Sealed bids vs. Competitive proposal
Chapter 6 of the Federal Acquisition Regulations states that contracting officers are only allowed to solicit sealed bids when time allows for solicitation, submission, and evaluation of the sealed bids (Justia Law, 2012). Contracting officers are under strict instruction to only make an award on the basis of the price. Besides, the law compels the contracting officers not to engage in any form of discussion with the offerors about their bids. Other forms of acquisition give relative importance to cost or price as opposed to sealed bidding where an award is made on the basis of price and price related factors. In a situation where a contractor is offering goods and services which are clearly defined, where discussions are not a requisite, and the selection process probably factors in price and price related factors, then it is imperative that the contractor synthesizes the rules and procedures that accompany sealed bidding (Justia Law, 2012).
Competitive proposal methodology cannot be...
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awarding audit contracts by U.S. government departments and agencies Audit Management Red Rationale for and Objectives of the project main and secondary Desktop or literature search Rationale for Search Methodology LITERATURE/DESKTOP RESEARCH Authoritative sources Desktop Findings Justification for audits Evolving role of auditors Types of audit contracts Understanding the Audit Process Best practices and benchmarking Terminology Case Studies Audit management is a fundamental element in government accountability, control and performance management. Certainly there is justification within the Federal government to conduct audits of contracts for the
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