TYSONS CORNER, Va., May 12, 2016 /PRNewswire/ -- Management Concepts, the nation's premier provider of professional development, performance improvement, and talent management solutions for the public sector today announced the publication of The Complete Guide to Government Contract Types by Kenneth R. Segel.
As the world's single largest buyer of goods and services, the Federal government has many ways to structure its procurements. Different situations and conditions often determine the best vehicle for a particular purchase. Contracting officers must assess a wide range of factors to determine which contract type will provide the government the best value and the least risk.
The Complete Guide to Government Contract Types provides a comprehensive overview of the key government contract vehicles and types: fixed-price, cost-reimbursement, incentive, and more. Segel explains the selection process for contract vehicles, which is the basis for selecting the appropriate contract type for the work in question. He then presents a comprehensive, in-depth analysis of each contract type, explaining how each works best to meet certain types of requirements and conditions.
This is an essential resource for both contracting officers and contractors seeking to understand and work effectively within the nuances of contract selection and compliance.
Kenneth R. Segel has nearly three decades of experience working with government contracts, subcontracts, purchasing, and pricing. In addition, he has worked as an executive at several Fortune 500 corporations and has conducted numerous training seminars on government contracting types. He is the author of The Government Subcontractor's Guide to Terms and Conditions.
The book is available now from Management Concepts Press.
About Management Concepts
Management Concepts is the nation's premier provider of professional development, performance improvement, and talent management solutions for the public sector. Since 1973, we've collaborated with and supported every major agency in the Federal government, thousands of state and local government offices, numerous non-profit organizations and universities, and hundreds of corporations; unleashing the potential of more than one million individuals and enhancing the performance of teams and organizations. Visit www.ManagementConcepts.com and follow us on Twitter @Mgmt_Concepts.
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SOURCE Management Concepts