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Description

The government has its policy on liability for the loss of government property in the possession of prime contractors. But what about when the prime provides government property to a subcontractor? Which liability provision applies then? We'll find out the answer, and it may surprise you!

Learning Objectives:
1. To recognize the government policy regarding the loss of government property in the possession of the prime contractor.
2. To recognize the requirement imposed upon the prime contractor to flow down the "appropriate" risk of loss provision to the subcontractor.
3. To recognize the appropriate flowdown of the risk of loss provision for subcontractors and the various forms it may take.

Learning Level: Intermediate

CMBOK Competencies: 
6.3 Manage Subcontracts; 6.1 Administer Contracts