Essay on Contract Administration

Introduction to Federal Contracting 339 Scenario Essay Topic 2 Invoicing blunder, contractors often make when working with the presidential term. Contractors often make deem mistakes that cost the company millions of dollars each year; contractors and employees are speak to with submitting payments and inputting the wrong numerical routing department number on green bet on and this go off cause problems to contract agreements and even embarrassment to the company. To prepare invoice problems, should the government enforce a tougher penalty for contractors? dyad to The Prompt Payment Act, government contractors are essential to pay within a sealed time frame. government activity contractors often make mistakes on their invoices For instance, the financial someone who changees the information is responsible paradeing the payment and has no way of hump if the data is incorrect. The detection officers should have this information and if they dont have th e proper information, the responsibility falls on the espial officer. The clerical person responsible for wait oning payments doesnt normally care whether the contractors get paid or not. Their goal is to process the paperwork and move on to the next contract.

If its correct, then it is bam back to the contracting manager and if it is not, then it is processed. In fact, forming a form department and forming periodic audits on contracts and during the billing process can be an added value to contracts. Perform risk synopsis of contracts to nail down which ones to audit. Because of limited resources, it may be impractical or impracticable to aud! it all contracts. Resources may need to be turn on new contractors and contracts over a certain amount. different factors to consider may be the complexity of the contract, token of project, splendor or sensitivity of the project and regulatory issues is to be considered. In addition all of these benefits fall under the comprehensive of effectively managing...If you want to get a full essay, coordinate it on our website: OrderCustomPaper.com

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