Description
Review the reading material below. Write a short paper discussing the different types of contingencies and contract planning. For this paper, you will need to find an article in the library that relates to this week’s learning objective or topics discussed during the week and then summarize and discuss the article as well as describe based on what you have learned.
Read DCCH Chapter 4-5
Read the DoD Contingency Business Environment Handbook Link: https://www.acq.osd.mil/dpap/policy/policyvault/USA003222-14-DPAP.pdf
Instructions:
•Written Communication: Written communication is free of errors that detract from the overall message.
•APA formatting: Resources and citations are formatted according to APA (6th edition) style and formatting.
•Length of paper: typed, double-spaced pages with no less than a two-page paper.
•Font and Font size: Times New Roman, 12 point.

Explanation & Answer

Attached.
Running head: CONTINGENCES AND CONTRACT PLANNING
Contingences and Contract Planning
Institution Affiliation:
Professor:
Date
1
CONTINGENCES AND CONTRACT PLANNING
A contingency is a condition involved in making a sale that has to take place to make it
possible to reach an agreement and a transaction to occur. An inspection contingency benefits the
buyer of a product. It allows a buyer to get a full and clear picture of a product he or she intends
to buy. This is the same for a project where an investor inspects the project plans and contracting
requirements to get an overview of how the project will flow. If the investor supports the project
plan, he or she will go ahead and fund it. There is always a report to discuss if there are problems
that need solving and recommendations on how to remediate them for better outcomes.
Financing contingency gives an investor extra time to opt for financial aid such as a loan to buy a
product or invest in a project. ...
