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Contracts: General Study Questions and answers.
- IWM: this would not disclaim the IWM because it does not explicitly say "merchant" or "as is." -IWF: This would sufficiently disclaim the IWF. Express warranty: R: express warranties are interpreted in the context of the k for consistency → but if there is a contract that has an express warranty and another part of the contract is a disclaimer of that express warranty, the tie goes to the express warranty. - exclusion example: "Seller hereby disclaims all warranties, exp...
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Exam (elaborations)
Contracts 2 Questions and answers.
PopularContracts 2 Questions and answers.
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Exam (elaborations)
Contracting Officer Warrant Board Latest Actual Exam With Verified Questions & Correct Answers
NewContracting Officer Warrant Board Latest Actual Exam With Verified Questions & Correct Answers
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Contact Officer Quizzes Frequently Tested Actual Exam Questions With Correct Answers
NewContact Officer Quizzes Frequently Tested Actual Exam Questions With Correct Answers
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CON 0160 Competition in Contracting Exam questions and answers Graded A+
NewCON 0160 Competition in Contracting Exam questions and answers Graded A+
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CON 0074 - Source Selections questions and answers Graded A+ Source Selection Authority, before the solicitation is issued - Who approves the Source Selection Plan, and when? False - The use of non-govt personnel as advisors during a source selection
NewCON 0074 - Source Selections questions and answers Graded A+ Source Selection Authority, before the solicitation is issued - Who approves the Source Selection Plan, and when? False - The use of non-govt personnel as advisors during a source selection is prohibited by the FAR Lowest - Highest - The tradeoff process is appropriate when it is in the govt's best interest to consider award to other than the ____ priced offeror of other than the ____ technically related offeror. T...
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CON 0160 Competition in Contracting Exam questions and answers Graded A+
NewCON 0160 Competition in Contracting Exam questions and answers Graded A+ Which of the following three factors should be considered when conducted market research to determine the availability of a commercial item? - NOT: There are no factors to be... A notice of a proposed contract action is required when: - Don't know the answer A J&A is required when a government-to-government agreement between the purchaser foreign government and the U.S. Government occurs, and the agreem...
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Exam (elaborations)
CON 200 Business Decisions for Contracting Exam questions and answers Graded A+
NewCON 200 Business Decisions for Contracting Exam questions and answers Graded A+ Although undefinitized contract actions (UCAs) may be necessary to support urgent needs, these actions are not a desirable form of contracting because the government bears the majority of the cost and risk during the undefinitized period. - True How does a cost-plus-incentive-fee (CPIF) contract differ from a fixed-price incentive firm (FPIF) contract? - CPIF contracts do not have a ceiling price Whic...
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Exam (elaborations)
CON 237 Simplified Acquisition Procedures Exam questions and answers Graded A+
NewCON 237 Simplified Acquisition Procedures Exam questions and answers Graded A+ You have a requirement to buy a large commercially available, prefabricated wash rack for your installation. The catalog price is $102,000. - Simplified acquisition procedures can be used The Director of training for the installation has a request to purchase 25 televisions and 25 DVD recorders for the new training facility that will open next month. Each television will cost approximately $525, and each...
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Exam (elaborations)
CON 244 CONSTRUCTION CONTRACTING Exam questions and answers Graded A+
NewCON 244 CONSTRUCTION CONTRACTING Exam questions and answers Graded A+ What is Construction - Alteration or Repair (including dredging, excavation, and painting) of buildings, structures, or other real property. New capability or footprint. What is included in Construction? - Bridges, dams, plants, highways, parkways, streets, subways, tunnels, sewers, mains, power lines, cemeteries, pumping stations, railways, airport facilities, terminals, docks, piers, wharves,lighthouses, buoy...
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Exam (elaborations)
CON 244 CONSTRUCTION CONTRACTING Exam questions and answers Graded A+
NewCON 244 CONSTRUCTION CONTRACTING Exam questions and answers Graded A+ What is Construction - Alteration or Repair (including dredging, excavation, and painting) of buildings, structures, or other real property. New capability or footprint. What is included in Construction? - Bridges, dams, plants, highways, parkways, streets, subways, tunnels, sewers, mains, power lines, cemeteries, pumping stations, railways, airport facilities, terminals, docks, piers, wharves,lighthouses, buoy...
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Exam (elaborations)
CON 367 Exam 1 Review questions and answers Graded A+
NewCON 367 Exam 1 Review questions and answers Graded A+ What is a Project delivery system? - Defines structure, relationship, and processes for a project - Details the roles and responsibilities of all parties - Outlines how a project will be designed, constructed, and managed - Determine the way stakeholders work together during planning, design, and construction of a project. What are the types of project delivery systems? - Design-bid-build - CM at risk - Design Build - Multiple prime -...
