Premium Essay

Federal Contracting

In: Business and Management

Submitted By tori2477
Words 3058
Pages 13
RUNNING HEADER: BUY AMERICAN REQUIREMENTS 1

Buy American Requirements
Strayer University
Vicki Raper
Professor: Larry Murphy
Business 315 Cost and Price Analysis
2/08/2015

RUNNING HEADER: BUY AMERICAN REQUIREMENTS 2

Abstract In this paper let’s specify the main points of the Buy American Requirements. Next, let’s determine the substantive means by which the Buy American Requirements would benefit both VectorCal and Boeing Navigation System, Inc. Then, let’s analyze the fundamental ways in which the Buy American Requirements are contradictory to a capitalistic ethos, given that the U.S. government claims to promote competition and the U.S. espouses a free market ideology (i.e. capitalism). Support your answer with two examples of such a contradiction. Now, let’s debate whether or not you believe that the exceptions to the Buy American Requirements set forth by the government are fair and advantageous to the US economy. Finally, determine the key advantages and disadvantages of using the Buy American Requirements with the navigation system that VectorCal and Boeing Navigation Systems, Inc. Conclusion, I believe our government implemented the Buy American Requirement for a reason that being said. I believe that the Buy American Requirements is for keeping American people working and our economy a whole growing my investing in our future. Boeing Navigation Systems, Inc. and Vector will be ensured participation in these contracts, as well as future contracts. This can provide competition and creation of jobs by adding more influence to the domestic firms and national security of our country.

RUNNING HEADER: BUY AMERICAN REQUIREMENTS 3
Introduction
In the first assignment we established the formation of the new company “Boeing Navigation Systems, Inc.” Boeing Navigation System designs and builds highly technical drone

Similar Documents

Free Essay

Federal Contracting

...Assignment 5: Federal Contracting Activities and Contract Types David Moore Strayer University Cost and Analysis BUS 315 Michael Raponi March 15, 2016 Assignment 5: Federal Contracting Activities and Contract Types History and Background of Companies Competing for the Contract Dronnet is an empowering company within the Information Technology industry. The company specializes in using technology to resolve some of the most pertinent issues in the society today. The company has been in operation for less than five years, hence, the classification as a startup company. Regardless, the company has been experiencing positive growth since its establishment and has been able to win at least one major contract from the government. The first contract for the company was the Tanker Contract that has been able to execute with efficiency. The company's workforce or human resource is estimated to be about 25 people, with most of them being technologists. The organization has been praise within its state for contributing to economic development as one of the emerging business employing many people. The success of Dronnet in recent years has been attributed to its good management that places more emphasis on issues such as transparency and accountability. The organization also works on an efficient business model that enables it to manage its costs effectively. As such, most of its products are produced through cost-efficient and environmentally friendly methods. On the other...

Words: 2316 - Pages: 10

Free Essay

Federal Contracting

...Assignment 5: Federal Contracting Activities and Contract Types Angelina Brooks Professor: Larry Murphy Bus 315 December 15, 2013 My company’s mission is to offer stylish, great, affordable clothing to young men and women entering the world of business. I will offer customer’s a classy, stylish and a professional look for the business world. Clothes will be altered to fit customer’s shape and size in a variety of colors and options to solve fashion problems. My company’s vision is to help the younger generation realize that they can dress professional and still look good while in the business world. I will start out offering my product online and then eventually land a store within the mall where I can be exposed to different people of all ages, shapes and sizes. Starting out as a small business owner I will need as much support as I can to get started, which is my main reason for competing for a government contract. The government offers about 23% of their business to small business owners and as long as I can meet the government’s requirements at a fair and reasonable price, the government will limit competition to only small business owners as long as two or more small businesses are prepared to compete for contract which will provide a better business opportunity for my business. Also, having business with the government opens windows and doors for better opportunities. Government contracts save my company money, improve my performance and will promote my business...

