CFCM Final Exam Questions with 100% Correct Answers | Verified | Latest Update 2024 | Already Passed

CFCM Final Exam Questions with 100% Correct Answers | Verified | Latest Update 2024 | Already Passed What is a Certificate of Competency? - A certificate issued by the SBA stating that the holder is responsible, for the purpose of receiving and performing a specific Government contract Except as specifically permitted by executive agencies, the fast payment procedure may not be used for individual purchasing instruments exceeding what amount? - $35,000 What can a contractor access online at ? - The government wide point of entry Application of size standards includes specifying the size standard in the - solicitation When the value of the contract is $100,000 the agency will be required to use - SAP How is the publication of a paid advertisement in a newspaper authorized? - By the head of the agency, by giving written authorization The unilateral right in a contract by which the Government may elect to purchase additional supplies or services called for by the contract is called what? - Option