Full and open competition after exclusion of one or more sources is used when
the U.S. Government excludes certain potential sources from consideration for a contract in order to establish or maintain alternative sources
(reference 48 CFR 6.202).
What are the reasons that full and open competition after exclusion of sources may be used?
Full and open competition after exclusion of one or more sources is used when
the U.S. Government excludes certain potential sources from consideration for a contract in order to establish or maintain alternative sources
(reference 48 CFR 6.202).
What are the exceptions to full and open competition?
Other Than Full and Open Competition Exceptions
Unusual and compelling urgency (e.g., fire, flood, explosion, disaster)
, and § Delay in the award of a contract would result in serious injury (financial or other) to the Government unless the competition is limited.
What is full and open competition?
In this subtitle, the term “full and open competition”, when used with respect to a procurement, means that
all responsible sources are permitted to submit sealed bids or competitive proposals on the procurement
.
What is the statutory requirement that ensures full and open competition for government acquisitions?
The Competition in Contracting Act (CICA) of 1984
requires that all acquisitions be made using full and open competition. Seven exceptions to using full and open competition are specifically identified in Federal Acquisition Regulation (FAR) Subpart 6.3.
What are the two methods of obtaining full and open competition?
Acquisition Methods
The ASPA, FPASA, and CICA established two basic methods of obtaining “full and open competition”
— (a) sealed bidding and (b) competitive negotiation
. Sealed bidding is characterized by a rigid adherence to formal procedures.
What are the three levels of competition far?
There are three possible levels of competition in the acquisition process.
(1) Full and Open Competition, FAR Subpart 6.1; (2) Full and Open Competition After Exclusion of Sources, FAR Subpart 6.2
; and (3) Other Than Full and Open Competition, FAR Subpart 6.3.
What is a characteristic of best value?
Best value means
the expected outcome of an acquisition
that, in the Government’s estimation, provides the greatest overall benefit in response to the requirement.
Which of the following is a type of tender?
There are various types of tenders, such as
open tender
, selective tender, serial tender, negotiated tender, and term tender. 1. Open Tender An open tender is the principal tender procedure employed by both the private and government sectors.
What is a justification and approval?
Justification and Approval (J&A) –
A document required to justify and obtain appropriate level approvals to contract without providing for full and open competition
as required by the Federal Acquisition Regulation (FAR).
What do you mean by open competition?
Open Competition means
a competition for a position in a Regulated Body that is open to all members of the public who are qualified
and which is conducted in accordance with the principles referred to in Article 3 hereof and the procedures set out in this Law. … Open Competition selection must occur for all commissions.
Why is tender necessary?
These tender regulations are bought in to
ensure that everything is fair and seen to be fair
as well as ensuring that as many different types of companies can bid as possible. They typically include the following requirements: That the ITT is advertised in easily found areas for set times.
What is competition in government contracting?
What Is the Competition In Contracting Act? Competition In Contracting Act is
a policy established by Congress in 1984 to encourage competition for government contracts
. The idea behind the policy is that the increased competition will result in improved savings to the government through more competitive pricing.
What is a CICA violation?
By definition, under CICA,
any procurement contract entered into without full and open competition is noncompetitive
. This is not to say, however, that every procurement contract entered into without using competitive procedures is in violation of CICA.
What are the two basic contract types?
There are two fundamental types of contracts:
Fixed-price and cost-reimbursement
. Performance risk is higher for the U.S. Government under a firm fixed-price contract, while cost-reimbursable contracts place a higher cost risk on the U.S. Government.
How does the Prompt Payment Act help the government?
Congress has imposed on agencies an obligation to pay every “proper invoice” within 30 days after its receipt. Under the Prompt Payment Act, an
agency that fails to pay within the required time will be liable for interest on the delinquent payment
. … Moreover, the government must pay all required interest automatically.
