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CON 3900 TEST QUESTIONS AND ANSWERS WITH COMPLETE SOLUTION Market research is conducted during which phase of acquisition? - answer-All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? - answer-Deviation Simplified Acquisition Procedures (SAP) should - answer-Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? - answer-DD Form 1547, Weighted Guidelines Method...

Express Actual Authority: Authority explicitly given to the agent through the principal's written or oral instructions Implied Actual Authority: authority to do what is usual, customary and necessary to accomplish the action. No express agreement Apparent Authority: someone reasonably believes an individual has the authority to act on the behalf of the government Delegation of authority: he FAR and states that each authority is delegable unless specifically stated otherwise (FAR 1.108(...

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

Con 3900 Test Questions with Correct Answers When using invitations for bids (IFBs), what types) of contracts can be awarded? - Answer-Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment The contracting officer shall take which of the following actions to encourage small business participation in acquisitions? - Answer-Divide acquisitions into reasonably small lots to permit offers on quantities less than the total requirement Government contract type...

CON 3900 All Practice Questions and Answers 2023/2024 with complete solutions;(CON 3900 test bank)

CON 3900 All Practice Questions and Answers 2023/2024 with complete solutions;(CON 3900 test bank)

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Con 3900 Test Questions with Correct Answers When using invitations for bids (IFBs), what types) of contracts can be awarded? - Answer-Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment The contracting officer shall take which of the following actions to encourage small business participation in acquisitions? - Answer-Divide acquisitions into reasonably small lots to permit offers on quantities less than the total requirement Government contract typ...

CON 3900 Week 3 Test Questions with Answers All Correct Where does the majority of risk fall in a firm-fixed price contract? - Answer-The contractor What is the definition of price according to FAR 15.401? - Answer-Price = Cost + any fee or profit applicable to the contract type What are the contracting officer's responsibilities with regards to price? (1 of 3) - Answer-Purchase supplies and services from responsible sources at fair and reasonable prices What are the contracting off...