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You are here: Experts > Industry > Federal Contracting > Federal Government Contract/Grants/Purchasing > Contracting
Expert: Rich Mihalic
Date: 6/7/2008
Subject: Contracting
Question In what ways does the negotiation process parallel the procedures employed in sealed bidding?
Answer Hi, Art: The negotiation process is generally employed in Request For Quotes (RFQs) bids where the government is trying to figure out if they can get a particular item made or developed, etc. Sealed bidding is used for Invitation For Bids (IFBs). These are usually your larger contracts over $500,000. Negotiations, if done at all, are only done with the winning contract firm.
I would suggest that you acquire the book "Win Government Contracts for Your Small Business". You can go online and order it at:
www.toolkit.cch.com. It is an excellent resource for government contracting.
RM
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