Gregory Garrett presented on IDIQ (Indefinite Delivery, Indefinite Quantity) contracting from the perspectives of the US Federal Government, prime contractors, and subcontractors. He discussed both the benefits and challenges of IDIQ contracting. From the government perspective, IDIQ contracts provide flexibility but can also lead to open financial liabilities and late deliveries if not properly managed. For prime contractors, IDIQ contracts provide opportunities for work and revenue but require investment and managing subcontractors can be difficult. Subcontractors can partner with primes for revenue, but face risks if primes do not provide expected funding or work.
"You can download this product from SlideTeam.net"
Plan and control the budget of the business by using the Cost Management PowerPoint Presentation Slides. Develop marketing capabilities, advertising, sponsorship, etc. with the help of project cost management PPT slideshow. Represent the cost of foregone alternatives with the help of the opportunity cost table. Determine all business expenses pertaining to the creation of company products by taking the assistance of products costing PPT visuals. Utilize our budgeting PowerPoint graphics and discuss all applicable costs, such as equipment and parts, materials and supplies, labor, financing, fees and licensing, transportation, and acquisition costs. Identify activities in an organization and assign the cost of each activity to all products and services by taking the assistance of the activity-based management PowerPoint layouts. You can also evaluate profits using the professionally designed financial management PPT slide deck. Thus, control the cost of your business project efficiently and strengthen the position of your firm by downloading our visually attention-grabbing project cost management PPT Presentation. https://bit.ly/3pb67nZ
A simple introduction about the Weight Product Method with an example.After going through this tutorial you can apply this method in simple decision making.
This lecture provides a short but comprehensive review of earned value analysis and how this technique helps us to determined the project financial and schedule situation.
"You can download this product from SlideTeam.net"
Plan and control the budget of the business by using the Cost Management PowerPoint Presentation Slides. Develop marketing capabilities, advertising, sponsorship, etc. with the help of project cost management PPT slideshow. Represent the cost of foregone alternatives with the help of the opportunity cost table. Determine all business expenses pertaining to the creation of company products by taking the assistance of products costing PPT visuals. Utilize our budgeting PowerPoint graphics and discuss all applicable costs, such as equipment and parts, materials and supplies, labor, financing, fees and licensing, transportation, and acquisition costs. Identify activities in an organization and assign the cost of each activity to all products and services by taking the assistance of the activity-based management PowerPoint layouts. You can also evaluate profits using the professionally designed financial management PPT slide deck. Thus, control the cost of your business project efficiently and strengthen the position of your firm by downloading our visually attention-grabbing project cost management PPT Presentation. https://bit.ly/3pb67nZ
A simple introduction about the Weight Product Method with an example.After going through this tutorial you can apply this method in simple decision making.
This lecture provides a short but comprehensive review of earned value analysis and how this technique helps us to determined the project financial and schedule situation.
Case studies are a great way to test knowledge gained in trainings. This event risk management case study in written in two parts and addresses a number of potential risks. Developed by Allison B. Peters in 2011.
Project Controls are the data gathering, data management and analytical processes used to predict, understand and constructively influence the time and cost outcomes of a project or programme; through the communication of information in formats that assist effective management and decision making."
Why linear programming is a very important topic?
• A lot of problems can be formulated as linear
programmes
• There exist efficient methods to solve them
• or at least give good approximations.
• Solve difficult problems: e.g. original example given
by the inventor of the theory, Dantzig. Best
assignment of 70 people to 70 tasks.
Project Management Best Practices: Brock Boddie/General AssemblyGeneral Assembly
You've managed an interactive project or two before, but it could have gone better — want to find out where you might improve? This class is designed to give an overview of the best practices for project management. From developing a solid project foundation to improving communication and collaboration within your team, this class will provide a clearer idea of where you should focus your energy as a project manager.
Want to learn more? Join Front Row today and access on-demand videos, livestreams, and much more: http://bit.ly/1aqAivV
PPT with overall coverage of the project evaluation and all the topic of project evaluation and post project evaluation are covered in this ppt.It includes all the topic of project evaluation:-
=>which of the project should be evaluated?
