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

Vertical and horizontal integration strategies, QUESTION (a) Comment o...

QUESTION (a) Comment on the generic competitive strategies as proposed by Porter with the use of suitable examples (b) Briefly elaborate, with relevant examples, your unders

Does fca facilitate to support recycling, Q. Does FCA facilitate to support...

Q. Does FCA facilitate to support recycling? How? Ans. No. FCA does not defender recycling or any other waste management alternative. It provides a significant tool for an

Legal aspects of health care management, 1. What is meant by the term "stan...

1. What is meant by the term "standard of care" in the context of medical liability? Provider examples as to the application of this legal term. How is this standard determined and

Explain the arbitrage pricing theory, QUESTION (a) Explain the Arbitrag...

QUESTION (a) Explain the Arbitrage Pricing Theory. In what ways the Arbitrage Pricing Theory is considered to be a superior model. What are its main limitations? (b) Disting

Nature of knowledge, The Nature of Knowledge It is indeed quite difficu...

The Nature of Knowledge It is indeed quite difficult to identify useful knowledge among the pool of knowledge in  an organisation.  Knowledge  is a critical  asset  that  needs

Library catalogue : objectives purposes and functions , OBJECTIVES Li...

OBJECTIVES Library catalogue is an important tool in a library and cataloguing is one of the most important activities of a library. In this Unit, you are introduced to a few

Information services, INFORMATION SERVICES: In the earlier Unit of thi...

INFORMATION SERVICES: In the earlier Unit of this Block (Block 1, Unit 1), you have learnt about the concept and need for information. In this context, it has been emphasised

Classified catalogue, CLASSIFIED CATALOGUE: A classified catalogue is ...

CLASSIFIED CATALOGUE: A classified catalogue is a form of subject catalogue, in which the entries are arranged by the class number which representing the subject of document,

Building the team, QUESTION Leadership is essential for the success of ...

QUESTION Leadership is essential for the success of any organization (i) Briefly explain the need for leadership for a manager to be successful (ii) Briefly describe the

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