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FAR Part 14 details the requirements for conducting a "sealed bid" tender, where federal requirements can be stated "clearly, accurately, and completely" and price is the only determinant of contract awardee. [25] Under this part, Unnecessarily restrictive specifications or requirements that might unduly limit the number of bidders are prohibited.
Outside of a specified exception, acquisitions having a cost above the simplified acquisition threshold or the special authority under FAR Subpart 13.5 must be performed using the process specified under FAR Part 14, Sealed Bidding, or FAR Part 15, Contracting by Negotiation. Workload of the Government contracting office and requiring activity.
The law was passed as part of the Deficit Reduction Act of 1984, P.L. 98-369, §§ 2701–2753, 98 Stat. 1175 (1984), and its competition requirements took effect on April 1, 1984. [1] The law defines a role for GAO to adjudicate "bid protests", which are claims that the government awarded a contract improperly. [4]
Cost Accounting Standards (popularly known as CAS) are a set of 19 standards and rules promulgated by the United States Government for use in determining costs on negotiated procurements. CAS differs from the Federal Acquisition Regulation (FAR) in that FAR applies to substantially all contractors, whereas CAS applied primarily to the larger ones.
Qualifications-Based Selection (QBS) is a procurement process established by the United States Congress as a part of the Brooks Act [1] and further developed as a process for public agencies to use for the selection of architectural and engineering services for public construction projects. It is a competitive contract procurement process ...
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On November 14, 2018, the Federal Communications Commission (FCC) began auctioning spectrum for 5G services for the first time. Bidding opened for spectrum in the 28 GHz band, with a total of a little more than 3,000 country-based licenses up for grabs, and will be followed by an auction of spectrum in the 24 GHz band. [49]
Fair-catch free kick rule. Here's the exact wording of the NFL's rule on fair catches, from Rule 10, Section 2, Article 4: "After a fair catch is made or is awarded as the result of fair catch ...