Posted February 15, 20214 yr comment_56768 We are the prime, and the government RFP requires the planned percentage of total proposed contract value awarded 28% to small business. Is contract value the proposed cost? or is contract value the proposed price?
February 15, 20214 yr comment_56769 The total contract amount including cost and profit or fee. If there were options, I would not include that amount until after it was exercised. That is my take. What is yours and why?
February 15, 20214 yr comment_56770 here is a definition in FAR 219-9 total contract dollars means the final anticipated dollar value, including the dollar value of all options.
February 15, 20214 yr Author comment_56771 I thought as much, we do have to include option pricing but I agree option pricing should not go towards the small biz goals
February 15, 20214 yr comment_56774 A GSA template includes the following language: o For an Individual subcontracting plan,list the total dollars (small and large/OTSB) estimated for subcontracting under the specific contract, including all option periods broken out separately for each period plus a summary of all periods for the total contract term; There are several Subcontracting Plan experts on this site. Lets just wait until they weight in. The template and the FAR clause use "total dollars" and the RFP uses "contract value." Not sure there is a real difference in practice. Also the option area seems like it may be complicated and depend on whether the prime contract has options or whether your company is contemplating options but they are to execute the base prime contract SOW and there are no prime contract options.
