Search the Community
Showing results for tags 'discount'.
FAR 8.405-4 says we may request a price reduction at any time before placing an order. I'm wondering about the opinion of WIFCON readers on requesting a price reduction to a specific price. For example, imagine I receive three quotes at $101,000, $100,000, and $99,000, all three with a perfect and identical level of effort and skill mix and all three at reasonable prices, in comparison to my government estimate and available budget of $98,000. I already know I may ask all quoters for non-specific price reductions and cross my fingers and hope that at least one comes back at $98,000 or l
I work for a wholesale company that is considering applying for a GSA contract. The most favored customer clause in the schedule is a major concern for us because we have recently (last 6 months) begun selling products to a very small group of local customers at a significantly higher (30% higher) discount than our standard in an effort to help stimulate our local economy and specifically local small businesses. The sales to these customers represent less than 10% of our sales. Because we have now sold products at the steeper discount, does that mean that we must give at least the same disc