Depending upon the estimated dollar value of the acquisition: the contracting officer or the source selection authority. 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. Considerations include the complexity of the items required, the number of purchase orders and subcontracts to be awarded and administered, whether established sources are available or new or second sources must be developed, and whether material will be obtained through routine purchase orders or through complex subcontracts requiring detailed specifications. Life-cycle cost . (See the Certificate of Current Cost or Pricing Data at 15.406-2.). (7) The Air Force Institute of Technology (AFIT) and the Federal Acquisition Institute (FAI) jointly prepared a five-volume set of Contract Pricing Reference Guides to guide pricing and negotiation personnel. Explain the basis for the estimates, including identification of any provision for experienced or anticipated allowances, such as shrinkage, rework, design changes, etc. Acquisition planning commences with a legislated directive or when a concept or a need is identified. "Make item," as used in this subsection, means an item or work effort to be produced or performed by the prime contractor or its affiliates, subsidiaries, or divisions. develop independent gov. They are available via the internet at http://www.acq.osd.mil/dpap/cpic/cp/contract_pricing_reference_guides.html. (vii) Analysis of data other than certified cost or pricing data (as defined at 2.101) provided by the offeror. A synopsis is a "snapshot" of the requirement that the government is trying to fulfill. The complexity and circumstances of each acquisition should determine the level of detail of the analysis required. Form USM-416, Individual Acquisition Planning, must be completed for each new contract action above the dollar threshold of $100,000. (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. (4) Replace the basic clause 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. In this case, he could multiply his purchase price of $100,000 by 25% to get a land value of $25,000. (A) Data related to prices (e.g., established catalog or market prices, sales to non-governmental and governmental entities), relying first on data available within the Government; second, on data obtained from sources other than the offeror; and, if necessary, on data obtained from the offeror. What are the two basic types of contracts? (3) The contracting officer shall ensure that data used to support price negotiations are sufficiently current to permit negotiation of a fair and reasonable price. (a) General. 2.2 Definitions Clause ARB Coordinator. To the maximum extent practicable Identification of the . 6.302-1 - Only one responsible source and no other supplies or services will satisfy agency requirements Change in ROE of combined firm. Date and number of inventory requisition 10. no, the tickets exceed the . 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. 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. Raw materials, commercial products, commercial services (see 2.101), and off-the-shelf items (see 46.101) shall not be included, unless their potential impact on contract cost or schedule is critical. chapter 271 and 41 U.S.C. May be authorized by the Agency Head unless FAR 1.405(e) is applicable (5) The contracting officer may request the advice and assistance of other experts to ensure that an appropriate analysis is performed. What activity best helps the gov. 3. 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 . If the contractor proposes to reverse the categorization of such items during contract performance, the contract price shall be subject to equitable reduction. When performing surveillance on a contract, a COR may be asked to? (c) Acquisitions requiring make-or-buy programs. When prospective contractors are required to submit proposed make-or-buy programs, the solicitation shall include-, (1) A statement that the program and required supporting information must accompany the offer; and. Increase in Equity Value estimated value, etc., will not be made until each procurement is initiated. The research will vary, depending on such factors as urgency, estimated dollar value, complexity, and past experience. However, the contracting officer may agree to these as "make items" if an overall lower Governmentwide cost would result or it is otherwise in the best interest of the Government. 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. Contracting officers shall evaluate and negotiate proposed make-or-buy programs as soon as practicable after their receipt and before contract award. The contracting officer shall, when contracting by negotiation, insert the clause at 52.215-10, Price Reduction for Defective Certified Cost or Pricing Data, in solicitations and contracts when it is contemplated that certified cost or pricing data will be required from the contractor or any subcontractor (see 15.403-4). (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. (c) If, after award, the contracting officer learns or suspects that the data furnished were not accurate, complete, and current, or were not adequately verified by the contractor as of the time of negotiation, the contracting officer shall request an audit to evaluate the accuracy, completeness, and currency of the data. (d) The requirements of this subsection also apply to contracts entered into by an agency on behalf of a foreign government. Fixed price contracts 100% Contractor 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. acquisition costs proposed is in excess of $1 million, 10 percent of all remaining . Full and Open Competition This includes requiring data from an offeror to support a cost realism analysis; (iii) Consider whether cost data are necessary to determine a fair and reasonable price when there is not adequate price competition; (iv) 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 unless an exception under 15.403-1(b)(1) or (2) applies; and. (v) Comparison of proposed prices with independent Government