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A. The contract fee is contractor performance related.
B. It establishes a historical base for contractor selection.
C. It acts as a point of reference for making legal procurements.
D. Most contracts make them a necessity.
E. They are legally required in many jurisdictions.
The right answer is: B
B. It establishes a historical base for contractor selection.
in technical as well as financial capability
The most suitable option is
B. It establishes a historical base for contractor selection
My answer to this question is option B
Thanks for the opportunity provided to attemp such a good Question.
Option D & E as these are very subjective.
However, post contract evaluation is very important and vital for all the first three reasons as the outcome can assist the management contract team with following information which is very important in decision making :-
Supporting Option A : To find out if the deliverables are matched by the contrator or not ? This will guage the performance of the contractor and help the team to decide the full & final formalities (Settlement of final bills, release of retention money and issue of performance/completion certificates).
Supporting Option B: The evaluation report will also help the contract team in formulating future contract policy or approach that may require some improvisation in processes, terms or specification.
Supporting Option C: The evaluation report helps the contract/project managers in highlighting grey areas where the contractor has breached any of the terms or specification.Which then acts as a point of reference for making legal procurements.
