Hybrid contracts - Study guides, Class notes & Summaries

Stage 13: Assest management/end of life The procurement professional should evaluate whether the need is still current. If it is and unchanged, the procurement cycle process commences again but from a different stage as the need is already known and understood. If the need is not required the buyer should manage the end of life by reducing stock levels and informing the supplier Anti-bribery procedures -Proportionate procedures: should be in line with the ype of bribery risk and scale tha...

CMIT EXAM WITH QUESTIONS AND CORRECT ANSWERS UPDATED 2024/2025 (GRADED A+) A CM's role and responsibilities are governed solely by the Owner/CM Agreement. True False - Answer True There are two basic forms of CM, agency and at-risk. Each form provides for the basic services of construction management practice. However, there are some key differences. Which of the following do not apply to both CM forms? A) Both forms provide advice to the owner on constructibility, budget and the schedule...

Truth in Negotiations Act (TINA) - Answer Occurs when the contractor gives false cost and pricing data during negotiations subject. Defective pricing means the contractor certified to false data. Currently, the TINA threshold is $750,000. The possibility of defective pricing must be analyzed and substantiated before the KO takes action. What are Fixed Price Contracts? - Answer Fixed price contracts provide for a price that is not subject to any adjustment on the basis of the contractor...

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...

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fee-for-serive - ANSWER-a separate fee is paid for each service copayment - ANSWER-flat amount the insured must pay each time health services are received calendar year deductible - ANSWER-an aggregate deductible that has to be satisfied only once during the calendar year coinsurance - ANSWER-the percentage of the medical expenses the policyholder must pay in addition to the deductible amount Out-of-pocket maximum (stop-loss limit) - ANSWER-the most the insured will have to pay out-o...

AAPC CPB - Chapter 2 Review What is the largest health program in the United States? a. Blue Cross Blue Shield b. Medicare c. Medicaid d. TRICARE - correct answer b. Medicare Which of the following services is NOT covered under Medicare Part B? a. Cardiovascular disease screening b. Diabetes self-management c. Nutrition therapy services d. Home Health services - correct answer d. Home Health services Health Savings Account (HSA) is ____________________ to employees. a. tax-...

Compromise/Reconcile - correct answer There is some win/lose as both sides need to compromise to solve a conflict. Force/Direct - correct answer One side wins and one loses. Collaborate/ Problem-solve - correct answer Conflict management strategy is also known as a win/win strategy in that both sides of a conflict are looking for a positive outcome. ...

Strategic Management is the first high level necessary task to implement proactive privacy management through the following 3 subtasks: Correct Answer (1) Define Privacy Vision and Privacy Mission Statementnn(2) Develop Privacy Strategynn(3) Structure Privacy Team Strategic management of privacy starts by creating or updating the organization vision and mission statement based on privacy best practices that should include: Correct Answer (1) Develop vision and mission statement object...

Business Data Networks and Security, 10e Panko TestBank Complete with a marking scheme Business Data Networks and Security, 10e Panko1 Copyright © 2015 Pearson Education, Inc. Business Data Networks and Security, 10e (Panko) Chapter 1 Welcome to the Cloud 1) Depicting the Internet as a cloud symbolizes that ________. A) the Internet is amorphous B) the Internet is no longer understandable by humans C) the Internet is too complex for anyone to depict D) users do not have to know how th...