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What are centralized and decentralized contracts. Explain their advantages and disadvantages.
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written 2.9 years ago by
sourav108555
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1) Centralized Contact: In centralized contact a single organizational entity is responsible for the entire contracting process. The Office Chief or manager is accountable to senior management for all contracting activities. Contracting processes are typically standardized and uniform across all projects.
Benefits/Advantages of Centralized Contract:
- Economies of scale, increasing efficiency …
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