Government Contracting

The government’s acquisition or procurement procedure begins with an agency identifying the services or goods it requires, deciding the most appropriate approach for acquiring those items and conducting the actual acquisition. The decision on whether an agency puts out a contract for bidding or not is determined by a variety of factors, decisions and actions. First, the agency’s contracting officer must determine whether the best method for procurement is a contract. In the event that they decide on a contract method, the decision to put the contract out for bidding depends entirely on the amount of the contract.

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Successful products are then published in a qualified products list (QPL) while potential bidders or manufacturers are included in the Qualified bidders list (QBL) and Qualified manufacturers list (QML), respectively.

References
Halchin, L. (2012). Overview of the Federal Procurement Process and Resources . Washington, DC: Congressional Research Service .

SAPDC. (2015, July 14). Government Contracting Terms & Definitions. Retrieved from www.sapdc.org: http://www.sapdc.org/business/government-contracting-terms-definitions

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