Presoliciatation-procuring entity identifies its needs, develops the bid specifications, determines the method to use for acquiring the goods or services, and develops the criteria used to award the contract
Solicitation-involves bid solicitation, bid preparation, and bid submission. Procuring entity prepares solicitation document, provides notices of solicitation, and issues the solicitation document. After the solicitation document has been issues, bidders prepare and submit their bids or proposals
Bid Evaluation and Award-procuring personnel evaluate bids or proposals, conduct discussions and negotiations and give bidders an opportunity to revise their proposals. Purchasing personnel then select the winning bid or proposal.
Post-Award and Administration-contracting parties fulfill their respective duties through the performance of their contractual obligations. contract modifications(change orders), review of completed portions and release of monies, and assessment of deliverables for compliance with the contract terms, including quality control.