Question: Based on the same scenario as in your Week 3 assignment, Small-Business Opportunities with the Navy, imagine that you have received a request for proposal

Based on the same scenario as in your Week 3 assignment, Small-Business Opportunities with the Navy, imagine that you have received a request for proposal (RFP #123456789), dated 07/14/2014. You also find out through a reliable source that a local competitor has also received an RFP for a similar type of product and service. Because of this, you will be required to negotiate the contract and will need to consider the contract specifics.

Suggest three ways in which the basic concepts of theFederal Acquisition Regulation (FAR)Links to an external site.policy would mutually benefit your small business and the Navy.

Determine the method that you will use for solicitation of a bid. Next, explain why the Navy is likely to choose your company in the sealed bidding process.

Determine the impact of the FAR policy on a given business including solicitation methods.

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