(a) General. (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. Under certain conditions the Government may not be able to specify its required delivery and/or quantity or may not have sufficient funds for obligation of the entire needed quantity at that time. (b) Program should-cost review. 3905: (A) For experimental, developmental, or research work performed under a cost-plus-fixed-fee contract, the fee shall not exceed 15 percent of the contracts estimated cost, excluding fee. When this result is negative, place the amount in parentheses. 3701(2) and 41 U.S.C.3501(a)(3)). Enter your redetermination proposal amount. Form USM-416, Individual Acquisition Planning, must be completed for each new contract action above the dollar threshold of $100,000. (d) The requirements of this subsection also apply to contracts entered into by an agency on behalf of a foreign government. Limited competition required to meet requirements Determine the value of capital assets in the following manner: 30.20.10.a Purchased assets.Use historical costs including all nonrefundable purchase taxes (e.g., sales taxes), and all appropriate ancillary costs less any trade discounts or rebates. (a) The contracting officer shall document in the contract file the principal elements of the negotiated agreement. The Government may evaluate the profit-cost relationships only if the audit reveals that the data certified by the contractor were defective. (1) Use the clause 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 clause with its Alternate II if copies of the proposal are to be sent to the ACO and contract auditor; (3) Use the clause with its Alternate III if submission via electronic media is required; and. Specify the total estimated dollar value of the acquisition, inclusive of options, and the total performance/delivery period. The five guides are: I Price Analysis, II Quantitative Techniques for Contract Pricing, III Cost Analysis, IV Advanced Issues in Contract Pricing, and V Federal Contract Negotiation Techniques. (ii) In calculating the interest amount due, the contracting officer shall-. What are the three types of indefinite delivery contracts? x intra-entity receivables and payables are . 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. (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. Approvals needed. Such techniques and procedures include the following: (i) Verification of cost data or pricing data and evaluation of cost elements, including-. -Requires approvals 74,528 (December 30, 2021). (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. This subfactor measures the contribution of direct engineering, manufacturing, and other labor to converting the raw materials, data, and subcontracted items into the contract items. (iv) Volume of proposal activity. When this result is negative, place the amount in parentheses. 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. -Solicit quotations based on personal preference. (iv) Comparison with competitive published price lists, published market prices of commodities, similar indexes, and discount or rebate arrangements. Depending upon the estimated dollar value of the acquisition: the contracting officer or the source selection authority, The phases of the services acquisition process are, The technical experts and nominated COR are usually involved in evaluating, You are monitoring a custodial contract (bathroom), When assessing a contractor's performance, Which of the following statements (false), Which selection best describes the preferred relationship, as a COR, establishing a joint partnership with your Contracting Officer, Our acquisition regulations provide the foundation, The competition in Contract Act requires that, The services contracting that the Government prefers not to use, The COR's authority is delineated in which document, Failure of the government to pay the contractor within 30 days, The purpose of market research is to maximize the capabilities, To have an effective acquisition team, it is important that you choose a group, What is the COR's primary purpose in performing an inspection, determine whether the completed supplies and services, The __ is the statutory requirement that ensures, Which of the following would not be fraudulent, accepting an unsolicited gift Valued at $15, The COR will be evaluating a contractor's performance using the ___, quality assurance surveillance plan (QASP), Which selection below describes a fixed price contract, the governments obligation to pay the agreed-upon price regardless, DAU CLC 206, COR IN A CONTINGENCY ENVIRONMENT, Metalle herstellen ( Oxidationsreihe Metalle), John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Operations Management: Sustainability and Supply Chain Management. March 31, 2021. -Consider soliciting at least 3 sources 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. 