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

Difference between dictionary and classified catalogue, Difference between ...

Difference between dictionary and classified catalogue: Of the many inner forms of a library catalogue, the most popular ones are the dictionary and classified catalogues. The

Nature of entries to be filed, Nature of Entries to be Filed   We have ...

Nature of Entries to be Filed   We have noted that catalogue entries are either word entries or notational entries. In a dictionary catalogue they are word entries. In a classi

Construct validity - major types of validity , Construct  Validity: I...

Construct  Validity: In  cqnstruct validity, the investigator  is  concerned with the questions  the  concept under investigation being adequately measured? Is  there  a valid

Please value the company with a dcf analysis, LogicSoft Inc., a start-up th...

LogicSoft Inc., a start-up that provides enterprise logistic software to transportation companies, is in negotiations with a new customer for a sales contract.  The software is hig

Classified part - classified catalogue, Classified Part  It is the arr...

Classified Part  It is the arrangement of entries of documents by class number that gives the systematic and structured display of subjects in a classified catalogue. It maps

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

Management Principals, Please quote on 5 case study questions and 6 sub que...

Please quote on 5 case study questions and 6 sub questions

Requirements of shopping , Requirements of shopping  Let us now look at...

Requirements of shopping  Let us now look at the requirements for shopping:  The value of the work or goods should be of a lesser value and the nature of business should

State two reasons for establishing a marcom plan, Question: (a) Th...

Question: (a) There are different types of advertising strategies adopted by Organizations in order to increase their sales force. The strongest advertising strategies

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