategy.the evaluation/examination/assessment involves the determination of an offeror's particular or special ability to perform well (" how well"); meet the non-cost factor capability The SAT can vary depending on the particular acquisition situation. Depending upon the estimated dollar value of the acquisition - Answers This subfactor measures the managerial and technical effort needed to obtain the required purchased parts and material, subcontracted items, and special tooling. (iv) Volume of proposal activity. How to Calculate the Acquisition Price of a Company - DealRoom Unless it is clearly inappropriate or not applicable, each factor outlined in paragraphs (d)(1)(i) through (vi) of this subsection shall be considered by agencies in developing their structured approaches and by contracting officers in analyzing profit, whether or not using a structured approach. Moulay Hassan 1, Imm Ranino, 4me tage, N 15, south carolina high school baseball player rankings 2021, the first ability to be impaired by alcohol is, provider letter to terminate insurance contract, Diploma In Nursing At Aga Khan University. 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. Analyze the certified cost or pricing data and submit the results of your analysis of the prospective sources proposal.When submission of a prospective sources certified cost or pricing data is required as described in this paragraph, it must be included as part of your own certified cost or pricing data. (i) Waiver of Facilities Capital Cost of Money. Holdings may also distribute its Sangoma Shares to its members. What are the Competition Requirements for Simplified Acquisitions? Depending on the complexity of the acquisition, the evaluation process can last anywhere from a few days to several months. adds rules and regulations that are not covered in the FAR. 2. 2377. Change in ROE of combined firm. The extent of planning and research will vary, depending on such factors as estimated dollar value, complexity, and Identification of the . 8(a) Programs Diploma In Nursing At Aga Khan University, 2377. -Extent and nature of proposed subcontract acquisition costs proposed is in excess of $1 million, 10 percent of all remaining . (1) Profit or fee prenegotiation objectives do not necessarily represent net income to contractors. The contractor shows his appreciation by offering you box tickets to your university's football game. s. tatutory authority. (ii) Evaluating the effect of the offerors current practices on future costs. -Mandatory Federal Supply Schedule (www.gsaadvantage.gov) This entitlement is ensured by including in the contract one of the clauses prescribed in 15.408(b) and (c) and is set forth in 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. Pronouncements in the form of periodic rulings, reviews, or similar actions of a governmental body, or embodied in the laws, are sufficient to set a price. (b) Price Reduction for Defective Certified Cost or Pricing Data. How long do you have to definitize a letter contract. (ii) Documents the reasons in the contract file. Depending on the brand and quality level of the asset, these figures can also be higher. CONTRACT AWARD: Depending upon the estimated dollar value of the acquisition:. -Market research

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