Instructions_to_Offerors.doc

INSTRUCTIONS TO OFFERORS

RFQ73351018Q0063

PRivate EQUITY TRAINING for sbic program The Small Business Administration, Office of Investment and Innovation (OII) is requesting a quote for services to provide Private Equity training for Small Business Investment Company program. This contract will be a 100% total Small Business set-aside and Firm Fixed Price award with a 12 month Period of Performance.

INSTRUCTIONS TO OFFERORS

Submission of Quotes. This is a directed RFQ. Please submit your technical and price proposal as described below no later than Thursday, 20 Sept 2018 2 PM EST. If you have any questions, please contact Lisa Jobes, Contracting Officer, by e-mail – lisa.jobes@sba.gov or 303-844-0935 no later than Tuesday, 18 Sept 2018 1200 noon EST. Quotes are due by Thursday, 20 Sept 2018 2:00 pm EST.

Quotes will be accepted by email to lisa.jobes@sba.gov. Offers may be considered incomplete if they do not contain information that is required to be submitted as part of the proposal, past performance information, and a price quote.

Past Experience: Provide description, documentation and references for prior experience of previous comparable projects in the past three years. Provide “lessons learned” from your past experience.

Pricing: Price must be contained in a separate document from past performance information. Please provide pricing and any proposed discounts for the entire term of the contract.

Before the quote’s specified expiration time, the Government may accept a quote, whether or not there are negotiations after its receipt, unless a written notice of withdrawal is received before award.

EVALUATION FACTORS FOR AWARD

The Government reserves the right to make award to the responsible offeror whose offer conforms to the solicitation and represents the best value to the government. The government will consider two factors: (2) Past Performance and (3) Cost/Price, where, Prior Experience and Price are equal. SBA shall evaluate all responses by the depth of prior experience in relation to Performance of training of the areas listed in the SOW 2.2.

FACTOR 1: PRIOR EXPERIENCE

The evaluation will be based on information obtained from references provided by the offeror, other relevant prior experience information submitted with proposal or obtained from other sources known to the Government.

When assessing performance risks, the Government will focus on the past experience of the offeror as it relates to Statement of Work requirements, such as the offeror's depth of experience relative to required specifications, overview of the private equity industry, legal aspects of private equity funds, structure and economics of private equity funds, The Government will consider the currency and relevance of the information, source of the information, context of the data, and general trends in the offeror's performance. The lack of a relevant performance record may result in an unknown performance risk assessment, which will neither be used to the advantage nor disadvantage of the offeror.

FACTOR 2: COST/PRICE

The government will evaluate the proposed rates for the labor categories in the Pricing Schedule of the solicitation for best value and completeness. The Government will also evaluate cost and price realism with regard to the ability of the offeror to meet requirements in terms of skills required, complexity of disciplines and job difficulty, if the Government deems such analysis necessary.

Award Determination:

The SBA reserves the right to award this agreement based on initial quotes received, without discussions or negotiations; therefore, it is critically important that each quote be fully responsive to the solicitation without exception to any provision. The SBA anticipates awarding to the offeror whose response is the “best value” to the SBA, proposed price and other factors considered. The SBA reserves the right to make no award pursuant to this solicitation. The Government reserves the right to conduct discussions if the Contracting Officer later determines them to be necessary. If the Contracting Officer determines that the number of quotes that would otherwise be in the competitive range exceeds the number at which an efficient competition can be conducted, the Contracting Officer may limit the number of responses in the competitive range to the greatest number that will permit an efficient competition among the most highly rated quotes. The importance of price will increase as the prior experience merit of the responses becomes more equal. Among quotes that are substantially equal in experience, price may become the determinative factor for award; thus, the responses offering the SBA the best value, prior experience and price factors considered, shall be considered for award. The award may be made to other than the offeror with the lowest price or the highest technical rating.