12,816. When preproduction or startup costs are significant, or when specifically requested to do so by the Contracting Officer, provide a full identification and explanation of them. (1) The contracting officer should request that personnel having specialized knowledge, skills, experience, or capability in engineering, science, or management perform a technical analysis of the proposed types and quantities of materials, labor, processes, special tooling, equipment or real property, the reasonableness of scrap and spoilage, and other associated factors set forth in the proposal(s) in order to determine the need for and reasonableness of the proposed resources, assuming reasonable economy and efficiency. The initial cost estimate must be completed before entry into the execution phase and must be updated annually. ARB . After completing the negotiation, the contracting officer shall provide the ACO a report of any identified uneconomical or inefficient practices, together with a report of correction or disposition agreements reached with the contractor. What is the Preferred Method to describe requirements? (i) Any acquisition that the contracting officer determines meets the commercial product or commercial service definition in 2.101, or any modification, as defined in paragraph (3)(i) of the commercial product definition, that does not change a commercial product to other than commercial, is exempt from the requirement for certified cost or pricing data. The extent of planning and research will vary, depending on such factors as estimated dollar value, complexity, and Increase in Equity Value. (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. . 1.00 1.00 1.00 1.00 1.00 1.00 0.06 1.00 $155.84. Unless an exception applies, certified cost or pricing data are required before accomplishing any of the following actions expected to exceed the current threshold or, in the case of existing contracts, the threshold specified in the contract: (i) The award of any negotiated contract (except for undefinitized actions such as letter contracts). When a program should-cost review is conducted relative to a contractor proposal, a separate audit report on the proposal is required. . The extent of planning and research will vary, depending on such factors as estimated dollar value, complexity, and Identification of the . (3) Both the Government and contractors should be concerned with profit as a motivator of efficient and effective contract performance. Procurement Monies - 3 years (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. Cognizant audit activities, when it is appropriate to do so, shall establish and manage regular programs for reviewing selected contractors estimating systems or methods, in order to reduce the scope of reviews to be performed on individual proposals, expedite the negotiation process, and increase the reliability of proposals. The ARB Coordinator will schedule and facilitate ARB The phases of the services acquisition process are. What document must be completed prior to 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) Facts that lead to the decision, or findings In addition, consideration should be given to measures taken by the prospective contractor that result in productivity improvements, and other cost-reduction accomplishments that will benefit the Government in follow-on contracts. chapter 271 and 41 U.S.C. 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. 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. A method to calculate non-operating income A. The price negotiation memorandum shall reflect the adjustments made to the data or the corrected data used to negotiate the contract price. (C) There is no finding that the price of the otherwise successful offeror is unreasonable. 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 . With this deal, the combined value of the company amounts to $1.3 billion. (C) Conversion-related indirect costs. experts as needed to develop the package, depending on the type of acquisition and the estimated dollar value. trade-offs made or relied on by the KO, including benefits associated with additional costs. Identification of the . Purchase Card and is not required to be advertised. (5) Brief description (including any part or model numbers of each contract item or. For more information on peer reviews, see DFARS 201.170 and AFARS 5101.170. . 1.2 Administration The dollar value will be supported by appropriate documentation. Any finding that the price is unreasonable must be supported by a statement of the facts and approved at a level above the contracting officer. Location and ID of CPU device 11. Cost reimbursement contracts 100% Government. Contracting officers shall -. In addition, by providing rationale for any recommendations and quantifying their impact on cost, the Government will be better able to develop realistic objectives for negotiation. Depending upon the estimated dollar value of the acquisition: the contracting officer or the source selection authority. The reasons must include the consideration given to the evaluation factors described in the solicitation and must be in sufficient detail to permit the contracting officer to evaluate the categorization or proposal. Depending upon the estimated dollar value of the acquisition: the contracting officer or the source selection authority. (i) A price is based on adequate price competition when. Requests for updated offeror data should be limited to data that affect the adequacy of the proposal for negotiations, such as changes in price lists. the expected outcome of an acquisition (h) Review and justification of pass-through contracts. 