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The delivery and performance periods also need to be discussed within your acquisition plan. Stefan and Frank believe it is important to require the contractor to deliver monthly status reports on its progress. The program office also wants the contractor to be required to conduct at least one formal Program Management Review. The contract should also permit either the Government or the contractor to schedule additional information meetings to review deliverables, address performance issues, and review contract status. Having a requirement for monthly status reports and additional informal meetings in the contract is likely important because:
• The Government would like to know what the risks might be in the event the delivery schedule cannot be met
• The Government wants to know how soon it can terminate a contract
• So the contractor can propose an alternate delivery schedule
• So the Government can approve change requests submitted in the reports.
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