=>cost&timing
=>social analysis
=>environmental analysis
=>progress report
=>final report
and many more topics are covered in this ppt for the brief description of project evaluation and some left out topics are numerical of project evaluation.
The Case for Standard Forms of Construction ContractTom Joseph Mukasa
A public lecture presentation on 8 July 2016 by Tom Joseph Mukasa, (sponsored by the Institution of Surveyors of Uganda) at Kyambogo University, Kampala - Uganda.
Case studies are a great way to test knowledge gained in trainings. This event risk management case study in written in two parts and addresses a number of potential risks. Developed by Allison B. Peters in 2011.
Project Controls are the data gathering, data management and analytical processes used to predict, understand and constructively influence the time and cost outcomes of a project or programme; through the communication of information in formats that assist effective management and decision making."
Why linear programming is a very important topic?
• A lot of problems can be formulated as linear
programmes
• There exist efficient methods to solve them
• or at least give good approximations.
• Solve difficult problems: e.g. original example given
by the inventor of the theory, Dantzig. Best
assignment of 70 people to 70 tasks.
Project Management Best Practices: Brock Boddie/General AssemblyGeneral Assembly
You've managed an interactive project or two before, but it could have gone better — want to find out where you might improve? This class is designed to give an overview of the best practices for project management. From developing a solid project foundation to improving communication and collaboration within your team, this class will provide a clearer idea of where you should focus your energy as a project manager.
Want to learn more? Join Front Row today and access on-demand videos, livestreams, and much more: http://bit.ly/1aqAivV
PPT with overall coverage of the project evaluation and all the topic of project evaluation and post project evaluation are covered in this ppt.It includes all the topic of project evaluation:-
=>which of the project should be evaluated?
=>cost&timing
=>social analysis
=>environmental analysis
=>progress report
=>final report
and many more topics are covered in this ppt for the brief description of project evaluation and some left out topics are numerical of project evaluation.
The Case for Standard Forms of Construction ContractTom Joseph Mukasa
A public lecture presentation on 8 July 2016 by Tom Joseph Mukasa, (sponsored by the Institution of Surveyors of Uganda) at Kyambogo University, Kampala - Uganda.
FED GOV CON - Strategies for Success in Government ContractingJSchaus & Associates
This half day seminar held SEPT 19th 2014 in Pittsburgh with LEECHTISHMAN Law Firm, Aaron Grau & Associates and Jennifer Schaus & Asociates (of Washington DC) brings together top experts to share knowledge about government contracting.
More info at http://www.JenniferSchaus.com or 202-365-0598
Risks & Advantages of P3 Projects by Sid Scott, Hill InternationalRoland_Nikles
Provides overview of the current status (March 2014) of public/private partnerships for development of horizontal and vertical infrastructure in the United States.
Project Storyboard: Reducing Cycle Time for Bid Tab Creation by 33%GoLeanSixSigma.com
Think it's impossible to make a significant change in government? Well, it's not easy, but GoLeanSixSigmna.com Black Belt Pamela Kuehling made a real difference from the inside. She overturned countless "honest wrong beliefs" with facts and data by modeling the Lean Six Sigma approach in her work and won over the doubters.
Initially the overall procurement process was the focus, but when that proved to be too big, she scoped it down to a more manageable project that can now be the basis for an expanded improvement. Her improvement was meaningful, but a bigger victory was in bringing critical and logical thinking into an environment often impacted by less scientific influences!
A Banking Perspective on Historic Tax Credits - Michael TaylorHeritage Ohio
Michael Taylor of PNC Bank discusses the banking perspective on historic tax credits at the Heritage Ohio Historic Tax Credit Workshop in Toledo, Ohio on March 25, 2011
This presentation helps to demystify many legal issues experienced by DBE Subcontractors including the potential benefits of Joint Ventures and the finer points of developing contract agreements with Prime Contractors.
LCTA annual DBE outreach and networking event presentations. Fall 2016. This presentation provides an overview of the LCTA DBE program and FTA regulatory requirements.
Subcontracts_Me-A Fed Govt Contractor or Subcontractor_MN PTAC_06-09-2016_CBa...