2377. Acquisition Streamlining System for Award Management-www.sam.gov This does not relieve the contracting officer from the responsibility to analyze the contractors submission, including subcontractors certified cost or pricing data. Purity Ice Cream Company bought a new ice cream maker at the beginning of the year at a cost of$9,000. The purpose of this Policy is to establish the Department of Health and Human Services (HHS) Information Technology Acquisition Review (ITAR) Program. 2.Very costly and long-lead time, The process of creating and issuing federal regulations. Acquisition valuation involves the use of multiple analyses to determine a range of possible prices to pay for an acquisition candidate. This method may be used for commercial products or commercial services including those of a type or when requiring minor modifications for commercial products. (4) Replace the basic provision with its Alternate IV if certified cost or pricing data are not expected to be required because an exception may apply, but data other than certified cost or pricing data will be required as described in 15.403-3. For acquisitions with a total estimated value of $100M or more, the SSA shall be an individual other than the PCO. Set-Asides for Small Business Concerns (D) A statement that interest will continue to accrue until repayment is made. The contracting officer should require such information in all other negotiated contracts when appropriate. (i)Designating planners for acquisitions. The FAR Matrix is located in what FAR Part? (iii) The Government shall not disclose outside the Government data obtained relating to commercial products or commercial services that is exempt from disclosure under 24.202(a) or the Freedom of Information Act ( 5U.S.C.552(b)). develop independent gov. Subcontractor certified cost or pricing data must be accurate, complete and current as of the date of final price agreement, or an earlier date agreed upon by the parties, given on the prime contractors Certificate of Current Cost or Pricing Data. (e) Subcontractor Certified Cost or Pricing Data-Modifications. (1) Unbalanced pricing may increase performance risk and could result in payment of unreasonably high prices. (i) Acquisitions at or below the simplified acquisition threshold; (ii) Construction or architect-engineer services under part 36; (iv) Service contracts where supplies are not required; (v) Acquisitions of commercial products and commercial services; and. (iii) The modification of any sealed bid or negotiated contract (whether or not certified cost or pricing data were initially required) or any subcontract covered by paragraph (a)(1)(ii) of this subsection. (i) The contracting officer shall limit requests for sales data relating to commercial products or commercial services to data for the same or similar items during a relevant time period. (1) Adequate price competition. are Task Order or Delivery Order contracts established by one Agency for use by Government Agencies to obtain a variety of supplies and services. Law The Federal Government's authority to enter into contracts derives from the U.S. Constitution, which defines its powers. (h) Facilities Capital Cost of Money. (c) Audit assistance for prime contracts or subcontracts. Our acquisition regulations provide foundation on which the acquisition is based and legally delegate which type of authority to the contracting . If the ACO determines that a changed condition invalidates the agreement, the ACO shall notify all interested parties of the extent of its effect and status of efforts to establish a revised FPRA. The completed field pricing assistance results may reference audit information, but need not reconcile the audit recommendations and technical recommendations. (B) Conversion direct labor. Depending on the type of acquisition and the estimated dollar value, the requiring component is expected to form a multi- functional team consisting of the PM, CO, CS, and Contracting Officer's Representative (COR) to develop the package. If cost or price analysis techniques indicate that an offer is unbalanced, the contracting officer shall-, (i) Consider the risks to the Government associated with the unbalanced pricing in determining the competitive range and in making the source selection decision; and. 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 . The expertise of on-site Government personnel should be used, when appropriate. However, the findings and recommendations of the overhead should-cost team, or any separate overhead should-cost review report, shall be provided to the ACO. When required by the contracting officer, data other than certified cost or pricing data may be submitted in the offerors own format unless the contracting officer decides that use of a specific format is essential for evaluating and determining that the price is fair and reasonable and the format has been described in the solicitation. -Acquisition history. (3) The contracting officer should request technical assistance in evaluating pricing related to items that are "similar to" items being purchased, 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. . Task Denition and Framework Assume a classier induction problem where each instance is represented with n independent . Cost - the cost of the purchased software 12. If this situation occurs in any fixed-price incentive or cost-plus-incentive-fee contract, the contracting officer shall specify these items in the contract and state that they are subject to paragraph (d) of the clause at 52.215-9, Changes or Additions to Make-or-Buy Program (see 15.408(a)). 