Words: 1362 - Pages: 6

Free Essay

Drug Legislatue Worksheet

... Anti-Drug Legislation Matrix Complete the matrix by selecting three states to add below Federal. Then, answer each question listed in the first row for each corresponding law. | |Is marijuana |What are the |What are the |What are the |What is the |Is there extreme | | |illegal? |penalties for |penalties for |penalties for |blood alcohol |DWI or DUI? If so,| | | |possession of |possession of heroin?|possession of |level for a |what is the | | | |cocaine? | |prescription drugs?|driving while |punishment? | | | | | | |intoxicated | | | | | | | |(DWI) or driving| | | | | | | |under the | | | | | | | |influence (DUI) | | | | | | | |crime? | | |Federal |No. |Title 21 1st |Title 21 1st |Title 21 1st |In the...

Words: 1169 - Pages: 5

Premium Essay

Promoting the Wrong Employees

...have potential to be promoted to a higher position. Many organizations promote from within their organization instead of hiring an outsider only because of their familiarity to the company’s operations. But internal promotions have their drawbacks and do not always end up benefitting the organization. Federal Companies is one of these companies who inform new candidates during the initial interview process that they offer internal promotions. However, there are multiple instances when they do not promote the right individual to a management position, which causes negativity not only in the department but causes distrust with their subordinates. Federal Companies is a moving company that is headquartered in East Peoria, Illinois. They have been in operation since 1913 as an agent for Allied Van Lines. They offer widespread services in residential relocation, international moving, office moving, warehousing and distribution, delivery services, and custom logistics solutions to data backup and record storage services to motorcycle transportation. They have multiple locations throughout Central Illinois, St. Louis, MO, Milwaukee, WI, and Chicago, IL (Federal). The Federal Companies corporate headquarters is where the marketing, accounting/finance, billing, human resources, executive management, and information technology departments are located. The key decisions regarding personnel and promotions are decided by the human resources manager and his or her superiors when a...

Words: 2669 - Pages: 11

Free Essay

Fire Inspectors and Investigators

...same. The inspectors and investigators both get paid $25.11 per hour. This pay was for the year of 2010. For their education and related occupation they both must have a high school diploma or equivalent and also have more than five years of experience. Both the inspectors and investigators work in the field and in an office. Inspectors in the field examine public buildings. In addition to the investigators surveying the scene where the fire had occurred. What the fire inspectors and the investigators do on their jobs. While the inspectors goes and inspects buildings and other kinds of structures such as arenas, shopping malls. They also search for things that can be a fire hazard and to ensure everyone that the federal, state, and local fire codes are met. They also make sure that all of the fire extinguishing equipment works correctly. That is if a family needs there fire extinguishing to put out a fire then they will have a working one to do so. However the fire investigators go in and determine the cause of the fires by searching the area and collecting evidence and taking photographs of the scene. Most fire inspectors, and investigators have had to work in a police or fire departments for their experience. I would like to say that fire inspectors and investigators will always be there to figure out what caused the fires and they will make sure that there are no hazardous things that will cause a fire when they go in and inspect...

Words: 308 - Pages: 2

Free Essay

Hostel Management System

...THE FEDERAL POLYTECHNIC, IDAH ADMISSIONS OFFICE ACADEMIC AFFAIRS (REGISTRY DEPARTMENT) REGISTRATION GUIDELINE FOR STUDENTS OF THE 2014/2015 ACADEMIC SESSION 1. The Admitted candidates are expected to visit the school portal www.fepoda.edu.ng enter their JAMB registration Number (for ND) and Admission Form Number (for HND) into the spaced provided to enable them print their Admission Letter and the Acceptance Letter. Candidate should go to any of the following banks to pay the sum N5,000.00 (non-refundable) as the acceptance fee. Bank UBA Zenith ECOBank Mainstreet Unyogba Account Number 1000499115 1012030663 5832002553 6000095228 1014400035 Account Name Federal Polytechnic Idah Federal Polytechnic Idah Federal Polytechnic Idah Federal Polytechnic Idah Federal Polytechnic Idah 2. Candidates should visit the Admissions Office for the Clearance Certificate and collection of undertaking form with the copies of the admission letter, the acceptance letter and the receipt fot the payment of the acceptance fee. 3. Candidates should go to their departments with their original documents for departmental screening. 4. Admitted candidates who are successful in the Departmental Screening can the go to any of the banks specified above for the payment of school fee.Then they are also expected to go to the Head of Students Accounts Office (Bursary) after payment with the bank teller and the receipt of the acceptance fee for documentation. 5. They should take the completed undertaking form to...

