Contracting officer co Study guides, Class notes & Summaries

for the holidays, one of your contractor employees gives you a book on Navy history. the book retails for $24.95, but since his company bought it in bulk, it only cost them $19.95. May you keep it? no unless you pay the contractor the fair market price of $24.95 rob and Margaret have been friends for over 10 years. for their birthdays, they each treat each other to a special steak dinner. Rob works for NAVSEA... yes, because the gift is motivated by personal relationship Brainp...

Bail Bonds Louisiana Exam With 100% Correct Answers 2023 Acquit - Correct Answer-to set free:to judicially discharge from an acquisition;to clear (a person) of a criminal charge Bail Enforcement - Correct Answer-the apprehension or surrender of a principal by a natural person who is released on bail or who has failed to appear at and state of the proceedings to answer to the charge before the court, in which he may be prosecuted obligor - Correct Answer-the party who owes the duty or debt...

Contracting Officer Warrant Board Questions (Practice Questions to prepare for Contracting Officer warrant board) Latest Updated Questions & Answers…

You are the PCO for a major competitive negotiated source selection. The RFP, which reflects the user's requirements and is based on the user's budget, has a requirement for 220 cargo loaders to be delivered at 55 per year over the next four years. One offeror proposes to deliver all 220 loaders in the first year at a dramatically reduced price. Can you accept the offeror's proposal? What factors should you consider in your decision? answer: - You can accept the offeror's proposal under c...

Contracting Officer Representative (COR) 101 Questions and Answers 100% Correct

Contracting Officer (CO) - ANSWER A Federal employee delegated authority to award, administer, and terminate contracts, purchase orders, delivery orders, task orders and modifications; obligate Government funds; and make determinations and findings, all subject to the limitations of his or her Certificate of Appointment. Contracting Officer's Representative (COR) - ANSWER A Federal employee appointed in writing, delegated limited responsibilities by a CO to perform specified contract managem...

CON 170 Fundamentals of Cost and Price Analysis MIDTERM EXAM_2023. 1. Which of the following statements most closely summarizes government pricing objectives? b. Acquire goods and services from responsible sources at fair and reasonable prices. 2. As a contract specialist, you should be aware that: a) Different sellers in the same market may have different pricing objectives and approaches. b) Sellers in different markets often have different approaches to contract pricing. c) A single fir...

Contracting Officer's Representative (COR) Training-For brand new COR's or returning COR's who need a refresher Contracting Officer's Representative (COR) - answer-Someone appointed by a Contracting Officer to help monitor the performance of a contract. Contracting Officer (KO) - answer-Appoints the COR. Develops the contract. Only person with legal authority to direct a contractor to perform as task. Contract - answer-An agreement between two parties that is legally binding. Perfo...

Contracting Officer Class Questions and Answers With Complete Solutions 100% Correct

Contracting Officer Representative (COR) 101 Questions and Answers 100% Pass Contracting Officer (CO) A Federal employee delegated authority to award, administer, and terminate contracts, purchase orders, delivery orders, task orders and modifications; obligate Government funds; and make determinations and findings, all subject to the limitations of his or her Certificate of Appointment. Contracting Officer's Representative (COR) A Federal employee appointed in writing, delegated limite...