45 day response time for R&D actions that exceed the SAT, Contracting Officers must publicize contract actions in order to Agencies shall ensure updated information that changes a contracting officers prior final determination is reported into the FAPIIS module of Contractor Performance Assessment Reporting System (CPARS) in the event of a. (2) When certified cost or pricing data are not required by 15.403-4, shall obtain data other than certified cost or pricing data as necessary to establish a fair and reasonable price, generally using the following order of preference in determining the type of data required: (i) No additional data from the offeror, if the price is based on adequate price competition, except as provided by 15.403-3(b). The contracting officer shall insert the clause at 52.215-18, Reversion or Adjustment of Plans for Postretirement Benefits (PRB) Other Than Pensions, in solicitations and contracts for which it is anticipated that certified cost or pricing data will be required or for which any preaward or postaward cost determinations will be subject to part 31. (i) Whenever circumstances permit, the contracting officer and field pricing experts are encouraged to use telephonic and/or electronic means to request and transmit pricing information. Can you accept these tickets? 6.302-4 - International Agreement The purpose of this Policy is to establish the Department of Health and Human Services (HHS) Information Technology Acquisition Review (ITAR) Program. (2) Except as provided in paragraph (h)(3) of this section, when an offeror for a contract or a task or delivery order informs the contracting officer pursuant to 52.215-22 that it intends to award subcontracts for more than 70 percent of the total cost of work to be performed under the contract, task or delivery order, the contracting officer shall. It is used for the writing soliciations and contracts. Check the applicable block below based on the acquisition circumstance. Estimated Capacity based upon POW = $250,000 . 1 SLAT Warrant Procurement Limit.Lease procurement awards using a Simplified warrant shall not exceed a total lease contract value of $10,000,000. (2) It is in the Governments interest to offer contractors opportunities for financial rewards sufficient to stimulate efficient contract performance, attract the best capabilities of qualified large and small business concerns to Government contracts, and maintain a viable industrial base. (ii) Categorization of each major item or work effort as "must make," "must buy," or "can either make or buy. (b) Price each contract separately and independently and not-, (1) Use proposed price reductions under other contracts as an evaluation factor; or. Public Works and Government Services Canada 01 Interpretation 02 Standard Conditions and Clauses 03 Status of the Contractor 04 Inspection, permitting other than full and open competition. x excess acquisition-date fair over book values for limited-life subsidiary assets must be amortized over time. (vii) Personnel with the required skills are available or can be assigned for the duration of the should-cost review. (c) Acquisitions requiring make-or-buy programs. Full and Open Competition After Exclusion of Sources What are the five types of money and their purposes? 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. Oral notifications shall be confirmed promptly in writing, including a description of deficient or denied data or records. (5) The contracting officer may request the advice and assistance of other experts to ensure that an appropriate analysis is performed. The acquisition price of a company is the total consideration paid for the company on an agreed date. (b)(1) The extent of market research will vary, depending on such factors as urgency, estimated dollar value, complexity, and past experience. y = ($399)(15,000) 0.60 = $128,000.Back to top The program will ensure HHS conducts its due diligence to manage and maintain oversight and governance over the procurement of Information Technology (IT) therefore contributing to . This requirement does not apply when unrelated and separately priced changes for which certified cost or pricing data would not otherwise be required are included for administrative convenience in the same modification. Apache/2.4.38 (Debian) Server at walkerstalkerfanfest.com Port 80 (A) Use the basic clause in solicitations and contracts when the estimated value equals or exceeds $100,000, but is less than $182,000 [183, 000] (*. (D) The application of audited or negotiated indirect cost rates, labor rates, and cost of money or other factors. Justification and agency approval must be documented in the contract file. Where is the balance assigned to the non-controlling interest reported in the consolidated balance sheet? This is because the act is one of potential fraud. Price means cost plus any fee or profit applicable to the contract type. (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. 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. Also provide data showing the basis for establishing source and reasonableness of price.
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