In extreme cases the agency can have another firm perform the services or

In extreme cases the agency can have another firm

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services performed. In extreme cases, the agency can have another firm perform the services or deliver the goods and charge associated costs to you. Section F. Deliveries or Performance This section defines how the Contracting Officer will control the work performed and how you will deliver certain contract items. This section: Addresses clauses incorporated by reference including the place of Delivery or Performance which is typically the agency site although some work may be performed at the contractor location depending on the contract. Highlights specific deliverables stated in the contract and expected by the agency within a certain time period. Lists the Period of Performance for each phase of the contract. In most cases, you are required to maintain an acceptable inspection system for the goods or services you deliver or perform under the contract. Records of your inspections need to be complete and available to the agency during the term of the award or for as long as the agency specifies. Section G. Contract Administrative Data This section describes how the Contracting Officer and your firm will communicate to ensure both performance and prompt payment. This section typically incorporates other clauses by reference, and you will be required to perform the services, or provide goods according to all terms and conditions set forth. Specific areas under the Contract Administrative Data section include: Agency Personnel Contracting Officers. Contracting Officers have the exclusive authority to enter into, administer, and terminate contracts. They: Make sure that contracting is efficient and effective, Ensure compliance with the terms of contract, Protect the interests of the agency in all of its contractual relationships, and Have latitude to exercise sound business judgment based on the competitive and business needs of the agency. Oversight Managers. Oversight managers have daily interaction with contractors. They: Manage the technical performance requirements of the contract, Ensure that the contractor delivers the required goods or performs the work according to the delivery schedule in the contract, and Monitor the funds spent in the contract in relation to its ceiling. FDIC OMWI Education Module: Understanding the Government Solicitation Bid Package Page 5 of 14
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Understanding the Government Solicitation Bid Package Method of Payment The federal government has prompt payment rules that require most payments to be made by Electronic Funds Transfer (EFT). Some important points to note about EFT payments: Sole proprietors can get hardship waivers to EFT. Agencies may collect EFT information when they award a contract. If you certify in writing to the Payment Office that you don’t have an account with a financial institution or an authorized payment agent, the federal government will use a different payment method. Payment methods by the federal government may be made by check or by a third party
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