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The Steps in the Acquisition Process for a Negotiated Best Value Source Selection

In: Business and Management

Submitted By darrylobryant
Words 1337
Pages 6
Acquisition is a process that requires teamwork with each individual and/or group working together to ensure that the customer is provided the greatest overall benefit in response to their requirements (best value). Acquisition planning should start once the need for supplies or services are identified. Integrated Product Teams (IPT) should be used when needed to help develop the acquisition strategy. The use of these teams will reduce false starts and delays resulting from unclear scopes of work. In the following paragraphs the steps in the acquisition process will be defined and discussed.
The first step in acquisition planning is market research. Market research collects and analyzes information about the capabilities within the market that can satisfy the customer’s needs. It is essential to designing the acquisition strategy. The participants will depend on the organization and types of services or products needed. Teams are used depending on the complexity of the requirement. Teams may be composed of project officers, technical experts, end users, cost analysts, contract specialists and contracting officers. The market can be reviewed by publishing formal requests for information, contact knowledgeable individuals regarding market capabilities and practices, magazines, newspapers, attending trade shows, and internet searches. Market research should be utilized to acquire products or services faster, cheaper, and with better capabilities. It is also used to promote the preparation of acquisition documentation leading to best value acquisition decisions.
The second step is selecting the evaluation method. Determining the most effective evaluation methodology is one of the first steps to designing the acquisition strategy. When it is in the best interest of the Government to consider an award to other than the lowest priced offeror, trade off...

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