Vern Edwards

Emphasis added. See: Madhu, et al., "Work Curiosity As An Indicator of Employee Innovation", Journal of Emerging Technologies and Innovative Research (2018) https://www.jetir.org/papers/JETIR1810A45.pdf Quote: "Success starts in the mind."

Here is what the GSA Vendor Support Center website, https://vsc.gsa.gov/drupal/node/162, says about Industrial Operations Analysts: Emphasis added. What your IOA told you may be right or wrong, but it does not appear that IOAs are authorized to formally interpret contract terms. Check with the GSA contracting officer and make a record of your question and the COs answer. If possible (probably not) ask for the answer in writing. I know that sounds very formal, but it is the only way to eliminate risk.

Price seems simple, but it is a very complex idea. It's use in contracts is probably suitable only in the acquisition of commercial products, non-commercial commodity "items of supplyy, and commodified commercial and noncommercial services. It's use in contracts for construction and complex/relational work such as long-term support services and full-scale engineering development is terribly misleading, especially for members of Congress and new 1102s and technical personnel. Its use in acquisition legislation and FAR Subpart 15.4 has created a swamp of accumulated half-baked communication and policy. To get an idea of the complexity of price read "The Definition of Price" by Frank A. Fetter, The American Economic Review, December 1912, and "What Is a Price" by Irena Asmundson in Back. To Basics, published on line by International Monetary Fund, Finance & Development, December 2013. Those are only two of many such articles I have found online, downloaded, and read. Note the dates of the two articles. Sometimes we use words freely that we don't really understand, thus deceiving ourselves, and thus hamstringing our policies and instructions. And then there is cost. But we can talk about that idea another time.

It applies to both threads, whether the subject is value or approach or any other word in the FAR. What does price mean? And I'm not referring to the FAR definition.

Neither do contracts. I cannot think of any guarantee of success in a complex endeavor.

What I find most striking and saddening is that it seems clear that most workforce professionals don't think things through for themselves. They don't ask themselves questions about what the words in the regulations mean. Take the word price. Look at how it's defined in the current FAR Part 15. Look at how it is defined in the overhauled Part 15. Now ask yourself: What is a price? What do you know about the meaning(s) of the word? Ask yourself whether the word price is suitable for the dollar figure that is written in government contracts. In order for the acquisition process to be improved, the workforce must first improve itself. We need inquiring minds.

This may well be the goofiest discussion of contracting I have ever read. 😂

In other words: process, procedure, method, technique. I think the answer to your question depends on what we're buying. If we're buying a product (an item of supply), they might have a well-developed standard manufacturing process, which means we can know. I think we can know in the case of standard services.

I presume you mean how well they will perform. Since you used the word "know," I have no choice but to agree.

A penny or a peppercorn would be value under FAR Part 15? Consideration is an ancient legal concept that has little if anything to do with value as that term is used in FAR..

Of course they do. Most don't think things through. In the month after my article, The Nash & Cibinic Report included a postscript that reported the following responses:

The term "technical proposal" is empty of meaning until we know what is "technical" and what "proposal" means. You asked for a show of hands about a concept that was needed to be clarified and fleshed out.

I wrote the attached in 1994 as a guest article for The Nash & Cibinic Report. STREAMLINING SOURCE SELECTION BY IMPROVING THE QUALITY OF EVALUATION FACTORS.pdf The commentary that follows was written by Professor Nash.

Start by saying what you mean by "approach" and "understanding". What are those things?

That's the question. If you were assigned to overhaul FAR Part 15 and were told to write a definition of value (not "best value", just value), what would you write? What is value?

This is off topic. The topic is your definition of value.

How would you define value in FAR Part 15, as in "best value"?

An offer (a promise or set of promises) and information (e.g., about the offeror and the composition of its price). The go together in a package called a proposal.

I presume so. I really don't understand the requirement. Have they issued a draft SOW?

That "requirement" is too vague. What do you want the contractor to do? What does "supporting" mean? An "evaluation factor" is an attribute (feature, quality, or characteristic) of the thing being evaluated (a company, a product, a service, or an idea) that contributes "value", i.e., usefulness in the pursuit and achievement of the government's acquisition objectives. In order to chose one or more "factors" (that is, attributes) you must determine what is needed to pursue and achieve the government's objectives. So what do you need from a contractor? You must evaluate (a) the prospective contractors and (b) what they promise to do or deliver.

There are many things that could be done in order to prepare for the return, when it comes. But everyone is so discouraged and unhappy. What is happening now is truly terrible, and no end in view. But it will end. Hang in there. Endure.

Back in 1996 I wrote an article entitled, The New Rules for Multiple Award Task Order Contracting, in which I said: I had no idea. The Iron Law of Bureaucracy: Any rule designed to reduce bureaucracy will ultimately increase bureaucracy.

Yes. Probably next week or the week after. We're taking a long look at the overhauled Part 15.

I am fascinated by the amount of discussion about this topic! My initial reaction was that the topic is mundane. It tells me something about our acquisition processes, but I'm not sure what.

I think the current draft of Part 15 is badly organized and badly written. Frankly, I'm shocked by what they have produced. And it reflects many missed opportunities. If I had to choose one, I would choose the failure to adequately address the concepts and rules about discussions (now called "negotiations") in competitive procurements. No. I know they are reviewing their draft and want comments. (You should send some.) The version that will be published in the Federal Register will likely reflect their review and some of the comments they receive. But at this point, and given their deadline, I doubt we will see major changes. Keep in mind that they were charged with deleting stuff from the FAR, making it shorter, not making it better written and easier to understand. They were not given an easy task. I have believed from the start that FAR Part 15 would be the ultimate test of their success. But, let's be hopeful. There is still time. Not much, but some.