Verified Document

Federal Government Has Increased Its Presence In Essay

¶ … Federal Government has increased its presence in many ways in the last decade and has supplied much of the economy with its own purchases. These government acquisitions are important because they represent the collective buying power of the American people. The purpose of this essay is to examine the system of regulation that supplies the rules to government purchase entitled the Federal Acquisition Regulation (FAR). To demonstrate the practical usage of this regulation this essay will use four different types of contracts and investigate the details of these rules creating effective, efficient and accountable acquisition planning. Fixed Price Contracts

The FAR's Subpart 16.2 supplies the necessary information about these types of purchases. According to the text, " Fixed-price types of contracts provide for a firm price or, in appropriate cases, an adjustable price. Fixed-price contracts providing for an adjustable price may include a ceiling price, a target price (including...

Unless otherwise specified in the contract, the ceiling price or target price is subject to adjustment only by operation of contract clauses providing for equitable adjustment or other revision of the contract price under stated circumstances. The contracting officer shall use firm-fixed-price or fixed-price with economic price adjustment contracts when acquiring commercial items."
These types of contracts are useful in acquiring many services because it places much risk upon the contractor to meet the standards presented in this type of agreement. It also ensures that the contractor performs effectively and "imposes a minimum administrative burden upon the contracting parties."

Cost Reimbursement Contracts

Subpart 16.3 of the FAR provides the necessary rules and guidance on cost-reimbursement contracts. These types of contracts supplies the contractor for costs after they are completed. Estimates are used however for effective and…

Sources used in this document:
References

Ashline, L. (2012). Contracting 101: Cost Reimbursement and Cost Plus Contracts.Gov Win Network, 27 Mar 2012. Retrieved from http://govwin.com/lindleyashline_blog/contracting-101-costreimbursement-and- costplus/423992

"Federal Acquisition Regulation (FAR)." Viewed 3 May 2013. Retrieved from http://acquisition.gov/far/index.html

US Small Business Administration. "Federal Acquisition Regulations." Viewed 3 May 2013. Retrieved from http://www.sba.gov/content/federal-acquisition-regulations-far
Cite this Document:
Copy Bibliography Citation

Related Documents

Federal Government Has Expanded Through the Years
Words: 978 Length: 3 Document Type: Essay

federal government has expanded through the years to develop stronger political, social, and economic structures. Social and economic issues brought about by the social issues in years prior to the Civil War and the legislation in years after the Civil War in an attempt to resolve the issues expanded the authority of the federal government. The black race was enslaved in the South, but free in the North. The

Federal Government and Government
Words: 2047 Length: 6 Document Type: Research Paper

Franklin D. Roosevelt and the New Deal 1 and 2 The Least Favored from the New Deal The Impact of New Deal Helping the Future Generations The education system Welfare and Social Security Regional Development The Impact on Labor Standards Measuring the success of the New Deal Franklin D. Roosevelt and the New Deal 1 and 2 The New Deal measures as one of the greatest experiments of public policy in American history. This Deal was carefully designed by the

Federal Government and Employees
Words: 1556 Length: 5 Document Type: Essay

Rumors can be detrimental to any organization. There are four kinds of grapevine rumors that often lead to unnecessary gossip in any group setting. The first one is wish fulfillment and in this type of grapevine rumor, there is an identification of the hopes and wishes of the organization or company's employees. The second kind is bogey rumors. This second kind of rumor exaggerates the concerns and fears of employees. The

Alternative Discipline in Federal Government
Words: 1227 Length: 3 Document Type: Research Paper

Alternative Discipline in Federal Government The phrase "Alternative Discipline" (AD) is a newly characterized form of "Alternative Dispute Resolution," (ADR) found in the U.S. Federal Government. Discipline has been affixed in the United States of America's Federal Government through this facet. Alternative Discipline is immensely beneficial to the U.S. human resource management sectors. Alternative Discipline exists in various departments representing many departments as affixed in the state structure of growth and

Powers of the Federal Government
Words: 3036 Length: 10 Document Type: Essay

VIII. The "State Action" Requirement In the provisions of the Constitution that protect individual rights, primarily the application of the Fourteenth Amendment and the Bill of Rights, the acts that are prohibited require governmental involvement in some form and thus the Courts have fashioned a concept identified as state action. State action is distinguished from private action and the protection of the rights guaranteed in the Bill of Rights and applied

Government Policies and Market Issues
Words: 4350 Length: 15 Document Type: Term Paper

Few hospitals offered both the expertise and the necessary facilities. Location of the donor and the recipient also impacted availability. Human organs cool and degenerate quickly when removed from the donor. Transportation in the 50s, 60s, and 70s was in the early stages of rapid jet aircraft travel and was too slow for the transportation of organs. The donor needed to be in close proximity to the recipient which was

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now