In: Finance
Which one of the following statements concerning the
statement of work are true? Select all that apply in:
A. It identifies tasks to be performed and the outer limits of the
contractor's effort.
B. it may be written by the givernment, the contractor, or
both.
C. it lists the FAR clauses applicable to the contract.
D. its use is commonly referred to as performance-based
contracting.
Options A & D are True.
Statement of Work is generally written by the employer which documents all aspects of the project. It is performance based as the compensation of the contractor is linked to his responsibilities and skills.