Contract Management

Midterm Exam Cherie A Parker POTOMAC COLLEGE ? FAR 15.404-1(b) describes the methods of hurt abbreviation as: comparability of proposed values received in response to the accumulation; likeness of prior(prenominal) proposed prices and contract prices with current proposed prices for the same or uniform items, if both the validity of the comparison and the reasonableness of the earlier prices(s) sack up be established; Application of harsh yardsticks (e.g., dollars per pound) to highlight real consistencies that warrant additional pricing enquiry; Comparison with matched published price lists, published market prices of commodities, order indexes, and disregard or rebate commitments; Comparison with independent presidential term assessments; Comparison with prices obtained through market research for the same or similar items; and Analysis of pricing information provided by the offeror. The premier(prenominal) devil techniques argon the preferred techn iques. The steps one dexterity leave in doing comparison of the current bid to prior price paid for the same product or operate are: If we were buying the same type projector, it would probably be up to around $270 by now.

We dont real love much almost how the bulb changing gizmo works, hardly its probably a fairly round-eyed metal device made so an outside jimmy testament swing a new bulb into the need rank and make a new electrical match to forefinger the bulb. That device might add another $25 to the price, nip and tuck the new estimate to $295. This projector is mostly plastic. We retain a speck that plastic is cheaper than metal, and we adjust the estimate bring down by about $10, making the final e! stimate in the order of $285. We canvas this estimate of $285 to the actual asking price of $297. This buyer might decide the asking price is intimately enough to the estimate to be reasonable. The comparison described is both based on the buyers judgment and is removed from a tiny mathematical calculation. If the buyer is...If you want to arrest a unspoilt essay, order it on our website: OrderEssay.net

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