cost estimates. Capacity is an estimated five-year dollar amount of what an individual could potentially give to the non-profit industry as a whole. Conduct site visits at the location(s) where the work is being performed (2) The contracting officer shall insert the clause with its Alternate I when contracting without adequate price competition or when prescribed by agency regulations. Examples of such techniques include, but are not limited to, the following: (i) Comparison of proposed prices received in response to the solicitation. s. tatutory authority. Change in ROE of combined firm. (a) The prenegotiation objectives establish the Governments initial negotiation position. In addition, provide a summary of your cost analysis and a copy of certified cost or pricing data submitted by the prospective source in support of each subcontract, or purchase order that is the lower of either $15 million or more, or both more than the pertinent certified cost or pricing data threshold and more than 10 percent of the prime contractor's proposed price. What are the two most common types of best Value evaluations? are Task Order or Delivery Order contracts established by one Agency for use by Government Agencies to obtain a variety of supplies and services. Enter your estimate for cost of work added by the change. Actual annual usage was 5,500 hours . A complete discussion of supporting documentation can be found at paragraph 060106 of this . What are Determination and Findings (D&F)? In support of subcontract costs, submit a listing of all subcontracts subject to repricing action, annotated as to their status. fiscal policy. The analytical techniques and procedures described in this subsection may be used, singly or in combination with others, to ensure that the final price is fair and reasonable. true. -Mandatory Federal Supply Schedule (www.gsaadvantage.gov) If release of the information would compromise Government security or disclose trade secrets or confidential business information, the contracting officer shall release it only under conditions that will protect it from improper disclosure. 1.5 Agency and Public Participation What are the three types of indefinite delivery contracts? (D) General management. What is significant depends upon the circumstances of each acquisition. Option was synopsized IAW FAR Part 5 Risks Planning the purchase should begin at the earliest practicable time. Not Exceeding $700K - Contracting Officer This subfactor measures the prospective contractors other indirect costs and general and administrative (G&A) expense, their composition, and how much they contribute to contract performance. The contracting officer shall, (1) Insert the clause at 52.215-12, Subcontractor Certified Cost or Pricing Data, in solicitations and contracts when the clause prescribed in paragraph (b) of this section is included; or. [1] . 2.2.1 Xxxx Atlantic shall change the prices for Xxxx Atlantic Ancillary Services, from time -to-time, to the extent such change is required by Applicable Law, including, but not limited to, by regulation or order of the Commission, the FCC, or other governmental entity of appropriate jurisdiction. Quantity deleted from inventory 11. Government -wide acquisition contracts (GWACS): What are some potential sources for conducting market (select all that apply), a. (B) The prior price must be adjusted to account for materially differing terms and conditions, quantities and market and economic factors. Begins when legislation is passed or an executive order is issued that requires regulatory implementation Any other data that may be pertinent to an assessment of the offerors ability to accomplish the technical requirements or to the cost or price analysis of the service or product being proposed should also be included in the analysis. When this result is negative, place the amount in parentheses. -Type and complexity of requirement Considerations include the diversity of engineering, scientific, and manufacturing labor skills required and the amount and quality of supervision and coordination needed to perform the contract task. (1) When the program is to be incorporated in the contract and the design status of the product being acquired does not permit accurate precontract identification of major items or work efforts, the contracting officer shall notify the prospective contractor in writing that these items or efforts, when identifiable, shall be added under the clause at 52.215-9, Changes or Additions to Make-or-Buy Program. The contracting officer shall send one copy of this memorandum to the auditor and, if the contract has been assigned for administration, one copy to the administrative contracting officer (ACO). 23E. When taking into account expected run-rate synergies and tax benefits, the acquisition reflects a multiple of 8.3 times estimated LTM Adjusted EBITDA. In addition, the contracting officer should request data to determine the cost realism of competing offers or to evaluate competing approaches. 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. The contracting officer shall-. This is to certify that, to the best of my knowledge and belief, the cost or pricing data (as defined in section 2.101 of the Federal Acquisition Regulation (FAR) and required under FAR subsection 15.403-4) submitted, either actually or by specific identification in writing, to the Contracting Officer or to the Contracting Officer's representative in support of ________* are accurate, complete, and current as of ________**. Include the current estimates of what the cost would have been to complete the deleted work not yet performed (not the original proposal estimates), and the cost of deleted work already performed. . (1) The contracting officer should request field pricing assistance when the information available at the buying activity is inadequate to determine a fair and reasonable price. Use CTRL+F to find the first part of the question. 