Clc 222 - Study guides, Class notes & Summaries

CLC 222 Contracting Exam Questions and Answers Key aspects of the Fixed Price Process for acceptance and payment include timeliness, quality, and invoicing. - Answer-True The only exceptions to final acceptance are (Select all that apply) - Answer-Fraud Latent Defect Gross mistakes amounting to fraud The COR may release information without consulting with the Contracting Officer or Legal Counsel. - Answer-False A critical way that formal communication differs from informal is that f...

CLC 222 Module Two Latest Update Graded A+ existing contract including all options COR can assist negotiation and sealed bidding negotiations allow for communication conracting methods available all these are correct Independent government estimate an independent detailed assessment purpose of evaluation factors offerer can be evaluated A statement of work work/ location/ period/ deliverable A purchase request is an TRUE The two techniques Lowest Price Technically Acce...

CLC 222 CONTRACTING COMPREHENSIVE QUESTIONS AND CORRECT ANSWERS STUDY GUIDE GRADE A+ 2024 UPDATE

CLC 222 Mod 2 Quiz 3 – With All Questions & 100% Accurate Answers & Explanations CLC 222 Mod 2 Quiz 3 – With All Questions & 100% Accurate Answers & Explanations What is Acquisition planning? 2.101 - ANSWER - means the process by which the efforts of all personnel responsible for an acquisition are coordinated and integrated through a comprehensive plan for fulfilling the agency need in a timely manner and at a reasonable cost. It includes developing the overall strategy for managing th...

CLC 222 Questions and Answers Already Passed What is the source of the COR's authority? the contracting officers representative designation/appointment letter The contractor gives a federal employee tickets to a local production of a Broadway play. The tickets are worth $20. Was an ethics law or regulation violated? If so, which one? no ethics law or regulation has been violated, however, the appearance of impropriety might exist All are considered typical duties of the COR excep...

CLC 222 Questions and Answers with Verified Solutions Truth in Negotiations Act (TINA) 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? Fixed price contracts provide for a price that is not subject to any a...

CLC 222 CONTRACTING EXAM 2024. COMPLETE QUESTIONS AND ANSWERS | RATED A+ What is a Contracting Officer Representative? - CORRECT ANSWER->> A technical representative that is appointed by the contracting officer through a designation letter The procuring Contracting Officer, Administrative Contracting Officer, Termination Contracting Officer, and the Contracting Officer's Representative are key players in the acquisition process. From the following statements, choose the correc...