Acquisition Lifecycle Capabilities

Momentum Acquisitions supports the entire procurement lifecycle—from acquisition planning through contract award and closeout.

 

Provides reporting tools, flexible business rules, configurable workflows and an end-to-end electronic contract file to support agency's specific business processes.

 

 

Female scrum master organizing project working process

Acquisitions Planning & Requirements Definition 

  • Role-based dashboards for the procurement professional
  • Centralized, electronic contract file
  • Procurement milestones and tracking
  • Purchase Requests with line-item detail, attachments, and support for commitment accounting
  • Workload assignment, management, and tracking
Momentum Acquisitions Pre Awards graphic
Momentum Acquisitions TC recommendation graphic

Sourcing (Synopsis, Solicitation, Source Selection & Evaluation)

 

  • Create & Issue Request of Quote (RFQ), Request for Proposal (RFP), Invitation for Bid (IFB) and Fair Opportunity Notices solicitation types
  • Built-in FAR and non-FAR based forms, including: SF18, SF33, SF1449, SF1442, SF30 (amendments) with Uniform Contract Format (UCF), Construction Specifications Institute (CSI) and commercial layouts
  • Uniform Contract Line structure including all FAR-supported contract types
  • Unique Procurement Instrument Identifier (PIID) document numbers and support for configurable document numbering
  • Out-of-the-box integration of System for Award Management-supported contract opportunity announcements
  • Rules-based, intelligent Terms and Conditions clauses selection with fill-in data
  • Best Value source selection with an evaluation team, including support for factors, subfactors, elements, findings, evaluation notices, adjectival ratings, consensus ratings and comparisons

Award

 

  • Support for definitive contracts, purchase orders, indefinite delivery vehicles, delivery and task orders, blanket purchase agreements and BPA calls, basic ordering agreements and associated orders, GWAC/ FSS and other external orders
  • Support for Multiple Award Contracts and subsequent fair opportunity notice processes
  • Built-in FAR and non-FAR based forms, including SF26, SF33, SF1449, SF1442, SF252, OF347 and DD1155 with Uniform Contract Format (UCF), Construction Specifications Institute (CSI) and commercial layouts
  • Uniform Contract Line structure including all FAR-supported contract types
  • Unique Procurement Instrument Identifier (PIID) document numbers and support for configurable document numbering
  • Rules-based, intelligent Terms and Conditions selection with fill-in data
  • Support for capturing obligations that are fully funded, partially funded, incrementally funded and subject to the availability of funds
  • Contracting Officer warrant validation
  • Electronic and digital signature including support for Personal Identity Verification/Common Access Card (PIV/CAC) credentials at signature
Momentum Acquisitions Overview Graphic
Momentum Acquisitions Combined Funding Summary graphic

Post-Award Administration & Closeout

  • Perform formal modifications (SF30) and informal changes to executed awards and orders
  • Support for novation, cancellations and terminations
  • Manage protests and disputes
  • Ability to apply the same change across multiple awards in a single action – mass modifications
  • Ability to have multiple draft modifications in process at the same time – concurrent modifications
  • Ability to capture vendor performance assessments
  • Support for contract closeout and contract settlement processes, including contract closeout checklists and tracking of retention timelines

Key Features 

  • COTS configuration layer that allows administrators to turn on and off capabilities through user interface, not custom code.
  • Extensibility framework that allows tailoring of data and workflows which persist through COTS upgrades to support unique business processes.
  • Extensible system validations, including support for presenting validations from external systems such as the Federal Procurement Data System or agency financial management systems.
  • Regulatory updates including Federal Acquisition Circular clause and clause rule updates.   

Out-of-the-box integrations:

 SAM:

  • Vendor data
  • Contract Opportunities
  • Real-time representatives and certifications (reps and certs)
  • Real-time vendor eligibility

FPDS: 

  • Real-time integration to initiate and complete Contract Action Report and automatically finalize upon successful processing of award, modification, or close-out.

Learn more by downloading our factsheet