List of Contractor Interests and Resources
Every contractor or offeror has many interests and resources that are common in all contracts.
Interests:
- Ensure timely performance of a contract because [____fill in the blank ____];
- Generate gross sales and profit;
- Comply with legal requirements;
- Create a defensible file to withstand public and government scrutiny;
- Create opportunities for future work;
- Avoid negative performance reviews;
- Maintain positive customer relations;
- Protect intellectual property, trade secrets, and commercial/financial information;
- Retain good suppliers, subcontractors, and employees.
Resources:
- Funds;
- Contractual authority (e.g., right to file claims and protests, VECP clauses, etc.);
- Statutory and Regulatory authority (e.g., bankruptcy protection, etc.);
- Subcontractors and suppliers;
- Contractor’s insurance;
- Professional services (accountants, consultants, attorneys, etc.);
- Skilled employees (tradesmen, engineers, attorneys, contracting specialists, etc.);
- Goodwill / reputation
Each contract or project also may present unique interests and resources to add to these standard items.