How do I write specifications for a solicitation? Specifications are used for the following purposes: To describe what departments need to purchase. For suppliers to respond to bids...
How do you know if a contract/grant has been approved/awarded? A Notice of Grant Award (NGA, NOA or NOGA) is an award notification from a sponsor. Typically, it contains information...
How long does it take to process a requisition that is going out on bid? Normal processing time for non-competitive solicitations is three to four weeks. Please remember that the MarketPlace is the gold standard and...
What are the different types of bids? The three types of bids used for procuring goods and services from suppliers through competitive solicitations are: Request for Quote...
What is a Request for Proposal? A Request For Proposal (RFP) is a formal, written solicitation document used for seeking competition and obtaining offers for more...
What is a Request for Quote? A Request for Quote (RFQ) is used for approved Waiver of Competitive Bidding Requests. RFQs are used to confirm: Pricing...
What is a Sole Source Justification? Any contract entered into without a competitive process, based on a justification that only one known source exists or that...