The objective of the NegMemo process is to document and record key elements of an acquisition award decision.

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Effective acquisition planning involves determining the milestones and lead times necessary to complete the acquisition in a timely manner. An estimate of the total procurement administrative lead time (PALT) for a procurement action is normally measured in days and often varies based on acquisition size, complexity, and contract type.

As required in FAR Section 10.001, agencies must conduct market research and use the results to determine if sources capable of satisfying the agency’s requirements exist. In addition, government-wide priorities outlined in the OMB memorandum M-22-03 Advancing Equity in Federal Procurement, expect agencies to make Federal contracting and procurement opportunities mor

The Dynamic Small Business Search (DSBS) is a public system run by the Small Business Administration (SBA), that collects and displays Small Business Profiles registered in SAM.Gov (System for Award Management).

When conducting market research agencies, often use the DSBS to search for small businesses to help determine the extent that small businesses may be able to support the procurement action, including whether the procurement should be set aside for participation by the small business community.