CON 1100V UNIT 2 QUESTIONS & ANSWERS SOLVED 100% CORRECT!!

Post-Awarding involves: - ️️1. Post-Award Orientation 2. Modifications 3. Contract Administration 4. Claims/Disputes 5. Close-Out Industry Engagement is most important when: - ️️developing business strategies and understanding what motivates a contractor throughout the contracting life cycle. 3 Phases of the Contracting Life Cycle include: - ️️1. Pre-Award 2. Award 3. Post-Award 5 Stages of the Contracting Life Cycle include: - ️️1. Acquisition Planning 2. Solicitation 3. Evaluation 4. Award 5. Contract Administration Industry best motivates contractors by - ️️exploring how business strategies affect our partners, and how to establish a mutual business relationship with a contractor. Acquisition Planning Stage involves: - ️️1. Identifying acquisition team. 2. Conducting market research. 3. Understanding industry. 4. Describing agency needs. 5. Performing meaningful risk analysis. 6. Formulating contract strategy. 7. Preparing solicitation. 8. Publicizing (advertising) contract actions. Evaluation stage involves: - ️️1. Proposals 2. Price/Cost Analysis 3. Holding Discussions/Negotiations 4. Determining Responsiveness/Responsibility 5. Documenting Basis for AwardAward stage involves: - ️️1. Awarding the contract. 2. Notifying industry & bidders/offerors. 3. Holding meaningful debriefs. 4. Addressing any post-award protests.