Primary Government Contract Types There are three primary types of government contracts: fixed price, cost reimbursable and time and materials. Fixed price contracts have a negotiated price that remains the same over the life of the contract so the amount you will be paid remains the same. Cost reimbursable contracts involve the government paying for the actual cost to complete the work. Cost reimbursable contracts have a variety of schemes for providing a fee or profit to the contractor. Time and materials contracts have agreed to rates for labor and materials that do not change over the contract and are billed as incurred. Time and materials contracts can have annual escalation rates incorporated in them to reflect increasing costs. Cost Plus Incentive Fee (CPIF) A cost plus incentive fee contract is one where the vendor is reimbursed for costs incurred plus fee based on a formula tied to costs. The fee formula can vary and is normally designed to encourage the contractor to keep costs down.

rimary Government Contract Types

 

Sarbanes Oxley Act - Essay Example porting, whistleblower policy, internal policies on executive loans and compensation and external auditor independence can have a positive impact on the nonprofit entity as it contrives to preserve and, even, enhance the trust and confidence the public and its community have on its nonprofit activities. Small businesses, on the other hand, have pointed out the prohibitive costs of implementing the SOX requirements and that the benefits derived from implementing these requirements are much less than these costs. However, there is also positive impact of SOX requirements on small businesses. Small business owners who adopt the SOX requirements may find their competitive advantage increasing, easier access to new capital or loans, more efficient handling of family-related governance issues and an increased opportunity to deter, discover and deal with fraud.

The market trends in the UK clothing industry - Coursework Example This research will begin with the statement that clothing in the UK market is dominant by the large retail stores that provide major sales to this industry. There is generally one influencer in the market that owns the market share in the UK clothing industry, for example, Philip Green owns 12 percent of the UK clothing market. Since the dominance in the clothing market is by the major retail stores hence the prices of quality clothing has increased in the UK which has provided an opportunity to bring in to the market the clothing that is of high quality but at affordable prices. This need for affordability of prices and quality clothing has increased the demand for such products in the UK market. Also because the major retail stores tend to cater to the market for personalized service that too is becoming marginalized. The market trends in the UK clothe industry show a growing trend. As reported that the market for clothes has increased by 10% between years 2004 and 2008.

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