5: Evaluating Contracts
Due Week 10 and worth 280 points
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
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
Determine which form of contracting would benefit your business the most
among all the forms of contracting described in Chapter 16. Support your
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
Use at least three (3) quality academic resources in this assignment.
Note: Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch
margins on all sides; citations and references must follow APA or
school-specific format. Check with your professor for any additional
Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the date. The cover
page and the reference page are not included in the required assignment page
The specific course learning outcomes associated with this assignment are:
Compare and contrast fixed-price contracts and cost-reimbursement contracts.
Examine other contract types commonly used in federal contracting.
Use technology and information resources to research issues in contract
administration and management.
Write clearly and concisely about contract administration and management
using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic /
organization of the paper, and language and writing skills, using the following
rubric found here.