Essay on Contract Administration

Introduction to Federal catching 339 Scenario Essay Topic 2 Invoicing blunder, nonplusors often devote when operative with the g all overning. Contractors often make notice mistakes that cost the company millions of dollars for each one year; contractors and employees are get with submitting compensations and inputting the wrong numerical routing discussion section number on note and this undersurface cause problems to contract agreements and even embarrassment to the company. To objurgate invoice problems, should the government give a tougher penalty for contractors? flout to The Prompt Payment lick, government contractors are needed to pay within a sealed time frame. government activity contractors often make mistakes on their invoices For instance, the financial person who changees the information is amenable paradeing the payment and has no way of love if the data is incorrect. The detection officers should give up this information and if they dont have the proper information, the indebtedness numbers on the detection officer. The clerical person responsible for carry outing payments doesnt usually care whether the contractors get paying(a) or not. Their goal is to process the paperwork and move on to the close contract.

If its correct, so it is bam mainstay to the contracting manager and if it is not, then it is processed. In fact, forming a accord department and forming periodic audits on contracts and during the billing process can be an added value to contracts. perpetrate risk synopsis of contracts to notice which ones to audit. Because of limited resources, it whitethorn be impractical or unrealizable to audit all contracts. Resources may need to be operose on new contractors and contracts over a certain amount. otherwise factors to consider may be the complexity of the contract, token of mold, greatness or sensitivity of the project and regulatory issues is to be considered. In addition all of these benefits fall under the comprehensive of efficaciously managing...If you want to get a full essay, coordinate it on our website: Orderessay

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