You’ve heard of sealed bids? How about Two-Step? No, not a type of dance…
Two-Step Sealed bidding is a type of acquisition process that allows the Government to evaluate technical bids and request pricing from only those bidders who make the cut technically. (it’s a little more complicated than that, but not much)
Kevin and Paul describe the bidding process and provide insight into why both the Government and Industry can benefit if used appropriately.