Sealed bidding - Study guides, Class notes & Summaries

existing contract including all options - ANSWERCOR can assist negotiation and sealed bidding - ANSWERnegotiations allow for communication conracting methods available - ANSWERall these are correct

CPPB - Domain II Sourcing| Questions and Answers 100% Correct CPPB - Domain II Sourcing| Questions and Answers 100% Correct CPPB - Domain II Sourcing| Questions and Answers 100% Correct CPPB - Domain II Sourcing| Questions and Answers 100% Correct Scope of Work - ANSWER-Typically developed by procurement to be included in the solicitation to procure services or other more complex combinations of products and services. Sometimes called "Performance Specification" PWS - ANSWER-Per...

CPCM Pre-Award Practice Test Questions with Answers Which of the following is true of an RFQ? - Answer-a. The RFQ is an offer by the buyer B. THE RFQ MAY BE FOLLOWED BY A PURCHASE ORDER THAT IS AN OFFER BY THE BUYER c. The RFQ is an informal version of the RFP d. The RFQ results in proposal selection by the buyer A buyer who wanted to ensure that the contractor managed costs effectively would likely prefer which of the following types of contract? - Answer-Cost-plus-incentive-fee Wh...

What is a Contracting Officer Representative? - ACCURATE ANSWERA technical representative that is appointed by the contracting officer through a designation letter The procuring Contracting Officer, Administrative Contracting Officer, Termination Contracting Officer, and the Contracting Officer's Representative are key players in the acquisition process. From the following statements, choose the correct answer: - ACCURATE ANSWERThe contracting officer appoints the contracting officer's repr...

FAR Part 1 Federal Acquisition Regulations System FAR Part 2 Definitions of Words and Terms FAR Part 3 Improper Business Practices and Personal Conflicts of Interest FAR Part 4 Administrative and Information Matters FAR Part 5 Publicizing Contract Actions FAR Part 6 Competition Requirements FAR Part 7 Acquisition Planning FAR Part 8 Required Sources of Supplies and Services FAR Part 9 Contractor Qualifications FAR Part 10 m...

Surety - a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - 1. Indication that an offeree is bound by the terms of the offer. 2. An indication by o...

What is a Contracting Officer Representative? : A technical representative that is appointed by the contracting officer through a designation letter The procuring Contracting Officer, Administrative Contracting Officer, Termination Contracting Officer, and the Contracting Officer's Representative are key players in the acquisition process. From the following statements, choose the correct answer: : The contracting officer appoints the contracting officer's representative in writing I...

negotiated contract correct answer: a contract awarded using other than sealed bidding procedures best value continuum correct answer: a technique that ensures the best deal for the government is obtained through the use of any one or a combination of source selection approaches Cost or price may play a dominant role in source selection in correct answer: acquisitions where the requirement is clearly definable and the risk of unsuccessful contract performance is minimal The less defi...

WARRANT BOARD EXAM 6|COMPLETE QUESTIONS WITH A+ GRADED ANSWERS As a Warranted Contracting Officer, what is your primary responsibility? Contracting officers are responsible for ensuring performance of all necessary actions for effective contracting, ensuring compliance with the terms of the contract, and safeguarding the interests of the United States in its contractual relationships. Why is market research important in the acquisition process? Market research is used to help identify so...

Contracting Officers below the level of _________ shall be selected and appointed. - Head of Contracting Activity The simplified acquisition threshold for any contract in support of contingency operations to be awarded and performed, or purchase to be made, outside of the U.S. is ____________ . - $1.5M The contracting officer may use competitive proposals in lieu of sealed bids if ______________ . - It is necessary to conduct discussions. Consolidating two or more requirements for suppl...