Assignment Writing Help on Federal Acquisition Regulation

Federal Acquisition Regulation

Enlargement of commercial enterprise to achieve the level of the federal marketplace is indeed profitable as well as offers several networking alongside growth chances. However, triumphing in federal contracts additionally implies observing the legislations, as well as rules peculiar to business people’s activities with the state. A number of upcoming contractors and particularly small commercial enterprises fail to comply with the rules as well as the regulations they ought to adhere to (Moszoro, & Spiller, 2012, p. 112). Federal Acquisition Regulation mutually benefits both small businesses and the defence department such as the Navy in several ways.

Small business enterprises and Navy benefit especially in the contracting scenario, FAR proposes negotiation as well as the practice of conscious judgment especially when choosing the type of the contract. It further asserts that the agreement that propagates the optimal use of the fundamental profit motive of commercial organizations a high fixed price contract- suits utilization in scenarios where the uncertainty in question is insignificant. In addition, they benefit by directing contracting officers to reflect on the kind, as well as the intricacy of the requisites during choosing of the form of agreement. Thirdly, they benefit through stressing of FAR on the appropriateness of constant price contract stays confined to the acquisition of supplies in conditions of firm design focused on approved specifications.

Furthermore, there are many methods used for the soliciting bids. The process seems specified by the law (Moszoro, & Spiller, 2012, p. 112). The law demands that all stakeholders to acquire competitive bids prior to the assignment of different categories of contracts. Competitive bidding process fulfils the purpose of curbing collusion as well as bias in the assignment of contracts as well as to promote good pricing with the aim of protecting the public funds from misuse and this constitutes the rationale for the Navy to a choose a particular company in a sealed bidding process. The legislation does not often demand the assignment of contracts to the least bidder. It is evident that bidding requisites portray the aspect of requiring wise venture of public funds (Snider & Rendon 2012, p. 67). This implies that the standard, as well as the worth, can be as vital as the first price in assessing products as well as contractors in strict bid contracts. There are two forms of competitive bidding. These include formal bidding as well as informal bidding. This is applicable to two classifications of contracts (Snider & Rendon 2012, p. 53).

Notably, the contract which involves the purchase or lease buying of apparatus alongside supplies and materials. Secondly, it is the contracts, which include edifice activities. The contracts that do not feature in these classifications do not fall under the docket of the competitive bidding process (Snider & Rendon 2012, p. 57). The competitive bidding requisites are applicable to counties besides cities, schools as well as other state departments, which encompass the Navy. It also applies to private organizations such as commercial enterprises. Competitive bidding requisites appear stimulated when the use of public finances for the two particular categories of agreements take place at the dollar limits as stated in the law (Snider & Rendon 2012, p. 67).

There are other approaches that includes negotiation as well as alternative contracting techniques such as approaches covering the contract of service (Cox, & Moore, 2013, p. 54). The negotiation process involves a relatively a more intricate procedure for the organizations intending to transact with states (Cox, & Moore, 2013, p. 56). For instance, when the worth of a state contract goes past $100,000 as well as when it needs an extreme technical commodity, the state may give a response for proposal (RFP). In that particular RFP, the state will specify a product it desires then solicits for proposals from potential contractors based on their terms of the contract and then negotiation takes the course. Finally, alternative contracting methods involves consolidated purchasing programs, and this is applicable when the government attains economies of scale through bulk buying of distinct products (Cox & Moore, 2013, p. 58).

References

Cox, A. G., & Moore, N. Y. (2013). Improving Federal and Department of Defense Use of Service-Disabled Veteran-Owned Small Businesses. Rand National Defense Research Inst Santa Monica CA, USA.

Moszoro, M. W., & Spiller, P. T. (2012). Third-party opportunism and the nature of public contracts (No. w18636). National Bureau of Economic Research, Cambridge, USA.

Snider, K. F., & Rendon, R. G. (2012). Public Procurement: Public Administration and Public Service Perspectives. Journal of Public Affairs Education, 327-348,National Association of Schools of Public Affairs and Administration (NASPAA);Naval, USA.