Con 3900 test - Study guides, Class notes & Summaries

Con 3900 Test Questions with Correct Answers When using invitations for bids (IFBs), what types) of contracts can be awarded? - Answer-Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment The contracting officer shall take which of the following actions to encourage small business participation in acquisitions? - Answer-Divide acquisitions into reasonably small lots to permit offers on quantities less than the total requirement Government contract typ...

Con 3900 Test Questions with Correct Answers When using invitations for bids (IFBs), what types) of contracts can be awarded? - Answer-Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment The contracting officer shall take which of the following actions to encourage small business participation in acquisitions? - Answer-Divide acquisitions into reasonably small lots to permit offers on quantities less than the total requirement Government contract typ...

CON 3900 Cost and Price Analysis Test Questions With Correct Answers What is the definition of Price? - Answer-cost plus any fee or profit What is the Government's Pricing Policy? - Answer-comes from reasonable sources, and is done independently and separately; must be fair and reasonable Source Selection in regards to price - Answer-price or cost should be evaluated in SS procedures, even in event of trade off (is the Government willing to pay more for whatever the trade off is?) W...

CON 3900 Week 2 QUIZ Test Questions and Answers Government's policy that before executing a contract, the contracting officer must: - answerObtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Government contracting - answerPurchase requirement as a commercial Item Contracting officers shall provide property to contractors only when it is clearly demonstrated that - answerThe overall benef...

CON 3900 Week 2 QUIZ Test Questions and Answers Government's policy that before executing a contract, the contracting officer must: - answerObtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Government contracting - answerPurchase requirement as a commercial Item Contracting officers shall provide property to contractors only when it is clearly demonstrated that - answerThe overall benef...

CON 3900 Week 2 QUIZ Test Questions and Answers Government's policy that before executing a contract, the contracting officer must: - answerObtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Government contracting - answerPurchase requirement as a commercial Item Contracting officers shall provide property to contractors only when it is clearly demonstrated that - answerThe overall benef...

CON 3900 - Week 1 Questions and Answers

CON 3900 - Week 3 Exam Questions and Correct Answers