WEDNESDAY, APRIL 14, 2021
ZOOM AVAILABLE 5:45 PM EST
TRAINING 6:00 PM - 7:30 PM
Continuing Education Credits
CERTIFICATE OF ATTENDANCE: CPE 1.5/CEU .13/CLP 2.0/PDU TBD
PDU (submit attendance certificate to PMI for PDU), upon their approval, it may be assigned 1.5 PDU)
Understanding the Proposal Evaluation Process is for both contractors and agencies who want, or need, to have a better understanding of the proposal evaluation process. This presentation examines one common evaluation factor which is often significant, possibly deciding, factor in the ultimate award decision of many federal contract awards. Our expert presenter will seek to answer two questions about the discussed evaluation factor.
(1) How do contractors maximize their chance for success in this part of their proposal?
(2) How do government personnel perform a proper evaluation of this factor?
This virtual class is ESSENTIAL for any individual government or contractor who will ever be involved in the proposal preparation and evaluation process.
Cost to the government must be considered in the award of every contract, including in the award of fixed price-type contracts and task orders. There are many different kinds of price evaluation and analysis techniques (e.g., reasonableness, realism, etc.) that can and should be used when analyzing offerors' prices. To an offeror, different price evaluation requirements could result in very different pricing strategies, and this may be the difference between winning and losing a contract. How do Agency personnel perform various types of price evaluations? Do contractors understand how to maximize their chances of success in this part of their proposal? This virtual class is for both contractor and agency personnel who want (or need) to have a better understanding of the price evaluation process.
- The statutory and regulatory provisions affecting price evaluations and analysis
- What is meant by "completeness" and "accuracy"?
- What is meant by "reasonable" and "reasonableness"?
- What is meant by "realism"?
- When is a price realism evaluation permitted/required?
- Analyzing the standard of review
- Types of cost and pricing data/information
- Looking at common agency & offeror mistakes
- Considering arguments that are not worthy