LEGAL 440 Business and Contract Law

Assignment 3: The FAR and Contract Provisions for Protection
Due Week 10 and worth 300 points

Imagine
that you are a contracts officer for the Department of Energy (DOE).
You have been asked to review bids from contractors who have developed a
new widget for saving the American public twenty-five percent (25%) on
their energy bills. Once an award is made, the contractors will receive
the contract, which includes provisions to minimize risks and define
rights and obligations, from the Department of Energy.

Review Federal Acquisition Review (FAR) “52.246-1 Contractor Inspection Requirements”.

Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.

Write a three to four (3-4) page paper in which you:

1. Evaluate
   the importance of the standard default clause. As a contracts officer
   for the DOE, suggest two (2) ways in which you could combine the
   standard default clause with the FAR’s delay provision for the
   protection of both parties to the contract. Provide a rationale for your
   response.
2. Speculate on the impact that a contracting
   officer’s changes to the payment terms within the contract would exert
   upon both the government and the conhttps://www.studypool.com/writing/create#tractor. Next, suggest the most
   secure method for making a contractual change. Justify your response.
3. As
   a contracts officer for the DOE, suggest two (2) improvements that you
   would make to the inspection procedure in order to make the procedure
   more efficient. Provide a rationale for your response.
4. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and similar websites do not qualify as academic resources.
5. Format your assignment according to the following formatting requirements:

• • Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
  • Include
    a cover page containing the title of the assignment, your name, your
    professor’s name, the course title, and the date. The cover page is not
    included in the required page length.
  • Include a reference page.
    Citations and references must follow APA format. The reference page is
    not included in the required page length.

The specific course learning outcomes associated with this assignment are:

• Explain the government’s intellectual property rights policy.
• Compare and contrast the consequences and remedies of “termination for default” and “termination for convenience.”
• Use technology and information resources to research issues in procurement and contract law.
• Write clearly and concisely about procurement and contract law using correct grammar and mechanics.