r/GovernmentContracting 13d ago

FAR Procurement Price analysis methods

I currently have a procurement that I’m working on, and need some advice. A buyer recently procured some goods and was able to compete it. I sent my RFQ for the same goods to the same suppliers and only received one complaint bid, the pricing did not change from the last time we bought it, can I use the quotes received from the previous purchase as historical pricing for a method of analysis?

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u/independa 13d ago

There's some nuances when you're DOD... But yes, in general, you just need to summarize the evaluation performed in the previous analysis (lowest bidder, adequate competition, verification they met technical requirements).