1519-Solicitation Preparation and Development

Question 1

What are the Required Commercial Format Provisions for the Acquisition of Commercial Items?

Answer 1

52. 212-1, Instructions to Offerors-Commercial Items, by reference (see SF 1449, Block 27a)
53. 212-3, Offeror Representations and Certifications-Commercial Items

Question 2

What are the Required FAR Clauses for the Acquisition of Commercial Items?

Answer 2

Clause at 52.212-4, Contract Terms and Conditions – Commercial Items

Clause at 52.212-5, Contract Terms and Conditions Required to Implement Statutes
Executive Orders – Commercial Items

Question 3

Why do we Provide Financing?

Answer 3

Contract financing may general the following benefits:

High dollar production
Expedited performance
Broadening of the production base
Increased competition
Aid to small businesses
Fosters liberal lending by private lending institutions
Meets contractors need/minimizes Govt risk

Question 4

What is the least preferred method of financing?

Answer 4

Advanced Payment

not to exceed 15%

Question 5

How many provisions and clauses are required for commercial item contracts?

Answer 5

2 provisions and 2 clauses