CONTRACTING OFFICER REPRESENTATIVE COURSE 2026 COMPLETE EXAM SCRIPT WITH SOLUTIONS

CONTRACTING OFFICER REPRESENTATIVE
COURSE 2026 COMPLETE EXAM SCRIPT WITH
SOLUTIONS

◉ FFP key features. Answer: - price wont change with contractors
cost increase
- risk and responsibility for costs mainly on contractor
- gov't contract administration minimized
- preferred contract type


◉ FFP contract is best used when. Answer: - work can be clearly
defined
- reasonable price comparisons
- realistic estimates are possible
- stable environment/requirements


◉ cost plus fixed fee (CPFF) contract key features. Answer: - fee is
negotiated and fixed
- effort poses too great a risk
- limitations are imposed

, ◉ incentive contracts key features. Answer: - used fixed-price
contracts are not appropriate
- incentive results in lower costs
- incentive results in improved delivery or technical performance


◉ indefinite-quantity contracts key features. Answer: - minimal
gov't levels maintained
- flexibility in quantities and schedule
- limit gov't obligation


◉ time and materials (T&M) contracts key features. Answer: - direct
labor hrs at specified rate
- materials at actual cost
- gov't surveillance necessary


◉ T&M contracts is best used when. Answer: -type of labor is known
-gov't assumes risk
-labor hr is a variation


◉ basic order agreement (BOA). Answer: - terms and clauses for
future contracts
- method for pricing, issuing, delivering