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3 years ago

Who can sign a determination and findings justifying the use of an award-fee contract

1 answer:

3 0

A person that in at least one level higher than the contracting officer is allowed to sign a determination and findings justifying the use of an award-fee contract. An award fee contract is defined as additional profit or fee aount that is awarded based on evaluations during different periods of time for contractors on their performance. This type of evalution is done based on the specific company and their needs.

You might be interested in

What best describes the difference between careers and industries

Mrac [35]

A job is something you do to in the short term to earn cash. A piece of work or task that you are paid for. A career is a long-term pursuit of a lifelong ambition. An occupation undertaken for a significant period of a person's life and with opportunities for progress.

I hope this helps you.

7 0

3 years ago

What is the price of a stock today if it pays a Dividend TODAY of $2. Its growth rate is 5%, and its market return is 12%?

Nutka1998 [239]

Answer:

$30.00

Explanation:

The price of the stock can be derived from the stock theoretical price formula given and explained below:

stock price=expected dividend/(market return-growth rate)

expected dividend=dividend paid today*(1+growth rate)

expected dividend=$2*(1+5%)

expected dividend=$2.10

market rate of return=12%

growth rate=5%

stock price=$2.10/(12%-5%)

stock price=$2.10/7%

stock price=$30.00

8 0

2 years ago

In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. T

Juli2301 [7.4K]

Answer:

Explanation:

2021 2022 2023

Bills during the year 2,180,000 2,644,000 5,176,000

Cost incurred in the year 2,016,000 2,808,000 2,613,600

Cumulative cost to date 2,016,000 4,824,000 7,437,000

Estimated cost to complete 5,184,000 2,376,000 0

Estimated total cost 7,200,000 7,200,000 7,437,000

percentage completion

2,016,000/7,200,000*100 =28%

4,824,000/7,200,000*100 = 67%

7,437,000/7,437,000 *100=100%

Percentage Completion 28 67 100

Contract price 10,000,000

Less cumulative cost (7,437,000)

Gross profit 2,563,000

Contract value 2021 10,000,000* 28 % =2,800,000

2022 10,000,000* 67% = 6,700,000

2023 10,000,000*1005 = 10,000,000

Contract value 2,800,000 6,700,000 10,000,000

less revenue recognized 2,800,000 6,700,000

2,800,000 3,900,00 3,300,000

less cost incurred in the year 2,016,000 2,808,000 2,613,000

Profit recognized 784,000 1,092,000 687,000

8 0

3 years ago

Kumaran Pillay has a vegetable stall at the Suva Market. His business has been plagued with under-stocking and over-stocking pro

spayn [35]

Answer:

1) Using the 3 qualitative forecasting methods

Executive opinions,

Delphi method,

Salesforce polling.

2) Using the 2 quantitative forecasting methods:-

The straight-line method,

The average approach.

Explanation:

1) Using the 3 qualitative forecasting methods

Executive opinions- In this method, he could seek subjective views from experts concerning his sales. this might be viewed on his purchasing, finance, and future sales. However, it's utilized in conjunction with other quantitative forecasting methods so as to realize the simplest forecasts.

Delphi method- He could question a gaggle of experts about their views individually. they are doing not meet to avoid manipulation in judgments. Forecasts during this case might be compiled and analyzed by an external observer and returned to the experts for further questioning.

Salesforce polling- he could use this approach whereby he reaches bent people that are in touch with the regular customers and who can correctly predict the trends of the customers' consumption so as to offer him insights on how and when to restock counting on demand. This method is sweet for future forecasting since it gives the expected consumption trends of the purchasers that would be employed by the owner to make a decision on the quantity of inventory to stock in the future.

2) Using the 2 quantitative forecasting methods:-

The straight-line method- This is the only method of calculating future sales supported past data. It involves the utilization of a straight-line equation this measures the expansion or future predictions in sort of percentages. Here, past data is collected and a few analysis is completed to work out the trend that customers might adopt in their subsequent purchases. once they're known, the forecast on increasing or decreasing the inventory is predicated on percentage increase or reduction respectively. for instance, once demand is forecasted to grow, the vendor will decide the share they might order to hide the rise in demand.

The average approach- Here, the owner of a business conducts a mean of the past sales they need to be made to customers over a selected period. the most assumption is that the longer-term forecast is that the average of the past data. Since the owner has been making overstocking and understocking methods, it's assumed that the type of the orders is adequate to the longer-term forecast. for instance, if the owner decided within the past to order 100 units of a specific product and therefore the customers demanded quite 100 units maybe 150 units, there's an understocking decision. The owner might plan to increase subsequent stock to 200 units and at this point, the purchasers only demand 175 units making him to possess more stock than it had been required. On learning this concerning the market, the owner then decides to conduct a mean and order 150 units to require care of the overstocking and under-stocking problems.

5 0

3 years ago

Angela wants to calculate her take-home pay. She earns $1,377 monthly. She pays federal tax of $200, state tax of $41.31, and 7.

mario62 [17]

Angela wants to calculate her take-home pay. She earns $1,377 monthly.
She pays federal tax of $200
state tax of $41.31,
and 7.65% in FICA tax.
Let's solve for Angela's monthly net pay.
=> 1 377 dollars * 0.0765 = 105.34 dollars is the FICA tax
=> 1 377 - (105.34 + 200 + 41.31)
=> 1377 - 346.65 = 1030.35 dollars is her monthly net pay,

3 0

3 years ago

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