Explain the various contract types for project procurements

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Reference no: EM133433700

Assignment:

Question 1:

"According to the law of procurement, selecting a contract type for project procurements is generally a matter for negotiation and requires the exercise of a sound judgment because negotiating the contract type and prices are closely related and should be considered together to enable the client and the contractor minimize risks and enjoy greatest incentive for efficient and economic performance of the project"

Basing on the information above,

a) Explain the various contract types for project procurements available to the employer and the contractor in the successful implementation of project scope.

b) Discuss the critical success factors that should be considered when selecting an appropriate contract type for procurement projects.

Question 2:

"Under Sec. 3 of the Act, the PPDA Authority is established as cooperate body that can sue or be sued and has a perpetual succession hence recognized as a separate legal entity" Refer to sec7 and describe in details what the above narrative mean.

Reference no: EM133433700

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