Compare and contrast bilateral and unilateral modification

Reference no: EM131188834

Imagine you are administering a construction contract. The contracting officer informs you that there is a conflict over the interpretation of one of the architectural drawings / elements as displayed in the contract drawings. The contracting officer relates that no further work can be performed on the contract until the dispute is resolved. As the contract administrator, determine which modification type (bilateral or unilateral) should be used to suspend work until the dispute is resolved and explain why.

Compare and contrast bilateral modification and unilateral modification. Provide an example or scenario of each that clearly demonstrates how each modification type is used.

Reference no: EM131188834

Questions Cloud

Explain what archimedian principle states : The cylindrical buoy of diameter 60 cm in Fig. 43 is floating in water with its axis vertical. When depressed downward in the water and released, it vibrates with period 2 sec. What is its weight?

Evaluate the requirements for the court of federal claims : Evaluate the requirements for the Court of Federal Claims to hear a complaint and give your opinion on which requirements are justified, which are not, and which additional requirements would be advisable. Explain what, in your opinion, makes thes..

Prevent the collapse of enron : Discuss what non Enron professionals could have done to prevent the collapse of Enron?

Determining the net present value : If the going rate of interest is 10%, using net present value, advise the firm as to which of the two methods (buy or hire) should be used to obtain the printer.

Compare and contrast bilateral and unilateral modification : Imagine you are administering a construction contract. The contracting officer informs you that there is a conflict over the interpretation of one of the architectural drawings / elements as displayed in the contract drawings. The contracting offi..

Writing a project proposal to gain funding from donor : Description As a sustainable tourism expert working for a not-for-profit organisation you are writing a project proposal to gain funding from an external donor. The focus of the funding program is on tourism projects that build on local priorities..

Explain whether the contract modification methods : Give your opinion as to whether the procedures in government contracting provide a foolproof method of ensuring that all parties receive adequate notice of changes to a contract. Explain whether the contract modification methods available are effe..

Physical activity during pregnancy is beneficial : Physical activity during pregnancy is beneficial. What are some ways activities can be modified to maximize safety for mother and baby?

Adverse outcomes arising from the problem : Think of an example of the principal-agent that you experienced first-hand or read or heard about. What factors led to the problem? Were there serious adverse outcomes arising from the problem?

User Account

All Pages