1-2 Activity: Contract Selection
FIXED PRICE CONTRACTS
COST REIMBURSEMENT CONTRACT
INCENTIVE CONTRACTS
INDEFINITE DELIVERY CONTRACTS
TIME AND MATERIAL CONTRACTS
AGREEMENTS
5 types of contract has to be summarized and list four key factors for each contract
Instructions are attached and no plagiarism please
QSO 349 Module One Activity Guidelines and Rubric
There are four activity assignments in this course that provide practice in developing key components of successful procurement planning and management. The
first activity is a summary of the five basic types of contracts.
Procurement officers and the U.S. government must follow rules for contracting and procurement, referred to as Federal Acquisition Regulations (FARs).
Important procurement-planning skills include understanding the differences among contract types and being able to determine which type is appropriate for
the circumstance.
Review Selecting the Type of Contract and Types of Contracts. In a one- to two-page document, summarize the five basic types of contracts described in the FARs
and, in your own words, list four key factors to consider when selecting the type of contract.
Guidelines for Submission: The contract selection document should be a one- to two-page Microsoft Word document with double spacing, 12-point Times New
Roman font, and one-inch margins.
Critical Elements Proficient (100%) Needs Improvement (75%) Not Evident (0%) Value
Contract Types Accurately describes and
differentiates the five basic types of
contracts in the Federal Acquisition
Regulations (FARs)
Describes the five basic types of
contracts in the Federal Acquisition
Regulations (FARs); however, the
contract types are not clearly
differentiated
Does not describe the five basic
types of contracts in the Federal
Acquisition Regulations (FARs)
40
Selection Factors Provides a list of four key factors to
consider when selecting the type of
contract for a procurement
Provides a list of factors to consider
when selecting the type of contract
for a procurement; however, the
information is incomplete or
inaccurate
Does not provide a list of key factors
to consider when selecting the type
of contract for a procurement
40
Articulation of
Response
Submission is free of errors related to
grammar, spelling, syntax, and
organization and is presented in a
professional and easy-to-read format
Submission has no major errors
related to grammar, spelling, syntax,
or organization
Submission has major errors related
to grammar, spelling, syntax, or
organization that negatively impact
readability
20
Earned Total 100%