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

Why an erp system is good tool for developing and executing, Question (...

Question (a) Explain why an ERP system is a good tool for developing and executing production plans? (b) There are three general approaches to production namely: (I) Make

Definition, what is the definition for stock exchange

what is the definition for stock exchange

Information demand , Information Demand  Information services are need...

Information Demand  Information services are needed to provide information not only on demand but also in anticipation of its use. Often it will be necessary to repackage the

Meaning and characteristics - types of approaches, Meaning and Characterist...

Meaning and Characteristics: Meaning: The survey method primarily focuses on  the present. In nursing survey approach  is  used  to a great extent.  It  is  a non-experiment

Discuss the importance of having ilo standards on safety, QUESTION 1 De...

QUESTION 1 Describe the various methods that can be used at a place of work to ensure that the storage and handling of materials are carried out in an effective and efficient m

Increase in demand, Increase in Demand: Exponential growth in the volu...

Increase in Demand: Exponential growth in the volume of published information, increase in the number of users and availability of large number of online and C D - R OM  bibli

What is strategic management, QUESTION a) What is Strategic Management?...

QUESTION a) What is Strategic Management? b) With the help of a diagram describe the main elements of strategic management process c) Why strategy implementation often is

Key principles of total quality management, QUESTION (a) Medicines are ...

QUESTION (a) Medicines are much specialised form of consumer product. They must be safe, effective and suitable for their intended purpose. Quality Assurance (QA) in pharmaceut

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

WHICH TYPE OF DEPARTMENTALIZATION IS PRACTICED BY ADIDAS? ELABORATE

Practice of Management, Mr. Vincent the manager of a large supermarket was ...

Mr. Vincent the manager of a large supermarket was taking a management course in the evening program at the local collage. The professor had given an interesting but Mr. Vincent th

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