How did the Government consider various management systems when evaluating the offerors?
As part of the performance risk assessment of the Past Performance evaluation, the Government considered the status of the offerors management systems, as well as those of their proposed subcontractors, for Estimating, Billing, Purchasing, and Property. In addition, the Government also considered the status of the offerors overall accounting system, including the accounting sub-systems. Per FAR 16.301-3, the Government cannot award a cost reimbursement contract if the contractors accounting system is not adequate for determining costs applicable to the contract. Under the Federal Acquisition Regulation, contractors are entitled to institute corrective actions to improve internal controls within management systems. Such actions are coordinated with the Defense Contract Audit Agency and approved by the Defense Contract Management Agency.
Related Questions
- Various manufacturers, distributors or system 3PLs have made investments in Transportation Management Systems (TMS). What will happen to these systems?
- Why do Victorian government departments have environmental management systems?
- What are the various components of the DSM (Distributed Systems Management)?