CON 3990 Contracting Certification Quiz 3 of 4/Complete with Answers Verified and Graded 2024 Update

It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from? Responsible sources What are the two types of negotiated acquisitions? Sole source and competitive What is the objective of a source selection? To select the proposal that represents the best value Which contract type shifts cost risk from the Government to the contractor? Fixed-price Which of the following best describes the purpose of proposal analysis? To ensure the price is fair and reasonable Which type of solicitation may require the submission of certified cost or pricing data? Request for proposals A contracting officer has the broadest discretion in fashioning suitable evaluation procedures when considering? Quotations Which acquisition situation would warrant an exception to the requirement for certified cost or pricing data? Commercial item acquisition