Term: Buy a Contract
Bid lower than cost or lower than cost-plus-a-reasonable-markup to be more sure of winning a contract. Used to break into a new industry or to discourage other competitors from entering your own.
Preventing Version-control Problems: Rule #3
Rule #3 for preventing version-control problems is this: Pass version control clearly. Don’t just say what you did with the file; don’t just say where the file is. Say what you did, where it is, and who now has version control.
Preventing Version-control Problems: Rule #2
Rule #2 for preventing version-control problems: Have clear rules for handling online files. Goodness. It sounds simple, doesn’t it?
Term: Draft Contract
An RFP section that lays out the proposed terms and conditions under which the Work will be contracted. Sometimes open for discussion through the Q&A process, but unilateral rejection of any term or condition at the time of submission is usually considered grounds for finding a proposal non-compliant.
Term: Contract
Primarily the legal agreement between the client and the contractor that specifies the terms and conditions under which the Work is to be delivered. In some industries, however, it refers to the body of Work executed by the contractor under the contract: what some other industries refer to as a project.