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
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.