FAR Subpart 8.4 Flashcards
What is FAR Subpart 8.4 primarily about?
It governs the use of Federal Supply Schedules for acquiring goods and services.
What is a Federal Supply Schedule (FSS)?
A schedule that provides federal agencies access to commercial supplies and services at pre-negotiated prices.
What are the key benefits of using Federal Supply Schedules?
Streamlined procurement, reduced administrative costs, and established pricing.
What types of products and services can be acquired through FSS?
A wide range of commercial products and services, including IT, office supplies, and professional services.
What must agencies do before placing an order against a Federal Supply Schedule?
They must consider the schedules in accordance with their agency procurement policies.
What is the process for placing an order under FSS?
Agencies can place orders directly with the schedule contractor or use a request for quotes (RFQ) process.
Are there any thresholds for using the FSS?
Yes, orders above certain thresholds may require a more formal approach, such as obtaining quotes from multiple schedule holders.
What is the significance of “multiple award schedules” in FAR Subpart 8.4?
They allow for competition among multiple vendors for the same goods or services, enhancing value.
How do agencies determine fair and reasonable pricing when using FSS?
They assess pricing against the established price lists and can negotiate if necessary
What should agencies document when placing an order under the FSS?
They must maintain records that justify the procurement decision and show compliance with applicable policies.
What is the purpose of the GSA in relation to Federal Supply Schedules?
The General Services Administration (GSA) manages the Federal Supply Schedules program and negotiates contracts with vendors.
Can agencies use FSS contracts for both new acquisitions and existing requirements?
Yes, agencies can use FSS for both new acquisitions and to meet ongoing requirements.
What is the role of the ordering activity in the FSS process?
The ordering activity is the agency that identifies its needs and places orders against the FSS.
What is the maximum order limitation?
It refers to the dollar limit beyond which agencies must seek additional discounts or consider alternate sources.
Can agencies negotiate additional terms and conditions on FSS orders?
Yes, agencies can negotiate terms beyond those in the FSS if deemed necessary, particularly for large or complex orders.