Download or read book Streamlining the Contract Closeout Process written by James Valovcin and published by . This book was released on 1996 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary purpose of this thesis is to review the management of the contract closeout process (primarily within the Defense Contract Management Command and selective Department of the Navy contracting activities) and determine if it is performed in an effective and efficient manner. The frequency of occurrence and level of difficulty of the fifteen contract closeout steps listed in the Federal Acquisition Regulation (FAR) were assessed and analyzed. Secondary objectives include identifying the areas that impede the process and/ or are neglected throughout the process and the ramifications thereof. Finally, recommendations are presented for a "streamlined" approach to the contract closeout process that can be applied throughout the entire contract administration cycle.
Download or read book Applying Continuous Process Improvement to the Contract Closeout Process written by Daniel J. Motherway and published by . This book was released on 1993 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this study is to streamline the contract closeout process through the application of continuous process improvement techniques. A methodology for the identification of procedures involved in the process and problem areas in the process was developed. Available literature was reviewed and personal interviews were conducted to develop a model of the contract closeout process and to identify problems in the contract closeout process. Continuous Process Improvement procedures were applied to the contract model and the problems identified to eliminate the problems and increase the efficiency of the process. Recommendations included: increasing the priority placed on the close out of U.S. Government contracts, development of an automated system for the close out of U.S. Government contracts, development of a training program in the contract closeout process, improvement of communications between organizations involved in the contract closeout process, and application of continuous process improvement procedures to reduce the time required to close out U.S. Government contracts. Streamlining the contract closeout process.
Download or read book The Financial Impact of the Untimely Contract Closeout Process and Recommendations for a Streamlined Approach to Improving the Process written by and published by . This book was released on 1990 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this thesis was to research the financial impact of untimely contract closeouts. The contract closeout procedures at a Navy Contracting Activity and one of its corresponding Paying Activity's were reviewed. The data analysis from a sample of contracts indicated that a possible financial impact does exist. The following reasons for untimely contract closeout were cited: (1) lack of emphasis on the closeout process by management, (2) lack of communication between the contracting and paying activities, (3) non-use of available automation, and (4) lack of knowledge of the adverse financial effects of the closeout process. The thesis provides recommendations to correct these reasons in addition to a final recommendation to develop a Data Base Management System (DBMS). The DBMS recommended requires that it be utilized from the inception to closeout of the contracting process.
Download or read book Managing the Contract Closeout Process written by and published by . This book was released on 1992 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary objective of this thesis was to review the closeout process within DoD activities and determine how the process might be made more efficient. Secondary objectives include identifying the problems in the current process and determining the impact of failure to close out contracts in the time frame stated in the Federal Acquisition Regulation (FAR). Finally, a Contract Closeout Process Summary has been developed as a by-product of this thesis. This guide can be utilized as a training aid or procedures manual.
Download or read book Contract Closeout written by Carolynn J. Schneck and published by . This book was released on 2019-06 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this joint applied project was to investigate and provide a comprehensive overview of current cross-organizational contract closeout practices. The goal of this project was to identify, compare, and document methods utilized and determine whether or not Regional Contracting Office-Hawaii (RCO-HI) may leverage established best practices. To mitigate the current problem of excessive overaged Army contracts, the following questions were asked: 1. Are other local contracting offices leveraging best practices to meet Federal Acquisition Regulation (FAR) contract closeout timelines? 2. If so, can RCO-HI benefit by incorporating those best practices into the current closeout process? 3. What improvements, if any, are necessary to improve RCO-HI's closeout process? Information was gathered through survey questionnaires targeted to acquisition professionals. In addition, a literary review provided potential best practices and tools capable of improving RCO-HI's current closeout process. This research project is an additional resource in the continued effort by RCO-HI to improve processes and reduce risks associated with overaged contracts.
