The Procurement ClassRoom

FEBRUARY 15, 2016

A contract is a written agreement, enforceable by law, between a procuring entity and a supplier , contractor or service provider for the provision of goods , works or services. Preparation for contract administration begins with planning , which should begin during the bidding and selection process. Where does it start?

Contract Administration 40

Contract Administration Contract Supplier Procurement 40

Procurement Notes

OCTOBER 10, 2022

Alternatively, maybe the contractor can speed up delivery, assume risk of loss, make a quality improvement or otherwise perform a value-add, take on additional tasks, provide a better warranty, confer more intellectual property rights, provide free storage, give more transition support in off-ramping the contract, etc.

Government 40

Government Government Price Contract 40

Select GCR

JANUARY 28, 2025

Cost reimbursement contracts offer flexibility for unpredictable expenses, with variants that incentivize performance without financial hardship for contractors. Indefinite Delivery, Indefinite Quantity (IDIQ) contracts enable government agencies to adjust procurement according to evolving needs while managing uncertainty effectively.

Government 52

Government Government Contract Price 52