Contract development Study guides, Class notes & Summaries

Competitive negotiation A method of contracting involving a RFP that states: -The buyer's requirements and criteria for evaluation -Submission of timely proposals by a maximum number of offerors -discussion with those offerors found to be within the competitive range -award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer R&D Contract A contract for basic research applied research, or development SBIR Smal...

PVL3702 Assignment 1 2024 (solutions) ASSIGNMENT 01 QUESTION: Jack is a property developer who is well known for building residential developments. He recently built cluster homes in an upmarket suburb in Cape Town. All the cluster homes are built with the same size and layout, and they only differ with the positioning of each cluster in the complex. This development is brand new, and Jack appoints Sandy as his estate agent to market the sale of the cluster homes. Sandy shows Gloria a...

MRL2601 ASSIGNMENT 2 SEMESTER % TRUSTED workings, explanations and solutions. Question 1 1.1 Lesedi and Simphiwe registered Furnmax (Pty) Ltd, a company that sells office equipment. The Memorandum of Incorporation of Furnmax (Pty) Ltd indicates that the board of directors, consisting of Lesedi, Simphiwe, Carol and Precious, can appoint a managing director who would be authorised to contract on the company’s behalf. However, the board has never formally appointed a managing director. Neverth...

Principle stakeholder - initiates project, assumes risk, provides funding - Answer- Owner Protect public health, safety and welfare - Answer- AHJ - Authorities Having Jurisdiction Address planning issues, determine design program, identify codes and regulations, produce procurement and construction documents, administer construction contract, *provide QA/QC procedures* - Answer- Design Team Entity that constructs a facility. Uses management abilities to gather labor forces, subs, and ma...

SAFe SPC 6.0 Final Exam Questions & Answers 2024 Update SAFe SPC 6.0 Final Exam Questions & Answers 2024 Update When should a Lean portfolio be established? When it is necessary to operate in a completely decentralized environment When it is part of training the executives When the lack of alignment between strategy and execution impacts value delivery When there is a minimum of six Agile Release Trains (ARTs) that require coordination Which activity is associated with the r...

COR 106 Questions and Answers Latest Update Graded A+ The services contracting that the Gov. prefers not to use ... All the answers are correct Bilateral modifications are used to: Make negotiated equitable adjustments and definitize change orders The COR is authorized to: Provide technical direction that does not change the contract in accordance with the Letter of designation received from the Contracting officer Which of the following individuals has expressed authority to enter into a...

PVL3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (157217) - DUE 25 March 2024 100% TRUSTED workings, explanations and solutions. 0.6.7..1.7.1..1.7.3.9 for assistance....... .... Jack is a property developer who is well known for building residential developments. He recently built cluster homes in an upmarket suburb in Cape Town. All the cluster homes are built with the same size and layout, and they only differ with the positioning of each cluster in the complex. This development is bran...

Contract Development Course (CTCD) Test With Complete Answers

CTCM Certification Exam Study Guide Questions with Correct Answers 100% Verified Contract Value - Correct Answer The initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. Statewide Procurement Division (SPD) - Correct Answer The entity that delegates purchasing authority to state agencies for non-IT goods and services, Purchasing authority - Correct Answer The ability of an agency to purchase goods and services using state funds....

Jack is a property developer who is well known for building residential developments. He recently built cluster homes in an upmarket suburb in Cape Town. All the cluster homes are built with the same size and layout, and they only differ with the positioning of each cluster in the complex. This development is brand new, and Jack appoints Sandy as his estate agent to market the sale of the cluster homes. Sandy shows Gloria a beautiful cluster home in the complex, which is next to the guardhouse a...