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Federal Contracting Is Easy - Essay Example

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Summary
This paper "Federal Contracting Is Easy" presents some basic guidelines a successful vendor should always follow. The other thing is that the vendor should submit his completed standard Form or official form with his or her electronic signature, particularly when responding…
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Federal Contracting Is Easy
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Extract of sample "Federal Contracting Is Easy"

This is not enough; the vendor must also submit a dated copy of his or her commercial pricelist(s) along with the appropriate Special Item Number next to each item that is provided or offered (Stanberry, (2012). On top of this, the vendor must incorporate the Commercial Sales Practice Format (CSP-1), as well as provide or give details regarding his or her pricing history.

Last but not least, the vendor must accord close attention to the prices incorporated in his or her submission, as well as be in the position and ready to negotiate his or her best offer for the government. Also, all services or products that are offered at his or her pricelist should actually be within the range of the solicitation on top of the specific Special Item Number being used. In conclusion, the vendor should take the time to comprehend all the requirements entailed in the solicitation (Stanberry, (2012). As well, once on contract, his or her company will be liable for sticking to all pertinent portions of the FAR.

What Procurement Contracting Officers for the government are looking for in their evaluations of small-business offers:
Responsibility –The vendor should have a healthy financial state. That is, his or her financial resources should be readily available as well as have a good record of performance in the past (Stanberry, (2012).

Responsiveness – the vendor must also follow all instructions to the latter and include all the necessary documentation.

Pricing Analysis as well as Review of Terms – the prices quoted should also be fair and reasonable and should be accompanied with appropriate data that not only support but also explain the pricing structure.

The bottom line is that this is information obtained gives them a hint on the capability of the person or company to execute the awarded contract without any difficulty. Read More
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