Federal Acquisition and Contract Management, business and finance homework help

Business Finance

BUS-319: Federal Acquisition and Contract Management

“Contract Performance”

Per the text, both parties (e.g., the government and the contractor) have duties and responsibilities that accompany their new roles in contract performance. For the government, this relates to directing, administering, surveillance, acceptance and payment. Meanwhile, the contractors must perform all deliverables as stated in the contract.

1. From the e-Activity, select two (2) of the recommendations / advice for a new contract and evaluate the importance of each in contract performance. Provide a rationale for your response.

e-Activity website: https://www.sba.gov/contracting/what-government-contracting/your-responsibilities-contractor

Per the text, government has the right to examine and audit a contractor’s books, records, documents, evidence, and accounting procedures for up to three (3) years after final contract payment has been made.

1. Determine two (2) challenges that a contractor might face with the government’s right.

2. Suggest one (1) strategy that the contractor could take to mitigate the challenges in question. Provide a rationale for your response. Bottom of Form