BUS 501 Week 8 Assignment 4, Technical and Cost or Price

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BUS 501 Week 8 Assignment 4, Technical and Cost or Price Evaluations and Price Reasonableness

After conducting technical evaluations, various factors will be used to determine the competitive range in the contract. It is because it would help to give a rating to the tasks in the contract to make sure the completion of it within the estimated time period (Competitive Range Determination Template, 2012). For this, various factors as the complexity of the contract, the variety of the solutions of the complexity, expected value of the offered money, requirement and availability of the resources, required administrative variable cost, impact of lead time for starting and completion of the contract and related information will be used to determine the competitive range for completion of the project in terms of installing tower on the Arizona-Mexico border successfully (Manley & McCormack, 2003)…………..Continued