Warrant boa Study guides, Class notes & Summaries

What is an option? An option is a unilateral right in a contract, for a specific period of time, where the Government may elect to purchase additional supplies or services called for by the contract, or extend the period of performance. The PCO should use options when (1) in the Governments best interest, (2) there is a need for service beyond the initial period, and (3) to ensure continuity of service. The use of options are not normally in the Governments best interest when (1) The foreseea...

Contracting Officer Unlimited Warrant Board|Complete Questions with A+ Graded Answers What is an option? An option is a unilateral right in a contract, for a specific period of time, where the Government may elect to purchase additional supplies or services called for by the contract, or extend the period of performance. The PCO should use options when (1) in the Governments best interest, (2) there is a need for service beyond the initial period, and (3) to ensure continuity of service. The...

Contracting Officer Warrant board questions with complete solutions You are the PCO for a major competitive negotiated source selection. The RFP, which reflects the user's requirements and is based on the user's budget, has a requirement for 220 cargo loaders to be delivered at 55 per year over the next four years. One offeror proposes to deliver all 220 loaders in the first year at a dramatically reduced price. Can you accept the offeror's proposal? What factors should you consider i...

Contracting Officer warrant board questions and answers You are the PCO for a major competitive negotiated source selection. The RFP, which reflects the user's requirements and is based on the user's budget, has a requirement for 220 cargo loaders to be delivered at 55 per year over the next four years. One offeror proposes to deliver all 220 loaders in the first year at a dramatically reduced price. Can you accept the offeror's proposal? What factors should you consider in your decisi...

COSG - UNLIMITED WARRANT BOARD EXAM COMPLETE QUESTIONS WITH 100% CORRECT ANSWERS Contractors who provide products or services to the Federal Government are to be considered members of the Government's "Federal Acquisition Team." True or False? True. Both FAR 1.102(b)(c) and FAR 1.102-3 note that the Acquisition Team consists of all in Government acquisition including not only representatives of the technical, supply, and procurement communities, but also the customers they serve, and the co...

CONTRACTING OFFICER UNLIMITED WARRANT BOARD

CONTRACTING OFFICER WARRANT BOARD QUESTIONS

COSG - UNLIMITED WARRANT BOARD

Contracting Officer Unlimited Warrant Board 2024 (Correctly Solved) Questions With Complete Solutions

WARRANT BOARD EXAM|COMPLETE QUESTIONS WITH A+ GRADED ANSWERS Cost Realism FAR 2.101 - The costs in an offeror's proposal-- (1) Are realistic for the work to be performed; (2) Reflect a clear understanding of the requirements; and (3) Are consistent with the various elements of the offeror's technical proposal. When to ask for proposal audits from DCAA DFARS PGI 215.404-2(c) Fixed Price > $10M Cost Plus > $100M Legal Review Thresholds AFFARS 5301.602-2 - All J&As &gt...