Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Management Theories Expert

problem 1:

In brief illustrate out what liquidated damages (LD) are.

problem 2:

What is the major objective and aim of applying LD to a contract?

problem 3:

At what time in the procurement procedure should the Bid Security be released in favour of respective unsuccessful bidders?

problem 4:

Compute the amount of liquidated damages to be claimed to a supplier who has accumulated 16 weeks of delay on a remaining instalment of 100 laptops out of contract to supply 200 laptops for contract value of Rs 10 million? The clause for liquidated damages goes as follows:

“Liquidated damages will be applied at rate of 0.5% per week of delay up to a maximum of 5% of the cost of undelivered goods.”   
Based on the above information, it seems that the contract manager hasn’t followed this contract carefully. What should the contract manager have done to evade this delay beyond remedy?

problem 5:

Illustrate out in detail the three mandatory conditions which should be fulfilled by the bidder/supplier for a bid/performance security to be applicable.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M98578

Have any Question? 


Related Questions in Management Theories

1 what is benchmarking2 what is the standard of due care

1. What is benchmarking? 2. What is the standard of due care? How does it relate to due diligence? 3. What is a recommended security practice? What is a good source for finding such recommended practices? 4. When selecti ...

What is the difference between an assets ability to

What is the difference between an asset's ability to generate revenue and its ability to generate profit? How many categories should a data classification scheme include? Why? How many threat categories are listed in thi ...

Majorfield supply change management writingthree-pages

MAJOR/FIELD: ''SUPPLY CHANGE MANAGEMENT'' WRITING Three-pages paper single space on the following Supply Chain Topics: Did Toyota an auto manufacturing company benefit from implementing JIT? Is Tesla benefiting from Supp ...

Supply chain management assignment learning outcomesafter

Supply Chain Management Assignment Learning Outcomes: After completing the module you should be able to: 1. Optimise the design of a supply chain to ensure strategic competitiveness in a global market. 2. Audit the opera ...

For a policy to have any effect what must happen after it

For a policy to have any effect, what must happen after it is approved by management? What are some ways to accomplish this? Is policy considered static or dynamic? Which factors might determine this status? List and des ...

1 design five security posters on various aspects of

1. Design five security posters on various aspects of InfoSec using a graphics presentation program and clipart. Bring the posters to class and discuss the methods you used to develop your materials. 2. Examine your inst ...

Business marketing discusion 150 wordssupply chain

Business Marketing Discusion (150 words) Supply Chain Management • Supply chain management is instrumental as it pertains to marketing as marketing plays a key role in integrating supply chain processes and promoting col ...

What four types of controls or applications can be used to

What four types of controls or applications can be used to avoid risk? Describe how outsourcing can be used for risk transference? What conditions must be met to ensure that risk acceptance has been used properly? What i ...

Supply chain management strategy proposaldevelop a supply

Supply Chain Management Strategy Proposal Develop a Supply Chain Management Strategy Proposal, specifically dealing with the following scenario. The scenario centers around the choice of a location for a new distribution ...

The key assignment first draft should contain material from

The Key Assignment first draft should contain material from Parts 1-4 and should be 1,250-1,600 words. For this unit's assignment, you are to add the following section to your draft: Quality Tactics and the Logistics and ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen