LEA must have a written method for conducting technical evaluations of the proposals received and for selecting recipients Must perform a cost or price analysis before receiving proposals, if the amount is over the Simplified Acquisition Threshold** Over Cost or Price 2 CFR The LEA must perform a cost or The method and degree of Federal $150,000** Analysis must 200.323 price analysis in connection with analysis is dependent on the be every Procurement Action in facts surrounding the performed excess of the Simplified particular procurement before Acquisition Threshold situation, but as a starting receiving ($150,000**), including contract point, the LEA must make bids or modifications. independent estimates proposals before receiving bids or Make independent proposals. estimates before receiving bids or proposals (during planning process) In all cases of cost analysis, profit must be negotiated as a separate element of the price Profit must be negotiated as a separate element of the price for each Sole-Source contract Cost or price analysis must be documented in writing Non-Competitive Federal; 2 CFR FEDERAL: Solicitation of a proposal State 200.320(f); from only one source. (Sole-Source) Sole-source method may be TEX used only when one or more of Per TEA’s “New EDGAR 44.031(j,k) the following circumstances Regulations FAQ” apply: document, an affidavit or sole-source letter from a
LEA must have a written method for conducting technical evaluations of the proposals received and for selecting recipients Must perform a cost or price analysis before receiving proposals, if the amount is over the Simplified Acquisition Threshold** Over $150,000** Cost or Price Analysis must be performed before receiving bids or proposals Federal 2 CFR 200.323 The LEA must perform a cost or price analysis in connection with every Procurement Action in excess of the Simplified Acquisition Threshold ($150,000**), including contract modifications. Make independent estimates before receiving bids or proposals (during planning process) In all cases of cost analysis, profit must be negotiated as a separate element of the price Profit must be negotiated as a separate element of the price for each Sole-Source contract Cost or price analysis must be documented in writing The method and degree of analysis is dependent on the facts surrounding the particular procurement situation, but as a starting point, the LEA must make independent estimates before receiving bids or proposals. Non-Competitive (Sole-Source) Federal; State 2 CFR 200.320(f); TEX 44.031(j,k) FEDERAL: Sole-source method may be used only when one or more of the following circumstances apply: Solicitation of a proposal from only one source. Per TEA’s “New EDGAR Regulations FAQ” document, an affidavit or sole-source letter from a
Procurement-Template-2017Aug.docx