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CON 3900 Quizes/42 Questions with Detailed Answers
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CON 3900 Quizes/42 Questions with Detailed Answers
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CON 3900 Quizes/42 Questions withDetailed Answers
What type of contract shall not be used in Government contracting? - -Cost-
plus-a-percentage-of-cost Contract
-What types of contracts can be awarded when acquiring commercial items
of supply? - -Firm-fixed-price contracts or fixed-price contracts with
economic price adjustment
-Which form is used by DoD to apply a structured profit/fee? - -DD Form
1547, Weighted Guidelines Method
-What is a Procurement Instrument Identifier (PIID)? - -A unique number
identifying each solicitation, contract, agreement, or order and related
procurement instrument
-When using invitations for bids (IFBs), what type(s) of contracts can be
awarded? - -Firm-fixed-price contracts or fixed-price contracts with
economic price adjustment
-Time-and-materials (T&M) contract can be used: - -Only when it is not
possible at the time of placing the contract to estimate accurately the extent
or duration of the work or to anticipate costs
-Communications, discussions, and clarifications are: - -Terms that address
specific types of exchanges with offerors after receipt of proposals
-What are life-cycle costs? - -The total cost to the Government of acquiring,
operating, supporting, and (if applicable) disposing of the items being
acquired
-What is an exception to obtaining certified cost or pricing data? - -
Adequate price competition
-The two broad categories of government contract types are: - -Fixed-price
contracts and cost-reimbursement contracts
-When using FAR part 12 procedures, the technical evaluation would
normally include examination of such things as product literature, product
samples (if requested), technical features, and: - -Warranty provisions
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