About FERC 
Procurement Information
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Regulations Governing FERC Acquisitions
The FERC's acquisition activities are governed by the Federal Acquisition Regulation (FAR). The FAR is codified as Chapter 1 of Title 48, Code of Federal Regulation. The FAR implements various statutes and regulations, such as those dealing with small business and fair labor practices, which impact upon the contracting process. The objectives of the FAR are to:
- Assure the efficient and effective expenditure of Government funds;
- Optimize the opportunity for attainment of program objectives;
- Obtain adequate and effective competition in the acquisition of goods and services;
- Assure impartial, equitable, and thorough evaluation of bids and proposals and other information received;
- Select the best proposal(s) for contract award;
- Negotiate fair and reasonable contracts giving appropriate consideration to work to be performed, schedule, cost and best value to the Commission; and
- Achieve effective administration of contracts in accordance with the statements of work and terms and conditions.
Any firm wishing to do business with the FERC should have ready access to the FAR.
Opportunities for Bid and Bidders Mailing List
The contracting process is usually initiated when a particular program or project office develops a requirement and submits a request to the contracting office along with a list of potential sources. The assigned contracting officer will then review the requirement and identify additional potential sources and prepare an appropriate solicitation in the form of the sealed bid or request for proposal. To have your company's name placed on the FERC solicitation mailing list to receive solicitation on future acquisitions, Standard Form 129, Solicitation Mailing List Application, should be used. The list is used in both sealed bidding and the negotiation methods of acquisition to identify companies which should be sent and IFB or RFP. Merely, having your company's name on a solicitation mailing list, however, will not automatically guarantee that you will be notified of all future solicitations in your area of expertise due to the requirement to rotate potential sources found on the bidding lists. Should your company received a solicitation, be sure that you respond to it. If you are unable to submit a bid or proposal but you want your company to remain on the mailing list, you should advise the contracting office. Failure to respond to a solicitation may result in the removal of your firm from the mailing list without notice to you.
Commerce Business Daily
Most proposed FERC contracting actions exceeding $25,000, must be publicized in the "Commerce Business Daily" (CBD) prior to release of a solicitation. This allows interested firms to contact the acquisition office and request a copy of the solicitation. Reviewing the CBD affords a company the opportunity to selectively and efficiently participate in the contracting process.
