What is the source selection plan?

What is the source selection plan?

The Source Selection Plan (SSP) is a key document that specifies how the source selection activities will be organized, initiated, and conducted. It serves as the guide for conducting the evaluation and analysis of proposals, and the selection of source(s) for the acquisition.

What is source selection in procurement?

Source Selection generally refers to the process of evaluating a competitive bid or proposal to enter into a Government procurement contract.

What are factors of source selection?

4 Major Factors to Consider While Selecting the Source Selection or Vendor Selection

• Total economic analysis.
• Operating characteristics of the equipment.
• Qualitative consideration.
• Engineering features of the equipment.

What are the responsibilities of the source selection authority?

The Source Selection Authority (SSA) serves a role of vital importance to the procurement process. It is the SSA who is ultimately responsible for selecting the source whose proposal represents the “best value” to the Government.

What is an example of source selection criteria?

Source selection criteria can include information on the supplier’s required capabilities, capacity, delivery dates, product cost, life-cycle cost, technical expertise and the approach to the contract in a project management.

What is a source selection team?

The Source Selection process may be formal or informal. Formal source selection is used for high-dollar value or complex acquisitions where someone other than the procuring contracting officer is the source selection authority (SSA).

Who must approve the SSP?

The SSA
An SSP is required for all best–value, negotiated, competitive acquisitions under FAR Part 15. The SSA shall approve the SSP before the final solicitation is issued.

In what process group does source selection happen?

Source selection happens during the Execution process group.

What is lowest price technically acceptable?

(a) The lowest price technically acceptable source selection process is appropriate when best value is expected to result from selection of the technically acceptable proposal with the lowest evaluated price.

What are the 5 project processes?

The project life cycle includes the steps required for project managers to successfully manage a project from start to finish. There are 5 phases to the project life cycle (also called the 5 process groups)—initiating, planning, executing, monitoring/controlling, and closing.

What value source selection is best?

Best value source selection refers to the practice of awarding a contract based on the value of the services that the Federal government will receive from the awarded contractor. This may, at first glance, seem similar to the common procedure of awarding contracts to the lowest responsive bidder.

What is best value in government contracting?

Best value (BV) procurement is an alternative to the traditional design-bid-build method of public works contracting. It permits UC to consider the additional value a contractor may offer in concert with their bid price, thus determining the bid which delivers the best value.