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CON 3900V Practice Exam 2024 LATEST UPDATE R260,86   Add to cart

Exam (elaborations)

CON 3900V Practice Exam 2024 LATEST UPDATE

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  • Course
  • CON 3900
  • Institution
  • CON 3900

Contract type Determines cost risk allocation between Government and contractor. Labor-hour Contract type where contractor is paid based on labor hours worked. Fixed-price Contract type where price is set and does not change. Government contract Must be in writing, except when au...

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  • September 14, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CON 3900
  • CON 3900
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CON 3900V Practice Exam 2024
LATEST UPDATE

Contract type
Determines cost risk allocation between Government and contractor.
Labor-hour
Contract type where contractor is paid based on labor hours
worked.
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Fixed-price
Contract type where price is set and does not change.
Government contract
Must be in writing, except when authorized otherwise.
Hard copy
Required format for a Government contract, unless authorized
otherwise.
Administrative closeout

, Responsibility of the Government contract administration office.
Alternative Dispute Resolution (ADR)
Requires voluntary election by both parties to participate.
Negotiated acquisitions
Include sole source and competitive acquisitions.
Subcontracting Policies and Procedures
Title of FAR part 44.
Section B
Section of the uniform contract format (UCF) for negotiated special
contract requirements.
Tradeoff source selection process
Requires evaluation factors stated in the solicitation.
Governmentwide point of entry (GPE)
Requires synopsizing proposed contract actions above a certain
dollar value.
Contractor Performance Assessment Reporting System (CPARS)
When the contract dollar value exceeds the simplified acquisition
threshold Feedback:See FAR 42.1502(b)
Prenegotiation objectives
Document elements of the negotiated agreement.
Federal Acquisition Regulation System
Basic policies and general information covered in FAR part 1.
Competitive source selection
Does not require exact same discussions with each offeror.
Procurement Instrument Identifier (PIID)
Unique number identifying each solicitation, contract, agreement,
or order.
Acceptance
Responsibility of the project manager or designated representative.

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