Compare and contrast bilateral modification and unilateral modification. Provide an example or scenario of each that clearly demonstrates how each modification type is used.
LEG 505 Week 1 Discussion 1: Federal Acquisition Regulation (FAR)
From the e-Activity, explain how each of the following legislative enactments is a foundation for government contract law and the federal acquisition process. Then discuss how knowledge of one of the Acts can help a manager make better decisions.
Armed Services Procurement Act of 1947 (ASAP), codified at 10 U.S.C. §§ 2301-2314
Federal Property and Administrative Services Act of 1949 (PASSAGE), codified in U.S.C. §§ 251-260
Competition in Contracting Act (COCA), codified in 41 U.S.C. 253
Discuss the key factors in each Act that demonstrates that the Acts are foundation components of government contract law and the federal acquisition process. Provide an example or scenario of each to support your response.
LEG 505 Week 1 Discussion 2: The Role of the Contracting Officer
Take a position as to whether or not the role of a contracting officer, with the federal government, can be compared to a principal-agent relationship. Support your position.
Argue whether or not a government contracting officer should be held to the standards articulated by the Sarbanes–Oxley Act of 2002 (Pub.L. 107-204, 116 Stat. 745, enacted July 30, 2002). Support your position. As a manager, determine the best way to communicate the SIX Act adherence to a government contractor you would work with.
LEG 505 Week 2 Discussion 1: Eliminating Wasteful Spending
From the e-Activity, assess the importance of each of the following factors in the effort to minimize wasteful spending in government contracting. Then select one and determine what managerial and / or organizational factor(s) would impede successful adoption of the change in operation and how you would mitigate it.