What is a 6 f property?

Section 6(f) of this Act provides matching funds to states or municipalities for planning, improvements, or acquisition of outdoor recreational lands. Any property that was planned, purchased, or improved with LWCF money is considered a 6(f) property.

What are the two methods of obtaining full and open competition?

Acquisition Methods The ASPA, FPASA, and CICA established two basic methods of obtaining “full and open competition” — (a) sealed bidding and (b) competitive negotiation. Sealed bidding is characterized by a rigid adherence to formal procedures.

What is a follow on contract far?

What’s a follow-on contract? FAR 6.302-1(a)(2)(ii) characterizes a follow-on contract as a “contract for the continued development or production of a major system or highly specialized equipment.”

How does the Far define competition?

The Federal Acquisition Regulation classifies competition in three categories. Full-and-open competition, in which any company can submit a bid. Full-and-open competition after the exclusion of sources, in which an agency limits competition to a particular type of bidder, such as small businesses.

What is the fair standards and competition Act?

What Is the Competition In Contracting Act? Competition In Contracting Act is a policy established by Congress in 1984 to encourage competition for government contracts. The idea behind the policy is that the increased competition will result in improved savings to the government through more competitive pricing.

What is the statutory requirement that ensures full and open competition for government acquisitions?

The Competition in Contracting Act (CICA) of 1984 requires that all acquisitions be made using full and open competition. Seven exceptions to using full and open competition are specifically identified in Federal Acquisition Regulation (FAR) Subpart 6.3.

What is a follow on requirement?

‘“Follow-on contract” means a new, noncompetitive procurement placed with an incumbent contractor, either by a separate new contract or by a supplemental agreement, to continue or augment a specific military program, where such placement was necessitated by prior procurement decisions.

What is considered a qualifying characteristic of a small business concern?

A small business concern (SBC) must: be independently owned and operated; not be dominant in its field of operation; and. not exceed the relevant small business size standard for the particular procurement action.