CON 3990 Contracting Certification Quiz 1 of 4 exam 2023/2024 with 100% correct answers

Market research is conducted during which phase of acquisition? correct answersAll phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? correct answersDeviation Simplified Acquisition Procedures (SAP) should? correct answersPromote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? correct answersDD Form 1547, Weighted Guidelines Method What type(s) of contracts can be awarded when acquiring commercial items of supply? correct answersOnly firm-fixed-price contracts or fixed-price contracts with economic price adjustment When using invitations for bids (IFBs), what type(s) of contracts can be awarded? correct answersOnly firm-fixed-price contracts or fixed-price contracts with economic price adjustment Which of the following is correct regarding the DFARS Procedures Guidance and Information (PGI)? correct answersThe DFARS PGI is a companion resource to the DFARS Which of the following statements is accurate regarding the Government's policy on contract modifications? correct answersOnly contracting officers acting within the scope of their authority are authorized to execute contract modifications on behalf of the Government Which of the following is accurate about unilateral modifications? correct answersAre only signed by a Government contracting officer, not the contractor