Learn More About Government Contracts and Awards
Conducting business with any government agency can be both profitable and promising. Unlike private business contracts, contracting with the federal government has many rules and regulations that must be followed. Small business owners branching into government contracting should make sure they know what is required of them as well as how the process works before submitting a bid. Attorneys at the Whay Law Firm have been helping businesses in Oklahoma understand and secure profitable government contracts for two decades.
What Is Competitive Negotiation?
Part 15 of the Federal Acquisition Regulation (FAR) describes contracting by negotiation. According to the FAR competitive negation is completed in 15 steps. First and foremost, the agency seeking a contractor issues a time-sensitive request for proposals from all interested and qualified competitors. Once the agency has published its requests proposals will begin to arrive. When the deadline for proposals has passed the agency will appoint reviewers to sift through the proposals in an attempt to narrow down the options. A decision maker is appointed, after all competitors have been reviewed, the decision maker will solicit all competitors and allow them to “bid” knowing the factors involved. For example, all competing businesses will be made aware of the other’s proposal and what is contained within allowing them all the opportunity to meet, beat, or leave negotiations.
Competitive negotiations can be a lengthy and confusing process.
Wisconsin Government Lawyers
If you’re granted the opportunity to contract with the government make sure your business is ready, capable, and willing to bid, negotiate, and possibly win a government contracting job. Hire a federal government contract attorney to help! A federal government attorney knows how to protect you, your rights and your business. Let the federal government attorneys at the Whay Law firm answer all your questions and help you understand what you’re committing to. Don’t make a costly long-term commitment. Call to speak with our contract attorneys today! (202) 448-9677
