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Discussion – General Contracting Requirements and Cost/Price Estimating

Please respond to each discussion question below and reference material from this week’s reading and videos, in addition to any personal experience you might have.

1. What are the factors involved in developing an IGCE? How does a contractor build their cost/price proposal, especially in the successful exercise of contractor evaluation and finally award selection?
2. Discuss how cost control and contract management apply to the acquisition of goods and services in both the public and private sectors.
3. Discuss one topic or issue from this week’s material that may benefit you personally or professionally.