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

Alphabetical catalogues , ALPHABETICAL CATALOGUES : Readers are more a...

ALPHABETICAL CATALOGUES : Readers are more at home with a catalogue arranged alphabetically, as such catalogues are arranged as in a dictionary. Alphabetical catalogues can be

Myths which people usually associate to knowledge management, QUESTION ...

QUESTION Federal Express: Turning expressed knowledge into profits ‘Before the emergence of the web, Federal Express developed and implemented an internal technology based syst

Explain what you understand by internal analysis, QUESTION 1 SWOT Matri...

QUESTION 1 SWOT Matrix is one of the principal tools for strategic analysis. Referring to this matrix- (a) Explain what you understand by internal analysis (b) Explain wh

Types of documentation and information centres, TYPES OF DOCUMENTATION AND ...

TYPES OF DOCUMENTATION AND INFORMATION CENTRES  Documentation and information centres are discussed here under three broad groups. They are:  i)  By ownership, i.e., those

Output of quality planning process, O utput of quality planning process ...

O utput of quality planning process Quality management plan is one of the major outputs of quality planning. It describes how the project management team will implement  the q

Systematic sampling, Systematic Sampling: This  is  sometimes called as sa...

Systematic Sampling: This  is  sometimes called as sampling by  regular intervals. The method  is also known  as  "pseudo-simple random  samples"  as they have properties similar

ASSIGNMENT, WHICH TYPE OF DEPARTMENTALIZATION IS PRACTICED BY ADIDAS? ELABO...

WHICH TYPE OF DEPARTMENTALIZATION IS PRACTICED BY ADIDAS? ELABORATE

Explain e-compensation tools, In most modern organizations, the employment ...

In most modern organizations, the employment relationship has shifted from being life-long with career management provided by the organization into being more short-term with emplo

Areas of risk and causes of risk, A reas of risk and causes of risk Be...

A reas of risk and causes of risk Below are mentioned few areas and causes of risk. The term „operator? used in this listing means the owner (you) who awards the contract to t

Beta of a share, Beta of a share Financial analysts often talk of the ...

Beta of a share Financial analysts often talk of the beta (b) of a share. We will describe what the beta signifies and the method commonly used to estimate it in this section.

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