CFCM Study Guide November 2023| 165 QUESTIONS| WITH COMPLETE SOLUTIONS

Performance-base acquisition offers __________, which can be used to adjust payment to reflect the degree of performance success and to motivate superior performance correct answer: incentives ___________ contracts are characterized by the employer-employee relationship it creates between the Government and the Contractor's personnel correct answer: Personal Service When deciding how to measure and manage performance, the contracting officer (CO) should consider all of the following correct answer: - selecting only a few meaningful measures to judge success - the inclusion of contractual language for negotiated changes to the metrics and measures - relying upon commercial quality standards Letter Contract correct answer: Normally a brief, written preliminary contractual instrument that authorizes a contractor to begin performance immediately Performance-based contracts correct answer: Use measurable standards and quality assurance surveillance plans Advisory and Assistance Services includes correct answer: - Obtaining outside points of view to avoid too limited judgement on critical issues - ensure the more efficient and effective operation