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Category: Business and Industry
Date Submitted: 12/15/2013 05:22 PM
TECHNICAL EVALUATION
Technical and Cost or Price Evaluations and Price Reasonableness
Karnarda Slaughter
December 1,2013
Government Acquisition
Introduction
In the global era, before involving in the project, it becomes essential for individuals to evaluate the project so that sufficient decisions can be taken (Eke & Genco, 2007). According to the scenario, as a government employee, contractor offered a proposal of two-billion-dollar ($2,000,000,000). That is related to the purchasing of fifty two towers to be installed in the Arizona-Mexico border that is a big deal and having an opportunity for growth. Such tower will have radar, night vision, and day vision with 7.5- mile range. So, in the paper, technical evaluation of the project will be discussed that will include the purpose of evaluation, the importance of integrity and fairness and used factors to determine this. Furthermore, methods of price analysis will be also discussed in the paper to take sound judgment over the selection of prizes.
Purpose of Technical Evaluation
Before involving in any project, it becomes important for individual to analyze the requirements of the project so that sufficient decisions can be taken to move the project into the right direction. As a part of the project by purchasing and installing tower on the Arizona-Mexico border, technical evaluation will be conducted (Eke & Genco, 2007). It is because it will help to identify the requirements to run the project along with ensuring success of it. Technical evaluation also ensures to the integrity, fairness and credibility in the project while running the contract (Manley & McCormack, 2003). Another purpose of conducting the technical evaluation is related to determining the qualitative and quantitative aspects of the proposed money in relation to the using labor, interdivisional work, material, subcontracts, travel, computer usage and other direct costs (Allal, capture,...