THE CONTRACT ADMINISTRATION

The contract administration

About the business

The business pertains to the development of a small business that pertains to the idea of development of a small business. The core business is about the manufacturing of the remote controlled aircrafts. The notion and the idea of the manufacturing of the small air craft is somewhat complex, since the competition in the aircraft industry is intense.

The expansion of the business

The expansion of the business pertains to the idea that the external environment is one of the most significant facets of the consideration for businesses. The purpose of the scanning of the external environment mainly corresponds to the feasibility of the government support.

The aircraft companies

The American Aircraft industry encompasses of the oligopoly sort of structure. The main idea is to keep the competition with a particular support that is given to small business and entrepreneurship to the people. The aircraft companies could be under the federal act, whereas, the federal act would have helped the company through the government contracting. There are different aspects of the federal contracting that aided the execution and running of the business, they are discussed as under;

How government buys

The premise of government buying is very streamlined. The government buys from particular companies, who have agreed upon certain aspects of dealing with the government such as price discounts, on-time delivery and quality management. The process of government buying of any equipment is discussed as under;

Issuing a tender

Gathering a number of companies with different bids for the tender

These companies comprise of the very few renowned organizations who have been selling to the government

Assess the amount of money for each bid and choosing the least

Call a meeting of all the bidders

Announce the one with the least bidder

Form a contract for a particular period of time with ...