CFCM Study Guide - Part 13 Simplified Acquisition Procedures Questions With Complete Solutions
CFCM Study Guide - Part 13 Simplified Acquisition Procedures Questions With Complete Solutions By employing simplified acquisition, the government can: correct answer: -reduce its administrative costs -promote efficiency & economy in contracting -avoid burdening agencies & contractors Simplified acquisition procedures under the SAT shall be used to the maximum extent possible, unless correct answer: a mandatory source is required by part 8 or the requirement can be met under an existing contact Simplified Acquisition Procedures (SAP) correct answer: those methods prescribed in FAR part 13 for making purchases of supplies & services, including construction, research & development, and commercial items, not exceeding the SAT. Simplified Acquisition methods include: correct answer: PO's, BPA's, GPC, imprest funds, 3rd party drafts Benefits to using SAP correct answer: -reduces administrative costs -improves opportunities for SBs, SDBs to obtain a fair proportion of govt contracts -promotes efficiency & economy in contracting -avoids unnecessary burdens for agencies & contractors
Written for
- Institution
- CFCM - Certified Federal Contract Manager
- Course
- CFCM - Certified Federal Contract Manager
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- August 6, 2023
- Number of pages
- 15
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- 2023/2024
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- Exam (elaborations)
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cfcm study guide part 13 simplified acquisition
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