Words: 425 - Pages: 2

Premium Essay

Re: Week 1 Discussion

...three primary purposes of cost estimates. Predict two issues that could arise if a cost estimate is not conducted properly or at all. The IGCE serves as the basis for reserving funds during the acquisition planning period. Which means that it is used for comparing costs or prices proposed by offerors or applicants. The IGCE also serves as an objectives basis for determining price reasonableness. Agreement, Contracting, and Budget Officers review past government purchases to justify both price and costs of a product and services before awarding a contract. Also the ability to review current reasonable market price, provides an opportunity to negotiate realistic prices when the Government request corrections in the IGCE. There are three primary purpose of cost estimate. The primary purpose of cost estimates are: To reserve funds for the contract during the acquisition planning phase, As a basis of comparison for costs or prices proposed by prospective vendors, To determine price reasonableness if only one vendor responds to a solicitation. Reserving the funds for contracting during the acquisition planning phase is great because it helps with assisting preparation for upcoming budgets. Budgeting officers are able to ensure that allotted funds are available for government projects. The second primary purpose is the comparison for costs or prices proposed by prospective vendors. This importance of this purpose as it relates to cost estimates, serves as an evaluation criteria as...

Words: 578 - Pages: 3

Premium Essay

Ncma Information

...MA Special Module 2012 ExamREADINESS 170 Intensive Review Questions Ed. The Number One Source of Exam and On­the­Job Information STUDY INFORM ATION FOR EX AM CANDIDATES Special Module ExamREADINESS 170 Review Questions Covering Federal Contract  Administration ã ExamREVIEW PRO & ExamREVIEW PRESS 2012 All rights reserved. No part of the contents of this book may be reproduced or transmitted in any form or by any means without the written permission of the publisher. Important – Please Read  Due to the variety of fonts installed on the users'  systems, Acrobat may prompt you to download an  additional language component (which is FREE from  Adobe anyway).  If you receive a message saying that a Traditional  Chinese language pack has to be downloaded in order  to load this eBook, please click YES to have Acrobat  download the update. The size of the update is about  7M. Don’t worry, this download is safe. Table of Contents  PRACTICE TEST MODULE 1................................................................................................4  PRACTICE TEST MODULE 2..............................................................................................45  PRACTICE TEST MODULE 3............................................................................................106  PRACTICE TEST MODULE 4............................................................................................167  PRACTICE TEST MODULE 5..........................

Words: 20568 - Pages: 83

Free Essay

Compare and Contrast an Agency Protest to a General Accounting Office (Gao) Protest"

...Compare and Contrast an Agency Protest to a General Accounting Office (GAO) protest" Abstract Bid protests enhance the integrity and transparency of the federal procurement process by providing offers with an effective tool to challenge federal contract awards and thereby determine whether they conform to federal procurement law and regulation (1). Therefore, when a protest is brought, successful offers must be prepared to intervene in the protest to defend their contract award. A protester is typically a third party aggrieved by the actions of a government agency which result in a contract going to an awardee viewed by the protester as non-deserving.  The law permits protests to be resolved through formal as well as informal procedures. The three protests are the procuring agency, the GAO, and the COFC, which all differ considerably as to their rules, procedures, scope of review, and available relief, and being well versed on each forum’s unique aspects can be essential to a successful outcome. Created by the Budget and Accounting Act of 1921, the GAO became the first external forum for federal bid protests. The GAO was established as an independent governmental agency under the control and direction of the Comptroller General for the United States. Even though the statutes giving GAO jurisdiction to hear bid protests were not enacted until the mid-1980s, the GAO has been hearing bid protests since the 1920s. So what exactly is a bid protest...

