Bidding process for the contract

Assignment Help Accounting Basics
Reference no: EM13764710

The purpose of the Discussion Board is to allow students to learn through sharing ideas and experiences as they relate to course content and the DB question. Because it is not possible to engage in two-way dialogue after a conversation has ended, no posts to the DB will be accepted after the end of each unit.

Your supervisor came into the office in the late afternoon very upset.  He informs you and the negotiation team that he attended a meeting that morning with the contracting officer for the contract that you and your team prepared. Your supervisor learned that the government agency wants a third revision on the cost associated with the proposal. The proposal is in the preaward final round, and the cost adjustment is due to an economic price adjustment clause in the contract; therefore, a modification is required to remain in the running for the bid. The supervisor does not want to lower the costs at all; however, knowing that if you turn down the opportunity, it may black ball you from future upcoming possible RFPs. The supervisor asks you and the negotiation team to conduct an analysis of whether this contract would be feasible or not. 

  • In your opinion, can you justify the contractor officer's request for a modification? Why or why not? Explain in detail.
  • What do you think would be the reasons for the supervisor to continue with the bidding process for the contract? Explain.

Reference no: EM13764710

Questions Cloud

Religious freedom : Your mission (should you decide to accept it) is to read the attached article (published before the Supreme Court's decision last June), and then to research several other articles on this case, and on the recent controversies surrounding the "rel..
Break-even sales volume and dollars : What is the break-even sales volume and dollars for each nut?
Examine the challenges associated with searching in textual : Your company has been hired to design a product that will provide searches of textual documents and database querying. Your design team has not developed a product like this before. Examine the challenges associated with searching in textual docum..
Why do governments impose tariffs : Why do governments impose tariffs? Name five goods that the United States imposes tariffs on. What is a foreign trade zone? Why are FTZs formed? Name and describe five Foreign Trade Zones.
Bidding process for the contract : In your opinion, can you justify the contractor officer's request for a modification? Why or why not? Explain in detail. What do you think would be the reasons for the supervisor to continue with the bidding process for the contract? Explain.
Evaluate how well the organizational structure works : How does the structure relate to the particular sector that the organization is in -
Define business strategies for implementation : Create an implementation plan for your organization, a project from the websites such as or a state RFP site.
Report for cost of goods manufactured : Agale Combines, Inc. has $40,000 of ending finished goods inventory as of December 31, 2014. If beginning finished goods inventory was $25,000 and cost of goods sold was $75,000, how much would Agale report for cost of goods manufactured?
Are poor countries somehow different than wealthy countries : Are poor countries somehow different than wealthy countries - How can firms and markets increase the wealth of poor countries? Be sure to address each question in the problem.

Reviews

Write a Review

Accounting Basics Questions & Answers

  The dates of importance in connection with cash dividend

the dates of importance in connection with cash dividend declared and paid of 69500 on a corporations commmon stock are

  On january 8 the end of the first weekly pay period of the

on january 8 the end of the first weekly pay period of the year royal companys payroll register showed that its

  On january 1 2006 sooner or later inc granted 1000

on january 1 2006 sooner or later inc. granted 1000 at-the-money employee stock options. to align the compensation of

  Bck inc and rtk inc are owned by the same family bcks

bck inc. and rtk inc. are owned by the same family. bcks marginal tax rate is 25 and rtks is 40. bck is about to incur

  Determine the bonds issue price

The bonds have a $20,000 par value, an annual contract rate of 10%, and mature in 10 years. Required For each of the following three separate situations, (a) determine the bonds' issue price on January

  Determine whether each of the ollowing independent

1. determine whether each of the ollowing independent statements best applies to a defined contribution plan dcp a

  Webster inc carries the following marketable equity

webster inc. carries the following marketable equity securities on its books at dec 31 2007 and 2008. all securities

  On january 1 2009 eagle company purchased 15 of the voting

on january 1 2009 eagle company purchased 15 of the voting common stock of frank corp. on january 1 2011 eagle

  Compute the weighted-average accumulated expenditures

Compute the weighted-average accumulated expenditures on Laserwords' new building during the capitalization period.

  Identify a company that is using a multimarket strategy

identify a company that is using a multimarket strategy. post a one-two paragraph summary that describes the overall

  An investment of p dollars now will yield cash inflows of

an investment of p dollars now will yield cash inflows of 3000 at the end of the first year and 2000 at the end of the

  Equivalent units produced of direct material

Assume this company uses the FIFO method of process costing and direct material is added uniformly throughout the process. What are the equivalent units produced of direct material?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd