Federal Contracting

1467 Words6 Pages
Federal Contracting Activities and Contract Types

Sandra Greene

BUS 315

Dr. Lena Maslennikova

10 December, 2012

Federal Contracting Activities and Contract Types

This paper will discuss Booz Allen Hamilton. It will briefly discuss its history and then go into who they are today. Finally, it will cover a major contract that they have recently acquired along with a few particulars of that contract.

Edwin G. Booz started his first engineering company after a stint in the navy in 1914. After many changes the firm officially became a management consulting firm called Booz Allen Hamilton in 1942. Today it is one of the most prestigious technology consulting firms in the world
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• Provide staff and users with assistance solving computer related problems, such as malfunctions and program problems. • Test, maintain, and monitor computer programs and systems, including coordinating the installation of computer programs and systems. • Consult with management to ensure agreement on system principles. • Expand or modify system to serve new purposes or improve work flow (Business Dictionary, 2012).
A lot of the work will consist of analyzing, testing, and modifying. This is why a CPAF contract was used instead of a fixed-cost contract because it is difficult to predict actual costs. A company would put themselves in a bad situation to have a fixed-cost contract if the costs where more than the contracted amount (Murphy, 2009, pp. 24-7). As with any project, there will always be costs or expenses associated. The type of expenses will always depend on the type of work or project. Some expenses that will be associated with this contract are direct and indirect costs. Direct costs are costs that can be totally identified with or traced back to a particular product or service. Those costs are materials, labor, or expenses related to producing the product or service. Indirect costs are not easily traced back to a particular product or service, or can be involved with other products or services in the same time period. Booz Allen provides services so they will never have material costs associated with any project
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