CHECK THESE SAMPLES OF Evaluating Fixed-price Contract
Running head: contract PERFORMANCE contract Performance Insert Name Insert Grade Course Insert 23 November 2011 Protest involving Bidder's Responsibility and contract Performance.... April 1978 This report involves a protest due to allegations that award was granted to irresponsible bidder who resulted to yielding unsatisfactory results, therefore calling for termination of the contract.... Alabama Laundry further alleged that Tennessee Laundry's past performance was unsatisfactory; therefore, the contract should have been terminated....
4 Pages
(1000 words)
Research Paper
They are awarded by an agency, and any other acquisition contract for real, personal property or services that are not subject to the FAR.... For firm fixed-price contracts, the contract is not subject to adjustment by the government since it is based on the contractor's cost experience during the performance.... On the other hand, fixed price costs with economic price adjustment are those that provide for an upward or downward revision of the contract price, based on the occurrence of contingencies....
5 Pages
(1250 words)
Assignment
The paper 'The Price of the contract' presents pacts between contractors whose clientele can take more than one form.... The price of the contract does not alter despite the actual cost incurred by the contractor.... On the other hand, a cost-reimbursement contract is one whereby the government compensates the contractor for the total admissible costs.... The contractor stands to gain nothing in this kind of contract (Shealey, 1938)....
6 Pages
(1500 words)
Essay
A fixed-price contract is one, where the business will enter into an agreement to complete the work contracted by the government agencies, at a fee agreed upon during the beginning of the contract.... The advantages of entering into a fixed-price contract for the business include that it will allow the business to secure and plan the execution of the contract fully, right from the beginning of the contract.... Secondly, this type of contracting will simplify the process of sales forecasting, because the profits to be drawn from the contract can be determined before starting the project, and that allows for more sales prospecting....
6 Pages
(1500 words)
Assignment
Present paper 'Baytree Plc - Revenue Generating Project' presents various procurement techniques for a new project for Baytree Plc.... promoting retail and leisure business.... The proposed company's draft carries the development of a new Motorway Services Area (MSA) in the north of England.... ....
25 Pages
(6250 words)
Research Paper
This report "IT Procurement Contracts" presents two contract types that will be applicable in the IT project.... In a cost-plus contract, contracts specify all legitimate expenditures associated with creating the merchandise, deliver the service, or other stuff of the procurement deed which will be reimbursed.... In project management, the T&M contract comprises aspects of fixed as well as the cost-plus type of contracts.... FP (Firm Fixed Price): The procurement regard to this project is related to hardware, software, and another related service that needs to be under the contract for getting an advantage in it....
5 Pages
(1250 words)
Report
"Commercial Contract Management" paper examines the benefits of an independent project manager, contractual agreement proposal, contractual agreement proposal, firm-fixed-price contract, firm-fixed-price, level-of-effort term contract, and firm-fixed-price materials reimbursement type contract.... n this context, a contractual agreement is necessary to help both you and the contractor to iron out the details of the project on time and try to avoid probable disputes in later stages of the contract....
8 Pages
(2000 words)
Assignment
Cost and price analysis is currently one of the essential tools used by governments and businesses to obtain and achieve fair and reasonable pricing from suppliers and contractors.... With regard to its definition, cost analysis is primarily concerned with the examination and.... ... ... The paper 'Cost and Price Analysis' is a meaningful example of a finance & accounting essay....
8 Pages
(2000 words)
Essay