Or labor hour contract - Study guides, Class notes & Summaries

Contract type Determines cost risk allocation between Government and contractor. Labor-hour Contract type where contractor is paid based on labor hours worked. Fixed-price Contract type where price is set and does not change. Government contract Must be in writing, except when authorized otherwise. Hard copy Required format for a Government contract, unless authorized otherwise. Administrative closeout Responsibility of the Government contract administration office...

CCM Exam Study Guide - HPM Questions and answers latest update What Is a pre-solicitation notice? The pre-solicitation notice helps government agencies determine if there are qualified vendors to perform the work scope. It provides a "heads up" that the solicitation will be released and solicits capability responses from responsible vendors. The pre-solicitation notice also helps the government determine if the requirement can be set-aside for a small business if capable small businesses res...

Unlimited PCO Warrant Board I Exam Questions and Answers What is an option? - Answer-An option is a unilateral right in a contract, for a specific period of time, where the Gov't may elect to purchase additional supplies or services called for by the contract, or extend the PoP. The PCO should use options when (1) in the Govts best interest, (2) there is a need for service beyond the initial period, and (3) to ensure continuity of service. The use of options are not normally in the Gover...

Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live - CORRECT ANSWER Video streaming through facebook. CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages,...

Medicare - ️️Federal program that helps those over 65, those on dialysis/ESRD, and combines with state run Medicaid, younger people who are permanently disabled, and physician residency training Breakeven - ️️Needed in order not to lose money; minimum patients needed to meet budget using minimum staffing; can't control admissions but some would work with staffing office to ensure minimum occupancy occurred Zero-Based Budget - ️️With each new budget (i.e. fiscal year), it is ...

Farm labor contractors must take a exam every? - ANS Two years An Flc who has violated any law related to farm labor contracting must... - ANS Take the exam the year after the violation or at request or the labor commissioner To contract for farm labor, you must? - ANS -Have and show valid and current California Flc liscence -have and show a valid and current Flc federal registration certificate from the u.s department of labor -be registered with the ag commissi...

CLC 056 Analyzing Contract Costs Exam 100% 1. Which of the following situations are considered exempt from the submission of Certified Cost or Pricing Data?  Prices are set by law or regulation  Sole source acquisition of $3.5M FFP effort; price determined using cost analysis  Price may be determined fair and reasonable based on price analysis proposal techniques  Non-commercial modification of a commercial item. Modification funded by DoD and constitutes 5% of value of modif...

Subcontracting Policies and Procedures - Answer FAR 44.201-1 Consent Requirements If the contractor has an approved purchasing system, consent is required for subcontracts specifically identified by the contracting officer in the subcontracts clause If they do not have an approved purchasing system, consent is required for cost reimbursement, time-and-materials, labor-hour, or letter contracts and also for unpriced actions under fixed price contracts exceeding the SAT Advance Notification...

Questions For Contract-Foreman and Correct Answers Latest Updated 2024/2025 If there is dead time due are the cargo penalty rates paid for the dead time hours? - Correct Answer no what are men paid if told to stand-by initially due to bad weather? - Correct Answer 4 hour minimum unless ordered back after lunch then the entire shift what is the minimum pay for men that are turned to but then stood-by due to bad weather? - Correct Answer 4 hours, unless orderd back after lunch then they are...

Contracting Officer Unlimited Warrant Board Exam Questions and Answers What is an option? - Answer-An option is a unilateral right in a contract, for a specific period of time, where the Government may elect to purchase additional supplies or services called for by the contract, or extend the period of performance. The PCO should use options when (1) in the Governments best interest, (2) there is a need for service beyond the initial period, and (3) to ensure continuity of service. The us...