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What are some of the advantages of sealed bidding

Assignment Help Operation Management
Reference no: EM131218030

Theme: Forms of Solicitations

Read:

The Federal Acquisition Regulation (FAR)https://farsite.hill.af.mil/vffara.htm
Part 14 Sealed Bidding
Part 15 Contracting By Negotiation
Part 16 Types of Contracts

Competition Guidelineshttps://learn.umuc.edu/content/enforced/115100-M_001016-01-2158/Competition%20Guidelines_Aug%202014%20(1).pdf?_&d2lSessionVal=Be5RxR4YV5LNOqg6Z6v1iS3N9&ou=115100

Sealed Bidding Process [Note that the DAU site doesn't have a security cert so you have to "accept risk" (or use "Advanced" feature) to go to the site.]https://www.acquisition.gov/far/html/Subpart%206_4.html

Complete:

Participate in week 5 learning activities - Initial response due by Thursday, two classmates follow up response due by Sunday.

Learning Activity #1

With the advent of the FAR in the mid-1980s Sealed Bidding, once the preferred Federal Acquisition method, has fallen out of favor and is seldom used. But it remains part of the FAR and is allowable. What are some of the advantages of Sealed Bidding over other acquisition methods?

Learning Activity #2

Select and list two different contract types as discussed in FAR 16. For each of the types you select address at least 2 Pros and 2 Cons.

Reference no: EM131218030

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