Download or read book Contract Management written by Alain Brunet and published by Springer Nature. This book was released on 2021-07-30 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the latest findings relating to behavioral economics and the digital tools applied to contract management. There has been a decisive change in the role of contracts in the past decade, with contracts being transformed from purely legal necessities designed to protect against worst-case scenarios into tools for optimizing ongoing and mutually profitable business relationships with customers. There is an increasing emphasis on tight contracts, where time-risk and additional costs are passed on to the prime contractor, who may suffer heavy penalties in the event of non-performance. Contracts shape the behavior of the parties involved and as such have a major impact on project success. The contract manager’s goals are to protect the interests of the company and its shareholders by minimizing the company’s financial and contractual liabilities and to maximize its profitability while ensuring end-user satisfaction. The contract is usually written before the design is fully developed, and there is often a mismatch between contractual specifications and what the customer actually wants. Good contract management entails preserving the rights of the contractor by ensuring all parties respect their contractual obligations; providing advice to the project managers and engineering team; preparing profitable amendments to contracts or change requests; maintaining good record-keeping in the event that claims arise; filing notices when necessary; and guiding the project to a profitable conclusion. Like the ancient Chinese game of Go, moves made early in the game (notification of events) can shape the nature of a potential conflict one hundred moves later (arbitration threat). Contract management can also smooth the relationship between partners, allowing well-balanced “don’t-trade-a-dollar-for-a-penny” contracts to be managed through an established process rather than as sporadic events (we cannot claim to be in control of our business if we are not in control of the contracts on which it depends). Managing a contract with a mix of incomplete manuals, fragmented information, and poor planning can drive companies to “reinvent the wheel.” Contract management promotes a three-phase sequence to streamline information flows across the contract lifecycle, from the bid phase to performance, project closeout, and final payments.
Download or read book Foreign Military Sales written by Kristin Acquavella and published by . This book was released on 2000-12-01 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1968, the Foreign Military Sales Act was written with a primary objective of facilitating the common defense by entering into international arrangements with friendly nations. Shrinking defense budgets have shaped an industrial base that is dependent on foreign markets in order to survive. Both the Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS) provide detailed guidance for negotiating contracts with foreign countries and stipulate that U.S. laws apply regardless of foreign policy. The FAR also provides the procedural requirements for the contract closeout process. Often the process is not completed in a timely or proper manner, resulting in noncompliance with contract closeout time frames, increased backlog, dissatisfied customers and significant monetary ramifications. The primary purpose of this thesis is to review the management of the contract closeout process and analyze it using process innovation tools. The FAR lists 15 specific Administrative Contracting Officer contract closeout steps that must be completed once a contract is deemed physically complete. Those steps are depicted using KOPeR methodology to identify process pathologies and shortcomings. Further, it develops two redesign alternatives that offer good potential to further streamline the process.
Download or read book Conducting Contract Closeout written by National Contract Management Association (U.S.) and published by . This book was released on 1991 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Simplifying and Streamlining the Federal Procurement Process written by United States. Congress. House. Committee on Government Reform and Oversight. Subcommittee on Government Management, Information, and Technology and published by . This book was released on 1996 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Conducting Contract Closeout written by National Contract Management Association Staff and published by . This book was released on 1993-07 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the various aspects of contract closeout to assist contract managers throughout the closeout process. It covers far requirements, specific contract terms, payment provisions & file & storage disposal. Case studies are also included to illustrate the key aspects of this vital function of contract management.
