CFCM Exam 2024/2025 Questions & Answers with Complete Solution
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Course
CFCM - Certified Federal Contract Manager
Institution
CFCM - Certified Federal Contract Manager
CFCM Exam 2024/2025 Questions &
Answers with Complete Solution
CFCM Exam 2024/2025 Questions &
Answers with Complete Solution
Drawings submitted by a contractor to show the construction of a particular structure as
actually completed under the contract are called what? - Answer Reco...
CFCM Exam 2024/2025 Questions &
Answers with Complete Solution
, CFCM Exam 2024/2025 Questions &
Answers with Complete Solution
Drawings submitted by a contractor to show the construction of a particular structure as
actually completed under the contract are called what? - Answer ✓✓Record drawings
During source selection it is an acceptable practice to: - Answer ✓✓inform an offeror
that its price is considered too high.
Each acquisition of supplies or services that has an anticipated dollar value above the
______________, but not over the ___________, shall be set aside for small business
unless the contracting officer determines there is not a reasonable expectation of
obtaining offers from two or more responsible small business concerns that are
competitive in terms of fair market prices, quality, and delivery. - Answer ✓✓micro-
purchase threshold; simplified acquisition threshold
Except as authorized by law, what is the maximum term of contracts for severable
services that are funded by annual appropriations? - Answer ✓✓Until the end of the
fiscal year of the appropriation
Except as specifically permitted by executive agencies, the fast payment procedure may
not be used for individual purchasing instruments exceeding what amount? - Answer ✓
✓$35,000
Except for copyrighted works, what rights does the Government acquire in data first
produced in the performance of a federal procurement contract? - Answer ✓✓
Unlimited rights
_______________ contracts are characterized by the employer-employee relationship it
creates between the Government and the contractor's personnel. - Answer
✓✓Personal services
A cash fund of fixed amount established by an advance of funds, for disbursement in
cash for relatively small amounts is called what? - Answer ✓✓Imprest fund
A contract for demolition of a public building, without any further construction work, is
subject to which of the following? - Answer ✓✓Only the Service Contract Labor
Standards statute
A contract that is awarded using other than sealed bidding procedures is what? -
Answer ✓✓A negotiated contract
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