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Contract consolidation is when a number of contracts for similar goods or services are combined to form one single, larger contract.
Defined “bundling” to mean “consolidating 2 or more procurement requirements for goods or services previously provided or performed under separate smaller contracts into a solicitation of offers for a single contract that is likely to be unsuitable for award to a small business concern” due to its size or scope.
Summary. Bundling refers to the consolidation of two or more requirements for goods or services previously provided or performed under separate smaller contracts into a solicitation for a single contract that is likely to be unsuitable for award to a small business because of its size or scope.
It states: The term consolidation of contract requirements, with respect to contract requirements of a Federal agency, means a use of a solicitation to obtain offers for a single contract or a multiple award contract to satisfy 2 or more requirements of the Federal agency for goods or services that have been provided ...
Bundled Contract Law and Legal Definition. 48 CFR 2.101 defines bundled contract as a contract where the requirements have been consolidated by bundling. Bundling means --
General Policy for Acquisition Planning must involve all personnel responsible for significant aspects of the acquisition. The purpose of this planning is to ensure that the Government meets its needs in the most effective, economical, and timely manner.
Bundling refers to a subset of consolidation. FAR 2.101 defines bundling as follows: (1) Means a subset of consolidation that combines two or more requirements for supplies or. services, previously provided or performed under separate smaller contracts (see paragraph (2) of.
7.107-3 Bundling. A bundled requirement is considered necessary and justified if the agency would obtain measurably substantial benefits as compared to meeting its agency's requirements through separate smaller contracts or orders. ... (ii) For the civilian agencies is the Deputy Secretary or equivalent.
A solicitation is any request to submit offers or quotations to the Government. Solicitations under sealed bid procedures are called “invitation for bids.”
An Acquisition Plan is a plan that documents all cost, schedule, technical, business, management, and other considerations that will govern an acquisition program and is derived from the Acquisition Strategy. It summarizes the acquisition planning discussions and identifies milestones in the acquisition process.
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