Contract Performance, BUS 319 Principles of Federal Acquisitions Week 8 Discussion 1

  

Contract Performance” Please respond to the following: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. 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.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. Determine two (2) challenges that a contractor might face with the aforementioned government’s right. Suggest one (1) strategy that the contractor could take in order to mitigate the challenges in question. Provide a rationale for your response.
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Principles of Federal
Acquisition and Contract
Management
BUS 319
Contract Performance
Topics
• Government contract administration
• Financial aspects of contracting
• Audit of government contracts
• Managing contract changes
Government Contract
Administration and Controls
• Federal Acquisition Regulation subpart 42.2,
Contract Administration Services
• Contracting office administration
• Contract Administration Office staffing
• Assignment of contract administration and CAO
Government Contract Administration
and Controls, continued
• Supporting contract administration
• Contracting officer’s representatives




Primary duty
Limited power
Actions to avoid
Contractual changes
Government Contract Administration
and Controls, continued
• Management and control systems
• Total quality management
• Contractor performance information
Contract Financing
• Types
– Guaranteed loans
– Advance payments
– Progress payments
– Performance-based payments
– Partial payments
• Contract funding
Contract Financing, continued
• Contractor reimbursement
– Commercial advance payments
– Commercial interim payments
– Delivery payments
• Contract budget controls
PROPERTIES
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Audit of Government Contracts
and Contractors
• Government right to audit
• Records retention
Managing Contract Changes
• Permitted changes:
– Drawings, designs, or specifications
– Method of shipment or packing
– Place of inspection, delivery, or acceptance
– Description of services to be performed
– Place of performance
• Change orders
Managing Contract Changes,
continued
• Acquisition of replenishment parts
• Supplemental agreements
• Undefinitized contract actions
Managing Contract Changes,
continued
• Constructive changes
• Equitable adjustments
• Options
PROPERTIES
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Allow user to leave quiz:
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Summary
• Government contract administration
• Financial aspects of contracting
• Audit of government contracts
• Managing contract changes
Principles of Federal
Acquisition and Contract
Management
BUS 319
Contract Performance
Topics
• Engineering management
• Government property
• Quality assurance
• Procurement systems
Engineering Management
• System engineering management
• Configuration management
• Value engineering
Government Property
• Facilities
• Materials
• Special tooling
• Special test equipment
Government Property, continued
• Government property provided “as is”
• Financing government property
• Consideration for the use of government
property
Government Property, continued
• Contractor responsibility
• Government responsibility
PROPERTIES
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Allow user to leave quiz:
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Quality Assurance
• Contractor inspection
• Standard inspection
• Higher-level requirements
Quality Assurance, continued
• Responsibilities of contracting parties
• Acceptance of supplies and services
• Nonconforming supplies or services
Quality Assurance, continued
• Title, risk of loss, and liability
• Warranties
Procurement Systems
• Make or buy programs
• Subcontract management
• Contractor purchasing system reviews
Procurement Systems, continued
• Small business subcontracting program
• Teaming
PROPERTIES
On passing, ‘Finish’ button:
On failing, ‘Finish’ button:
Allow user to leave quiz:
User may view slides after quiz:
User may attempt quiz:
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Unlimited times
Summary
• Engineering management
• Government property
• Quality assurance
• Procurement systems

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