Study guides, Class notes & Summaries

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...

CON 3990 Contracting Certification Quiz 3 of 4 1.It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from? Responsible sources 2,What are the two types of negotiated acquisitions? Sole source and competitive 3.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...

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...

CON 3990 Contracting Certification Quiz 2 of 4 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 ...

CON 3990 Contracting Certification Quiz 1 of 4 1.Market research is conducted during which phase of acquisition? All phases of the acquisition 2.What is the use of a procedure that is inconsistent with the FAR? Deviation 3.Simplified Acquisition Procedures (SAP) should? Promote competition to the maximum extent practicable 4.What is the tool (form) used by DoD to apply a structured profit/fee? DD Form 1547, Weighted Guidelines Method 5.What type(s) of contracts can be awarded when acqui...

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-price co...

CON 3990 Contracting Certification Quiz With Verified Answers @ 2024...

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-...