Cost plus fee - Study guides, Class notes & Summaries

Who has the authority to determine the applicability of rules, regulations, and policies on a specific contract? Any acquisition team member Contracting officer Senior contracting specialist Legal representative - ANSWER ☑☑Contracting officer Which Adaptive Acquisition Framework (AAF) pathway is to acquire information systems that support Department of Defense (DoD) business operations? Middle Tier of Acquisition Acquisition of Services Defense Business Systems (DBS) Acquisiti...

Which of the following estimating methods is typically used by the architect rather than the contractor? - Conceptual estimate An agreement that calls for a contractor to be paid actual costs for labor and materials plus a fixed fee for the contractor's overhead and profit is called a... - cost plus contract Equipment needs for a project are BEST estimated by... - Calculating the number of hours or days it is needed What type of insurance is needed for a partnership to insure that the busi...

Colibri Real Estate (Real Estate Express) Final Exam Review (UPDATED) Fully Solved Assured A+. Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C) Jane paid a commission p...

AFSB 152 - The Institutes Practice Exam Questions and Answers 2023 Lansing Construction Company completed major jobs including road grading, bridges, and base and paving work. Which one of the following types of contractors is Lansing? • Heavy and highway construction • General Engineering contractor • General Building contractor • Design/build contractor - Correct Answer-Heavy and highway construction The project owner for a new shopping plaza being built in Highville is the Hig...

CMIT Exam (200 multiple choice) Questions with Verified Answers A CM's role and responsibilities are governed solely by the Owner/CM Agreement. True False - CORRECT 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....

NABU, APF and FANF - ANSWER MasterCard implemented a new fee, the Network Access and Brand Usage fee (NABU). And following right on the heels of the MasterCard announcement, on July 1, 2009 Visa implemented their U.S. Acquirer Processing Fee (APF). Card brand dues and assessments - ANSWER In addition to Interchange, each card brand includes additional fees based on the transaction amount and per transaction. These fees are called dues and assessments and typically range from 0.105% - 0.45% o...

Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J Acreage Reporting Date - ANSWERSThe deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. 3-E Actual Cash Value (ACV) - ANSWERSA valuation method used by insurers to reflect an item's current market value right before being damaged ...

CON 170 Fundamentals of Cost and Price Analysis MIDTERM EXAM_2023. 1. Which of the following statements most closely summarizes government pricing objectives? b. Acquire goods and services from responsible sources at fair and reasonable prices. 2. As a contract specialist, you should be aware that: a) Different sellers in the same market may have different pricing objectives and approaches. b) Sellers in different markets often have different approaches to contract pricing. c) A single fir...

CON 3900 Exam Questions and Answers 100% Verified What type of contract shall not be used in Government contracting? - answerCost-plus-a- percentage-of-cost Contract What types of contracts can be awarded when acquiring commercial items of supply? - answerFirm-fixed-price contracts or fixed-price contracts with economic price adjustment Which form is used by DoD to apply a structured profit/fee? - answerDD Form 1547, Weighted Guidelines Method What is a Procurement Instrument Identifier ...

MAC3702 Mock Exam (October/November) 2023 100% TRUSTED workings, explanations and solutions. For assistance call or us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . QUESTION 1 (25 marks; 30 minutes) MusclePharm Ltd (MusclePharm) was founded in 2005 to develop the most scientifically advanced, clinically aligned and safest range of dietary supplementation possible. MusclePharm is currently financed by a debt to equity ratio of 20 : 80. Management of MusclePharm is considering investing in ...