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Showing results for tags 'Sources Sought'.
Our office has a difference of opinion regarding the Sources Sought Notice/Synopsis that I am hoping this board can resolve. We understand that a Sources Sought notice also known as a Sources Sought Synopsis is used to gather information on potential offerors when a government intends to issue an award. The purpose of the Sources Sought notice is to increase competition and small business participation. The advanced notice, when posted on the GPE of a pending contract action, qualifies as a synopsis. Having said that, I have seen multiple FBO posting that call out a "Sources Sought / Presolicitation Notice" or "Combined Sources Sought / Solicitation Notice". I have also seen the Sources Sought referred to merely as a market research tool. As such, is a Sources Sought Notice/Synopsis also considered a Presolicitation Notice which would satisfy the posting requirements under FAR 5.204?