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Acquiring a Contract with the Navy

February 19, 2023

Before beginning this assignment, review FAR Subpart 19.5—Set-Asides for Small Business.

(https://www.acquisition.gov/content/subpart-195-set-asides-small-business) Additional factors to consider are: Both your company and your competitor’s company will qualify under the HUBZone Act (FAR 19.5). Based upon the scope of work required, your initial estimates for the contract will exceed $150,000. Therefore, you are willing to offer incentives to the Navy. Your competitor intends to submit a proposal for a one (1) year contract.

Write a six to eight (6-8) page paper in which you: Examine two (2) reasons why your business would qualify under the basic concepts of the HUBZone Set-Aside Procedures. Provide a rationale for your response. Analyze the primary way(s) in which a multiyear contract would benefit both the Navy and your business. Determine whether your bid proposal should be based on a fixed-price, a cost-reimbursement, or a time-and-materials type of contract. Provide a rationale for your response. Determine the category of incentives that you are willing to offer (i.e., cost, schedule, or performance). Provide a rationale for your response. Determine whether your bid proposal should be a technical, management, or cost proposal. Provide a rationale for your response. Speculate on five (5) potential risk factors that you will need to consider if your company is awarded the contract. Provide a rationale for your response. Use at least three (3) quality references Note: Wikipedia and other related websites do not qualify as academic resources.

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