BUS 319 Principles of Federal Acquisition Week 3 Discussion 1

“Contracting Methods and Contract Types” Please respond to the following:

• Per the text, Adams states that the government currently awards contracts by the use of a so-called “sealed bid” process. Take a position as to whether or not this process is fair. Include one (1) example showing the fairness or unfairness of the process in question to support your response.
• From the e-Activity, compare the components of the incentive type of contract mentioned in the article that you read against the incentive contracting types referenced in Chapter 5 of your text. Expand on the difference(s) that you have found and give your opinion as to which component makes more sense.

• WEEK 3 E-ACTIVITY

  • Review this list of types of government contracts  –http://www.wingovernmentcontracts.com/types-of-government-contracts.htm. Focus on the components of the incentive contracts. Be prepared to discuss.

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preview of the answer..

Sealed bid contracts are an unfair method of selecting contracts. Contracts are aimed at establishing reasonable and attainable targets for the contractors, motivating efforts of different contractors, and discouraging contractors waste. The above three features refer to incentive contracts where the price of products are lowered or have been reduced. When sealed contracts …

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