IDIQ_Contracting_Presentation (APMP) April 2013
1. IDIQ CONTRACTING
The Good, the Bad, and the Ugly
Presented by:
Gregory A. Garrett, CPCM, C.P.M., PMP
Senior Vice President, Operations, Artel, Inc.
April 24, 2013
APMP Joint Chapter Event
Chesapeake & National Capital Area (NCA)
2. IDIQ Contracting
Key Topics of Discussion
US Federal Government – Spending & Transactions
IDIQ Contracting Fundamentals
IDIQ Contracting (Government/Prime/Subcontractors)
The Good…
The Bad…
The Ugly…
Q&A
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 2
3. Federal Government Procurement
Spending & Transactions (FY00-11)
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 3
0
50
100
150
200
250
300
350
400
450
500
550
600
650
700
750
800
850
2000 2004 2008 2009 2010 2011
Total Amount Spent on
U.S. Federal Contracts$B
= Baseline Spending – FPDS
= ARRA Spending
Total Number of U.S.
Federal
Transactions
FY2011 = 11.7 M
FY2010 = 10.2M
FY2009 = 9.0 M
FY2008 = 7.7 M
FY2004 = 2.0 M
FY2000 = 0.5 M
Sources: Federal Procurement Data
System – NG 2012
4. US Federal Procurement Budget
2012 – Winners & Losers
Winners
Procurement Budget Increases vs. FY11
• Securities Exchange Commission
(SEC) +10%
• Department of Transportation
(DOT) +4%
• Department of Justice
(DOJ) +2%
• Department of Commerce
(DOC) +2%
• Department of Veteran Affairs
(VA) +2%
• National Institute of Health
(NIH) +2%
Losers
Procurement Budget Reductions vs. FY11
• Department of Defense
(DoD) -8%
• Department of Treasury
(Treasury) -7%
• National Aeronautics & Space
Administration (NASA) -4%
• Environmental Protection Agency
(EPA) -3%
• Department of Homeland Security
(DHS) -2%
Source: Deltek, 2012; Federal Procurement Spending Report
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 4
5. US Federal Procurement Spending (FY08-
FY11 Average) # of Transactions & Dollar Ranges
95%
4%
1%
Number of Actions
for Dollar Ranges
8%
12%
80%
Sum of Dollars
for Action Dollar Range
= < $150,000
= Between $150,000 and $1,000,000
= > $1,000,000
Sources: OMB Reports
FPDS-NG Reports
(2007 – 2011)
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 5
6. US Federal Procurement Spending (FY08-
11 Average) Types of Transactions & Sum of Dollars %
6%
31%
60%
1% 2%
Modifications 6%
PO 31%
IDIQ 60%
Definitive Contract 1%
BPA 2%
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 6
7. IDIQ Contracting Fundamentals
Indefinite Delivery & Indefinite Quantity (IDIQ)
IDIQ is not a type of contract, it is a contracting vehicle
IDIQ is a frame agreement or multiple award schedule with
defined terms and conditions
An IDIQ does not become a contract until a Task Order or
Delivery Order is placed on the IDIQ
20+ years ago IDIQ contracting was done only by exception
Today IDIQ contracting is the vast majority of all U.S.
Government transactions
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 7
8. IDIQ Contracting: The Good…
• IDIQ contracting vehicles are fast and easy to use for the U.S.
