TArticles tagged with: Brenda Crist

How MACs can increase your bottom line

Part 1 of 4 in Lohfeld’s MAC series

What are Multiple-Award Contracts (MAC) and why should they matter to you? Simply put, a MAC is a basic contract awarded to multiple contractors against which they compete for task order awards. MACs are also referred to as Indefinite Delivery/Indefinite Quantity (IDIQ) and Government Wide Acquisition Contracts (GWAC). Federal Acquisition Regulations (FAR) govern how government agencies use MACs to procure goods and services. MACs should matter to every government contractor for five reasons. MAC spending represented nearly 25% of all U.S. Government spending in fiscal 2017. During the fourth quarter, which starts July 1, most of that spending occurs through MACs. Government agencies depend on MACs to support their workload due to compressed timelines and limited acquisition resources—especially in the fourth quarter. Many MACs are designated as Best in Class (BICs) contracts, and agencies such as the Department of Defense (DOD) are using BICs as their preferred method to acquire … Continue reading How MACs can increase your bottom line

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The Impact of Mergers and Acquisitions on Proposal Professionals

Get the facts and make an informed decision

Every year mergers and acquisitions impact the positions of many proposal industry members. For example, this year, General Dynamics acquired CSRA, a $4.3B company. Like many proposal professionals, I have gone through several acquisitions and mergers. In one five-year period, I worked for three companies that were acquired by larger companies. If you find your company is being acquired or merging with another company, here are five tips to consider: Get the facts Learn why your firm was merged or acquired. Learn who is in authority and their roles and responsibilities. Identify the objectives of the new company and determine if there is a timetable for organizational and policy changes. Determine if they plan to consolidate operations or move the business to a new location. You may not get all the facts at once; new leadership frequently takes a few weeks or months to implement their changes. Determine how your … Continue reading The Impact of Mergers and Acquisitions on Proposal Professionals

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Bids with No Capture

Why do companies bid work without any capture effort?

I confess. I have bid work without any previous capture effort and no first-hand knowledge of the customer’s requirements. I understand that I just violated every proposal industry best practice and I may have to return my Association of Proposal Management Professionals (APMP) certification. It is clear, bidding without any knowledge of the customer requirements greatly diminishes the chance of winning and increases transition and operational risks. So why do companies bid work without any capture effort when on paper it makes no sense? The root cause stems from how a company manages its pipeline. A company with mature pipeline practices allocates sufficient time and resources for all its capture and proposal efforts. A company with an immature pipeline has gaps between bids, has not effectively allocated capture and proposal resources, and has failed to engage with the customer. So, is it ever OK to submit a proposal on a … Continue reading Bids with No Capture

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Get Ready for the Q3 and Q4 SUPER Task Orders

Contract holders can expect a roaring third and fourth quarter 2018

Indefinite Delivery/Indefinite Quantity (IDIQ) or Government-Wide Acquisition Contract (GWAC) contract holders can expect a roaring third and fourth quarter 2018, since many bids expected in the Q1 and Q2 were stalled in procurement. Exhibit 1 lists our pick of the Top IT Task Orders, Exhibit 2 lists our picks of Top Professional Services Task Orders for Q3 and Q4. We define a Super Business Task Order as an individual task order awarded under the umbrella of an IDIQ or GWAC. We required that the IDIQ or GWAC have a selected pool of contractors, who compete on requests for task order proposals. We ensured all task orders had a distinct primary contract vehicle number and task order contract number, and that all task orders were unrestricted or set aside for small business. To find the Super Task Orders, we looked for task orders with an ultimate expiration date of no later … Continue reading Get Ready for the Q3 and Q4 SUPER Task Orders

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