Force account , Other Management

Assignment Help:

Force Account 

You have learnt that direct contracting is used under a limited number or exceptional circumstances without inviting any open bids. 

Force account is to make use of your own personnel and equipment, or to do the work or procure goods without prior agreement as required for lump sum or unit price. For example, when you have skilled labour for execution of certain components of the work, you need not call for bids for completing the work. However, you should justify this on economic grounds.  


Related Discussions:- Force account

Community relations in reference to public relations, Community relations i...

Community relations in reference to public relations refer to a organization, company, or other entity's relationship with their community. Community relations involve cultivati

Describe the export promotion capital goods scheme, Question 1 List the le...

Question 1 List the legal provisions of Uniform Customs and Practices for Documentary Credit in relation to Letter of Credit Question 2 Write a note on i) Imports by 100%

What are planktons, Question 1: (a) What is the chemical composition of...

Question 1: (a) What is the chemical composition of water? (b) Name the 3 states of matter in which water can exist. (c) Explain, with the help of diagrams, the molecular str

Technical section -staff activity area of library building, Technical Secti...

Technical Section -Staff Activity Area of library building in library management As mentioned earlier, cataloguing, and classification are the  principal technical activities

Definitions - information centres and databases, INFORMATION CENTRES  AND ...

INFORMATION CENTRES  AND DATABASES:   A, organisation selects, acquires, stores, organises a--retrieves specific documents to meet users' requirements, (ii) announces, abstr

Short-term decision-making problem, A company manufactures and sells a sing...

A company manufactures and sells a single product. The variable cost of the product is Rs 2.50 per unit and all production each month is sold at a price of Rs 3.70 per unit. A pote

Materials handling devices, Materials Handling Devices  Materials  hand...

Materials Handling Devices  Materials  handing  devices are of three types: a. Lifting  and lowering devices ( vertical movement) b. Transporting devices( horizontal move

Implement a successful conservation programme, Implement a successful conse...

Implement a successful conservation programme:  To implement a successful conservation programme, the staff must know:  The nature  of base materials and  manufacturing

Brand mangement, process of re branding of product or services?

process of re branding of product or services?

Write advantages and disadvantages of structuring a deal, Question 1 What ...

Question 1 What do you understand by entrepreneurial finance? Explain the role of external investors in a firm Question 2 Elaborate the steps under pro forma analysis. Dis

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd