Question: 1 . FAR Part 1 5 - Contracting by Negotiation Scenario: A government agency is looking to procure a new, highly advanced cybersecurity software system.
FAR Part Contracting by Negotiation
Scenario: A government agency is looking to procure a new, highly advanced cybersecurity software system. Given the unique and complex requirements, the agency decides to proceed under FAR Part to negotiate a contract.
Questions:
What steps should the agency take to prepare for negotiations to ensure they achieve the best possible outcome?
Discuss the importance of establishing a prenegotiation objective and how it would apply in this scenario.
How should the agency handle proprietary information during the negotiation process to maintain fairness to all parties involved?
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