Within the Discussion Board area write 400600 words that respond to the following questions with your thoughts ideas and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear and use examples to reinforce your ideas.
The Southwest regional manager is having trouble preparing a bid for a lucrative government contract to supply blenders to the military dining facilities in Fort Hood Texas. Specifically he has asked for your assistance as he determines his approach to pricing.
Complete the following:
In addition the government contract officer mentioned the requirement to present a fair and reasonable price to be considered for the contract. Identify the guideline or regulation that governs acquisition and contracting and describe the concept of fair and reasonable price in government contracts.