What are the three contracting life cycle phases
-:- Pre-award, Award, and Post-award
Define the pre-award phase
-:- Invokes all work performed by both the buyer (Gov't or Prime Contractor) and
seller (contractor or sub) in communicating the buyer's requirements and providing
a solution to...
After reviewing proposals and analyzing the proposals and having exchanges with the sellers,
the buyer will then?
✓ -:- Select a source
What is the third contract life cycle phase?
✓ -:- Post award phase
What are the two primary elements of the post ward phase?
✓ -:- Perform contract and Close Contract
What is involved in the post award phase?
✓ -:- Involves all the work performed by both the buyer and seller during contract
performance, to include changes to the contract, contract close out, and sometimes
termination of a contract.
What happens during post award phase activity perform the contract?
✓ -:- During this phase, we are monitoring risk in assessing its impact on contract
performance ensuring compliance with one contractual terms and conditions and
two contract technical requirements during contract performance up to contract
close out or termination
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