Essay on "Sealed Bids vs. Competitive Proposal"
Essay 2 pages (631 words) Sources: 3
[EXCERPT] . . . .
With competitive proposal, a contracting officer is sure of getting a fair and a reasonable price. It also guarantees a contracting officer an opportunity to obtain the required delivery schedule. Besides, the contracting officer also gains control over the performance of the supplier in terms of man hours of effort, levels of technical talent, special equipment and testing requirement, and nature of sub-contracted effort (Manuel, 2012). Control is also gained over the supplier's performance with regard to quality, quantity, delivery, and service terms. Through competitive proposal, government institutions are guaranteed of supplier cooperation. The supplier in return gets timely payment, fair treatment, and contract compliance. The suppliers are also guaranteed of future orders (Naval Air Warfare Center Training System, 2007).Competitive proposal ensures that there exists a sound and continuing relationship between buyer and seller. All these are made possible because of the element of negotiation that accompanies request for proposal (RFP). Negotiation is normally given a chance when the acquisition process is complex, the risks cannot be accurately determined at the onset, when there is protracted production time, and when a single source of supply is needed (Manuel, 2012).
Negotiation can also be given a chance when contracting for production effort. In negotiated procurements it is imperative that the evaluation criteria be made clear, stated, and ordered by importance. Besides, the evaluation process must be anchored on a stated criterion. Because of the evaluation process that accompanies competitive proposals contracts are only offered to responsible offerors.
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References
Justia Law. (2012). 48 C.F.R. Part 14-Sealed Bidding. Retrieved February 15, 2012 from http://law.justia.com/cfr/title48/48-1.0.1.3.14.html
Manuel, K.M. (2011). Competition in Federal Contracting: An overview of the Legal
Requirements. Retrieved February 15, 2012 from http://www.fas.org/sgp/crs/misc/R40516.pdf
Naval Air Warfare Center Training System. (2007). Competitive Proposal Evaluation. Retrieved February 15, 2012
from http://www.navair.navy.mil/nawctsd/Resources/Library/Acqguide/evalcomp.htm READ MORE
Quoted Instructions for "Sealed Bids vs. Competitive Proposal" Assignment:
“Business 315 Week 3 Assignment 1
Assignment 1: Sealed Bids vs. Competitive Proposals Due Week 3 and worth 120 points Write a 1-2 page paper in which you compare and contrast sealed bidding and competitive proposals in terms of which are most advantageous to contractors. Your assignment must: •Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. •Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: •Outline the process to forecast the likely price of an acquisition, calculate semi-variable costs, and allocate direct and indirect costs. •Use technology and information resources to research issues in cost and price analysis. •Write clearly and concisely about cost and price analysis using proper writing mechanics.
How to Reference "Sealed Bids vs. Competitive Proposal" Essay in a Bibliography
“Sealed Bids vs. Competitive Proposal.” A1-TermPaper.com, 2013, https://www.a1-termpaper.com/topics/essay/sealed-bids-competitive-proposal-chapter/4661460. Accessed 5 Oct 2024.
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