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CPCM Pre-Award Exam | Questions And Answers Latest {} A+ Graded | 100% Verified
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CPCM Pre-Award Exam | Questions And Answers Latest {} A+ Graded | 100% Verified
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CPCM Pre-Award Exam | Questions And Answers Latest {2024- 2025} A+ Graded | 100%Verified
Acquisition planning - The process by which efforts of all personnel responsible for an acquisition are
coordinated and integrated through a comprehensive plan for fulfilling the customer need in a timely
manner at a reasonable cost; includes developing the overall strategy for managing the acquistion.
Acquisition risk - The probability that some element of an acquisition process produces an undesirable
result with an adverse effect on system effectiveness, suitability cost, or availability for deployment.
Auction - Sale in which property, services, or merchandise are sold to the highest bidder
Basic ordering agreement - Similar to a basic agreement, but may also include terms and conditions
intended to describe the types of goods and services that may be ordered in the future, to define pricing
methods that will apply, or todefine ordering or delivery procedures.
Broad agency announcement - General announcement of an agency's research interests, including
criteria for selecting proposals and soliciting the participation of all offerors capable of satisfying the
agency's needs.
Business development - This is in the pre-award life cycle phase of contract management and it is in the
"develop offer" domain. It is the process of the seller organizing pre-sales activities to develop customer
relations and market strategy, and assessing competition.
Commercial contract financing - Obtaining loans and lines of credit from financial institutions
Obtaining advance funding of accounts receivable or funding of purchase orders from private firms.
Obtaining funds from venture capitalists
Negotiating favorable payment clauses.
Commercial advance payments made before performance has begun.
Commercial interim payments made after some work has been done.
Delivery payments made after receiving and accepting a portion of the total work to be performed.
, Contract type - A specific pricing arrangement, or combination of pricing arrangements, employed for
the performance of work under the contract.
Copyright - A royalty-free, nonexclusive, and irrevocable license to reproduce, translate, publish, use,
and dispose of written or recorded material, and to authorize others to do so.
Cost contract - A cost-reimbursement contract that provides no fee.
Cost-plus-fixed-fee - A cost-reimbursement type contract that provides for the payment of a fixed fee to
the contractor. The fee does not vary with actual costs, but may be adjusted as a result of any
subsequent changes in the work or services to be performed under the contract.
Cost-plus-incentive-fee-contract - A cost-reimbursement type of contract with a provision for a fee that
is adjusted by a formula in accordance with the relationship between total allowable costs and target
costs.
Cost reimbursement - A type of contract that provides for payment of allowable incurred costs, to the
extent prescribed in the contract. These contracts establish an estimate of total cost for the purpose of
obligating funds and establishing a ceiling that the seller may not exceed (except at its own risk) without
the approval of the buyer.
Cost sharing contract - An explicit arrangement under which the seller bears some of the burden of
reasonable, allowable, and allowable contract cost. A cost-sharing contract is a cost-reimbursement
contract in which the seller receives no fee and is reimbursed only for an agreed-upon portion of its
allowable costs.
Debrief(ing) - An explanation given by buyer personnel to an offeror detailing the reasons its offer was
unsuccessful.
At a minimum, the debriefing information shall include:
1-The buyers' evaluation of the significant weaknesses or deficiencies in the offeror's proposal, if
applicable.
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