article thumbnail

New And Restarting Contractors

Contractor Bookkeeping

They seek out "Clients" who respect them and pay a fair price for their services, not "customers" who want to chisel, negotiate and try to get something for nothing. And they seek to acquire more of them and will do whatever is economically feasible to turn those customers into lifetime repeat business. We can help you!

article thumbnail

FEDERAL JOB ORDER CONTRACTING – An Outline

Building Information Management

Feasibility Analysis. Appropriateness and Feasibility Report. Negotiations and Source Selection. Negotiation of Task Order. Memorandum of Negotiations. The coefficient represents the contractor’s overhead costs and profit. NPP work is negotiated separately from tasks included in the UPB.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What are Simplified Acquisition of Base Engineer Requirements (SABER)

Building Information Management

Offerors propose coefficients for costs such as overhead, profit, minimum design costs, G&A expenses, bond premiums, and gross receipt taxes. This approach recognizes that a contractor’s overhead decreases as workload increases. Determining the feasibility of using other DoD contracts. TO negotiation. Coefficients.

article thumbnail

Job Order Contracting – Best Practices Implementation

Building Information Management

Competitive quotations shall be secured wherever feasible, and in all instances, when requested by the Owner. Labor costs will be reimbursed to the Contractor at the unit price rate multiplied by the Contractor negotiated coefficient(s). The Contractor may be reimbursed for Subcontractor at cost plus the negotiated coefficient.

article thumbnail

Best Practices for Multiple Award IDIQ – Task and Delivery Order Contracting

Building Information Management

The contractor’s coefficient is based on cost elements such as overhead, profit, minimum design costs, G&A expenses, bond premiums, and gross receipt taxes. Interagency usage can serve to reduce the overhead associated with multiple acquisitions. These contracts have much of their pricing determined by pre-award competition.