some methods of contracting require more time than others

In that event, contracting officers must follow the requirements of subpart 17.2. FAR Council Publishes Three Final Rules Aimed at Boosting Small Using multiple suppliers instead of only one, for example, increases costs; so does operating a shadow organization. (b) A nondefense agency is compliant with applicable procurement requirements if the procurement policies, procedures, and internal controls of the nondefense agency applicable to the procurement of supplies and services on behalf of DoD, and the manner in which they are administered, are adequate to ensure the compliance of the nondefense department or agency with-, (1) The Federal Acquisition Regulation and other laws and regulations that apply to procurements of supplies and services by Federal agencies; and. For DoD, NASA, and the Coast Guard, the authorities cited in 17.101 do not apply to contracts for the purchase of supplies to which 40 U.S.C.759 applies (information resource management supply contracts). (b) When the contract provides for economic price adjustment and the contractor requests a revision of the price, the contracting officer shall determine the effect of the adjustment on prices under the option before the option is exercised. In the event there are no agency unique requirements beyond the FAR, the requesting agency shall so inform the servicing agency contracting officer in writing. To ensure that all interested sources of supply are thoroughly aware of how multi-year contracting is accomplished, use of presolicitation or pre-bid conferences may be advisable. Subpart 17.4 - Leader Company Contracting, Subpart 17.6 - Management and Operating Contracts. The contracting officer shall insert the clause at 52.217-2, Cancellation Under Multi-year Contracts, in solicitations and contracts when a multi-year contract is contemplated. What Is a Unit Price Contract & When to Use It? | NetSuite As contrasted with cancellation, termination can be effected at any time during the life of the contract (cancellation is effected between fiscal years) and can be for the total quantity or partial quantity (where as cancellation must be for all subsequent fiscal years quantities). (c) Cancellation or termination for insufficient funding. (b) This subpart applies to interagency acquisitions, see 2.101 for definition, when-, (1) An agency needing supplies or services obtains them using another agencys contract; or. Solicitations for multi-year contracts shall reflect all the factors to be considered for evaluation, specifically including the following: (a) The requirements, by item of supply or service, for the-, (1) First program year; and. Participation by subcontractors, suppliers, and vendors. (a) Except for DoD, NASA, and the Coast Guard, the contracting officer may enter into a multi-year contract if the head of the contracting activity determines that-, (1) The need for the supplies or services is reasonably firm and continuing over the period of the contract; and. Economic price adjustment clauses are adaptable to multi-year contracting needs. Kim Kerrone, of Island Health, described how the vested methodology broke the impasse. (c) Within 2 years of the effective date of this regulation, agencies shall review their current contractual arrangements in the light of the guidance of this subpart, in order to-, (1) Identify, modify as necessary, and authorize management and operating contracts; and. If cancellation occurs, the Governments liability will be determined by the terms of the applicable contract. (a) Effective work performance under management and operating contracts usually involves high levels of expertise and continuity of operations and personnel. Obtaining both also provides a basis for the computation of savings and other benefits. Multi-year contract means a contract for the purchase of supplies or services for more than 1, but not more than 5, program years. To keep expectations aligned in a complex and changing environment, both partiesnot just the one with greater powerneed to explain their vision and goals for the relationship. L. 110-181, section 801, as amended ( 10 U.S.C. (c) An interagency acquisition is not exempt from the requirements of subpart 7.3, Contractor Versus Government Performance. If you "overrun" the costs, your fee is the same, or fixed. 3903 and 10 U.S.C. (5) A specific price that is subject to change as the result of changes to prevailing labor rates provided by the Secretary of Labor. (d) The period may extend beyond the contract completion date for service contracts. These result in a decrease in paperwork as well as less costs on both the government and contractor. We will make decisions based on a balanced assessment of needs, risks, and resources.. (See 17.207(f) with regard to the exercise of options. (b) Criteria for comparing the lowest evaluated submission on the first program year requirements to the lowest evaluated submission on the multi-year requirements. On January 23, 2019, the FAR is changed to require a new contract clause in solicitations and contracts valued above the simplified acquisition threshold. Nonrecurring costs means those costs which are generally incurred on a one-time basis and include such costs as plant or equipment relocation, plant rearrangement, special tooling and special test equipment, preproduction engineering, initial spoilage and rework, and specialized work force training. It was a lose-lose scenario. (f) Before exercising an option, the contracting officer shall make a written determination for the contract file that exercise is in accordance with the terms of the option, the requirements of this section, and part 6. (g) Contracts may express extensions of the term of the contract as an amended completion date or as additional time for performance; e.g., days, weeks, or months.

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