Week 2 Studying Exercise 1 Acquisition Planning:Learn the definition of acquisition planning in FAR 2.101, then learn FAR 7.102 and focus on in your individual phrases the federal government’s coverage on acquisition planning.In keeping with FAR 7.105(b)(2) summarize what’s required to be addressed in written acquisition plans and when are they required?Learn FAR 7.103 and determine who’s accountable for company planning.Week 2 Studying Exercise 2:Contracting professionals working within the federal authorities are inspired to advertise early exchanges of details about upcoming acquisitions. This trade of knowledge permit business to grasp authorities necessities and helps the federal government to grasp business’s capabilities so we will perceive if and the way business can fulfill authorities necessities.These exchanges ought to all the time be per procurement integrity. (FAR three.104)These exchanges are outlined in FAR 15.201.Learn FAR 15.201 and focus on how you could possibly use these exchanges for each the federal government and contractor to grasp the requirement.Week 2 Studying Exercise three Publicizing Contract Actions:Learn FAR 5.001 so you possibly can perceive the definition of a ‘contract motion’.Preserve studying…FAR 5.002 and share with the category your interpretation of the federal government’s coverage for publicizing contract actions.Return to FAR 2.101 (definitions) and focus on what we imply by Governmentwide Level of Entry (GPE). That is vital to grasp. Check out: https://www.fbo.gov (FEDBIZOPS.gov)Learn FAR 5.101 and share how contracting officers should disseminate info. The FAR has so much to say about this.Now have a look at FAR 5.201and focus on which acquisition contracting officers must transmit a discover within the GPE.The aim of publicizing contract actions is to extend competitors, broaden business participations, and meet socioeconomic insurance policies.When proposed contract actions are anticipated to exceed $15,000 however not $25,000, you must announce for no less than 10 days.Proposed contracts which might be anticipated to exceed $25,000 have to be publicized via the Authorities Level of Entry (GPE) until there’s an exception. (FAR 5.207)Additionally,have a look at the exceptions to publicizing in FAR 5.202 and focus on the exceptios for business gadgets. (FAR 5.203 and FAR 12.603)Suppose you’re shopping for $19,000 value of business instruments, what’s your requirement to publicize?Trace: FAR 5.101(a)(2)Weekly Exercise four Competitors Necessities:Full and open competitors is a requirement of the Competitors in Contracting Act (CICA) of 1984, which is carried out in FAR Half 6. CICA is the legislation.One of many major targets of acquisition planning is to advertise and supply for “full and open competitors” with due regard to the character of the provides or providers to be acquired.Have a look at FAR 2.101 and outline Full and Open Competitors.When the federal government’s want can’t be met by a required supply, the company could buy from the open market. These acquisition normally require the company to hunt competitors.Competitors is essentially the most basic aim of acquisition planning as a result of it’s believed that getting competitors is the most effective methodology of creating certain the federal government receives provides and providers at a good and cheap worth. (FAR 6.101(a)There are seven conditions the place use of aside from full and open competitors is allowed. Discover them in FAR Half 6 and focus on the coverage on contracting with out offering for full and open competitors.Bear in mind, the federal government is alway ‘honest and cheap’ however honest doesn’t all the time imply equal (small enterprise).Full and Open Competitors means all accountable sources are permited to compete.Talk about the Competitors in Contracting Act, what we imply by ‘accountable’, and the way do we all know if the contractor is ‘accountable’.Studying Exercise 5 Required Sources of Provides and Companies (FAR Half eight):One of the crucial vital duties in acquisition planning course of is the willpower of the sources which might be obtainable to satisfy the wants of the federal government.For some services and products there are necessary sources.Flick through FAR Half eight and focus on necessary sources. Does the requirement for provides differ from the requirement for providers?Trace: FAR eight.002(a)(1) and FAR eight.002(a)(2).