WebJan 10, 2024 · A contract is an agreement, either written or spoken, between two or more parties that creates a legal obligation. The terms of a contract are enforceable by law, with clearly defined penalties and remedies should the contract be breached. A breach of contract is a failure, without legal excuse, to perform any parts of the contract. Web038 What is a Follow-On Contract? 00:00. 00:00. Ever heard of a logical follow-on? Kevin and Paul explain why logic is just one of the many factors that can influence the decision …
Contract Definition & Meaning Dictionary.com
Webcontract for computer support services was initially planned as a 12-month bridge, but because of subsequent bridges, ultimately spanned 42 months. Timeline for Army … WebJul 20, 2024 · What’s a follow-on contract? FAR 6.302-1(a)(2)(ii) characterizes a follow-on contract as a “contract for the continued development or production of a major system or highly specialized ... heals christmas tree
GAO Ruling Makes it Harder for Agencies to Remove Work from …
WebThe determination of whether a particular requirement or contract is a follow-on includes consideration of whether the scope has changed significantly, requiring meaningful … WebSep 26, 2024 · Currently, DFARS 206.001(S-70) states that the award of a follow-on production contract for products developed under the authority of 10 U.S.C. 2371 is excepted from the use of competitive procedures, if: (1) The prototype project transaction agreement includes a provision for a follow-on production contract; (2) specific criteria … WebA contract is an agreement between parties, creating mutual obligations that are enforceable by law. The basic elements required for the agreement to be a legally … golf cross ball