Easily Remove US Currency Field into the Commercialization Agreement

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How to Remove US Currency Field into the Commercialization Agreement

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in this video Im going to be explaining how to create a currency field inside of Salesforce are we going over the setup and how to move it around on the page welcome to the channel my name is Nick thank you ever so much for giving this video a watch hopefully it will be a value to you just before we get into the video if youd like any help at all setting up Salesforce for your business check out my website below we would be delighted to help so without further Ado lets get straight into the video like I just mentioned in this video Im going to be explaining how to create a currency field inside of Salesforce so essentially that is of a monetary value its going to have the monetary symbol dependent on which area of the world youre in if youre in the UK you will have the pound sign if youre in the US youre going to have the dollar sign so for this example video Im just going to head over to Opportunities and what I would like to do is create a currency field like or almost iden

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What is the federal acquisition process?

The acquisition process is typically divided into four phases: pre-solicitation, solicitation and evaluation, award, and contract administration.

What is FAR part 12 commercial items?

Part 12 of the FAR ensures that contractors and government alike avoid the time-consuming and formal process of a fully negotiated procurement process for (1) purchases of a relatively small value, or (2) where the goods and services are already available in general commerce.

What can be changed under the changes clause?

A good Changes Clause specifies when an owner can change the original scope of the contract, how the parties should resolve the value of the changed scope and when payment should be made to the contractor or a credit given to the owner.

What is the use of commercial contracts FAR part 12 by the government requires?

FAR Part 12 requires that agencies conduct market research to determine whether commercial items are available that could meet the agencys requirements and to acquire such items when they are available.

What steps must be taken for the contracting officer to modify the contract?

What steps must be taken for the Contracting Officer to modify the contract? Contracting Officers Representatives do not have authority to modify the contract; however, they are vital to the process as they are relied upon to notify the Contracting Officer of required contract changes and evaluating proposals.

Does the changes clause apply to FAR Part 12 commercial contracts?

When using FAR Part 12 procedures for the acquisition of commercial items, the Government does not have authority to unilaterally require changes.

Does FAR Part 12 minimizes the number of provisions and clauses required for commercial item acquisitions?

FAR Part 12 minimizes the number of provisions and clauses required for commercial item acquisitions? True, When acquiring commercial items, contracting officers are required only to use those provisions and clauses defined in PART 12, notwithstanding contained elsewhere in the FAR.

Does the FAR apply to foreign companies?

The FAR applies to companies with U.S. federal contracts or subcontracts for goods and services (other than commercial off-the-shelf items) to be acquired outside the U.S. with an estimated value of more than $500,000 USD.

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