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CLC-222 Contracting questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating $7.99   Add to cart

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CLC-222 Contracting questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

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  • Commercial Construction
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CLC-222 Contracting questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

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  • August 5, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Commercial Construction
  • Commercial Construction
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AnswersCOM
CLC-222 Contracting
$50 million - ANS-An Earned Value Management system that is formally validated and accepted
by the cognizant contracting officer is required on cost or incentive contracts valued at or greater
than ____.

1. An estimate that agrees with document market research
2. an unbiased realistic cost estimate for supplies or services that will be procured under the
contract - ANS-Items to consider during the development of the IGE include: (select all that
apply)

1. Product or service characterized
2. Available sources
3. Pricing - ANS-Elements of a Market Research report include: (Select all that apply)

A contracting officer may ratify an unauthorized commitment if the government received a
benefit... - ANS-John, the COR on a services contract, has made an unauthorized commitment
by authorizing the contractor to perform services that were not within the scope of the contract.
Choose the true statement from the following:

A technical representative that is appointed by the contracting officer through a designation
letter - ANS-What is a Contracting Officer Representative?

A widely accepted industry best practice for project management used across the Department
of Defense, the federal government and the... - ANS-Earned Value Management is
__________.

All correct - ANS-During negotiations for a proposed change to the contract, the COR may be
asked to:

All of these are correct - ANS-A bilateral modification is used to_____________.

All the answers are correct - ANS-Major sub-categories of funding include:

All the answers are correct - ANS-Past performance assessments include input from the
__________.

All the responses are correct - ANS-Disposition of Government property must be conducted in
accordance with __.

All these answers are correct - ANS-Common causes of a constructive change include:

, All these answers are correct - ANS-In construction, a Contracting Officer may suspend work for
a "reasonable" period of time. It is imperative a COR maintain adequate records because:

All these responses are correct - ANS-An Accounting Classification Requirements Number
(ACRN) is:

An independent detailed assessment developed by a government team member... - ANS-What
is an Independent Government Estimate (IGE)?

Buys against GSA federal supply schedule - ANS-Some methods of contracting require more
time than others. Which of the following is not a streamlined method of acquisition?

Clarify the intent of the requirements without impacting cost - ANS-The COR must be careful
when giving technical direction to ________.

Contracting Officer - ANS-If the contractor delivers a non-conforming item or service, the
__________ may accept the deliverable.

COR nomination letter - ANS-All of the following are elements of a Purchase Request
EXCEPT________.

COR/functional office - ANS-Who has the official responsibility for performing market research?

Cost controls
Conforming products/services
commitment to customer satisfaction
performance against contract schedule - ANS-Areas assessed in contractor past performance
are ________________ (Select All that Apply)

Cost Reimbursement - ANS-The inspection clause for ____________contracts allows for the
contractor to charge the cost of rework to the government.

cost reimbursement contracts require less monitoring by the COR than other types of contracts -
ANS-There are two basic contract types, cost reimbursement and fixed-price. All others, with the
exception of a time-and-materials contract which is a hybrid of the two, are subsets of cost
reimbursement or fixed-price contracts. Which of the following is NOT true?

DD250 or Wide area workflow - ANS-A COR will typically use a ____________ to document the
inspection and acceptance of a supply or service.

Documenting
Monitoring

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