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M2 Solutions offers compliance auditing services that include the review and analysis of selected purchase order/subcontract to clients work instructions
- Identify potential source(s) of supply
- Solicitation of potential source(s)
- Source selection
Determination of responsive/responsible bidder
Competition or single/sole source award
Documentation of source selection in accordance with clients/government requirements
Why was source selected
Assurance of a fair and reasonable price to be paid to the selected source (Cost/Price Analysis)
- Cost Reimbursement
Research and Development
University Agreements
- Fixed Price
Research and Development
University Agreements
Supply
FAR Part (12) Commercial Item - as defined in FAR Part 2.101 Definitions
FAR Part (15) Negotiated Contracts
- Customized terms - including unique articles and US Government flow-downs
- Verification and validation that client and government approvals were obtained prior to placement of purchase order/subcontract.
- Subcontract Management Plan - included and made part of the agreement under review
- Subcontract Management Plan - does it measure actual cost and worked performed verses what was proposed and agreed to by the client?
- Timely? All documents provide to seller returned and accounted for?
- Release for future claims received and final payment made?
M2 Solutions
Your Government subcontracting and compliance Business partner