Download or read book Conducting Contract Closeout written by National Contract Management Association (U.S.) and published by . This book was released on 1991 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Administration of the Contract Closeout Process Within DOD written by and published by . This book was released on 1992 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book U S Military Program Management written by Gregory A. Garrett and published by Berrett-Koehler Publishers. This book was released on 2006-12 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: An indispensable resource for all defense industry professionals—governmental and commercial! Introducing the only book on the market offering valuable best practices and lessons learned for U.S. military program management The U.S. Department of Defense and the related defense industry together form the largest and most powerful government and business entity in the world, developing some of the most expensive and complex major systems ever created. U. S. Military Program Management presents a detailed discussion, from a multi-functional view, of the ins and outs of U.S. military program management and offers recommendations for improving practices in the future. More than 15 leading experts present case studies, best practices, and lessons learned from the Army, Navy, and Air Force, from both the government and industry/contractor perspectives. This book addresses the key competencies of effective U.S. military program management in six comprehensive sections: • Requirements management • Program leadership and teamwork • Risk and financial management • Supply chain management and logistics • Contract management and procurement • Special topics
Download or read book Contract Management Body of Knowledge written by National Contract Management Association and published by National Contract Management Association. This book was released on 2023-01-07 with total page 1072 pages. Available in PDF, EPUB and Kindle. Book excerpt: A must-have reference for contract management professionals, the CMBOK presents what should be learned by contract managers and how they should learn it. The content was developed through a voluntary consensus process governed and administered by NCMA to promote the fair development of consensus. This consensus was established through a job task analysis survey of contract managers and working groups comprised of subject matter experts in contract management. The CMBOK is not solely for the benefit of contract managers; contract managers are not the only ones involved in contract management activities. Numerous stakeholders measure success or failure by contract performance. Knowledge of contract management and competent contract management processes directly impacts the success of contract performance. The seventh edition of the CMBOK is primarily driven by the changes to the Contract Management Standard™ (CMS™). In June 2022, the American National Standards Institute (ANSI) reaffirmed the NCMA CMS™ as an American National Standard (ANS). This ANS [ANSI/NCMA ASD 1-2019 (R2022)—see Annex] serves as the CMBOK’s foundational document to expand, refine, and reorganize contract management knowledge. The CMBOK provides further definition of the field of contract management; the framework for the body of knowledge; and the practices, lexicon, and processes of contract management. In addition, it provides procedural steps for contract management processes in general, as well as for specialized areas, including government or commercial contracting.
Download or read book World class Contracting written by Gregory A. Garrett and published by Esi International. This book was released on 1997 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: [This outsourcing] guide [is] supplemented with numerous process diagrams, best practices, sample forms, tools, and techniques that the practitioner will find relevant and valuable.... Companies and organizations worldwide have stepped up their contracting for goods and services with the intent of focusing more on their core business and allowing suppliers and vendors to do the other work. The marketplace is booming, and only those with a solid understanding of contract management will achieve ultimate success. -Back cover. Because contract management is first and foremost about building and maintaining successful business relationships, readers of [this book] will learn how to build such relationships by using proven contract management processes, tools, techniques, and documented best practices in contract management for both buyers and sellers. The book was written for business professionals involved in buying or selling products and services. This includes sales managers, contract managers, purchasing managers, financial managers, proposal managers, engineers, lawyers, project managers, mid-level business managers, executives, and other business professionals.... -Introd.
Download or read book Contract Negotiations written by Gregory A. Garrett and published by Wolters Kluwer. This book was released on 2005-01-01 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contract Negotiations: Skills, Tools and Best Practices discusses today's dynamic performance-based business environment in both the public and private business sectors. Contract Negotiations covers the important aspects of contract negotiation planning, conducting contract negotiations, documenting contract negotiations and contract formation. You'll find an engaging discussion of the competencies and skills that must be mastered to become a world-class contract negotiator. The book features a proven effective contract negotiation process, supplemented with numerous tools, forms, templates, case studies and best practices.
Download or read book Competitive Negotiation written by Ralph C. Nash, Jr. and published by Kluwer Law International. This book was released on 2011 with total page 1141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government procurement has evolved in the past decade and— it has become a system that encourages negotiations after the receipt of proposals. The process can be very elaborate or quite simple, and attorneys and contracting professionals must fully understand the source selection process and how requirements may be narrowed during the negotiations to gain or hold on to a share of the government contract business. Competitive Negotiation: The Source Selection Process, Third Edition is the result of the partnership of The George Washington University Law School Government Contracts Program and the CCH Business and Finance Group. It is a thorough text, examining conventional and alternative systems for competitive negotiations in light of current statutes, regulations and case law. It discusses the distinct steps and laws behind the negotiation process from the inception of the requirement for goods or services to the award of the contract and the debriefing of the losing offerors. Gain understanding of: The history of the award process and how the system has evolved Scoring techniques for selecting contractors Strategies used in oral and written negotiations Post-selection procedures Procedures initiated by the Federal Acquisition Regulation (FAR)to permit streamlining Techniques and tools to develop proposals that offer the best value to satisfy the call Decisional law and forums for challenging award contracts Draw on the insight given by the authors and— the pre-eminent authorities in government contracting and— the unbiased analysis of important case law and decisions provides an overview of the current legal environment and helps you put everything in perspective
