Acquisition And Financial Management

Smart1’s experience and knowledge

of federal acquisition statutes, regulations, policies and procedures, types of contracts utilized, contract methods, business industry practices, and knowledge of sources of supply put us at the forefront of acquisition and financial management.  Our personnel possess the advanced experience needed in pre-award/post-award procedures, purchase requests per the Federal Acquisition Regulations (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), and Acquisition Management System Lifecycles to provide full life cycle Acquisition Support Services.

The Smart team knowledge level and technical expertise cover the following areas:

  • Contract Administration
  • Pre-Award and New Requirements
  • Acquisition Documentation
  • Contract/Delivery Order/Task Order Close-Out Activities
  • Financial Management Analysis
  • Acquisition Planning
  • Solicitation Support
  • Cost and Pricing Analysis
  • Evaluate quotes using various cost price analysis

Client Examples

Smart1 assists Government staff in all aspects of project management, procurement planning, scope and capability analysis, cost and price analysis, and task order/contracts/agreements modification support to include:

  • Performance of pre-award/award procedures.
  • Review of purchase request in accordance with the Federal Acquisition Regulation (FAR) and Acquisition Management System Lifecycle.
  • Market Research Analysis Reporting.
  • Justifications, Statements of Work (SOW)/Performance Work Statements (PWS), Independent Government Cost Estimates (IGCEs).
  • Develop Contract Award Memorandum Provide Legal Attorneys data to support claims and uphold dispute resolution boards

Smart1 provides and maintains an in-depth familiarity with the FAA Acquisition Management System (AMS) and the FAA Acquisition System Toolset (FAST) to support programs throughout their acquisition lifecycle.  At a minimum, Smart1 provides the following:

  • Market surveys prepare notifications of planned solicitations and respond to vendor inquiries.
  • Acquisition of commercial off-the-shelf (COTS)-based solutions.
  • Mission-shortfall analyses and draft justifications to obtain funding and approval.
  • Develop Independent Government Cost Estimates (IGCEs) and Business-Case Analyses (BCAs).
  • Documents and Briefings required to obtain program and project approval including those items associated with AMS milestones.
  • Source Selection Plans and Training
  • Implementation and Integration plans and schedules.

Acquisition & Financial Management

​Smart1 staff has experience with providing acquisition management to organizations at the Federal Government level, which include work with Veterans Management Services, Inc. (VMSI), Department of Justice (DOJ), Office of Administration, Acquisition Management Division, US Department of Homeland Security Headquarters, Office of Procurement Operations, & NAV AIR PMA-205. The team knowledge level covers the following areas:

  • Federal Acquisition Regulation
  • Federal Aviation Administration (FAA) Acquisition Management System (AMS)
  • Pre and Post award contract activities
  • Interpreting the Statement of Work (SOW)
  • Contract Deliverable Requirement Lists (CDRLs)
  • Reviewing and responding to Request for Proposals (RFP) and Request for Quotes (RFQ)

Client Example: Smart1 applies our expertise in acquisition lifecycle and agency’s acquisition system toolset to facilitate program and project approval including Acquisition Program Baselines and Execution Plans, Investment Analysis, Decision Documents, and Program Management Plans.

 

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