US Federal Government Reverse Auction Training
Our training module will assist you in becoming a Prime Contractor within a 2-6 month timeframe.
If you do not have past performance required for US FED Government contracts, we can assist you in procuring contracts/awards as a Prime contractor with Reverse Auction training.
The US Federal Government has launched a new website for reverse auctions. The Department of State, Department of Defense, and other agencies have started using this authorized Federal Government website to procure products and services.
Reverse auctions are structured competitive bidding events where two or more suppliers place bids to supply goods or services that drive the price lower throughout the event. Many variations and business rules can be set for reverse auctions, and some overlap with other sourcing tools like RFPs, RFIs, and RFQs.
There are many compelling reasons for governments to adopt reverse auctions. As the Internet has grown, reverse auctions have evolved as an efficient and structured way to conduct online negotiations with suppliers. Reverse auctions have entirely revolutionized the way that many government buyers conduct business. Reverse auctions offer governments significant cost savings benefits, resulting in lower cycle times, increasing compliance, enhancing transparency, increasing collaboration, boosting supplier participation, and providing participant feedback.
Federal Acquisition Regulations (FAR) no longer contain any ambiguities about whether or not reverse auctions are prohibited for federal government agencies. Instead, the Federal government is actively working to implement advanced purchasing techniques like reverse auctions, which have been used effectively in the private sector for years.
Dynamic has procured multiple contracts from Reverse Auction as a Prime.
Our training module comprises of:
Drafting technical proposal for the response to the RFQ
Bid / No Bid Analysis
Cost Analysis
Compliance
Transparency
Supplier / Vendor Coordination
Post-award compliance and
Payment policies and procedures
Deliverables:
The company / small business must be active on sam.gov to proceed further.
Assist the company/ small business for 3 or 6 months for 3 or 5 different products or services related to the US FED Government Reverse Auction.
Assist companies / small businesses in becoming Prime Contractors with the US Fed Government.
Train company / small business employees or executives (1-3) concerning US FED Government Reverse Auction protocols on the new Fed Govt website.
Assisting the company / small business indirectly by becoming a Prime contractor with the US FED Government.
Draft technical proposal template for the new Fed Govt website for Reverse Auction.
We are identifying issues for compliance with the US Fed government's decision to become the prime contractor.
Draft documents.
Coordinate efforts with the company’s / small business representative to file appropriate NAICS and PSC Codes with the US Federal Government.
Payment processing.