Discussion and assignment
Discussion week 8
Read the article titled "Contract Responsibilities" and take notes of the "Recommendations and Advice for Your New Contract." Be prepared to discuss.
Contract Performance" Please respond to the following:
Per the text, both parties (e.g., the government and the contractor) have duties and responsibilities that accompany their new roles in contract performance. For the government, this relates to directing, administering, surveillance, acceptance and payment. Meanwhile, the contractors must perform all deliverables as stated in the contract. From the e-Activity, select two (2) of the recommendations / advice for a new contract and evaluate the importance of each in contract performance. Provide a rationale for your response.
Per the text, government has the right to examine and audit a contractor’s books, records, documents, evidence, and accounting procedures for up to three (3) years after final contract payment has been made. Determine two (2) challenges that a contractor might face with the aforementioned government’s right. Suggest one (1) strategy that the contractor could take in order to mitigate the challenges in question. Provide a rationale for your response.
Activity Assignment 4
Based on the same scenario as in Assignments 1, 2, and 3, you are now considering additional factors needed for your proposal based on RFP #123456789, dated 07/14/2014, where another local competitor intends to submit a proposal.
Additional factors to consider are:
Although you have always built in a profit margin of ten percent (10%) for commercial flooring jobs, you are willing to consider a lesser profit margin in this case in order to win the contract.
The Navy’s Contract Administration Officer is known to be a smart, tough negotiator.
Write a two to three (2-3) page paper in which you:
Determine two (2) potential profit objectives that you will consider for accepting a less than normal profit margin if you win the contract. Provide a rationale for your response.
Determine two to three (2-3) negotiation strategies or tactics that you feel would be effective for winning the contract. Provide a rationale for your response.
Use at least three (3) quality references Note: Wikipedia and other related websites do not qualify as academic resources.
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format.