BUS330 Contract Admin and Management
Week 9 Discussion
– Forms of Contracting
Prepare
Review the following resources:
PMP Study: Types of ContractsLinks to an external site..
Government Contracting: The Basics [PDF] Download Government Contracting: The Basics [PDF]. Read the sections on basic small-business programs.
Respond
Please respond to the following:
Among all the forms of contracting described in Chapter 16, determine which one you believe would benefit the small-business owner the most. Apply this to a small business in your community.
What would you consider to be the advantages and disadvantages of fixed-price contracts and cost-reimbursement contracts for both the contractor and the government purchasing agency? Use the same business you chose in the first part of this discussion.
Be sure to respond to at least one of your classmates’ posts.
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