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Exam (elaborations)
CON 465 Midterm Exam questions and answers Graded A+
NewCON 465 Midterm Exam questions and answers Graded A+ Executive Summary - Firm's Qualifications Special Expertise Team Member Names Company Information - Identification of Firm (Address, Phone #, License, Email, Est. Date), Annual Volume for Last 5 Years Anticipated Volume for Year Plans for Next Two Years Company Organizational Chart - Breakdown of Firm Personnel by Category (PM, Super., Estimators) Personal Interactions Project Team Photo Sheet - Team including Roles ...
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Exam (elaborations)
CON 1100V Unit 2 Exam questions and answers Graded A+ Scenario: A contracting officer has a requirement for supplies for public use in Oregon valued at $10,000. None of the exceptions at FAR 25.103 and DFARS 225.103 apply. Question: Is the contractin
NewCON 1100V Unit 2 Exam questions and answers Graded A+ Scenario: A contracting officer has a requirement for supplies for public use in Oregon valued at $10,000. None of the exceptions at FAR 25.103 and DFARS 225.103 apply. Question: Is the contracting officer required to acquire only domestic end products? a. Yes b. No c. Only if the contract will be set aside for small business concerns Reference: ________________ b. No Reference: FAR 25.100(b)(1)
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Exam (elaborations)
Con 1200 Exam questions and answers Graded A+
NewCon 1200 Exam questions and answers Graded A+ Which of the following statements is correct regarding the government's policy for describing agency needs? - Restrictive provisions can only be used to the extent necessary to meet agency needs or as authorized by law Which of the following types of requirements documents state only the operational characteristics to be achieved? - Performance What statement is true regarding product and service codes? - Product and services codes s...
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Exam (elaborations)
Con 1200 Exam questions and answers Graded A+
NewCon 1200 Exam questions and answers Graded A+ Which of the following statements is correct regarding the government's policy for describing agency needs? - Restrictive provisions can only be used to the extent necessary to meet agency needs or as authorized by law Which of the following types of requirements documents state only the operational characteristics to be achieved? - Performance What statement is true regarding product and service codes? - Product and services codes s...
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Exam (elaborations)
CON 1200 Exam questions and answers Graded A+
NewCON 1200 Exam questions and answers Graded A+ What defines performance-based acquisitions and describes required results in clear, specific and objective terms with measurable outcomes? - Performance Work Statement (PWS) What establishes and defines all non-specification requirements for contractor's efforts either directly or with the use of specific cited documents? - Statement of Work (SOW) What is the Government prepared document that states the overall performance objecti...
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Exam (elaborations)
CON 1200 Review Exam questions and answers Graded A+
NewCON 1200 Review Exam questions and answers Graded A+ Whose responsibility is it to review past performance during the Pre-Award phase? Contracting Officer (KO) ___________ is the Preferred method because it puts the risk on the contractor and has measurable metrics and milestones which incentivize a contractor. Performance Work Statement (PWS). ___________ is the least preferred because they shift all risk to the government. Statement Of Work (SOW). What is the order of prece...
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Exam (elaborations)
CON 1200 Exam2 questions and answers Graded A+
NewCON 1200 Exam2 questions and answers Graded A+ What is policy on publicizing contract actions (3 reasons)? FAR Part 5 - Publicizing Contract Actions -Publicizing and Response Time- K.O. establishes response time. notices out 15 days before solicitation. 30 day response for commercial. 45 day response for R&D. -synopsis required for >$25,000 unless ETP K.O. publish on GPE gov point of entry Dollar thresholds of advertising 1.>$10K - $15K advertised locally 2.$15K - $25K P...
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Exam (elaborations)
CON 1200V Unit 03 Exam questions and answers Graded A+
NewCON 1200V Unit 03 Exam questions and answers Graded A+ What are the two Domains in the Pre-Award Phase? - Domain A & Domain B Domain A - Develop Solicitation: The process for the buyer of determining and explaining requirements Domain B - Develop Offer: The process of the seller of developing business practices and strategies to respond to and win solicitations Two Competencies of Domain A - 1) Plan Solicitation 2) Request Offers Two Competencies of Domain B -
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Exam (elaborations)
CON 1200V - Unit 4 Acquisition Planning Exam questions and answers Graded A+
NewCON 1200V - Unit 4 Acquisition Planning Exam questions and answers Graded A+ Is the act of planning, and is required in every acquisition. Acquisition planning. Is a physical document and does not have to be completed in every acquisition. Acquisition Plan When should acquisition planning begin? As soon as the agency need is identified, preferably well in advance of the fiscal year in which contract award or order placement is necessary. Whether you need a written Acquisition P...
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Exam (elaborations)
CON 1300 Exam questions and answers Graded A+
NewCON 1300 Exam questions and answers Graded A+ All of the above Which of the following is an example of a Price Analysis Technique? A. Parametric estimating Methods B. Comparison with competitive published price list C. Comparison of proposed prices received in response to the solicitation D. All of the above Schedule Which one is a key contract risk element? A. Customer B. Supplier C. Material D. Schedule Reasonable It is 20X5 and you are evaluating an offer of ...
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