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FAC 90?32 OCTOBER 1, 1995, PART 15 CONTRACTING BY NEGOTIATION 15,000 Scope of part. This part prescribes policies and procedures governing contracting for supplies and services by negotiation. SUBPART
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What is contracting by negotiation?
Contracting by negotiation is a procurement method in which the terms and conditions of a contract are negotiated directly between the buyer and seller, without the use of competitive bidding.
Who is required to file contracting by negotiation?
Contracting by negotiation may be required for certain types of government contracts where competitive bidding is not feasible or when it is determined to be in the best interest of the government.
How to fill out contracting by negotiation?
To fill out contracting by negotiation, the buyer and seller must engage in direct negotiations to determine the terms and conditions of the contract. This includes discussing pricing, deliverables, and any other relevant contractual provisions.
What is the purpose of contracting by negotiation?
The purpose of contracting by negotiation is to allow for flexibility and customization in contract terms, particularly in situations where competitive bidding may not be practical or when unique requirements need to be addressed.
What information must be reported on contracting by negotiation?
The information reported on contracting by negotiation includes details of the negotiation process, such as the parties involved, negotiation timeline, and any specific terms and conditions agreed upon.
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