Image your small business that produces very small remote control aircraft
capable of long sustained flights. You are ready to expand your business by
competing for Department of Defense (DoD) contracts. You already have added one
(1) contract with the DoD worth over $600,000 to your expanding company and are
now ready to venture into contracting for the Department of Homeland Security
and other federal agencies.
Write a six to eight (6-8) page paper in
which you:
- Compare and contrast fixed-price contracts and cost-reimbursement contracts
in terms of the benefits and drawbacks of each for your business. - Analyze at least three (3) opportunities your small business will have
compared to large businesses in general. - Discuss which element(s) of cost-reimbursement contracts tend to produce the
biggest troubles for your small business. Provide a rationale for your
choice(s). - Determine which form of contracting would benefit your business the most
among all the forms of contracting described in Chapter 16. Support your
response. - Choose the most significant form of contracting that would support large
companies (e.g., Boeing) among all the forms of contracting described in Chapter
16. Support your response. - Develop a plan on how your company would justify the government to award
your company the contract when the form of this contracting supports larger
companies. - Use at least three (3) quality academic resources in this assignment. Note:
Wikipedia and other Websites do not qualify as academic resources.
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