government
• IDIQ contracting allows great flexibility
— Lowest Price or Best Value source selection
— Different Types of contracts on same vehicle
(Fixed Price, Cost-Reimbursement, Time-and-Material)
— Variable quantity
— Variable delivery dates
— Multiple year contract
• Task Orders can be developed and added quickly to IDIQ
contracting vehicles
• Can allow for increased competition for initial IDIQ
award, plus competition for task order awards
The US Federal
Government
Viewpoint
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 8
9. IDIQ Contracting: The Bad…
• IDIQ is not a definitive contract, thus may have potential open
financial liabilities over multiple years
• IDIQ may not have a firm delivery schedule, resulting in late
deliveries of products and services
• IDIQ contract may not be fully funded, thus may not be able to
award future Task Orders
• IDIQ requires minimum and maximum levels of funding, and
adequate funding is not available
• Contractors may not fulfill contract requirements, resulting in
negative cost, schedule, and quality impacts to end customers
The US Federal
Government
Viewpoint
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 9
10. IDIQ Contracting: The Ugly…
• Prime contractor and subcontractors get into nasty dispute
impacting performance and deliveries
• Unit prices may vary significantly with changes in quantity of units
purchased
• Changes in U.S. Government requirements may result in
significant cost and schedule delays
• U.S. Government many not have adequate resources to perform
contract administration, contract changes management, project
management, and contract closeout functions
• U.S. Government may not receive quality products, services,
systems, or solutions on-time
• Major cost growth, schedule delays, and cost
overruns occur
The US Federal
Government
Viewpoint
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 10
11. IDIQ Contracting: The Good…
• Opportunity to form a strong team and compete for a lot of
work and revenue
• Opportunity to provide quality products, services, and/or
systems to U.S. Government
• Opportunity to perform some work and subcontract
potentially a lot of work to other companies
• Opportunity to make a significant profit/fee
• Opportunity to capture market share of business
from competitors
• Opportunity to expand work and business relationships
with U.S. Government and subcontractors
Prime
Contractor
Viewpoint
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 11
12. IDIQ Contracting: The Bad…
• May require a large investment of time and money to compete
and win
• IDIQ is often just a hunting license for Task Orders, which may
or may not be funded and awarded in a timely manner
• May require teaming arrangements with companies that might
otherwise be competitors
• Managing subcontractors may prove very challenging
• U.S. Government may not fully fund the IDIQ
• U.S. Government becomes dissatisfied with the quality of the
products, services, or systems provided
Prime
Contractor
Viewpoint
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 12
13. IDIQ Contracting: The Ugly…
• IDIQ contracts are usually competitive and you may lose
• Even if you win an IDIQ contract you may get awarded very
little work/revenue
• Depending upon the IDIQ Task Orders, you may make little/no
profit/fee
• Managing the subcontractors may become a nightmare
• Dealing with U.S. Government caused delays can be
frustrating, time consuming, and expensive
• U.S. Government terminates the contract
Prime
Contractor
Viewpoint
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 13
14. IDIQ Contracting: The Good…
• Opportunity to establish a partnership with a prime contractor
and support U.S. Federal Government
• Lower risk than serving as the Prime Contractor
• Use of commercial contract between prime contractor and
subcontractor
• Opportunity to develop performance record with Prime
Contractors and U.S. Federal Government
• Opportunity to earn revenue and profit/fee
• Opportunity to deliver quality products, services, and/or
systems to Prime Contractor and U.S. Government
Subcontractor’s
Viewpoint
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 14
15. IDIQ Contracting: The Bad…
• Prime Contractor may not adhere to the terms and conditions
of the teaming agreement with the subcontractor
• Prime Contractor may not provide timely funding,
authorizations, and/or payments to the subcontractor
• Prime Contractor may compete the work and award
subcontracts to other companies
• Prime Contractor may not receive the volume and/or scope of
work anticipated, thus less work to be subcontracted
• Prime Contractor may issue Stop Work Order
Subcontractor’s
Viewpoint
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 15
16. IDIQ Contracting: The Ugly…
• As a result of reduction of U.S. Government funds – both prime
and subcontract receive little to no work on IDIQ contract
• Prime Contractor becomes nightmare to work with:
Steals Intellectual Property from Subcontractor
Violates Prime/Subcontractor contract
Does not pay subcontractor
Awards subcontracts to competitors
Blames their poor performance on subcontractor
Makes false reports to U.S. Federal Government
about subcontractor
Terminates subcontract
Subcontractor’s
Viewpoint
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 16
17. Questions & Comments
Thank You!
Gregory A. Garrett, CPCM, C.P.M, PMP
Senior Vice President, Operations, Artel, Inc.
(571) 991-7768
ggarrett@artelinc.com
www.artelinc.com
APMP Joint Chapter Event: Chesapeake & National Capital Area (NCA) 17
