Cpcm contract structures - Study guides, Class notes & Summaries

CPCM Contract Structures | 71 Questions and Answers 100% Correct ()

CPCM 1.5 Contract Structures Exam Questions with Answers Basic ordering agreement - Answer-A written instrument of understanding, negotiated between a buyer and seller, that contains terms and clauses applying to future contracts (orders) between the parties during its term; a description, as specified as practicable, of supplies or services to be provided; and methods for pricing, issuing and delivering future orders under the basic ordering agreement. A basic ordering agreements is not a cont...

CPCM 1.5 Contract Structures Exam

CPCM 1.5 Contract Structures Questions and Answers 100% Correct ()

CPCM 1.5 Contract Structures Exam 2024 with correct Answers Fixed price -Answer-A type (family) of contract providing for a firm pricing arrangement established by the parties at the time of contracting. This family of contracts includes firm fixed price, fixed price with economic price adjustment, fixed price incentive, fixed price redetermination (prospective and retroactive), firm fixed price level of effort, and fixed price award fee. Firm-fixed-price contract -Answer-Provides for a p...

CPCM 1.5 Contract Structures Exam 2024 with correct Answers Fixed price -Answer-A type (family) of contract providing for a firm pricing arrangement established by the parties at the time of contracting. This family of contracts includes firm fixed price, fixed price with economic price adjustment, fixed price incentive, fixed price redetermination (prospective and retroactive), firm fixed price level of effort, and fixed price award fee. Firm-fixed-price contract -Answer-Provides for a p...

CPCM 1.5 Contract Structures Exam with Questions and Answers Fixed price ANSWER A type (family) of contract providing for a firm pricing arrangement established by the parties at the time of contracting. This family of contracts includes firm fixed price, fixed price with economic price adjustment, fixed price incentive, fixed price redetermination (prospective and retroactive), firm fixed price level of effort, and fixed price award fee. Firm-fixed-price contract ANSWER Provides for a pri...