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We can conclude that contracting does have many benefits which are mentioned below:
? Division of labour.
? Synergy of expertise.
? Sharing of risks.
To avoid the negative aspects of contracting closed attention must be given to the following:
? Selection of efficient contractors.
? Clear evaluation of bids.
? Accurate measurement and control of contract performance.
Rules of thumb for a competitive negotiation: Stick to your planned target and walk away points. You are likely to get a better overall deal if you make a larger nu
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