Procurement and Contract Management; equitable adjustments

1. Do you agree with the principle of equitable adjustments? If not what would you provide instead?
2. What is the significance of acceptance in the inspection process?
3. Describe any limits on Government inspection rights?
4. Why do you think the Termination for Default clause does not say the contracting officer must
terminate the contract?
5. What would you attempt to do before initiating termination for default action?
6. What limits are placed on a contractors right to recovery on fixed price contracts that are
terminated for convenience?
7. Why is the Contracting Officer central to the disputes resolution?
8. If you were faced with an unsatisfactory Contracting Officer’s final decision would you opt to
appeal to the Board of Contract Appeals or the US Court of Federal Claims? Defend your decision.
9. What is a Contractor Purchasing System Review?
10. What is the purpose of a flow down clause?
11. What is the purpose of the Differing Site Conditions clauses?
12. Why are construction contracts so difficult to administer?