Question

In: Finance

Which one of the following statements concerning the statement of work are true? Select all that...

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.

Solutions

Expert Solution

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.


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