Questions_and_Answers.docx

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Valuation Services
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PBGC01-RQ-16-0033
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Question: I noticed in Addendum 1, 3.1.1 that the bid cannot exceed $70,000. I assume this is for both the valuation services and the negotiation services. Is that Correct?

Answer: No, that is not a correct assumption. The Language from Addendum 1, 3.1.1, reads (bold, italics, and underline added for emphasis):

3.1.Volume I – Contract Document and Price Proposal:
3.1.1.Firm fixed unit prices and fully loaded labor rates shall be submitted as specified in the pricing schedule. For purposes of evaluation, the Offeror shall include Labor Categories, Labor Hours per Category, and Rates for a not-to-exceed amount of $70k, plus or minus 1% for CLIN 2.

Note that you must submit Firm Fixed Pricing for CLIN 0001 (firm fixed unit prices) separately from the information required in the paragraph 3.1.1. The $70K referenced paragraph applies only to CLIN 0002- Negotiations.

The total proposed price would be the Firm Fixed Price amount for CLIN 0001 plus ~ $70K for CLIN 0002.

File details come from the government source that posted it. Updated .