CON 170 EXAM QUIESTION PART 2

CON 170 EXAM QUIESTION PART 2Notes: Which of the following only includes elements of a CPIF contract target cost, target fee, fee adjustment formula. Which one of the following would most likely require the submission of certified cost or pricing date: A sole source requirement for a government unique item an expected value of 1 million. Which of the following statements are correct regarding data other than certified cost or pricing data: Government Furnished Property Describe the price related factors associated with government furnished property Applies only to competitive fixed price contracts two types of factors: • Eliminate unfair competitive advantage • Consider government costs or servings related to providing property This price related factors will only be used in fixed price competitively contracts. It does not apply to sole source or cost type contracts. Government Furnished property Offeros) May be in possession of GFP on other government contracts and may wish to incorporate use of such property in their proposal in response to your solicitation. FAR 45.103 ( e) (2) on missions this situation and compels agencies to eliminate to the maximum practical extent any competitive advantage a prospective contractor may have by using government property This is done by adjusting As a DOD contract specialist, you are analyzing a FFP contract proposal for $800,000.00 solicited under full and open competition, for a noncommercial hovercraft. Based on Market Research, the government expects to receive only be offer. Per DoD regulation and guidance. You’re solicited for the appropriate timelines. But only 1 offer was received. No other exceptions to TINA apply: certified cost or pricing data is required: therefore. We shall conduct cost analysis and should conduct price analysis. Which of the following proposal analysis techniques shall be performed in evaluating cost – reimbursement contracts to determine the most probable cost for each: cost realism analysis. In DOD contracting what method should you use to negotiate profit on a contract modification for a contract that was competitively awarded: Structured approach i.e. the weighted guidelines, should be used. DOD contracting officers can (cannot=False) allow contracts to charge profit on G&A expenses: True Per FAR’s instructions for submitting cost/price proposals when certified cost or pricing data (table 15-2). When a contract is required to provide certified cost and pricing data it must breakdown for which of the