Which of the following best describes the function of the Statement of Objectives (SOO)?

The function of the Statement of Objectives (SOO) is best captured by outlining overall performance objectives and providing flexibility for solutions. The SOO serves as a high-level strategic document that defines the desired outcomes and objectives that the government or contracting agency wants to achieve through the contract. It does not focus on specific contractor responsibilities, detailed requirements, or cost management practices. Instead, it allows potential contractors to propose innovative solutions to meet those objectives, fostering creativity and providing room for varied approaches to successfully achieve the intended results.

This flexibility and focus on performance enhance the potential for better project outcomes since contractors can tailor their solutions based on their expertise and insights. The other options do not align with the primary purpose of the SOO, which is why they do not accurately describe its function.