Clc 222 questions - Study guides, Class notes & Summaries

CLC 222 Module 3 Exam Contract Management Questions and Answers (2022) (Verified Answers) CLC 222 Module 3 Exam: Contract Management • When reviewing the contract, which of the following shall be reviewed for technical and contractual understanding? (Select all that apply) o Incorrect: The Statement of Work • If the COR is monitoring the contract and notices that most of the deliverables are late, this could be an indicator of a problem with the contractor's ability to perform the c...

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...

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 su...

CLC-222 Contracting Exam Questions and Answers

CLC 222 Exam 6 (2024) || Questions & Complete Solutions (Graded A+) CLC 222 Exam 6 (2024) || Questions & Complete Solutions (Graded A+) 6 essential elements of a contract: - ANSWER - 1. Mutual Assent - offer and acceptance; meeting of the minds 2. Consideration - quid pro quo 3. Capacity - mentally capable and adult 4. Lawful Purpose - cannot be illegal 5. Certainty of Terms - unambiguous 6. Form Provided by Law You are required to put ____ provisions and ____ clauses in solicitati...

CLC 222 QUESTIONS AND LATEST CORRECT ANSWERS / 100% PASS What is the source of the COR's authority? - answer-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? - answer-no ethics law or regulation has been violated, however, the appearance of impropriety might exist All are considered typical ...

CLC-222 Contracting Questions & Answers | with 100% Correct Answers | Updated & Verified

CLC 222 QUESTIONS AND LATEST CORRECT ANSWERS / 100% PASS