Words: 3800 - Pages: 16

Free Essay

Current Economic State Paper

...Introduction: This current economic state paper will explain if the current economy is expanding or contracting and reasons for that. It will also discuss the current prime rate, current interest rates on credit cards, current unemployment rate, and the current Gross Domestic Product (GDP). The economic factors that had led to a fairly good third quarter were only temporary and there was proof that the economy was slowing down in the last months of 2012 due to the skepticism over the impending fiscal cliff. Also, Hurricane Sandy that hit in late October 2012 was to have somewhat of a negative impact on the economy. There were clues that the economy may have actually slightly contracted instead of expanding. “The United States economy reversed course in the final quarter of 2012 and contracted at a 0.1% rate and was the worst performance since the financial crisis in 2009.” (Mataconis, 2013) . Even with the overall contraction, the economy is not on the brink of a recession or an extended slump. Companies are still spending. The economy we have been living in since 2009 is going to be the new normal. The prime rate is the underlying index for most credit cards, home equity loans and lines of credit, auto loans, and personal loans. The current prime rate is 3.25%, federal discount rate is 0.75%, fed funds rate is 0.25%, and the 11th District cost of funds is 1.071%. Changes made with federal funds rate and the discount rate also dictate changes in the Wall Street Journal prime rate...

Words: 559 - Pages: 3

Free Essay

Grant Writing for Dummies

...Grant Writing FOR DUMmIES 3RD ‰ EDITION by Dr. Beverly A. Browning, MPA, DBA Grant Writing For Dummies® 3rd Edition , Published by Wiley Publishing, Inc. 111 River St. Hoboken, NJ 07030-5774 www.wiley.com Copyright © 2009 by Wiley Publishing, Inc., Indianapolis, Indiana Published by Wiley Publishing, Inc., Indianapolis, Indiana Published simultaneously in Canada No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400, fax 978-646-8600. Requests to the Publisher for permission should e addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201)748-6008, or online at http:// www.wiley.com/go/permissions. Trademarks: Wiley, the Wiley Publishing logo, For Dummies, the Dummies Man logo, A Reference for the Rest of Us!, The Dummies Way, Dummies Daily, The Fun and Easy Way, Dummies.com, Making Everything Easier, and related trade dress are trademarks or registered trademarks of John Wiley & Sons, Inc. and/ or its affiliates in the United States and other countries, and...

Words: 113853 - Pages: 456

Free Essay

Con 090

...FAR/DFARS/Class Deviations Research Exercise 43 Reading the FAR 45 FAR Reading Exercise 51 Interpreting the FAR 53 FAR Interpretation Exercise 55 Putting It All Together 57 Applying the Regulations .59 Appendix 63 This page intentionally left blank. CON 090 Course Syllabus A. Course Title: Federal Acquisition Regulation (FAR) Fundamentals B. Course Number: CON 090 C. Course Prerequisites: None D. CLPs/CEUs/Number of ACE-Recommended Credits: CLPs 141/CEUs 14.1/ 3 Graduate-Level Credits E. Course Manager: Don Mansfield, (619) 524-5474 a. Phone: (619) 524-5474 b. E-mail: donald.mansfield@dau.mil Performance Learning Director (HQ DAU): James W. Malloy, Jr. a. Phone: (703) 805-4365 b. E-mail: james.malloy@dau.mil F. Course Description: FAR Fundamentals (CON 090) is a resident Defense Acquisition Workforce Improvement Act (DAWIA) Level I contracting course for newly hired GS-1102 contracting personnel. This course is four (4) weeks in length and provides foundational knowledge of the Federal Acquisition Regulation (FAR) System. Specifically, the course provides immersion training into the FAR; Defense Federal Acquisition Regulation Supplement (DFARS); the DFARS Procedures, Guidance, and Information (PGI); and Department of Defense (DoD) class deviations from...

