Major overhaul of the hvac system

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You are responsible for the procurement of a major overhaul of the HVAC system in the installation headquarters building. The estimated cost is $175,250, with a period of performance of 3 months. The award is to be made using full and open competition after exclusion of sources. After reading FAR 32.104, what would prohibit you from offering contract financing in the form of performance-based payments or customary progress payments for this procurement? [Determine if contract financing is appropriate]

A) Contract does not exceed the SAT
B) The short expected duration of the contract
C) The contract was awarded based on competition
D) Advanced payments would exceed 15% of contract price

Reference no: EM132987620

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