Which activity is specific to the Award phase?

The activity that is specific to the Award phase is the formation of the contract. This phase is crucial as it formalizes the agreement between the contracting parties following the selection process. During this phase, the terms and conditions agreed upon during negotiations are finalized, and the contract document is created and signed by both parties. This contract serves as the legal framework for the expected deliverables, timelines, responsibilities, and obligations of each party.

In the context of the award phase, other activities are generally part of different phases in the contracting lifecycle. Conducting market research typically occurs in the planning or pre-award phase, where information is gathered to inform decisions about procurement strategies and potential suppliers. Performing the contract takes place during the execution or performance phase, where the agreed-upon terms are put into action. Finally, closing the contract is an activity associated with the post-award phase, addressing the conclusion of all contractual obligations and ensuring that all terms have been fulfilled correctly. Thus, forming the contract is distinctly aligned with the Award phase of the contracting process.