Acq terms - Study guides, Class notes & Summaries

Con 3990 Prep Exam Questions With 100% Correct Answers What are the three contracting life cycle phases - answerPre-award, Award, and Post-award Define the pre-award phase - answerInvokes all work performed by both the buyer (Gov't or Prime Contractor) and seller (contractor or sub) in communicating the buyer's requirements and providing a solution to those requirements What typically starts before the contracting process? - answerRequirement definition, budgeting/funding process, and a...

Information Support Plan (ISP) - ANSWER ISPs provide a means to identify and resolve potential information support implementation issues and risks that, if not properly managed, will limit or restrict the ability of a program to be operationally employed in accordance with the defined capability. The end-product of the ISP/EISP/TISP is the identified issues and risks associated with information needs and dependencies of the program Enhanced Information Support Plan (EISP) Tailored Informa...

ACQ 101 Module 13 Life Cycle Logistics "the key is to ensure mission effectiveness is defined in terms meaningful to the warfighter over a meaningful timeframe" what does this statement mean to the warfighter? I asoe 12 IPS Elements product support management design interface sustaining engineering supply support maintenance planning and management packaging, handling, storage, and transportation (PHS&T) TECHNICAL DATA support equipment training and training support ma...

ACQ 101 Terms

ACQ 101 Module 08 & Exam Contract Management Questions Clearly Solved 2024.Which of the following requirements must an offer meet? (Select all that apply) - correct answer *Be clear and unambiguous* *Have complete terms* *Be communicated* *Express intent* Select the element of contract that best fits the definition of "something of equal value must be exchanged": - correct answer *Consideration* A mutual assent is when a contract is formed by acceptance of an offer. - correct answer *...

ACQ 101 Terms

WARRANT BOARD EXAM|COMPLETE QUESTIONS WITH A+ GRADED ANSWERS What are the 4 steps to minimize defective pricing? FAR 15.4 a. Obtain DCAA audits prior to negotiation b. Audit work in process c. Pressure Contractor to correct deficiencies d. Have Contractor evaluate subcontract proposals properly What is the reference for Acq plan (AP) and location of template? AFFARS 5307.105 Color of Money 3400-O&M-1 year 3600-R&D-2 year 3080-procurement-3 year What are the elements of a ...

WARRANT BOARD 2 EXAM QUESTIONS WITH A+ GRADED ANSWERS What are the 4 steps to minimize defective pricing? FAR 15.4 a. Obtain DCAA audits prior to negotiation b. Audit work in process c. Pressure Contractor to correct deficiencies d. Have Contractor evaluate subcontract proposals properly What is the reference for Acq plan (AP) and location of template? AFFARS 5307.105 Color of Money 3400-O&M-1 year 3600-R&D-2 year 3080-procurement-3 year What are the elements of a contrac...

ACQ 101 MODULE 5 ALL ANSWERS CORRECT Approval for reprogramming must always involve Congress. ️False Select the terms that best fits the following definition: "When the vendor cashes the expenditure check and money flows from the Treasury to the vendor or supplier." ️Outlay The Life Cycle Cost Estimate (LCCE) uses the work breakdown structure to show costs by system and subsystem. ️True What cost estimating technique would be indicated for the following situation? The program...

WARRANT BOARD 2 Exam with Verified Solutions What are the 4 steps to minimize defective pricing? FAR 15.4 - Answer -a. Obtain DCAA audits prior to negotiation b. Audit work in process c. Pressure Contractor to correct deficiencies d. Have Contractor evaluate subcontract proposals properly What is the reference for Acq plan (AP) and location of template? - Answer -AFFARS 5307.105 Color of Money - Answer -3400-O&M-1 year 3600-R&D-2 year 3080-procurement-3 year What are the elements of a ...