Study guides, Class notes & Summaries

It is the Government's policy that before executing a contract, the contracting officer must? Obtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Government contracting? Purchase the requirement as a commercial item. Contracting officers shall provide property to contractors only when it is clearly demonstrated that? The overall benefit to the acquisition significantly outweighs the inc...

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 p...

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 p...

Market research is conducted during which phase of acquisition? All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? Deviation Simplified Acquisition Procedures (SAP) should? Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? DD Form 1547, Weighted Guidelines Method What type(s) of contracts can be awarded when acquiring commercial items of supply? Only firm-fixed...

Market research is conducted during which phase of acquisition? All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? Deviation Simplified Acquisition Procedures (SAP) should? Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? DD Form 1547, Weighted Guidelines Method What type(s) of contracts can be awarded when acquiring commercial items of supply? Only firm-fixed...

A postaward orientation aids both Government and contractor personnel to? Achieve a clear and mutual understanding of all contract requirements and identify and resolve potential problems When late in paying an otherwise acceptable invoice, the Government will? Pay an interest penalty When acquiring commercial items, quality assurance is primarily the responsibility of? The contractor You have a requirement for an online subscription to Engineering News Record. The site owner require...

A postaward orientation aids both Government and contractor personnel to? Achieve a clear and mutual understanding of all contract requirements and identify and resolve potential problems When late in paying an otherwise acceptable invoice, the Government will? Pay an interest penalty When acquiring commercial items, quality assurance is primarily the responsibility of? The contractor You have a requirement for an online subscription to Engineering News Record. The site owner require...

It is the Government's policy that before executing a contract, the contracting officer must? Obtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Government contracting? Purchase the requirement as a commercial item. Contracting officers shall provide property to contractors only when it is clearly demonstrated that? The overall benefit to the acquisition significantly outweighs the increase...

It is the Government's policy that before executing a contract, the contracting officer must? Obtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Government contracting? Purchase the requirement as a commercial item. Contracting officers shall provide property to contractors only when it is clearly demonstrated that? The overall benefit to the acquisition significantly outweighs the increase...

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...