Clc 056 100 sure Study guides, Class notes & Summaries
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CLC 056 100% SURE TOP-NOTCH QUESTIONS AND ANSWERS (2024 UPDATE)
- Exam (elaborations) • 41 pages • 2024
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Cost analysis is the review and evaluation of the separate cost elements and proposed profit/fee 
of an offeror's certified cost or pricing data or data other than certified cost or pricing data. 
It is important to evaluate the separate cost elements and proposed profit/fee to determine how 
the proposed costs represent the cost of the contract, assuming reasonable economy and 
efficiency. - Contracting Officers are required to purchase supplies and services from 
responsible sources at fa...