Contract management

just two different way of saying the same thing, or are awards and inventive contracts different? (Points : 12) (TCO C) From the viewpoint of the buyer, why are award fees and incentive fees important in contracts? (Points : 12) (TCO D) Compare and contrast sole source and single source approaches to procurement. (Points : 12) (TCO D) Describe the typical work relationship between a project manager and a contract manager (TCO E) What is the purpose of creating a procurement SOW…

an agent for the other partners. The agency relationship that exists in a partnership creates express, implied or ostensible authority. The partners have an implied authority to sell and purchase property for the partnership as well as enter into contracts on behalf of the firm. The partners also owe mutual fiduciary duties to each other. These duties include the duty to render accounts, accountability for private profits, and a duty not to compete with the…

I. Introduction To examine the relevant facts and legal authorities with the aim of representing Greene's Jewelry Wholesale in a suit brought by them against Jennifer Lawson and Howell Jewelry World. Issues Was Jennifer Lawson employment terminated lawfully at Greene’s Jewelry Wholesale? In light of the confidential information available to her, is Jennifer Lawson culpable for breach of the confidentiality agreement? Equally, is Jennifer Lawson culpable for breach of covenant not to compete? A.…

Construction Contract Contract can be defined as a written or oral mutually binding promise which is agreed between two parties based on a certain conditions and policies. Construction contracts normally form by at least two reciprocal promises: the contractor promises, which refer to accomplish the works stated in the contract, and the client promises, which undertakes the owner to pay the contractor for carrying out the works agreed in the contract. In addition, the contract generally…

Question 1 Silence cannot be considered a form of acceptance in contract law, in Felthouse v. Bindley (1862), after small negotiations over a horse, the claimant was willing and offered to buy the horse from the nephew. The claimant wrote, “If I hear no more about him, I consider the horse mine at £30.15s” (Duxbury, 2008). The horse was said to be withdrawn from the auction but 6 weeks down the line Bindley, the defendant, accidentally sold the horse at the auction; then the claim was formed.…

SHOULD WE KNOW ABOUT CONTRACT? ......3 2. PROJECT CLAIM MANAGEMENT…………………….4 3. BASIC STEPS- CLAIM MANAGEMENT……………….5 4. OBJECTIVES OF CLAIM MANAGEMENT…………….7 5. CLAIM MANAGEMENT- BEST PRACTICES………….8 6. INPUT/T&T AND OUTPUT………………………………9 7. CONCLUSION…………………………………………….10 8. REFERENCE……………………………………………....10 WHY SHOULD WE KNOW ABOUT CONTRACT? Let’s consider we are managing a project, which can be a smaller project or complex type project. Before proceeding to the process of contract we should…

and Keeler was an acceptable exercise of management's rights because of at will employment. The management will dismiss by leader for any reason without having to ascertain simply cause for termination and abruptly. If Drake and Keeler are acknowledged as workers at will, the workers are denied any claim for loss ensuing from dismissal. Since there's no mention of a union contract or employment contract that guarantees employment to the worker for a amount of your time, the leader has the power…

TBA: Klamath Project Draft C Flume Repayment Contract (OR/CA): Reclamation anticipates that the Klamath Irrigation District (KID) will sign a $7.45M loan repayment contract. The public comment period closed May 31, and the KID board of directors have indicated they will sign the contract shortly thereafter. Mid-Pacific Regional Director David Murillo will then sign the contract for Reclamation. KID has received bids for the construction work and has selected a preferred contractor. Site work is…

Hedging Crops with Futures Contracts When first introduced to the idea of hedging with future contracts, it can be intimidating to say the least. The jargon of trading, images of Wall street, and complex trading practices come to mind that a farmer with a crop of corn or wheat might never have imagined any involvement with. These images are not what hedging is about, however. Hedging can be reduced to several very basic steps, and once understood it can be a tool that offers great benefit…

Usually, suppliers cannot end the contract because of the extreme cost, risk and disruption resulting to the buyer. Basicly, suppliers may have the right to terminate the contract only due to the failure of the contracting party to pay the amounts owed to the supplier. When the parties have come to terms about the termination of the agreement the contracting company might want to take services or activities back-sourced, as well as, can enter into contract with another outsourcing…