Explore BrainMass

Explore BrainMass

    Government Contracting Financing

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    You have determined that contract financing is not appropriate for major overhaul of the HVAC system in the installation headquarters building. The estimated cost is $175,250 with a period of performance of 3 months. The award is to be made using full and open competition after exclusion of sources. Which of the following selections is a valid reason for your determination?

    A) The contract was awarded based on competition
    B) Contract does not exceed the SAT
    C) Advanced payments would exceed 15% of contract price
    D) The short expected duration of the contract

    © BrainMass Inc. brainmass.com October 10, 2019, 5:41 am ad1c9bdddf

    Solution Summary

    This solution explains appropriate logic for ruling out contract financing when paying for the major overhaul of the HVAC system in the company's installation headquarters building.