. Analyze the opportunities for small businesses and compare them to the opportunities for big businesses
In the U.S, THE Nuclear Regulatory Commission (NRC) is responsible for ensuring that small businesses including those belonging to minority groups are given the minimum practicable contracting opportunities. The agency negotiates for contracts on behalf of the small businesses. In addition, the agency organizes business seminars for small businesses encouraging them to explore the market place. On the other hand, opportunities for big businesses differ. Most Latin American companies are facing unfair competition because their markets are not protected. As a result, there will ...
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3 samples of this type
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The Perfect Contract
A review all contract types discussed in Chapter 5
Most government contracts are awarded through a process that involves competitive bidding. This process is always headed by a government’s contracting officer. The officer conducts the bidding process through negotiated procurement or sealed bidding. There are two general categories of contract types. This includes: cost-reimbursement and fixed price contracts, (Hearn, 2011). Different types of contracts are defined by different obligations, rewards, incentives and expectations for both the government and the contractor. The contract also defines the following:
i. The timing and degree of the responsibility afforded to the contractor
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The simplified acquisition method that I believe will fit my company best is The Government wide commercial purchase card. This is because this acquisition method is authorized for use in making payments for purchases of services, supplies, or construction. Agency procedures are, therefore, supposed to encourage the use of this card in greater dollar amounts (like $500,000) by shriveling officers to pay for purchases and to place orders against contracts. The main reason why I think this method will fit well with my company is because it allows greater amounts of cash and also it is involved in ...
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