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CLC 011 Contracting for the Rest of Us questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating $7.99   Add to cart

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CLC 011 Contracting for the Rest of Us questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

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  • Course
  • Commercial Construction
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  • Commercial Construction

CLC 011 Contracting for the Rest of Us questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

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  • August 5, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Commercial Construction
  • Commercial Construction
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AnswersCOM
CLC 011 Contracting for the Rest of Us
*The government commercial purchase card can be used for purchases at or below the
micro-purchase threshold.
*Price analysis is required for every procurement, regardless of it's dollar value.
*at least three competitive quotes must be obtained for purchases at or below the simplified
acquisition threshold. - ANS-Which THREE of the following statements are correct:

$25,000 - ANS-Federal regulations require that contracting officers publicize proposed contract
actions expected to exceed which of the following dollar thresholds?

an agreement is not binding because the government representative who made it lacked the
proper authority - ANS-An unauthorized commitment occurs when:

are a form of contract financing payable before the deliverables are accepted. - ANS-Progress
payments:

are the government's preferred method for dealing with a dispute with a contractor. -
ANS-alternate dispute resolution (ADR) procedures:

Comparison of previously proposed prices with current proposed prices for the same or similar
item.

Use of parametric estimating methods or rough yardsticks.

A comparison of the proposed prices received in response to the solicitation. - ANS-Select the
THREE choices that represent methods for conducting price analysis for federal procurements.

DD Form 250 - ANS-The Material Inspection and Receiving Report the multi-purpose document
that serves as evidence of inspection and acceptance, shipping document, receiving document,
and contractor invoice is designated as the:

False - ANS-A non-developmental item is a supply or service regularly used in the course of
normal business operations for non-Governmental purposes, and is typically sold to the general
public.

False - ANS-Contracting officers should always require the submission of detailed cost and/or
pricing data.

False - ANS-Contractors must agree with a Government contracting officer's decision to issue a
termination for convenience.

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