The agency has just awarded a contract for cleaning services in the headquarters
building. It is very important that the cleaning be done in a professional manner since
this is a high visibility area and receives a lot of the senior staff traffic throughout the
day. The contract was very detailed as to the standards to be met. What can the
Contract Administrator include in the performance assessment plan to ensure
compliance with the performance standards?
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, Surveillance techniques
The Statute of Frauds generally mandates that six particular promises or agreements
be evidenced in writing. Name any two of them. Extra credit for all six.
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1. Contracts for sale of goods $500+ under theUCC
2. Contracts for real estate of land interests
3. Contracts more than a year long
A contract administrator's duties are normally performed by:
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An employee within the agency.
Which type of contract pricing is appropriate when market or labor conditions are
unstable over an extended production period?
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Fixed price with escalation.
, A university is prepared to sign a contract to add 10 classrooms for a new program.
Registration for the program will begin in 9 months if the project is completed on time
and 6 months if the contractor completes the project early. During the negotiations,
the university offered the contractor an additional $50,000 to complete the project in
six months. What type of contract pricing is the university using?
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Fixed price incentive
Failure of a bidder to return the number of signed copies requested, failure of a
bidder to acknowledge receipt of an addendum or failure to execute a required
certificate are often considered:
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Minor irregularities
There are six specific types of risk associated with any solicitation or project. Name
any three of them and what they mean. Extra credit for all six.
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• Proposal Risk: describing the item of servicepurchased through
specifications and legaldocument(s)
• Surety/Liability Risk: protecting the financial andlegal interests of the
agency
• Schedule Risk: ensuring timely delivery
• Contractual Risk: establishing change/amendmentprocedures, dispute
resolution, and breachprocedures
building. It is very important that the cleaning be done in a professional manner since
this is a high visibility area and receives a lot of the senior staff traffic throughout the
day. The contract was very detailed as to the standards to be met. What can the
Contract Administrator include in the performance assessment plan to ensure
compliance with the performance standards?
Give this one a try later!
, Surveillance techniques
The Statute of Frauds generally mandates that six particular promises or agreements
be evidenced in writing. Name any two of them. Extra credit for all six.
Give this one a try later!
1. Contracts for sale of goods $500+ under theUCC
2. Contracts for real estate of land interests
3. Contracts more than a year long
A contract administrator's duties are normally performed by:
Give this one a try later!
An employee within the agency.
Which type of contract pricing is appropriate when market or labor conditions are
unstable over an extended production period?
Give this one a try later!
Fixed price with escalation.
, A university is prepared to sign a contract to add 10 classrooms for a new program.
Registration for the program will begin in 9 months if the project is completed on time
and 6 months if the contractor completes the project early. During the negotiations,
the university offered the contractor an additional $50,000 to complete the project in
six months. What type of contract pricing is the university using?
Give this one a try later!
Fixed price incentive
Failure of a bidder to return the number of signed copies requested, failure of a
bidder to acknowledge receipt of an addendum or failure to execute a required
certificate are often considered:
Give this one a try later!
Minor irregularities
There are six specific types of risk associated with any solicitation or project. Name
any three of them and what they mean. Extra credit for all six.
Give this one a try later!
• Proposal Risk: describing the item of servicepurchased through
specifications and legaldocument(s)
• Surety/Liability Risk: protecting the financial andlegal interests of the
agency
• Schedule Risk: ensuring timely delivery
• Contractual Risk: establishing change/amendmentprocedures, dispute
resolution, and breachprocedures