Are Payments under Fixed Price Construction Contracts subject to the Prompt Payment Act? . Explain.

POINT PAPER FORMAT AND CONTENT REQUIREMENTS As contracting officers, communication of ideas and concerns is an important skill. Point papers are a useful way to capture the essence of an issue and its main points or to summarize the contents of a lengthy document or briefing. Point papers are frequently used as read-aheads to prepare the decision maker for briefings, conferences, and trips. There are many formats used across the government, with each agency/organization having their own particular flavor. Some prefer Bottom Line Up Front (BLUF), while other agencies focus on the analysis and a recommendation supported by the narrative. The point paper format used in this course is generic and should be acceptable to any situation as a starting point. The FAIR model outlines the topics main points, facts, assumptions, issues and recommendations. However, it is not acceptable to reduce this to a bullet list. This had boundingRect. Point Paper Name: Date: SUBJECT: Use a word or phrase to define the topic (include the number of the hot topic from the list). PURPOSE. In this paragraph, identify the topic and the reason it is important. You should 1. explain why you are providing the information. In a BLUF version, the purpose statement will also include the bottom line. Regardless, the Conclusion/Recommendation should match the topic stated in this opening paragraph. DISCUSSION. Your main discussion points should be presented in relatively short paragraphs, 2. to the point, and easy to read. Avoid using bullet points as the paper. There are very few issues which need to be put in writing that can be identified and discussed in a bullet. If there are points that can only be presented as a list, those bullets should be wrapped by an opening/closing discussion. Be sure to address the points and counterpoints of the problem. Summarize the impact of the issue on the organization. RECOMMENDATIONS. Based on the discussion and points/counterpoints, recommend actions 3. the decision maker should take in anticipation of possible outcomes. Recommendations should support the organization’s goals and the decision maker’s intent. If the issue is complex, you may have to coordinate the point paper before sending it to the decision maker. REFERENCES. Be sure to cite applicable laws, regulations, policy, and technical publication 4. references. It is important to recognize when an issue is bounded by law (and therefore inflexible) and when it is based on a policy (which implies there is the potential for waiver or exemptions).