1 page/≈275 words
Business & Marketing
Principal of Federal Acquisition Management & Contracting Discussion (Essay Sample)
Discussing best practices, challenges and controls in government contract administration. 2 sources.source..
Principal Federal Acquisition Management and Contracting Discussion
Principal of Federal Acquisition Management & Contracting Discussion 8
The process of contracting is full of challenges. One of the challenges includes conflicts of interest in the solicitation, evaluation and awarding on contracts. Another challenge arises when there are changes or disputes in the contract. The problem of autonomy is also critical for a government administrator. Selecting the right contractor for the job or task at hand also constitutes a challenge to the contracting officer. However, these challenges can be mitigated. Concerning conflict of interests, it is important for a government administrator to exercise a level of autonomy (Hearn, 2011). Moreover, a government administrator can balance between personalities and the corporate objectives. An evaluation of the potential contractorsâ€™ past performance will be helpful in determining the most efficient contractor (Holmes, 2012).
A number of payments options are available for contractors. However, the best...
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