NOTE FROM SEVEN STEPS TEAM: SEE “HELPFUL HINTS” AT END OF DOCUMENT Redacted version [Project Name] Market Research Plan Objectives: Conduct market research to determine: 1) the extent to which commercial sources and Government-wide Acquisition Contracts (GWACs) can possibly fulfill [Agency] (ACRONYM) Project Name and related requirements; if prices and rates under the current ACRONYM contract with [company name] (including its option renewal periods) are still fair and reasonable; if new laws, regulations, security conditions, business processes, or other factors requirements; necessitate immediate changes in ACRONYM’s service whether industry trends, market conditions and business issues suggest changes in acquisition approach; if opportunities exist to to enable more contracts or “unbundle” requirements subcontracts to small, small disadvantaged and other socio-economic procurement categories; best practices that can be adopted by ACRONYM, and the timeframes for any new procurement actions, including the time needed for a possible transition from the incumbent contractor to a new contractor. Activity Responsible Estimated Office Timeframe (workdays)* 1. Review current and anticipated Program 3 requirements, activities, demographics, Office and program needs 2. Review current contract terms, prices, Program 5 services and metrics. Office, Procurement Office 3. Formulate questions and check-lists for Program 1 market survey initiative Office, Procurement Office 4. Determine subjects for surveying (e.g., Program 1* commercial sources, Federal, state Office, agencies, commercial users, etc.) Procurement Office 5. Determine methods for conducting Program 1* surveys/research (e.g., telephone Office,
NOTE FROM SEVEN STEPS TEAM: SEE “HELPFUL HINTS” AT END OF DOCUMENT Redacted version [Project Name] Market Research Plan Objectives: Conduct market research to determine: 1) the extent to which commercial sources and Government-wide Acquisition Contracts (GWACs) can possibly fulfill [Agency] (ACRONYM) Project Name and related requirements; if prices and rates under the current ACRONYM contract with [company name] (including its option renewal periods) are still fair and reasonable; if new laws, regulations, security conditions, business processes, or other factors necessitate immediate changes in ACRONYM’s service requirements; whether industry trends, market conditions and business issues suggest changes in acquisition approach; if opportunities exist to “unbundle” requirements to enable more contracts or subcontracts to small, small disadvantaged and other socio-economic procurement categories; best practices that can be adopted by ACRONYM, and the timeframes for any new procurement actions, including the time needed for a possible transition from the incumbent contractor to a new contractor. Activity Responsible Office Estimated Timeframe (workdays)* 1. Review current and anticipated requirements, activities, demographics, and program needs Program Office 3 2. Review current contract terms, prices, services and metrics. Program Office, Procurement Office 5 3. Formulate questions and check-lists for market survey initiative Program Office, Procurement Office 1 4. Determine subjects for surveying (e.g., commercial sources, Federal, state agencies, commercial users, etc.) Program Office, Procurement Office 1* 5. Determine methods for conducting surveys/research (e.g., telephone Program Office, 1*