week 13

TYPES OF CONTRACT EXERCISE

Instructions: Within the context of your Week 2 Business Case project you will address and identify the different types of contracts that are available for supply chain management.

You will copy and paste the Business Case.

For each of the six (6) contract types below you will provide a description of each contract type and then identify where each of the contract could be utilized within your project. These need to be specific examples and explain why the specific contract type would be ideal for these supplies (goods or services). There is no word minimum but each should cover the required material and provide the specific information sought.

Business Case:

Business Case: News source (APA reference): Jeff Kiger, (2020). A new fitness center is on the way for Northwester Rochester. Retrieved from https://www.postbulletin.com/business/small-business/6520787-A-new-fitness-center-is-on-the-way-for-Northwest-Rochester

Web address: https://www.postbulletin.com/business/small-business/6520787-A-new-fitness-center-is-on-the-way-for-Northwest-Rochester.

City: Rochester

Elevator Pitch - the anytime fitness workout studio is planning to put up a fitness center and you 7360 square foot building on open land at 4181 space 31st Ave behind an O’Reilly auto parts Store and across 31st Ave from Mayo clinic’s 41st street campus later in the year. the project is geared at providing a 24 hour exercising center where members can access weights and cardio machines to improve their general health. The fitness workout studio will offer residence of Rochester an opportunity to work out anytime of the day. The residents will be expected to subscribe for a membership to benefit from the center once its construction is complete.

Fixed-Price Contracts

Firm-Fixed-Price (FFP) Contract:

Fixed-Price-Incentive-Fee (FPIF) Contract:

Fixed-Price-Economic-Price-Adjustment (FP-EPA) Contract:

Cost-Reimbursable Contracts

Cost-Plus-Fixed Fee (CPFF) Contract:

Cost-Plus-Award-Fee (CPAF) Contract:

Cost-Plus-Incentive Fee (CPIF) Contract: