Contract Law

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Title: Contract Law

Essay Details:

Subject: Business

Author: Joseph B

Date: December 13, 2013

Level: University

Grade: A

Length: 12 / 3427

Essay text:

Best value analysis strives to apply good business judgement to making source selection decisions. It seeks to isolate technical differences between proposals to determine which offer represents the best value to the customer. The Federal Government is steadily moving away from awarding contracts purely on the basis of low price and opting to employ evaluation factors such as past performance, management capabilities and technical superiority. Confidence in a prospective contractor's ability to perform satisfactorily is an important factor in the source selection process making for "best value" analysis...

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