Listen and Learn… What is a Final Proposal Revision? (FPR)
Kevin and Paul continue their dissection of the Government Source Selection process and discuss the process by which the Government allows revisions to Industry proposals after discussions. (also known as “exchanges with offerors after receipt of proposals” or more simply, negotiations)
In ancient times the FPR was known as a “Best and Final Offer” or BAFO. Learn why it is important to understand how the Government evaluates FPRs and the peril that exists for Industry when writing their FPR.