business essay

Based on the same scenario as in Assignments 1 and 2, you are ready to begin considering the factors needed for your proposal based on RFP #123456789, dated 07/14/2014. Remember that another local competitor intends to submit a proposal as well.

Before beginning this assignment, review FAR Subpart 19.5—Set-Asides for Small Business.

Additional factors to consider are:

1. Both your company and your competitor’s company will qualify under the HUBZone Act (FAR 19.5).
2. Based upon the scope of work required, your initial estimates for the contract will exceed $150,000. Therefore, you are willing to offer incentives to the Navy.
3. Your competitor intends to submit a proposal for a one (1) year contract.

Write a six to eight (6-8) page paper in which you:

1. Examine two (2) reasons why your business would qualify under the basic concepts of the HUBZone Set-Aside Procedures. Provide a rationale for your response.
2. Analyze the primary way(s) in which a multiyear contract would benefit both the Navy and your business.
3. Determine whether your bid proposal should be based on a fixed-price, a cost-reimbursement, or a time-and-materials type of contract. Provide a rationale for your response.
4. Determine the category of incentives that you are willing to offer (i.e., cost, schedule, or performance). Provide a rationale for your response.
5. Determine whether your bid proposal should be a technical, management, or cost proposal. Provide a rationale for your response.
6. Speculate on five (5) potential risk factors that you will need to consider if your company is awarded the contract. Provide a rationale for your response.
7. Use at least three (3) quality references  Note: Wikipedia and other related websites do not qualify as academic resources.

Answer Preview

My business would qualify under the basic concepts of HUBZone Set-Aside Procedures for two reasons. The business is HUBZone certified and has maintained certification by meeting all the eligibility requirements at all times upon undergoing the mandatory recertification after three (3) years. This puts it at an advantaged position when it comes to qualification.