Take a moment to consider what details you have uncovered by working on your course project. There may be some activities that would be better handled by a vendor as opposed to an internal or consultant-based project team. If necessary, what type of characteristics/qualities would you look for in a vendor?

 

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For the following question, match contract sample with the correct procurement contract. TLP Inc. purchased spam. software from KLS Industries in the amount of $30,000. The services provided included the software, customization, installation and training. Jamie hired Dan to transform his garage into a loft for his new rock band. Jamie offered Dan $500 in addition to their agreed upon $3000 if he finished before the deadline. After design and construction of a home patio/deck, the buyer received a final bill that covered the building materials and $2000 for 20 hours of work. Rachel just finished an interior design project for her client. She is completing an invoice that covers all material costs 1. Cost Reimbursable Contractor Cost-Plus Contract 2. Time and Material 3. Fixed Price 4. Fixed Price with Incentive For the following question, match contract sample with the correct procurement contract. TLP Inc. purchased spam. software from KLS Industries in the amount of $30,000. The services provided included the software, customization, installation and training. Jamie hired Dan to transform his garage into a loft for his new rock band. Jamie offered Dan $500 in addition to their agreed upon $3000 if he finished before the deadline. After design and construction of a home patio/deck, the buyer received a final bill that covered the building materials and $2000 for 20 hours of work. Rachel just finished an interior design project for her client. She is completing an invoice that covers all material costs 1. Cost Reimbursable Contractor Cost-Plus Contract 2. Time and Material 3. Fixed Price 4. Fixed Price with Incentive

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Cost Reimbursable Contractor CostPlus Contract After design and constr... View the full answer