Exam (elaborations)
CON 1100v – Questions & Complete Solutions (100%)
- Course
- Institution
CON 1100v – Questions & Complete Solutions (100%)
[Show more]
Content preview
CON 1100v – Questions & Complete Solutions (100%)Micro-purchase Right Ans - means an acquisition of supplies or services
using simplified acquisition procedures, the aggregate amount of which does
not exceed the micro-purchase threshold.
What is a Blanket Purchasing Agreement? Right Ans - a simplified method
of filling anticipated repetitive needs for supplies or services by establishing
"charge accounts" with qualified sources of supply.
How does a Blanket Purchasing Agreement work? Right Ans - It works by
establishing "charge accounts" with qualified sources of supply to fill
anticipated repetitive needs for supplies or services.
Simplified Acquisition Procedures Right Ans - a streamlined method of
acquiring goods and services that have an anticipated dollar value exceeding
the micro-purchase threshold but not exceeding the simplified acquisition
threshold.
COTS Right Ans - Commercially available off-the-shelf
NDI Right Ans - Nondevelopmental item
NDI Right Ans - Any previously developed item of supply used exclusively
for Gov't purposes by a Federal agency, a state of local Gov't, or foreign Gov't
with which the US has a mutual defense cooperation agreement
Simplified Acquisition Procedures Right Ans - Streamlined method of
acquiring goods and services that have an anticipated dollar value exceeding
the micro-purchase threshold (MPT) but not exceeding the simplified
acquisition threshold (SAT)
set aside Right Ans - reserving an acquisition for exclusive participation by
small business concerns
concern Right Ans - any business entity organization for profit with a place
of business in US and that makes significant contribution to US economy
through payment of taxes, use of American products, material and/or labor
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 LeCrae. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
57114 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now