Evaluating Contracts
Create a six to eight (6-8) page paper in which you:
1. Compare and contrast fixed-price contracts and cost-reimbursement contracts in terms of the benefits and drawbacks of each for your business.
2. Analyze at least three (3) opportunities your small business will have compared to large businesses in general.
3. Discuss which element(s) of cost-reimbursement contracts tend to produce the biggest troubles for your small business. Provide a rationale for your choice(s).
4. Determine which form of contracting would benefit your business the most among all the forms of contracting described in Chapter 16. Support your response.
5. Choose the most significant form of contracting that would support large companies (e.g., Boeing) among all the forms of contracting described in Chapter 16. Support your response.
6. Develop a plan on how your company would justify the government to award your company the contract when the form of this contracting supports larger companies.
7. Use at least three (3) quality academic resources
Your assignment should follow these formatting requirements:
• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format.
• Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are excluded in the required assignment page length.
The specific course learning outcomes are:
• Compare and contrast fixed-price contracts and cost-reimbursement contracts.
• Examine other contract types commonly used in federal contracting.
• Use technology and information resources to research issues in contract administration and management.
• Write clearly and concisely about contract administration and management using proper writing mechanics.