Describe the legal and administrative framework of the federal Research Paper

Describe the legal and administrative framework of the federal procurement process - Research Paper Example The FAR is issued jointly by the Department of Defense (DoD), the General Services Administration (GSA) and the National Aeronautics and Space Administration (NASA). It applies not only to direct purchases made by the government, but also to purchases made by federal grant recipients. In other countries such as India, different procurement rules apply at the federal level, in the states and territories, to the central public sector units, and to public sector enterprises. Procurement is regulated through executive directives at the federal level. The Rules were revised in 2005 to afford greater flexibility while ensuring accountability in government transactions. Instructions were issued by the Central Vigilance Commission (CVC) to supplement these regulations. At the federal level, procurement is administered by the individual government agencies. India has not established an authority that is exclusively responsible for defining procurement policies and for overseeing compliance wi th the established procedures. In Australia, the Finance Minister issues Commonwealth Procurement Guidelines (CPG's). It outlines Australian federal procurement requirements. ... to be used for standing orders, which covers the procurement of several of the most commonly purchased assets including automobiles, fuel, office supplies and professional services. If the purchase surpass monetary values set for different categories, the PWGSC opens the procurement up to the bidding process. It advertises it on the Government Electronic Tendering Service. Federal procurement generally requires competitive bidding on contracts which exceed a certain monetary threshold. A request for proposal (RFP) is issued with specific guidelines. After which, the bids are submitted for review. The contract is usually given to the bidder, which can meet all of the essential specifications at the lowest price. Exemptions can occur in cases where only one source of supply exists, or when one supplier has proven to be far superior in performance to the others. Getting into the federal procurement system is hard. There are many who try. However, only the few who will persevere will be accepted. The settlements of being on the inside of federal procurement are continuous. One is that once you make it inside the system, you are inside for a long time. The government changes slowly and that includes vendors. Another reason is that the federal government’s checks do not bounce. And the biggest reason to grind it out for government procurement is that the government does nothing small. However, there is a need to understand how the government work as a profession has been sought after as a secure position where on does not get laid off, but does get an awesome retirement, and federal holidays. The downside is there is not much upward mobility, the environment does not like initiative or creativity, and the pay is typically lower than industry norms. Civil service workers