Does the procurement Integrity Act apply to other transactions?
OT agreements may be fixed-price, expenditure based, or hybrid. Most laws and regulations governing federal contracts do not apply to OTs (i.e., Federal Acquisition Regulation (FAR) and the Competition in Contracting Act (CICA)), however, the Procurement Integrity Act applies and competitive practices are applicable.
What does it mean to manage integrity through contracts?
Contracts are the foundation for business relationships and contracting with integrity gives that foundation the strength it needs to support the development of many mutually beneficial relationships. Contract management integrity begins with personal integrity by all people involved in the process.
Who can use other transaction authority?
OTA for prototype work is authorized by 10 U.S.C. 4003. This statute notes that OTA can only be used for such prototypes if one of the following conditions exists: At least one nontraditional defense contractor or nonprofit research institution is participating significantly in the project.
What is procurement sensitive information?
The following information is procurement sensitive and must be secured and may not be disclosed if it has not previously been made public: Proposal or bid information, is information that is submitted to a Federal agency in connection with a bid or proposal to enter into a Federal contract, including:
What are the 5 principles of procurement?
5 Procurement Principles UN Staff Members Should Know
- Best value for money.
- Fairness, integrity, and transparency.
- Effective international competition.
- The interest of the Contractor.
- Client centricity.
What are the 7 principles of procurement?
7. Principles of Procurement
- Competitive Supply.
- Value for Money.
What is the key role of the COR in acquisition planning?
The primary role of the COR is to monitor the contractor’s performance and serve as the technical liaison between the contractor and the contracting officer, who has authority and responsibility over all aspects of the contract.
What is Section 27 of the Office of Federal Procurement Policy Act?
Section 27 of the Office of Federal Procurement Policy Act ( 41 U.S.C. 423) is more commonly referred to as the Procurement Integrity Act (hereinafter referred to as the Act).
What is FAR Part 14 of the Procurement Integrity Act?
going Beyond the Procurement Integrity Act FAR Part 14 states that, before solicitation, information concerning proposed acquisitions shall be restricted to those having a legitimate interest within the Government.
What is the Office of Federal Procurement Policy?
The Office of Federal Procurement Policy (OFPP) in the Office of Management and Budget plays a central role in shaping the policies and practices federal agencies use to acquire the goods and services they need to carry out their responsibilities.
Does the Procurement Integrity Act apply to contractors?
The Procurement Integrity Act sets forth penalties for former employees and their new employers. This post-employment prohibition does not apply to divisions or affiliates of a contractor that do not produce the same or similar products or services as the entity of the contractor referred to above.