Contracting approach - Study guides, Class notes & Summaries

RECA Fundamentals Exam Questions and Answers Already Passed Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) Which of the following will occur to the supply of a good when ther...

These characteristics: They are acquired for use in operations and not for resale. They are long-term in nature and usually depreciated They possess physical substance. Describe what? - ANSWER-property, plant, and equipment Only asset that is NOT depreciated - ANSWER-land PP&E - ANSWER-property, plant, and equipment historical cost - ANSWER-the cash or cash equivalent price of obtaining the asset and bringing it to the location and condition necessary for its intended use compani...

CON 1300 Exam Review (2024/ 2025 Update) Questions and Verified Answers-100% Correct- Grade A Q: any cost not directly identified with a single, final cost objective, but iden- tified with two or more final cost objectives or with at least one intermediate cost objective Answer: Indirect Cost Q: Used to document fair and reasonable pricing must be a stand-alone document that tells the whole story and will pass scrutiny for review/approval of your negotiation position and subsequ...

DBIA EXAM 1 | 211 ANSWERS AND 100%CORRECT ANSWERS 2024. Purpose Statement: DBIA is the only organization that _____ , _____, and _____ best practices in design-build project delivery. - Correct Answer-- defines - teaches - promotes _____ _____ is the belief that there is a technique, method or process that is more effective at delivering a particular outcome than any other. - Correct Answer-Best practice With proper ____, ____, and ____ a desired outcome can be delivered with fewer prob...

Purpose Statement: DBIA is the only organization that _____ , _____, and _____ best practices in design-build project delivery. - - defines - teaches - promotes _____ _____ is the belief that there is a technique, method or process that is more effective at delivering a particular outcome than any other. - Best practice With proper ____, ____, and ____ a desired outcome can be delivered with fewer problems and unforeseen complications. - - process - checks - testing Implementing the...

DBIA EXAM 1 | 211 ANSWERS AND 100%CORRECT ANSWERS 2024. Purpose Statement: DBIA is the only organization that _____ , _____, and _____ best practices in design-build project delivery. - Correct Answer-- defines - teaches - promotes _____ _____ is the belief that there is a technique, method or process that is more effective at delivering a particular outcome than any other. - Correct Answer-Best practice With proper ____, ____, and ____ a desired outcome can be delivered with fewer prob...

CON 1200V Exam (Latest 2024/ 2025 Update) Questions and Verified Answers-100% Correct-Grade A Q: What level of competition is required for acquisitions using simplified acquisition procedures? Full and open competition after the exclusion of sources Full and open competition Competition to the maximum extent practicable Other than full and open competition Answer: Competition to the maximum extent practicable Q: Which of the following is NOT a use of evaluation criteria? ...

How team members are organized, establishes when parties engage, determines roles of parties, and determines sequence of design, procurement, and construction (db, cmar, dbb) - Project Delivery System how team members are selected (QBS, best value, low price, sole source) - Procurement Method how team members are paid (fp, gmp, cost reimbursement, target price, unit price) - contracting approach linear, sequential process, A/E selected on qualifications, GC selected on low price, design...

CON 3900 Practice Exam: Questions & Answers Latest 2024/2025 (100% Correct) Market research is conducted during which phase of acquisition? (Ans- All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? (Ans- Deviation Simplified Acquisition Procedures (SAP) should (Ans- Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? (Ans- DD Form 1547, Weighted Guidelines Method What type(...

DBIA Actual Test Questions And Answers With Verified Complete Solution. Project Delivery System - Correct Answer-How team members are organized, establishes when parties engage, determines roles of parties, and determines sequence of design, procurement, and construction (db, cmar, dbb) Procurement Method - Correct Answer-how team members are selected (QBS, best value, low price, sole source) contracting approach - Correct Answer-how team members are paid (fp, gmp, cost reimbursement, tar...