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

Meaning and Purpose of Education, What is the meaning and Purpose of Educat...

What is the meaning and Purpose of Education in this age of technological advancement?

Ratio measurement - levels of measurement, Ratio Measurement: Ratio le...

Ratio Measurement: Ratio level is the highest level  of  measurement. They  are  distinguished from internal scales  by  virtue of having an absolute zero. Ratio scale provide

Managing variability, McM Cog is a supplier of industrial parts.  Most orde...

McM Cog is a supplier of industrial parts.  Most orders are received at a call center. The call center currently has 10 phone lines total, i.e., a maximum of 10 callers may be in t

Data synthesis and analysis, Data Synthesis and Analysis: Organize th...

Data Synthesis and Analysis: Organize the data  Relative value of various sources must  be weighed  Problems about inconsistencies must be  resolved.  Make objective

Important qualities and skills required of negotiators, QUESTION 1 Nego...

QUESTION 1 Negotiators are likely to make systematic errors while processing information. Discuss the cognitive biases that are likely to hold back the performance of negotiato

Hacker, Hacker Hacker is one who delights in having an intimate underst...

Hacker Hacker is one who delights in having an intimate understanding of the Internet workings of a system or computers and computer networks in particular.

Self-managed teams, In these teams the members themselves will not only per...

In these teams the members themselves will not only perform the work but also monitor, measure, and manage their performance.

Quantitative techniques, describe the quantitative techniques in public sys...

describe the quantitative techniques in public system management

History of project management, H i story of project management While ...

H i story of project management While quality management was developing, around the same time a number of events led to the need for better project management. In the 1950?s

Characteristic of integrated solid waste management, Q. Does fca acquire in...

Q. Does fca acquire into account all characteristic of integrated solid waste management? Yes. FCA is in relation to know all the actions that communities begin in their solid

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