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will include contract financing. Which type of financing should you consider first?[Identify the types of contract financing applicable in non-commercial acquisitions.]Performance-based payments
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Chapter 11 / Exercise 11.9
Business: Its Legal, Ethical, and Global Environment
Jennings
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Progress payments based on percentage or stage of completionAdvance paymentsLoan guarantees8) According to Dr. Ashton Carter, (then Under Secretary of AT&L) in his September 2010Memorandum for Acquisition Professionals, what should be the basis of negotiations forall fixed price contracts that provide contract financing?[Identify the conditions for usingperformance-based payments and progress payments.]
9) For contracts where performance-based payments (PBPs) are the form of governmentcontract financing, all but which of the following pieces of information must be included inthe special provision to the contract?[Select the appropriate non-commercial contractfinancing terms and conditions for a given contract (performance-based payments andprogress payments).][Remediation Accessed :N]Period of performance for the contractEvent completion criteria
10) You award a $2,000,000 contract to a small disadvantaged business. The contractincludes a progress payment rate of 90%. One month after award, the contractor submitshis first progress payment request with total incurred costs to-date of $250,000. How muchis the contractor eligible to receive?[Calculate the appropriate contract financing paymentamount for performance-based payments and progress payments.]

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We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Business: Its Legal, Ethical, and Global Environment
The document you are viewing contains questions related to this textbook.
Chapter 11 / Exercise 11.9
Business: Its Legal, Ethical, and Global Environment
Jennings
Expert Verified

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