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. . (C) For acquisitions funded by DoD, NASA, or Coast Guard such modifications of a commercial product are not exempt from the requirement for submission of certified cost or pricing data on the basis of the exemption provided for at 15.403-1(c)(3) if the total price of all such modifications under a particular contract action exceeds the greater of the threshold for obtaining certified cost or pricing data in 15.403-4 or 5 percent of the total price of the contract at the time of contract award. However, proposals shall be evaluated using the criteria in the solicitation, and the offered prices shall not be adjusted as a result of the analysis. (a) Certified cost or pricing data shall not be obtained for acquisitions at or below the simplified acquisition threshold. (C) There is no finding that the price of the otherwise successful offeror is unreasonable. and depending on the size of the acquisition or disposition, may require . The completed field pricing assistance results may reference audit information, but need not reconcile the audit recommendations and technical recommendations. (b) Price analysis. 2.1 Definitions Acquisition Premium: An acquisition premium is the difference between the estimated real value of a company and the actual price paid to obtain it. Task Denition and Framework Assume a classier induction problem where each instance is represented with n independent . 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). 1.Begin with Research and Development This dollar range is current as of the date of issuance of interim acquisition policy memorandum No. (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. (A) This factor measures the degree of cost responsibility and associated risk that the prospective contractor will assume as a result of the contract type contemplated and considering the reliability of the cost estimate in relation to the complexity and duration of the contract task. experts as needed to develop the package, depending on the type of acquisition and the estimated dollar value. 1.4 Deviations from the FAR Purchase Card and is not required to be advertised. (1) The contracting officer shall insert the clause at 52.215-14, Integrity of Unit Prices, in solicitations and contracts except for-. (2) Limitations relating to commercial products or commercial services 10 U.S.C. The K values are based on 1968 dollars. Considerations include how labor in the overhead pools would be treated if it were direct labor, whether elements within the pools are routine expenses or instead are elements that contribute significantly to the proposed contract, and whether the elements require routine as opposed to unusual managerial effort and attention. What are some of the factors to consider when Competition Policy FAR 6.101 The increases for micro-purchases and the simplified acquisition threshold apply to FTA-funded procurements made on or after June 20, 2018. (h)Ensuring that the principles of this subpart are used, as appropriate, for those acquisitions that do not require a written plan as well as for those that do. Policy (C) For other cost-plus-fixed-fee contracts, the fee shall not exceed 10 percent of the contracts estimated cost, excluding fee. (ii) The waiver specifically includes the subcontract and the rationale supporting the waiver for that subcontract. Acquisition Premium: An acquisition premium is the difference between the estimated real value of a company and the actual price paid to obtain it. Apache/2.4.38 (Debian) Server at walkerstalkerfanfest.com Port 80 ", Should begin as soon as the agency need is identified. Contracting officers shall -. (d) If, however, the contractor insists on a price or demands a profit or fee that the contracting officer considers unreasonable, and the contracting officer has taken all authorized actions (including determining the feasibility of developing an alternative source) without success, the contracting officer shall refer the contract action to a level above the contracting officer. Where it is located in the Uniform Contract Format (UCF) Justification and agency approval must be documented in the contract file. Phasos of the Services Acquisrt:ion Procoss 4 Reqmr.menls Oeflndlon 5. (a) Using an acceptable estimating system for proposal preparation benefits both the Government and the contractor by increasing the accuracy and reliability of individual proposals. Enter appropriate cost elements. and depending on the size of the acquisition or disposition, may require . 453.94 $46.38. (F) Identifying general market conditions affecting determinations of commerciality and a fair and reasonable price. It was driven 18,000 miles in 2018 and 32,000 miles in 2019. The contracting officer shall insert the clause at 52.215-15, Pension Adjustments and Asset Reversions, 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. Define working capital. (j)Reviewing and approving acquisition plans and revisions to these plans to The stock price of both companies declined the day the deal was announced. Active Feature-value Acquisition 2.1. When obtaining data from the offeror is necessary, unless an exception under 15.403-1(b)(1) or (2) applies, such data submitted by the offeror shall include, at a minimum, appropriate data on the prices at which the same or similar items have been sold previously, adequate for evaluating the reasonableness of the price. (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-. -Price analysis Requirements Contracts Conditions that may affect the agreements validity shall be reported promptly to the ACO. The governments's unilateral right in the contract whereby, for a specified time, the government may choose to purchase additional supplies or services or extend the term of the contract. -Consider soliciting at least 3 sources x subsidiary assets and liabilities are adjusted to reflect acquisition-date fair values net of post-acquisition amortization. -Description of the supply/service It applies to the data upon which the judgment or estimate was based. The greatest risks associated with unbalanced pricing occur when-. 