CON 3990 Contracting Certification Quiz 3 of 4 Exam 100% Solved 2024

ntracting Certification Quiz 3 of 4 Exam 100% Solved 2024 It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from? - answerResponsible sources What are the two types of negotiated acquisitions? - answerSole source and competitive What is the objective of a source selection? - answerTo select the proposal that represents the best value Which contract type shifts cost risk from the Government to the contractor? - answerFixed- price Which of the following best describes the purpose of proposal analysis? - answerTo ensure the price is fair and reasonable Which type of solicitation may require the submission of certified cost or pricing data? - answerRequest for proposals A contracting officer has the broadest discretion in fashioning suitable evaluation procedures when considering? - answerQuotations Which acquisition situation would warrant an exception to the requirement for certified cost or pricing data? - answerCommercial item acquisition A proposal submission time and date of 2 p.m. on February 3, 2020, appeared on the cover page of a Government solicitation. Based on the information provided at FAR 52.215-1, Instructions to Offerors - Competitive Acquisitions, which of the following proposals is late? - answerThe contractor provided its proposal at 2:15 p.m. on February 3, 2020 When a contractor submits a Certificate of Current Cost or Pricing data, it is certifying that? - answerThe data submitted in support of a negotiations are current, accurate, and complete. Which of the following are limited exchanges between the Government and offerors that may occur when award without discussions is contemplated? - answerClarifications Negotiating positions should be developed through which of the following? - answerPrice or cost analysis