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Pages 5-10

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From page 5...
... 5As stated earlier, the procurement of ITS is a challenging task. This guide should be considered as a tool to be used to overcome this challenge.
From page 6...
... Start Budget andSchedule OK Establishing project feasibility Consider COTS and Outsourcing Execute Decision Process including Contract Terms and Conditions No Yes Prepare WBS for contracting process Prepare Statement of Work * Prepare Selection Criteria Prepare operations & maintenance plan Prepare RFP and Execute Procurement Plan Procurement Completed Stakeholders & Management Management Contracts Legal *
From page 7...
... Some of the ways in which consultant contracts may be used include systems design and installation support, inspection, design, and documentation and training. • Services -- Contracts for other forms of services are frequently awarded during the life cycle of an intelligent transportation system.
From page 8...
... Contract Type Numerous types of contracts are available for use with different types of projects and under various circumstances. Contract types may vary according to the degree and timing of responsibility assumed by the contractor for the costs of performance and the amount of time and nature of the profit incentive offered to the contractor for achieving or exceeding specific standards or goals.
From page 9...
... For firm, fixed-price contracts, the contractor assumes all of the financial risk. The agency assumes all of the financial risk for time and materials contracts.
From page 10...
... 10 Guide to Contracting ITS Projects procurement approach being used for the system acquisition. The process model must define the procurement approach rather than permitting the procurement approach to define the systems engineering process.


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