Examine the manner in which termination for default can be categorized as both a cost savings measure and a creator of additional cost. Provide one (1) example to support your response.
Conclude the manner in which the termination for default clause impacts contracts when it is also both a cost savings method and a creator of cost mechanism. Provide a rationale for your response.
Provide your opinion as to whether or not the Contract Disputes Act overlaps the FAR's Standard Disputes clause. Justify your position.
Suggest language that would merge the two (2) acts, thus streamlining the dispute process and making it timelier.
Predict two (2) ramifications of a failure to terminate the entire contract and opting to engage in a partial termination. Compare and contrast the major differences between a partial termination and a deductive change. Provide two (2) examples that depict the necessity of each of these types of termination clauses.
Debate whether or not the contracting officer holds too much power where the awarding of government contracts is concerned. Propose a checks-and-balances system that provides two (2) standards for ensuring that the contracting officer: a) does not have the sole choice in vendor selection; and b) is not in a position to be enticed to award a contract that would invite impropriety. Provide a rationale for your response.
Use at least five (5) quality academic resources in this assignment.