Compusearch | PRISM: Award Functionality

PRISM —Award Functionality

Supports the following award types:

Purchase Card Orders
Purchase Order (Priced and Unpriced)
Basic Order Agreement
Blanket Purchase Agreement (Set-up and Call)
Delivery/Task Order (against internal and external contracts)
Interagency Agreement (IAA)
Military Interdepartmental Purchase Request (MIPR)
Multiple Award Setup Award against government-wide contracts (e.g., GSA Schedules)

All FAR contract types including:

Plus...

Overview

Supports simplified acquisition and large contract procedures per the FAR/DFARS.
Line items from multiple requisitions or solicitations can be consolidated into a single award.
Multiple awards can be created from a single requisition or solicitation.
Awards can be created without a corresponding requisition or solicitation.
Awards can be back-associated to a requisition or solicitation (i.e., link an award to a requisition or solicitation that was created after the award process was initiated).
Legacy contracts can be reconstructed using original contract number for future contract administration activities including the issuance of modifications and delivery orders/task orders.
Awards can be limited to the estimated costs on the requisition.
Supports the creation and posting of award notices on FedBizOpps.
Contracts can be suspended (i.e., placed on "hold"). No modifications or DO/TOs can be created while "on hold".
Provides the ability to track discounts at line item and document level.
Supports 2-way, 3-way and 4-way matching of data (e.g., commitment, obligation, received, accepted, invoiced, paid data).
Ability to designate an award "Completed".
Award line item data can be refreshed from a requisition that has been amended.
Contracts can be designated as "completed". No further activity is allowed and closeout can be performed.

Delivery/Task Orders (DO/TO)

Automatically links delivery/task orders to the base or parent contract.
DO/TO can be awarded against internal (e.g., PRISM) or external (e.g., GSA) contracts.

Purchase Card Orders (PCO)

Fully supports the use of government-issued purchase cards.
The user's purchase card account number(s) is/are available for selection from a drop-down list.
Purchases are validated against purchase card limits.
Tracks vendor confirmation numbers.
System is configurable to require or omit FPDS reporting for purchase card orders.
Purchase card account numbers are not printed on system-generated documents.
Purchase card limits are maintained by the system administrator or other authorized user.
Reporting capability supports end-of-month reconciliation.

Military Interdepartmental Purchase Request (MIPR)

Supports the amendment of MIPR's.
Solution prints forms used in the MIPR process including the DD-448, DD-448-C and DD-448-2.

Contracts

The user designates the obligating document (i.e., obligate upon issuance of the contract, delivery order/task order, or some combination).
Fully supports incremental funding.
Allows the user to define whether line items will allow delivery orders.
Permits the user to designate if minimums specified on ID/IQ contracts are guaranteed.

Multiple Award Schedules (MAS)

Award Modifications

Modifications are created as separate award documents but are automatically linked to the base award.
Supports the issuance of administrative modifications.
Ability to view individual modifications as well as view award with all modifications in place (i.e., net view).
A text summary of the modification, including funding changes, is automatically generated by the system.
An unlimited number of modifications can be processed at a time.

Additional Information

Review Our Software License Agreement