"Federal Contracting Activities And Contract Types" Essays and Research Papers

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Federal Contracting Activities And Contract Types

Federal Contracting Activities and Contract Types Sandra Greene BUS 315 Dr. Lena Maslennikova 10 December, 2012 Federal Contracting Activities and Contract Types This paper will discuss Booz Allen Hamilton. It will briefly discuss its history and then go into who they are today. Finally, it will cover a major contract that they have recently acquired along with a few particulars of that contract. Edwin G. Booz started his first...

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Ethics and Contracting

Running Head: Ethics and Contracting Ethics and Contracts Strayer University October 23, 2011 Abstract The question, “Does Business and Ethics Still Exist?” has generally caused honest business owners and also government agencies to ponder this notion. Even though the Federal Acquisition Regulation (FAR) is established in order to prevent unethical practices by contractors and government agencies failing to abide by this regulation, does not mean everyone it pertains...

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Types of Contract

Types of Contracts [pic] Choosing type appropriate contract type is essential to successful performance under a contract. The type of contract determines the cost and performance risks which are placed on the contractor. There are two broad contract groups--fixed price and cost reimbursement. Within each of these groups, there are various types of contracts which can be used individually or in combination. [pic] Firm Fixed Price Contracts [pic] This type of contract requires the contractor...

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Types of Contracts

TYPES OF CONTRACTS The risk shared between the buyer and seller is determined by the contract type. Although the firm-fixedprice type of contractual arrangement is typically the preferred type which is encouraged and often demanded by most organizations, there are times when another contract form may be in the best interests of the project. If a contract type other than fixed-price is intended, it is incumbent on the project team to justify its use. The type of contract to be used and the specific...

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Types of contract

What is a contract? A business contract is a legally binding agreement between two or more parties to do or not to do certain things. For example, a business contract could be for the sale of goods or supply of services at a certain price. There are many different types of contracts including: the sale and purchase of a business agreement; partnership agreements; leases of business premises; leases of plant and equipment; and employment agreements. The process for creating a contract generally...

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Contract Administration Best Practices

Contract Administration Best Practices Diana Thomas University of Phoenix Law/531- Business Law August 23, 2012 Trina Eaddy Introduction This essay will examine how to best prepare a contract administration plan. The contract administration plan will examine different methods used in preparing a plan. This essay will explain how important it is to have technical and other support of personnel, the importance of surveillance, and to determine...

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Evaluating Contracts - Essay

Evaluating Contracts Michael A. Clinton Professor Canuto Campos Contract Administration and Management – BUS 330 Sep 4, 2012 The federal government contracts for an enormous amount of its goods and services, whether big or small, with the intent of fulfilling the request with a fair and reasonable price. This cannot always be accomplished due to the various types of contracts and the numerous characteristics that go along...

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Contract Pricing

Fixed-Price Contract or Cost-Reimbursement Contract Willie Glover BUS 501 February 20, 2011 Dr. Nick Nayak Abstract Fixed-price contracts and cost-reimbursements are two different forms of contracts used by the federal government while determining contract pricing. Contracting officers may use either when contracting however there are several types of fixed-price contracts. Fixed-price type of contracts provide for a firm price or an adjustable price. Fixed-price contracts consist of firm-fixed-price...

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Procurement Contract Types

TYPES OF PROCUREMENT CONTRACTS 1.0 INTRODUCTION Sollish et al (2011) states that the decision over what contract type to use is one of the most important strategic decisions; because the type of contract has an influence on how the contractor is paid and the risk allocation between the contracting parties. In making such a decision the goal should be to get the optimum project objective attainment likelihood. 2.0 CONTRACT TYPES According to Sollish et al (2011), there are two major types...

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Law Types of Contract

fruit juice, vegetables, stationary and 2 dresses. She puts these items into her shopping trolley. Has a contract been made between Tesco Store and Belinda at this point? Give reasons for your answer. An offer is an expression of willingness to contract on a specific set of terms, made by the seller with the intention that, if the offer is accepted, he or she will be bound by a contract. Both offer and invitation to treat are totally different. Invitation to treat is an invitation for other people...

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