Wednesday, October 9, 2019
Contracting With the Federal Governemnt Essay Example | Topics and Well Written Essays - 500 words
Contracting With the Federal Governemnt - Essay Example There are two negotiation styles competition and cooperation. Cooperative involves forest contracts that are long-term with ongoing relation to the contractor (Frey & Frey, 2001, p. 18). Government contracts in sealed bidding are competitive when the relevant requirements are clearly complete and accurate. An invitation made to bid is the method used in sealed bidding. It includes the condition of purchase, payment, packaging, shipping and delivery all these are to be submitted before the deadlines the designated invitation time for will allow the bids to be available at the purchasing office. The bids are then read to the buyers and recorded. The contract is then awarded to a low bidder who is determined by what the government needs and what the agency has to offer (Frey & Frey, 2001, p. 150). Changes in the contract- The needs of the state change regularly, the contracts, have a clause that authorizes the government to change the terms of the agreement that can steer the contract the way the government wants, but within the borders of the agreement. If the contractor does not agree to these changes or be flexible for them, then, the contract can be terminated (Frey & Frey, 2001, p. 450). The benefits derived from the microfinance are accessible; since banks do not give small size loans with this the individuals are able to get loans to get cards from banks that they can use to finance their
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