Contingency contracts - Study guides, Class notes & Summaries

How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? (a) Annually (b) Bi-annually (c) Every five years (d) Only as required - (c) Every five years (FAR 1.109) A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is defined as: (a) A ratification (b) Determination and Findings (c) The Contracting Officer's Final Decision (d) A waiver - ...

CFCM Practice Test Questions and Answers Latest Updated 2024/2025 (100% Solved) A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actionsi s defined as a - answer-determination and findings Contracting officers below the level of ___ shall be selected and appointed - answer-a head of a contracting activity According to the FAR conventions at Subpart 1.1, each authority is delegable unless - a...

Contracts and Closing – 302 Questions and Answers 100% Pass What is a contingency in a real estate contract? A condition that must be met for the contract to become binding. How should a broker handle an incomplete or incorrect closing document? Address the issue immediately with the relevant parties to correct and complete the document before closing. What is the purpose of an inspection contingency in a purchase agreement? To allow the buyer to request repairs or negotiate...

CFCM Prep Questions and Answers Latest Updated 2024/2025 (100%Solved). How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? (a) Annually (b) Bi-annually (c) Every five years (d) Only as required - Correct Answer-(c) Every five years (FAR 1.109) A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is defined as: (a) A ratification (b) Determi...

CFCM Prep Questions and Answers Latest Updated 2024/2025 (100%Solved). How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? (a) Annually (b) Bi-annually (c) Every five years (d) Only as required - Correct Answer-(c) Every five years (FAR 1.109) A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is defined as: (a) A ratification (b) Determi...

Used to award negotiated contracts in which signatures of both parties on a single document is appropriate. SF 26 Used to amend any solicitation or modify any contract. SF 30 May be used to award either negotiated contracts or contracts utilizing sealed bidding. SF 33 Used for simplified acquisitions at or below the micro-purchase threshold, except for purchases under unusual and compelling urgency or in support of contingency operations. SF 44 Prescribed for use ...

What is a bid? - A guarantee to construct the project in accordance with the bid documents for a quoted price Employees who are fired for filing an OSHA complaint have ______ to notify OSHA. - 30 days To obtain the best price for materials you should obtain at least how many bids? - 3 Getting too many bids is a waste of time, but getting too few bids makes it difficult to determine whether you are getting a good deal Which costs should ALWAYS be included in the estimate? - Contingency fee ...

AB 524 Full-Length Exam_ Attempt review 2023- University of Central Florida A BCBA has become very fond of a trainee while supervising field hours. Under what circumstances could the supervisor ethically ask the trainee for a date? Select one: A. Any time after their professional relationship has concluded. B. Six months after their professional relationship has concluded. C. Two years after their professional relationship has concluded. D. Only after the trainee becomes a BCBA. The Corr...

LAW OF CONTRACTS CHAMPIONS EXAM 2024 WITH 300 REAL EXAM QUESTIONS AND CORRECT VERIFIED ANSWERS ALREADY GRADED A+ (BRAND NEW!!) The Special Provisions paragraph of the contract allows license holders to insert: - ANSWER-Factual business details, Statements not addressed in the contract, Information for which there is no TREC-promulgated addendum, lease or mandatory form There is no upper limit on the value of a Texas homestead. - ANSWER-true An offer by a prospective purchaser can be t...

CAPM PRACTICE EXAM 4 Questions and Answers 2023/2024 (100%Verified). A001. All the following statements about time and materials contracts are true except: a. they are a hybrid type of arrangement that contains aspects of both costreimbursable and fixed-price arrangements b. the seller receives a profit in addition to being reimbursed for allowable costs c. the full value of the agreement is not defined at contract award d. the exact quantity of items to be delivered is not defined at contr...