CON 3900 Quizzes
What type of contract shall not be used in Government contracting?(Ans- Cost-plus-a-percentage-of-cost Contract
What types of contracts can be awarded when acquiring commercial items of supply?(Ans- Firm-fixed-price contracts or fixed-price contracts with economic price adjustment
Which form is used by DoD to apply a structured profit/fee?(Ans- DD Form 1547, Weighted Guidelines Method
What is a Procurement Instrument Identifier (PIID)?(Ans- A unique number identifying each solicitation, contract, agreement, or order and related procurement instrument
When using invitations for bids (IFBs), what type(s) of contracts can be awarded?(Ans- Firm-fixed-price contracts or fixed-price contracts with economic price adjustment
Time-and-materials (T&M) contract can be used:
(Ans- Only when it is not possible at the time of placing the contract to estimate accurately the extent or duration of the work or to anticipate costs
Communications, discussions, and clarifications are:
(Ans- Terms that address specific types of exchanges with offerors after receipt of proposals
What are life-cycle costs?(Ans- The total cost to the Government of acquiring, operating, supporting, and (if applicable) disposing of the items being acquired
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What is an exception to obtaining certified cost or pricing data?(Ans- Adequate price competition
The two broad categories of government contract types are:
(Ans- Fixed-price contracts and cost-reimbursement contracts
When using FAR part 12 procedures, the technical evaluation would normally include examination of such things as product literature, product
samples (if requested), technical features, and:
(Ans- Warranty provisions
To the maximum extent practicable, acquisition officials shall state requirements of supplies or services in terms of functions to be performed,
performance required, or:
(Ans- Essential physical characteristics
Provisions and clauses should be incorporated by reference in solicitations
and contracts:
(Ans- To the maximum practical extent, rather than being incorporated in full text
The purpose of exchanging information with industry before receipt of
proposals is to:
(Ans- Improve the understanding of Government requirements and industry capabilities
What is the correct title of a solicitation for negotiated procedures?(Ans- Request for Proposals
At what dollar value must a contracting officer synopsize a proposed contract action in the Governmentwide point of entry (GPE)?(Ans- Expected to exceed $25,000
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