QUESTIONS WITH CONFIRMED RESPONSES
◉ SON document. Answer: Strategic Statement of Need document
◉ market research planning. Answer: 1) potential solutions in
marketplace and govt
2) availability of commercial services
3) current market price
4) terms and conditions
5) industry standards
6) specific requirements
7) potential risks
◉ technical skills for market research. Answer: comparative
analysis, quantitative data, qualitative data, financial analysis
◉ performance based acquisition strategy. Answer: at least 40%
performance indicator
◉ Statement of Work (SOW). Answer: 1) describes work to be
performed or services rendered
, 2) defines responsibilities of gov't and contractor
3) provides objectives measure of completed work
◉ Performance Work Statement (PWS). Answer: 1) emphasizes
outcomes
2) usually, simplified contract administration
3) may include positive/negative incentives
4) shifts responsibilities for achieving acceptable performance to the
contractor
◉ technical requirements must be SMART, which stands for. Answer:
specific, measurable, attainable, relevant, timely
◉ recurring requirements. Answer: repetitive purchase of the same
product or service over a set time period
◉ types of contracts. Answer: 1) fixed-price (FFP)
2) cost-reimbursement (CPFF)
3) incentive
4) indefinite-delivery
5) time and materials, labor-hour, and letter