Uniform contract format - Study guides, Class notes & Summaries

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 authorized otherwise. Hard copy Required format for a Government contract, unless authorized otherwise. Administrative closeout Responsibility of the Government contract administration office...

CON 3900 Practice Exam: Questions & Answers Latest 2024/2025 (100% Correct) Market research is conducted during which phase of acquisition? (Ans- All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? (Ans- Deviation Simplified Acquisition Procedures (SAP) should (Ans- Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? (Ans- DD Form 1547, Weighted Guidelines Method What type(...

CON 3900 Practice Exam Questions and Answers Latest 2024/2025 (100% Correct Graded A+) Market research is conducted during which phase of acquisition? (Ans- All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? (Ans- Deviation Simplified Acquisition Procedures (SAP) should (Ans- Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? (Ans- DD Form 1547, Weighted Guidelines Method ...

CON 3900 Questions and Answers Already Passed Market research is conducted during which phase of acquisition? All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? Deviation Simplified Acquisition Procedures (SAP) should Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? DD Form 1547, Weighted Guidelines Method What type(s) of contracts can be awarded when acqui...

CON 3900 Week 2 Exam Questions and Answers Latest Updated 2024/2025 (100% Correct) It is the Government's policy that before executing a contract, the contracting officer must: (Ans- Obtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Government contracting? (Ans- Purchase the requirement as a commercial item. Acquisition planning should begin: (Ans- As soon as the agency need is identifi...

Clarifications When: when awarding without discussions is contemplated Purpose: to clarify certain aspects of proposals Example: relevance, adverse past performance, clerical errors Communications When: when award with discussions is contemplated prior to establishing competitive range, held only with offerors whose exclusion from the competitive range is uncertain Purpose: enhance Government's understanding of proposal by addressing issues that must be explored to allow a reasonabl...

CON 3900 Week 2 Exam Questions and Answers Latest Updated 2024/2025 | 100% Correct | Graded A+. It is the Government's policy that before executing a contract, the contracting officer must: (Ans- Obtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Government contracting? (Ans- Purchase the requirement as a commercial item. Acquisition planning should begin: (Ans- As soon as the agency nee...

The 4 basic elements of an employee welfare benefit plan are: 1. there must be a plan, fund or program 2. the plan, fund or program is established or maintained by an ER 3. the plan, fund or program is for the purpose of providing specifically listed benefits, through the purchase of insurance or otherwise 4. benefits are provided to participants and beneficiaries The courts have held that a plan, fund or program under ERISA is established if from the surrounding circumstances,...

ACO CORB Exam Questions With 100% Correct Answers What are the responsibilities of an ACO? - answerThe ACO is responsible to ensure the best interest of the Government is protected by ensuring the terms and conditions of the contracts are appropriate and that all parties execute the contract according to the terms and conditions of the contract. The ACO is responsible for ensuring the DCMA mission of providing Contract Administration services to DOD activities and its partners of the deliv...

CSI CDT Exam Ch 8 Questions & Answers 2024/2025 A bond which provides a guaranty that if the contractor defaults or fails to perform, the surety will either complete the terms or provide sufficient funds up to the penal amount for such completion and provides a guaranty that subcontractor, material suppliers, and others providing labor, material, and services to the project will be paid. - ANSWERSBonds (Construction, Materials, Labor, Performance) A format which provides a uniform approa...