Firm fixed price contract Study guides, Class notes & Summaries

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

What type of risk is unique to a specific industry, business enterprise, or investment type? - ANSWER-Nonsystematic risk Under which of the following circumstances is an investor in a position to acquire stock? - ANSWER-Buy a call, sell a call (The holder of a call has the right to buy stock at the strike price if exercised. The seller of a put is obligated to buy stock at the strike price if exercised) Options- a premium - ANSWER-the cost of an option contract, expressed in dollars per sh...

CIPS - L4M3 Commercial Contracting - CHAPTER 1 fully solved 2024/2025 Difference between Estimate, Quote and Tender (1.1, p. 2) - correct answer Estimate = has no legal standing, simply a 'best guess' by the supplier. *NOT a firm offer*. should be avoided within a commercial contract Tender / Quotation = *both are firm offers* to do something at a quoted rate or price. Tenders are more comprehensive / detailed. Quotation (1.1, p.3) - correct answer - normally used when the only variable...

CON 3910 Practice Exam 1 Questions with Verified Solutions Market Research is conducted during which phase of acquisition? All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR Deviation Simplified Acquisition Procedures (SAP) should: Promote competition to the maximum extend practicable What is the tool (form) used by DoD to apply a structured profit/fee? DD Form 1547 - Weighted Guidelines Method What type(s) of contracts can be awar...

CON 3900 Practice Exam: Questions & Answers Latest 2024/2025 (100% Correct) Market research is conducted during which phase of acquisition? (Ans- All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? (Ans- Deviation Simplified Acquisition Procedures (SAP) should (Ans- Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? (Ans- DD Form 1547, Weighted Guidelines Method What type(...

CIPS - L4M3 Commercial Contracting - CHAPTER 1Difference between Estimate, Quote and Tender (1.1, p. 2) - correct answer Estimate = has no legal standing, simply a 'best guess' by the supplier. *NOT a firm offer*. should be avoided within a commercial contract Tender / Quotation = *both are firm offers* to do something at a quoted rate or price. Tenders are more comprehensive / detailed. Quotation (1.1, p.3) - correct answer - normally used when the only variable is price - T/Cs are of...

What type of contract shall not be used in Government contracting? (Ans- Cost-plus-a-percentage-of-cost Contract What types of contracts can be awarded when acquiring commercial items of supply? (Ans- Firm-fixed-price contracts or fixed-price contracts with economic price adjustment Which form is used by DoD to apply a structured profit/fee? (Ans- DD Form 1547, Weighted Guidelines Method What is a Procurement Instrument Identifier (PIID)? (Ans- A unique number identifying each s...

CPPA Module 3 Exam 182 Questions with Verified Answers Prior to nineties, what two regulations dictated property management industry? - CORRECT ANSWER 1. Federal Acquisition Regulation (FAR) part 45 "Government Property" 2. Federal Property Management Regulations (FPMR), for non-federal employees In NPMA, what is meant by "property"? - CORRECT ANSWER Government property What is the goal of the American National Standards Institute (ANSI)? - CORRECT ANSWER To enhance both the glob...

CON 3900 (CON 3900 Practice Exam) Questions And Answers All Verified Market research is conducted during which phase of acquisition? - ANS All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? - ANS Deviation Simplified Acquisition Procedures (SAP) should - ANS Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? - ANS DD Form 1547, Weighted Guidelines Method ...

CON 3900 Practice Exam Questions and Answers Latest 2024/2025 (100% Correct Graded A+) Market research is conducted during which phase of acquisition? (Ans- All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? (Ans- Deviation Simplified Acquisition Procedures (SAP) should (Ans- Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? (Ans- DD Form 1547, Weighted Guidelines Method ...