3 Key Phases of the Federal Acquisition Cycle

Question 1

Phase 1

Answer 1

=planning and forecasting

-begins with the government identifying the initial technical need/requirement and funding needed

Question 2

Phase 1 Includes:

Answer 2

• defining requirements - market research (RFIs)/Sources Sought Notices (SSNs) and Identifying funding
• determining acquisition strategy - continued market research and refinement of requirements
• developing an acquisition plan - address issues that may influence the RFP, Identify risks, Overview of source selection evaluation strategy
• a commitment to action - set socio-economic goals, consider Teaming Structure, Look at shared risk/rewards, Obtain Funding Approval
• Develop RFP (Request for Proposal) and SSP (Source Selection Process)