Stewardship Contract Training BEST VALUE Stewardship Contract Training Requirement Definition Key Personnel Source Selection Process Stewardship Contract Training REQUIREMENT – Federal Acquisition Regulations Part 15.3 Stewardship Contract Training DEFINITION – Best Value means the expected outcome of an acquisition that, in the Government’s estimation, provides the greatest overall benefit in response to the requirement (FAR Part 2.1). Stewardship Contract Training KEY PERSONNEL – Source Selection Authority (SSA) – Contracting Officer – Technical Evaluation Board Chairman – Technical Evaluation Board / Team – Others as needed B&F SO FSO Legal Stewardship Contract Training SOURCE SELECTION PROCESS – Identify key personnel – Develop Evaluation Factors / Criteria – Assemble Source Selection Plan Plan reviewed and approved by SSA – Advertise / Issue Proposal – Receive / Review Proposals – Perform Technical Evaluations Stewardship Contract Training SOURCE SELECTION PROCESS – Exchanges with Offerors as needed FAR Part 15.3 – Source Selection Recommendation – Source Selection Decision – Make the award to successful Offeror – Notify unsuccessful Offerors – Brief unsuccessful Offerors as required Stewardship Contract Training IDENTIFY KEY PERSONNEL – Up to $1M May be CO or Warranted Authority Which ever is lower – Over $1M SSA at least one level above CO. Stewardship Contract Training IDENTIFY KEY PERSONNEL – Contracting Officer – Technical Evaluation Board / Team – Technical Evaluation Board Chairman Stewardship Contract Training DEVELOPMENT OF EVALUATION FACTORS – FAR Part 15 – Stewardship Handbook – Other factors Stewardship Contract Training SIGNIFICANT SUBFACTORS – Past Performance Quality Management of the project Timeliness – What is needed – Simplify Stewardship Contract Training STANDARD EVALUATION FACTORS – Management – Past performance (relative experience) – Impact on local community Geographic proximity to work site Subcontractors to be used from local area Stewardship Contract Training FAR PART 15 – Evaluation factors – Technical Proposal and Price Stewardship Contract Training SOURCE SELECTION PLAN – Road map – No set format – Minimum requirements Stewardship Contract Training SOURCE SELECTION – Advertise / Issue Proposal – Receive / Review Proposals – Perform Technical Evaluations – Exchanges with Offerors as need FAR Part 15.3 – Source Selection Recommendation Stewardship Contract Training SOURCE SELECTION – Decision Rationale Overall how decision was derived – Number of proposals / prices – Evaluation / Rating of all proposals – Statement of Selection – Signed by the CO and SSA Stewardship Contract Training SOURCE SELECTION – Make award to successful offeror – Notify unsuccessful offerors in writing – Brief unsuccessful offerors as needed FAR 15.506 Evaluation findings for the offeror – Strengths – Weaknesses – Deficiencies Overall ranking – Rationale summary – Official summary Stewardship Contract Training REFERENCES – FAR Part 15.3 Source Selection – FSAR Part 4G15.3 Source Selection – FAR Part 15.5 Post-award Notifications – FAR Part 3.1 Safeguards – Continuous Learning Course CLC007 Source Selection www.dau.mil Stewardship Contract Training THIS IS THE END OF THIS SECTION.