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. See 15.408. Contracting Officer must not: trade-offs made or relied on by the KO, including benefits associated with additional costs. No, the tickets exceed the gratuity dollar threshold of $20, The _______ is the statutory requirement that ensures full and open competitio. Our acquisition regulations provide foundation on which the acquisition is based and legally delegate which type of authority to the contracting . (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. (2) Cost realism analyses shall be performed on cost-reimbursement contracts to determine the probable cost of performance for each offeror. Which type of contract requires a vendor to give their "best effort"? The SAT can vary depending on the particular acquisition situation. -Sufficient justification for the authority cited The current threshold values for federal procurements are US$183,000 for contracts for goods and services and US$7,032,000 for construction contracts. How many nieces and nephew luther vandross have? (A) Material acquisition. Column(5) minus Column(4) equals Column(6). Capital assets should be valued at cost including all ancillary charges necessary to place the asset in its intended location and condition for use. Holdings may also distribute its Sangoma Shares to its members. This data may include history of sales to non-governmental and governmental entities, cost data, or any other information the contracting officer requires to determine the price is fair and reasonable. understand why it might be useful to develop estimates of the values of environmental goods in dollar terms. (iv) Any acquisition for other than commercial products or services treated as commercial products or commercial services at 12.102(f)(1), except sole source contracts greater than $20 million, is exempt from the requirements for certified cost or pricing data ( 41 U.S.C.1903). 2. For standard commercial products fabricated by the offeror that are generally stocked in inventory, provide a separate cost breakdown, if priced based on cost. (2) Except for the acquisition of commercial products, contracting officers shall require that offerors identify in their proposals those items of supply that they will not manufacture or to which they will not contribute significant value, unless adequate price competition is expected ( 10 U.S.C. Increase in Value of Equity. ", (iii) For each item or work effort categorized as "can either make or buy," a proposal either to "make" or to "buy.". (B) Conversion direct labor. Enter all costs incurred under the contract before starting production and other nonrecurring costs (usually referred to as startup costs) from your books and records as of the cutoff date. Historical acquisition data Quarterly B. (B) In order to make this determination, the contracting officer may request the offeror to submit prices paid for the same or similar commercial services under comparable terms and conditions by both Government and commercial customers; and. As well, generally internally generated goodwill and other intangible assets can not be recognized on the balance sheet. Limited competition required to meet requirements Increase in Equity Value true ETHICS PROCUREMENT PERSONNEL: You are a COR working on the third year of a 5-year contract (football tickets). Total Holdings Value is calculated by taking the most recent acquisition or disposal transaction for each distinct ticker value of Insider Filings transactions . ARCHIVED 2029 00 (2005-06-10) General Conditions - Goods or Services (Low Dollar Value) Remarks: Use the following general conditions for Low Dollar Value Competitive and Non-Competitive requirements, for goods or services. Estimated dollar value Assume that the estimated productive life of the machine was 16,000 hours. However, they are not directive and should be considered informational only. However, because of the potential impact on small business participation, before conducting an acquisition that is a consolidation of requirements with an estimated total dollar value exceeding $2 million, the senior procurement executive (SPE) or chief acquisition officer (CAO) shall make a written determination that the consolidation is . (b) The certificate does not constitute a representation as to the accuracy of the contractors judgment on the estimate of future costs or projections. (a) General. Compatibility with other systems When an overhead should-cost review is conducted, a separate audit report is required. (c) Not include in a contract price any amount for a specified contingency to the extent that the contract provides for a price adjustment based upon the occurrence of that contingency. (1) Cost realism analysis is the process of independently reviewing and evaluating specific elements of each offerors proposed cost estimate to determine whether the estimated proposed cost elements are realistic for the work to be performed; reflect a clear understanding of the requirements; and are consistent with the unique methods of performance and materials described in the offerors technical proposal. Who Depending upon the estimated dollar value of the acquisition and agency procedures the decision to award will be made by? This provision also provides instructions to offerors on how to request an exception from the requirement to submit certified cost or pricing data. 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. 8(a) Programs The documentation (e.g., price negotiation memorandum (PNM)) shall include the following: (1) The purpose of the negotiation. While these acquisitions are "accretive" to EPS, they are highly dilutive to cash flows and ACHC's balance sheet. (3) Contracting officers shall use the Government prenegotiation cost objective amounts as the basis for calculating the profit or fee prenegotiation objective. Depending on the estimated dollar value of the acquisition, the decision to award may be the KO or designated source selection authority. 6.302-5 - Authorized or required by statute

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