Cfcm practice test stuvia - Study guides, Class notes & Summaries

What is a Certificate of Competency - ANSWERA certificate issued by the SBA stating that the holder is responsible for the purpose of receiving and performing a specific Government contract Except as specifically permitted by executive agencies, the fast payment procedure may not be used for individual purchasing instruments exceeding what amount? - ANSWER$35,000 What can a contractor access online at ? - ANSWERThe government wide point of entry Size Standards - ANSWERFAR 19.102(b)(3): ...

How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? - ANSWER-Every 5 years 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....

With respect to proposal evaluations, solicitations for simplified acquisitions are: - ANSWER-not required to state the relative importance of each evaluation factor and subfactor. Performance-based acquisition offers __________, which can be used to adjust payment to reflect the degree of performance success and to motivate superior performance. - ANSWER-Incentives _______________ contracts are characterized by the employer-employee relationship it creates between the Government and t...

CFCM Practice Test Questions and Answers 100% Correct CFCM Practice Test Questions and Answers 100% Correct CFCM Practice Test Questions and Answers 100% Correct How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? - ANSWER-Every 5 years 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 finding...

What is a Certificate of Competency - ANSWER-A certificate issued by the SBA stating that the holder is responsible for the purpose of receiving and performing a specific Government contract Except as specifically permitted by executive agencies, the fast payment procedure may not be used for individual purchasing instruments exceeding what amount? - ANSWER-$35,000 What can a contractor access online at ? - ANSWER-The government wide point of entry Size Standards - ANSWER-FAR 19.102(b)(...

CFCM Exam Practice Test Questions and Answers 100% AccurateCFCM Exam Practice Test Questions and Answers 100% AccurateCFCM Exam Practice Test Questions and Answers 100% AccurateCFCM Exam Practice Test Questions and Answers 100% Accurate What is a Certificate of Competency - ANSWER-A certificate issued by the SBA stating that the holder is responsible for the purpose of receiving and performing a specific Government contract Except as specifically permitted by executive agencies, the fast pay...

Contracting Officers below the level of _________ shall be selected and appointed. - ANSWER-Head of Contracting Activity The simplified acquisition threshold for any contract in support of contingency operations to be awarded and performed, or purchase to be made, outside of the U.S. is ____________ . - ANSWER-$1.5M The contracting officer may use competitive proposals in lieu of sealed bids if ______________ . - ANSWER-It is necessary to conduct discussions. Consolidating two or more r...

CFCM Practice Test Questions and Answers 100% VerifiedCFCM Practice Test Questions and Answers 100% VerifiedCFCM Practice Test Questions and Answers 100% VerifiedCFCM Practice Test Questions and Answers 100% Verified Contracting Officers below the level of _________ shall be selected and appointed. - ANSWER-Head of Contracting Activity The simplified acquisition threshold for any contract in support of contingency operations to be awarded and performed, or purchase to be made, outside of the...

With respect to proposal evaluations, solicitations for simplified acquisitions are: - ANSWER-not required to state the relative importance of each evaluation factor and subfactor. Performance-based acquisition offers __________, which can be used to adjust payment to reflect the degree of performance success and to motivate superior performance. - ANSWER-Incentives _______________ contracts are characterized by the employer-employee relationship it creates between the Government and the c...

CFCM Practice Test Questions and Answers 100% Correct CFCM Practice Test Questions and Answers 100% Correct CFCM Practice Test Questions and Answers 100% Correct CFCM Practice Test Questions and Answers 100% Correct With respect to proposal evaluations, solicitations for simplified acquisitions are: - ANSWER-not required to state the relative importance of each evaluation factor and subfactor. Performance-based acquisition offers __________, which can be used to adjust payme...