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Contract administration during control procurement phase

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Reference no: EM132009445

Here are a number of questions to see what you have learned about the overall process and about control procurements in particular. 

Choose one question and answer it please.

  • Which type of contract requires the least contract administration during control procurement phase? Which type requires the most? Why?
  • Why is it commonly difficult to get work finished under a firm fixed-price contract?
  • Why is it sometimes difficult to get the seller to complete work under a cost plus contract?
  • What can be done to induce fixed-price contractors to become more responsive?
  • What other types of strategies can be employed to induce contractors to finish the work on time?
  • How does risk relate to getting the final work completed?

Reference no: EM132009445

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