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Get the free OMB Memorandum M-17-29, Best-in-Class Mandatory Solution

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Department of Energy Washington, DC 20586 August 22, 2017FROM:JOHN I. BASH SENIOR PROCURE “tr,11 '1: OFFICE OF ACQUISITION MANAGEMENTJOSEPH F. WADDELL.p;.SENIOR PROCUREMENT EXECUTIVE DEPUTY ASSOCIATE
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01
Start by reviewing the requirements and guidelines outlined in OMB Memorandum M-17-29.
02
Identify the specific procurement category or area that you are interested in implementing the best-in-class practices for.
03
Familiarize yourself with the designated best-in-class contracts and vendors for that procurement category.
04
Determine if your agency meets the eligibility criteria to use the best-in-class contracts. This may involve assessing your agency's spending patterns and procurement needs.
05
If eligible, develop a plan for transitioning to the best-in-class contracts. This may include conducting market research, soliciting input from stakeholders, and establishing implementation timelines.
06
Follow the specific steps and procedures outlined in the memo to ensure compliance and maximize the benefits of using best-in-class contracts.
07
Monitor and evaluate the effectiveness of the best-in-class contracts implementation, making necessary adjustments and improvements as needed.

Who needs omb memorandum m-17-29 best-in-class?

01
OMB Memorandum M-17-29 best-in-class is applicable to federal agencies in the United States.
02
It is relevant for agencies that are involved in procurement and seek to improve their acquisition practices.
03
Specific procurement officials, contracting officers, and program managers within federal agencies will benefit from understanding and implementing the guidance provided in the memorandum.
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The OMB Memorandum M-17-29 best-in-class is a designation for government-wide acquisition vehicles that have been vetted and proven to be efficient and cost-effective.
Federal agencies are required to use best-in-class contracts designated under OMB Memorandum M-17-29.
To utilize best-in-class contracts, federal agencies must follow the guidelines set forth in OMB Memorandum M-17-29 and adhere to the designated procedures.
The purpose of OMB Memorandum M-17-29 best-in-class is to streamline the acquisition process for federal agencies by promoting the use of pre-vetted, cost-effective contracts.
Federal agencies must report on their utilization of best-in-class contracts and the cost savings achieved through these contracts.
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