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Quesion on procurement

Posted: Fri Oct 17, 2014 3:58 am
by bandarna
A seller completes work as specified in procurement statement of work, but the buyer is not pleased with the results. The contract is considered to be:
A. Null and Void
B. Incomplete
C. Complete
D. Rework required
I have chosen Incomplete because buyer is not happy and he can’t be signing the closing document right? How can this is Complete?

-Narsimha

Re: Quesion on procurement

Posted: Fri Oct 17, 2014 5:31 am
by bs_pani
Rita procurement management chapter Q2. Answer ref Rita page 2.

The contract is complete as long as procurement statement are complete. The seller / buyer can either file a claim or go to court later on because of deviation but as long as the procurement statement is completed the contract is complete. Also the procurement can be closed before the settlement in the court.

Cheers,
Bhabani

Re: Quesion on procurement

Posted: Sat Oct 18, 2014 12:27 am
by saket
A seller completes work as specified in procurement statement of work, but the buyer is not pleased with the results. The contract is considered to be:


The statement has been made confusing, that work is complete as per contract but the buyer is not happy. We use procurement statement of work for this reason only, since it makes the role and responsibility clear and also defines the scope of vendor work. So since vendor/seller did the work, it is complete

Re: Quesion on procurement

Posted: Sat Oct 18, 2014 5:37 pm
by umeshbww
Contract is complete - why would seller do any work which is not specified as per contract.

Example : You asked painter to paint house with green color; he did as per contract specification (green color); although after painting house - you're not happy with green color the way it looks now. You wished you had painted with white cream color instead. But contract is complete; now if you want another color - you will have to pay extra or start new contract.