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How to fit comment contract

4.7 out of 5

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how do you know if something fits the easiest way to find out is to try it out unfortunately you cant try to change to a contract like you would with a puzzle piece changes to contracts can only be made using modifications but how do you know if a requested change fits or is within the scope of the contract you should consider how the change will impact quantity dollar value and schedule in general big changes in any of these areas dont fit in the contract or considered out of scope sometimes big changes may appear small for example your customer may want to increase the contract value by $5,000 at first glance this may appear to be a small change that fits however changes in dollar value depend on the total dollar value of the contract a $5,000 increase on a 1 million dollar contract may fit but a $5,000 increase on a $5,000 purchase order may not fit quantity changes can seem big or small as well do you think a quantity increase of 1 seems like a good fit likely but what if the it

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What is the simplified acquisition threshold $750 000?

The simplified acquisition threshold is raised from $250,000 to $750,000 for domestic purchases and $1.5 million for purchases outside the U.S. Agencies may use simplified acquisition procedures up to $13 million for purchases of commercial item buys.

What is the minimum solicitation response time authorized?

(c) Except for the acquisition of commercial products or commercial services (see 5.203(b)), agencies shall allow at least a 30-day response time for receipt of bids or proposals from the date of issuance of a solicitation, if the proposed contract action is expected to exceed the simplified acquisition threshold.

What is the simplified acquisition threshold?

The Simplified Acquisition Threshold (SAT) is the dollar amount in federal acquisition represented by the anticipated award amount of a contract, under which contracting officers are directed to use simplified acquisition procedures to solicit and award the resulting contracts. As of summer 2022, the SAT is $250,000.

What is the relationship between FTA Circular 4220 and the FAR?

FTA is required to base its Circular 4220.1F requirements for grantees on the CFR, not FAR. Thus the contract clause instructions in the BPPM Appendix A. 1 never reference the FAR requirements but are based upon specific regulations applying to grantees, such as the common grant rules.

What is CICA government contracting?

Competition In Contracting Act is a policy established by Congress in 1984 to encourage competition for government contracts. The idea behind the policy is that the increased competition will result in improved savings to the government through more competitive pricing.

What is the solicitation award phase of an acquisition?

The Solicitation and Award phase of the procurement lifecycle is defined as the process of acquiring goods, services, or construction through an open, competitive solicitation process and includes the following steps: solicitation development; solicitation issuance; proposal receipt; evaluation; discussions (if

How long should solicitation be posted?

The information must be posted not later than the date the solicitation is issued, and must remain posted for at least 10 days or until after quotations have been opened, whichever is later.

At what dollar threshold must you Synopsize?

(1) Except when exempted by 5.202, contracting officers must transmit to the GPE a synopsis of each proposed contract action for which the total fee (including phases and options) is expected to exceed $25,000.

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