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The CON 3990 Contracting Certification Quiz 3 of 4 focuses on contract administration, compliance, cost principles, and performance management in federal acquisitions. This quiz assesses knowledge of contract modifications, allowable costs, subcontracting policies, and dispute resolution under the Federal Acquisition Regulation (FAR). Mastering these topics is essential for ensuring proper contract execution, oversight, and adherence to procurement regulations.

It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from? Responsible sources What are the two types of negotiated acquisitions? Sole source and competitive What is the objective of a source selection? To select the proposal that represents the best value Which contract type shifts cost risk from the Government to the contractor? Fixed-price Which of the following best describes the purpose of proposal analysis? To ensure the...

It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from? Responsible sources What are the two types of negotiated acquisitions? Sole source and competitive What are the two types of negotiated acquisitions? To select the proposal that represents the best value Which contract type shifts cost risk from the Government to the contractor? Fixed-price Which of the following best describes the purpose of proposal analysis? To ensu...