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Pricing and Financial Management of Contracts

In: Business and Management

Submitted By kanya10
Words 982
Pages 4
Hugo Corporation - Maximize Price Competition
1. You are concerned about the clarity of the purchase description in light of the lack of competition on the current purchase. As a buyer, what can you do?
a. You can elect to rewrite the purchase description in more detail and have it reviewed in house for feedback.
b. Or if circumstances permit, invite interested offerors who reply to the initial solicitation, to an oral presentation of the offer and clarify any issues before requesting official bids or proposals. This can be a video conference or a personal meeting.
2. You are also concerned that the Government did not obtain the greatest possible discount on sales over 1,000 total units. As a buyer, what can you do?
It is too late to get request discounts after contract award or completion. That needed to be negotiated before contract award. The buyer can prepare himself better for any future negotiations to ensure the best value for the government. If defective pricing is suspected then that needs to be confirmed and corrective actions pursued within 3 yearsto recoup funds for the government.
Leonard's Linens - Comparing Prices
1. Do you concur in the contracting officer's (buyer's) decision?

Yes, the buyer’s decision appears to be reasonable. If 10 to 30 offers are requesting copies of the solicitation and only 1 or 2 are submitting offers then it’s possible that the other contractors see this contract as a losing proposition for them. Also, based upon the price list submitted the contracting officer is justified in determining that the proposed price is reasonable based on comparisons of the proposed prices with current prices, the Government estimate, and the prices published in the existing catalog.
2. What other actions might the contracting officer have taken m determining price reasonableness?

If the contractor was still not comfortable...

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