Exam (elaborations)
CON 3990 CONTRACTING CERTIFICATION 2 OF 4 EXAM LATEST UPDATED
- Course
- Institution
CON 3990 CONTRACTING CERTIFICATION 2 OF 4 EXAM LATEST UPDATED...
[Show more]
Content preview
CON 3990 CONTRACTING CERTIFICATION2 OF 4 EXAM LATEST UPDATED
It is the government's policy that the contracting officer must execute a
contract? - ANSWER Obtain a written guarantee from the competent fiscal
authority that adequate funds are available.
What would be the best strategy to buy an item through government
contracting? - ANSWER Buy the requirement as a commercial item.
Contracting officers must only provide property to contractors where it can be
demonstrated. - ANSWER The acquisition's total benefits much outweigh the
higher administrative costs.
Should acquisition planning begin? - ANSWER Once the agency's need is
identified
Which of the following is an exemption to acquiring certified cost or pricing
information? - ANSWER Adequate price competition.
Which of the following activities will the contracting officer take to boost small
business involvement in acquisitions? - ANSWER Divide acquisitions into
relatively modest lots to allow for bids on quantities less than the entire
requirement.
Government contracts are divided into two basic categories: fixed-price
contracts and? - ANSWER Cost reimbursement contracts
Incentive contracts are intended to meet certain acquisition goals by? -
ANSWER Motivating contractor initiatives that would not otherwise be
highlighted
Will agencies perform market research? - ANSWER appropriate for the
situation.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller luzlinkuz. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
83637 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now