Reference no: EM13767649
Assignment: The FAR and Contract Provisions for Protection
Imagine that you are a contracts officer for the Internal Revenue Services (IRS), and that your supervisor has tasked you with the procurement of a new software system for processing tax returns. You have recognized that contract administration involves those activities performed by government officials after they award a contract. Once an award is made, contractors receive the contract, which includes provisions to minimize the risk and define rights and obligations, from the Internal Revenue Service.
Review Federal Acquisition Review (FAR) "52.246-1 Contractor Inspection Requirements".
Write a two to three (2-3) page paper in which you:
Evaluate the importance of the standard default clause. As a contracts officer for the IRS, suggest two (2) ways in which you could combine the standard default clause with the FAR's delay provision for the protection of both parties to the contract.
Speculate on the impact that a contracting officer's changes to the payment terms within the software contract would exert upon both the government and the contractor. Analyze the requirements for a contracts officer to successfully effectuate a change order on behalf of the government. Conclude whether or not the change order is the most secure method for making a contractual change. Justify your response.
Examine the inspection criteria that FAR 52.246-1 articulates, and discuss the necessity of each requirement. As a contracts officer for the IRS, suggest two (2) improvements that you could make to the inspection procedure in order to make the procedure more efficient.
Use at least three (3) quality academic resources in this assignment. Note: Wikipedia does not qualify as an academic resource.
Disadvantage of sensitivity analysis
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Analyzing two machines
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Used as the initial cash flow
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Evaluate the importance of the standard default clause
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Quantify the uncertainty of your estimate
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Developed and modified a draft of your work
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