CHECK THESE SAMPLES OF Termination of Government Contracts
The termination of a contract is often preceded by a written notice to the employees while the terms and condition of a contract will be adjusted after an agreement between the employer and the employee.... This essay explores the terms and conditions contained in a contract of employment....
7 Pages
(1750 words)
Essay
The contracting officer is charged with advising the awarding of the contract and, where applicable, a variation of government contracts.... Additionally, the government monitored and, when necessary, investigated at its discretion the awards and the implementation of all government contracts to ensure that they are impartially awarded (Thai 12).... Since the contract was awarded because of their significantly low bid, the contractor has broken the government's trust and, consequently, the contract should be rescinded....
2 Pages
(500 words)
Essay
Cost analysis has the most significant impact on government contracts as it determines the techniques and procedures used by the government in ensuring a fair and reasonable price (Hearn, 2011).... hellip; The most significant factors to be taken into account when considering cost as an independent variable from the federal government agency side are the contract cost risk and contractor efforts.... The process of cost price analysis is important to government contractors as the government uses these procedures to analyze the pricing information from different offerors....
1 Pages
(250 words)
Essay
The fourth is the Termination Contracting Officer (TCO) whose responsibilities include ensuring that the termination of a government contract benefits the government or minimizes losses regardless of whether it is because of the contractor's default or for government convenience.... Contracting Officers (COs), usually referred to as KOs in the Department of Defense for differentiation with Military Commanding Officers, are warranted by a government official, in the cabinet, to enter into contracts for the government accordingly for expenditure that goes beyond the micro-purchase threshold of $2,000 for construction, $2,500 for services, and $3,000 for goods....
1 Pages
(250 words)
Essay
The Department of Defense and other authorized federal agencies have their contracts performed by the Defense Contract Management Agency of the federal government of the United States.... The contract management agency is also tasked with the responsibility of terminating contracts that do not meet the agreed stipulations.... This is to enable the government to allocate wisely its budget towards certain services it requires.... This is the role of this agency and it works efficiently to help reduce the government's efforts of getting agents to dispose off its idle assets (Krahmann 2010)....
4 Pages
(1000 words)
Research Paper
termination of convenience involves prices agreed upon in the contract.... A termination of convenience is preferred in this case, as it will create a greater platform for discussion.... The research paper “The Essential Business contracts” seeks to evaluate the awareness of the laws that govern contracts to prevent fraud and all sought of illegal agreements.... Proper scrutiny of contracts ensures fair transactions....
1 Pages
(250 words)
Assignment
The legal role that the court creates in the situation is the rule of contracts, mainly awarding of contracts.... nbsp;… According to the report the contract case was with favor of the government with the consideration that there was a rational basis for the determination that the primary and important requirements of the solicitation.... The parties that yarer involved in the case are the government and supplies organization....
7 Pages
(1750 words)
Research Paper
Under such circumstances, lack of government intervention results in exploitation of consumers.... are the key players or rather firms which can be deemed to be monopolistic; they serve solely in the market, set prices and control the entire market's operations.
The Los Angeles Times presents an article on monopolies about termination of the spy satellite monopoly by the space entrepreneur.... which were previously preferred by the pentagon to handle such contracts are now facing stiff competition from Space Entrepreneur in a bid to eradicate monopolies (Hennigan, 1)....
4 Pages
(1000 words)
Research Paper