Performance Work Statement (PWS): A type of work statement that provides performance standards to establish the performance levels required by the Government (e.g., quality standards, quantity standards, and timeliness standards), and incentives to encourage better quality performance (which may be either positive or negative, monetary or non-monetary). A PWS normally includes a Quality Assurance Surveillance… Continue reading Performance Work Statement (PWS)
Tag: ProTech Services
Performance Standards
Performance Standards: Standards that establish the performance levels required by the Government. Examples of performance standards include: quality standards (condition, error rates, accuracy, form/function, reliability, maintainability), quantity standards (capacity, output, volume, amount), and timeliness standards (response times, delivery, completion times, milestones).
Performance Based Service Acquisition (PBSA)
Performance Based Service Acquisition (PBSA): The preferred method of contracting for services and supplies. PBSA is contracting for results, not just best efforts, and involves structuring all aspects of an acquisition around the purpose of the work to be performed. Essential elements of PBSA’s include: performance requirements, expressed in either a Performance Work Statement or… Continue reading Performance Based Service Acquisition (PBSA)
Original Equipment Manufacturer (OEM)
Original Equipment Manufacturer (OEM): A producer/manufacturer that provides a product to its customers, who then proceed to modify or bundle the product before distributing it to their customers.
Indefinite Delivery Indefinite Quantity (IDIQ) Contract
Indefinite Delivery Indefinite Quantity (IDIQ) Contract: A contract for supplies/services that does not require or specify a fi– quantity of supplies/services (other than a minimum or maximum quantity) and/or is used when the exact times of future deliveries are not known at the time of contract award. IDIQ contracts are also known as delivery order… Continue reading Indefinite Delivery Indefinite Quantity (IDIQ) Contract
Independent Government Cost Estimate (IGCE)
Independent Government Cost Estimate (IGCE): Assists the Task Order Contracting Officer in determining the reasonableness of a contractor’s cost and technical proposals. The IGCE is prepared by the requisitioner and submitted as part of the procurement request. It is for GOVERNMENT USE ONLY and should not be made available to the ProTech contractors. Requisitioners may… Continue reading Independent Government Cost Estimate (IGCE)
Incentives
Incentives: Used to encourage better contractor quality performance. They may be either positive, negative, or a combination of both. Incentives may also be monetary or non-monetary. Incentives do not need to be present in every performance-based contract as an additional fee structure. In a fi Us price contract, the incentives would be embodied in the… Continue reading Incentives
Hubzone (Historically Underutilized Business Zone) Small Business Concern
Hubzone (Historically Underutilized Business Zone) Small Business Concern: A small business concern that appears on the “List of Qualified HUBZone Small Business Concerns” maintained by the Small Business Administration.
Firm Fixed-Price Contract
Firm Fixed-Price Contract: A contract suitable for acquiring commercial items or for acquiring supplies or services on the basis of reasonable definite functional or detailed specifications, when the Contracting Officer can establish fair and reasonable prices at the outset.
Federal Acquisition Streamlining Act (FASA)
Federal Acquisition Streamlining Act (FASA): Public Law 103- 355 was enacted in October 1994, and was designed to simplify and streamline the federal procurement process. FASA raised the small purchase threshold from $25,000 to $100,000 and designated this as the simplified acquisition threshold.