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This document outlines proposed changes exceeding $500,000 for contracts related to computer software development, hardware acquisition, or quality assurance as part of the Michigan Department of
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How to fill out report of proposed changes

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How to fill out Report of Proposed Changes in Excess of $500,000 To Current Contracts for Computer Software Development, Hardware Acquisition, or Quality Assurance

01
Begin by clearly identifying the current contract number and title at the top of the report.
02
Provide a brief description of the proposed changes that exceed $500,000.
03
Justify the need for the changes, detailing the impact on project scope, timeline, and budget.
04
Break down the cost implications of the proposed changes, including itemized expenses.
05
Include any supporting documentation or evidence that substantiates the need for the changes.
06
Review the report for accuracy and completeness before submission.
07
Submit the report to the appropriate authority for approval.

Who needs Report of Proposed Changes in Excess of $500,000 To Current Contracts for Computer Software Development, Hardware Acquisition, or Quality Assurance?

01
Organizations involved in computer software development, hardware acquisition, or quality assurance projects with contracts exceeding $500,000.
02
Project managers and stakeholders who need to propose significant adjustments to existing contracts.
03
Regulatory bodies or financial oversight committees that require documentation of proposed contractual changes.
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It is a formal document required to notify relevant authorities about proposed changes to existing contracts for software development, hardware acquisition, or quality assurance that exceed $500,000.
Organizations or contractors involved in federal contracts for computer software development, hardware acquisition, or quality assurance that plan to make changes exceeding $500,000 must file this report.
To fill out the report, provide detailed information regarding the proposed changes, including descriptions, the rationale for changes, estimated costs, and any potential impacts on the contract terms.
The purpose of the report is to ensure transparency and accountability in the management of government contracts, allowing oversight bodies to evaluate proposed changes that could significantly affect contract execution and costs.
Key information to be reported includes the nature of the proposed changes, justifications for the changes, impacts on contract costs and timelines, and any relevant supporting documentation.
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