The subject is Federal Contracting 1You are a Contracting Of
The subject is Federal Contracting
1.You are a Contracting Officer’s Representative, and the Contracting Officer has given you a draft of what may be a unilateral change order. The first “ballpark” estimate judges costs may increase by $5-10M. Delivery will likely be set back by 3-6 months. Far more stringent inspection requirements will be involved. Experts within your agency disagree wildly on the impacts. You know the contractor has remedies if they judge the change to be outside the scope of work. How will you advise the CO to minimize delays to achieving contract outcomes beyond impact of the change itself?
2.You are a Contracts Administrator for a Government contractor. One of your engineering managers found an inconsistency in the specification on a FFP solicitation. He said the worst case could be a $3M loss for defaulting on the spec. You asked him what if the government modified the specs or the price after the award. He beamed, “My division will likely make $3M in profit!” Your CEO wants to win this one because it will lead to more orders from other agencies as well as commercial firms! What is your advice on how your firm should proceed?
3.You are a small business that has done some Government contracting so you know about FAR Part 49 regarding terminations. You have been approached by a large business to be a subcontractor to them on a new program. You are ecstatic! The subcontract document that they send you says that the prime contractor can terminate you for their convenience. Should you accept this term or not? Explain.
Solution
1)
Sir / Madam you are holding Contact Administrator position is to ensure that the government obtains the needed work on time and at the level of quality called by the contract and that the contractor receives proper compensation from ourself. This will ensuring to fulfill our contractual obligations. It is often necessary to change contract specifications when we do not reflect the current needs of the user or terminating the contract when the goods or services are no longer required. But we are having the work .
Our goal is to obtain goods and services needed by the government in the most efficient and effective manner. Since government contract involves public funds, the public interest must always be considered
The government often attempts to obtain performance within the contract price, while the contractor attempts to maximize profits by increases the price.
The key for good contract administrator is the establishment of t cooperative relationship.
We can encourage our cooperative behavior by contractors agencies required to evaluate their performance upon the completion of all contracts over $5m.
