CON 3990

What is the Micro-purhcase threshold for supplies? - $10k All incentive contracts (schedule or performance) must also include what? - Cost incentive or constraint What requires funds to be used only for needs or services in the year of the appropriations obligation period? - Bona Fide Needs Rule What contract types can be used for commercial item purchases? - FFP or FPEPA What is the Simplified Acquisition Threshold for commercial products and services? What is it for noncommercial? - $7.5...

FAR Part 1 - Answer Federal Acquisition Regulation System FAR Part 2 - Answer Definitions of Words and Terms FAR Part 3 - Answer Improper Business Practices & Personal Conflicts of Interest FAR Part 4 - Answer Administrative Matters FAR Part 5 - Answer Publicizing Contract Actions FAR Part 6 - Answer Competitive Requirements FAR Part 7 - Answer Acquisition Planning FAR Part 8 - Answer Required Sources of Supplies and Service FAR Part 10 - Answer Market Research FAR Part 12 - Answer Acqu...

CON 3990 Exam FAR Parts || With 100% Correnct Answers CON 3990 Exam FAR Parts || With 100% Correnct Answers Communication and Decision Making Bias - ANSWER - 1. Minimize influence of Personal biases 2. Maximize the likelihood of a successful result. 3. Facilitate communication among affected parties. Minimize the Effect of Personal Biases - ANSWER - The contracting professional should strive to minimize the influence of personal biases. Maximize the likelihood of Successful Results -...

FAR Part 1 Federal Acquisition Regulation System FAR Part 2 Definitions of Words and Terms FAR Part 3 Improper Business Practices & Personal Conflicts of Interest FAR Part 4 Administrative Matters FAR Part 5 Publicizing Contract Actions FAR Part 6 Competitive Requirements FAR Part 7 Acquisition Planning FAR Part 8 Required Sources of Supplies and ServiceFAR Part 10 Market Research FAR Part 12 Acquisition of Commercial Items FAR Part 13 Simplified Acquisition Procedures (SAP) FAR Part 1...

CON 3990 Exam FAR Parts Exam/294 Questions and Solutions

CON 3990 Exam FAR Parts (20 FAR Parts needed for the CON 3990 Exam) 250+ Qs & Ans/ 2024. Terms like: Contracting Life Cycle Phases - Answer: 1. Pre-Award 2. Award 3. Post Award Communication and Decision-Making Bias - Answer: 1. Minimize influence of Personal biases 2. Maximize the likelihood of a successful result. 3. Facilitate communication among affected parties. Minimize the Effect of Personal Biases - Answer: The contracting professional should strive to minimize the influence of...

CON 3990 Exam FAR Parts -with 100% verified solutions 2024

CON 3990 Prep Exam (2024) || All Questions & Answers 100% Expert Rated CON 3990 Prep Exam (2024) || All Questions & Answers 100% Expert Rated What are the three contracting life cycle phases - ANSWER - Pre-award, Award, and Post-award Define the pre-award phase - ANSWER - Invokes all work performed by both the buyer (Gov't or Prime Contractor) and seller (contractor or sub) in communicating the buyer's requirements and providing a solution to those requirements What typically starts ...

CON 3990 Exam FAR Parts/ CON 3990 Exam Updated 2023-2024. FAR Part 1 -CORRECT ANSWER Federal Acquisition Regulation System FAR Part 2 -CORRECT ANSWER Definitions of Words and Terms FAR Part 3 -CORRECT ANSWER Improper Business Practices & Personal Conflicts of Interest FAR Part 4 -CORRECT ANSWER Administrative Matters FAR Part 5 -CORRECT ANSWER Publicizing Contract Actions FAR Part 6 -CORRECT ANSWER Competitive Requirements FAR Part 7 -CORRECT ANSWER Acquisition Planning FAR Part 8 -CORRE...

CON 3990 Exam/ 201 Qs & Ans/ . Term like: What contract types can be used for commercial item purchases? - Answer: FFP or FPEPA What is the Simplified Acquisition Threshold for commercial products and services? What is it for non-commercial? - Answer: $7.5M - commercial $250k for non-commercial True or False: The Gov shall use electronic commerce whenever practicable or cost-effective - Answer: True What is the Micro-purchase threshold for supplies? - Answer: $10k