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Exam (elaborations)

Contracting Exam 1 with correct answers

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  • Course
  • CONTRACTING
  • Institution
  • CONTRACTING

Contracting Exam 1 with correct answers

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  • September 10, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CONTRACTING
  • CONTRACTING
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Fordenken
Contracting Exam 1 with correct
answers

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3 phases of contracting - ANSWERS✔✔ contract planning, contract formation, contract administration



source of the government's contracting powers - ANSWERS✔✔ The Constitution



The constitution is the heart of the - ANSWERS✔✔ American legal system



3 branches of government - ANSWERS✔✔ legislative, executive, judicial



3 types of contracting officers - ANSWERS✔✔ PCO, ACO, TCO



KO primarily engaged in awarding contracts - ANSWERS✔✔ Procuring Contracting Officer (PCO)



Primarily engaged in administering contracts (Post Award) - ANSWERS✔✔ Administrative Contracting
Officer (ACO)



Primarily engaged in Terminating Contracts - ANSWERS✔✔ Termination Contracting Officer (TCO)



Advantages of team building - ANSWERS✔✔ Able to do more together than alone

Able to share resources

Able to brainstorm ideas

Innovation and creativity is enhanced

Able to create extraordinary results

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