CLC 003 Questions and Correct Answers | Latest Update
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Course
CLC
Institution
CLC
Which one of the following statements is TRUE?
~:- The most important factor when selecting a contract type is the
business size of the contractor
Proposed contract actions must be publicized (synopsized) at the
Government Point of Entry (such as FedBizOpps) at least how many days prior
to...
Best Grades | Must Pass | Latest Update | Correct Answers | 2024/2025
CLC 003 Questions and Correct
Answers | Latest Update
Which one of the following statements is TRUE?
✓ ~:- The most important factor when selecting a contract type is the
business size of the contractor
Proposed contract actions must be publicized (synopsized) at the
Government Point of Entry (such as FedBizOpps) at least how many days prior
to issuance of the actual contract solicitation document?
✓ ~:- 15
Cost analysis is:
✓ ~:- the evaluation of the separate cost elements and profit in an
offeror's proposal
You and your team are asked to conduct market research on a specific
upcoming requirement for computers. You will be conducting:
✓ ~:- Tactical market research
Which TWO choices are correct regarding contract financing? (select two)
~ 1 ~ for inquiry mail me @ supergrades12@gmail.com
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/2025
✓ ~:- For commercial items, contract financing is typically the
contractor's responsibility
For non-commercial items, the FAR permits progress payment be made to
contractors
Which one of these statements is TRUE
✓ ~:- X: When using a fixed-price economic price adjustment contract,
the limits on price decreases must be twice the limits on price increases
Fixed-Price contracts place more risk on the contractor than do cost-
reimbursement contracts
X: The most important factor when selecting a contract type is the business
size of the contractor
Fixed-Price contracts place approximately equal risk on the contractor as do
cost-reimbursement contracts
Which one of the following statements is TRUE?
~ 1 ~ for inquiry mail me @ supergrades12@gmail.com
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