Words: 16256 - Pages: 66

Free Essay

Contracting Methods

...Sealed Contracting The method of obtaining government contracts has changed considerably. Sealed bidding is less frequently used now than in the past. However, there are certain situations when sealed bidding is mandatory. According to the Federal Acquisition Regulation when preparing sealed bidding invitations must describe the requirements of the Government clearly, accurately, and completely. Unnecessarily restrictive specifications or requirements that might unduly limit the number of bidders are prohibited. The invitation includes all documents (whether attached or incorporated by reference) furnished prospective bidders for the purpose of bidding. As a result government contract practitioners still must familiarize themselves with processes that call for sealed bidding. In the mid-1990s, Congress made several changes to statutes related to processing acquisition of government contracts. Before these congressional amendments sealed bidding was the standard. In most cases sealed bidding is the preferred method for construction , so if the Seahawk helicopters and Cobra aircrafts are being purchased for that type of business it would be a better option. Negotiated Contracting These amendments gave federal contracting officers more opportunities to award contracts through the newer process competitive negotiation. The process begins when the CO issues a Request for Proposals. The RFP must, include the agency’s need, the terms and conditions of the contract and any other...

Words: 1042 - Pages: 5

Premium Essay

International Economics Paper

...Stimulating and Contracting the Economy Both the President of the United States and the United States’ Congress are capable of enacting policies that may have the effect of either stimulating or contracting the economy. The President is able to stimulate the economy in a variety of ways. One is to propose a Congressional budget that includes increases in spending for the purpose of creating a stimulus, or proposing tax cuts that likewise are intended to have a stimulus effect. The President may also issue executive orders in certain areas that have the effect of creating a stimulus or contracting the economy. These might include appointing like-minded people to the Federal Reserve Board, adjusting certain tax rates by means of changes in revenue collection policy, adjustments to trade policy, and the like. Congress possesses similar powers in that Congress may appropriate spending for purposes of a imposing a stimulus package, adjusting rates of taxation for the purpose of generating economic growth, adjusting trade policy, such as lowering tariffs, for a similar purpose, and creating public works programs. Budgets and legislation that are proposed by the President must ultimately be approved by Congress, although the executive branch of the federal government, i.e. the Presidency, possesses considerable discretionary powers with regards to executive orders, and regulatory enforcement. The Role of the Federal Reserve in Stimulating and Contracting the Economy The Federal Reserve...

Words: 1436 - Pages: 6

Free Essay

My Document

...class, a report on the e-bidding sites in Canada. This should require only about 2 pages. There are five major e-bidding sites in Canada: Buyandsell – federal government only www.buyandsell.gc.ca MERX – National www.merx.com Biddingo – National www.biddingo.com Bids Canada – National www.bidscanada.com SEAO – Quebec www.seao.ca Review these five major bid sites. What are the differences between the sites? The differences between the sites are: 1. Each site has a different area that it specializes in 2. Each site has specific users that it is intended for 3. Each site has a different layout 4. Each site has a certain method of how to get started with the bidding 5. Each site has a great feature as to why the site should be used What are the similarities? 1. Each site has terms and conditions and privacy policies 2. Each site allows users to search for bids that deal with many different types of goods 3. Each site offers the ability to register and/or subscribe 4. Each site has opportunities for goods, services, and construction 5. Each site has an FAQ section, technical support and assistance, and a contact information section What did you find most useful from a bidders viewpoint or a contracting officers viewpoint? On which site(s)? - easy to navigate (all sites) - buyandsell.ca has a quick search opportunity by allowing users to click on visually...

Words: 1039 - Pages: 5