Exam (elaborations)
CON 1100V UNIT 3- TEST QUESTIONS & ANSWERS
- Course
- Institution
CON 1100V UNIT 3- TEST QUESTIONS & ANSWERS
[Show more]
Content preview
CON 1100V UNIT 3- TEST QUESTIONS &ANSWERS
If one full/open competition exception applies, the Contracting Officer must: Correct Ans-1.
Document the contract file with the reason for the exception.
2. Create a Justification & Approval (J & A).
3. Cite which of the seven exceptions apply.
4. Provide rationale for the specific exception cited.
J & A requirements depend on: Correct Ans-1. Authority cited.
2. Dollar value of the action.
The use of other than full/open competition applies to: Correct Ans-1. New acquisitions.
2. Modifications to current contracts.
To learn more about the exceptions to full and open competition & documentation
requirements, see: Correct Ans-FAR Subpart 6.3, DAU's iCatalog.
, FAR 15.402 states that: Correct Ans-"contracting officers shall purchase supplies and services
from responsible sources at fair & reasonable prices."
Proposal Analysis Techniques (FAR 15.404-1(b)(2)) include: Correct Ans-1. Comparison of
proposed prices received in response to the solicitation.
2. Comparison of previously proposed prices and previous Government and commercial
contract prices with current proposed prices for like items.
The contracting officer still may request other than certified costs and pricing data to help
determine: Correct Ans-a fair and reasonable price.
Contract Decision Making Factors include: Correct Ans-1. Risk
2. Complexity
3. Uncertainty
4. Urgency
5. Cost
When certified cost and pricing data is not required, the contracting officer still may request
other than: Correct Ans-certified cost and pricing data to help them determine
fair/reasonable prices.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamRoom. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81989 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now