Con 3900 week 3 - Study guides, Class notes & Summaries

It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from: (Ans- Responsible sources What are the two types of negotiated acquisitions? (Ans- Sole source and competitive What is the objective of a source selection? (Ans- To select the proposal that represents the best value Which contract type shifts cost risk from the Government to the contractor? (Ans- Fixed-price Which of the following best describes the purpose of proposal a...

CON 3900 Week 3 Test Questions with Answers All Correct Where does the majority of risk fall in a firm-fixed price contract? - Answer-The contractor What is the definition of price according to FAR 15.401? - Answer-Price = Cost + any fee or profit applicable to the contract type What are the contracting officer's responsibilities with regards to price? (1 of 3) - Answer-Purchase supplies and services from responsible sources at fair and reasonable prices What are the contracting off...

CON 3900 WEEK 3 QUIZ WITH COMPLETE VERIFIED SOLUTIONS 2024

CON 3900 Week 3 Exam Questions and Answers It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from: Responsible sources What are the two types of negotiated acquisitions? Sole source and competitive What is the objective of a source selection? To select the proposal that represents the best value Which contract type shifts cost risk from the Government to the contractor? Fixed-price Which of the following best describes the purpose o...

CON 3900 Week 3 Exam Questions and Answers It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from: Responsible sources What are the two types of negotiated acquisitions? Sole source and competitive What is the objective of a source selection? To select the proposal that represents the best value Which contract type shifts cost risk from the Government to the contractor? Fixed-price Which of the following best describes the purpose o...

CON 3900 Week 3 Exam Questions and Answers It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from: Responsible sources What are the two types of negotiated acquisitions? Sole source and competitive What is the objective of a source selection? To select the proposal that represents the best value Which contract type shifts cost risk from the Government to the contractor? Fixed-price Which of the following best describes the purpose o...

CON 3900 - Week 3 Exam Questions and Correct Answers

CON 3900 - Week 3 Exam Questions and Answers (Latest Update 2024)

CON 3900 Week 3 Test Questions with Answers All Correct Where does the majority of risk fall in a firm-fixed price contract? - Answer-The contractor What is the definition of price according to FAR 15.401? - Answer-Price = Cost + any fee or profit applicable to the contract type What are the contracting officer's responsibilities with regards to price? (1 of 3) - Answer-Purchase supplies and services from responsible sources at fair and reasonable prices What are the contracting offi...

CON 3900 - Week 3 Questions and Answers Already Passed It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from: Responsible sources What are the two types of negotiated acquisitions? Sole source and competitive What is the objective of a source selection? To select the proposal that represents the best value Which contract type shifts cost risk from the Government to the contractor? Fixed-price Which of the following best describ...