Question: Please do not copy and paste from the previous answer, it is incorrect!!!! Armscor is the acquisition agency for the Department of Defence (DOD). They

Please do not copy and paste from the previous answer, it is incorrect!!!!

Armscor is the acquisition agency for the Department of Defence (DOD).

They are in the process of procuring materials for the department of defence, the payment contract that has been identified for the deal is a: Time and Material Contract.

Please discuss this payment contract type and its contractual risks for the above-mentioned project (50 Marks)

This question requires a 3 full page answer.

Please Take your time and answer the question in a detail form, it counts for many marks!

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