{ "docId": "019dd923-5de0-76bd-a165-e9e5329fc780", "docSlug": "f8dd05e81e5af476", "documentTitle": "McKinsey NJ Military Affairs Veterans", "authorId": "proposals", "authorName": "McKinsey", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "portrait", "aspectRatio": 0.707, "pageNumber": 23, "pageCount": 233, "prevPage": 22, "nextPage": 24, "slideType": "appendix_disclosure", "function": "other", "density": "balanced", "nDataPoints": 0, "notes": null, "elementsJson": [ "numbered_list", "paragraph" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5de0-76bd-a165-e9e5329fc780/23", "deckHref": "/decks/019dd923-5de0-76bd-a165-e9e5329fc780", "deckJsonHref": "/decks/019dd923-5de0-76bd-a165-e9e5329fc780.json", "deckAnchorHref": "/decks/019dd923-5de0-76bd-a165-e9e5329fc780#slide-23", "components": [ { "bbox": { "h": 0.685, "w": 0.768, "x": 0.116, "y": 0.213 }, "kind": "list", "text": "1. McKinsey will exclusively perform the services issued pursuant to the MBR (the “Services”) on a firm-fixed-price (FFP). For purposes of this proposal, Services performed on a “firm-fixed-price” basis shall be reimbursed at the agreed upon fixed price, which is not subject to any adjustment on the basis of McKinsey's cost experience in performing such Services.\n2. McKinsey's firm-fixed-price is based on its team bundle rates. McKinsey cannot segregate costs (or hours worked) within its team bundles. Therefore, services within a team bundle cannot be awarded separately.\n3. McKinsey is unable to (1) provide timesheets as back-up documentation or in the case of audits; (2) provide certified cost or pricing data; (3) provide a cost accounting system disclosure statement, forward pricing rate agreement or recommendation, or rate breakdown based on cost elements; or (3) be subject to cost principles and procedures such as those in Federal Acquisition Regulations Part 31.\n4. McKinsey will invoice and receive payment based on completed Services, and not specific hours worked, or costs incurred.\n5. McKinsey's pricing consists of fixed weekly team bundle rates. McKinsey has proposed a total firm fixed price based on its understanding of the level of effort required in order to meet requirements of the Services proposed in its technical quote to the MBR. During performance, McKinsey may make changes to its staffing as far as total number of resources and weeks provided as may be necessary for successful performance of the Purchase Order resulting from the MBR. Accordingly, the team bundles provided in this proposal are an estimation only.\n6. Please also note that McKinsey does not provide categorical recommendations on matters of public policy; but rather, provides fact-based analysis and framing of options and tradeoffs; all authority for policy decisions shall continue to reside with the State of New Jersey agency leaders. Our analysis shall not serve as a substitute for policy, regulatory or operational decision-making by the State of New Jersey.\n7. McKinsey & Company, Inc. Washington D.C. (“McKinsey”) primarily serves public sector clients, with some social sector and commercial client work. Pursuant to the State Contract, we are not aware of any McKinsey work that poses a conflict of interest based on our proposed scope of work to the MBR. For additional transparency, we note that McKinsey US (“McKinsey US”), an affiliate, provides or has provided consulting services in the US to commercial institutions across all industries, including, potentially, clients who provide or may seek to provide, products and/or/services to the State of New Jersey. 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