Contracting final - Study guides, Class notes & Summaries

You are the contracting officer for a firm-fixed price supply contract valued at $195,400. Which one of the following statements about contract closeout is correct? - ANSWER-The contract is considered closed once you receive evidence of receipt of property and final payment. Which of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? - ANSWER-Purchases shall be made in the simplified manner that is most suitable to the circumstances...

CON 2370 Simplified Acquisition Procedures Exam Questions And Answers You are the contracting officer for a firm-fixed price supply contract valued at $195,400. Which one of the following statements about contract closeout is correct? - ANS The contract is considered closed once you receive evidence of receipt of property and final payment. Which of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? - ANS Purchases shall b...

Human Movement Final USAHSWhy do ROM testing? - correct answer You complete ROM to understand a general overview from a ROM standpoint to evaluate what you want to look at closer. If you notice a deficit you would take more careful measures with a goni How can limits of motion affect occupation participation? - correct answer Impairment in ROM can limit engagement in meaningful occupations. This can be a limiting factor in occupations. Look at demands of task! What is limiting engagement? O...

AFSB 152 - The Institutes Practice Exam Questions and Answers 2023 Lansing Construction Company completed major jobs including road grading, bridges, and base and paving work. Which one of the following types of contractors is Lansing? • Heavy and highway construction • General Engineering contractor • General Building contractor • Design/build contractor - Correct Answer-Heavy and highway construction The project owner for a new shopping plaza being built in Highville is the Hig...

CON 170 Fundamentals of Cost and Price Analysis MIDTERM EXAM_2023. 1. Which of the following statements most closely summarizes government pricing objectives? b. Acquire goods and services from responsible sources at fair and reasonable prices. 2. As a contract specialist, you should be aware that: a) Different sellers in the same market may have different pricing objectives and approaches. b) Sellers in different markets often have different approaches to contract pricing. c) A single fir...

CON 2370 Simplified Acquisition DIFICULT EXAM QUESTIONS WITH 100% CORRECT ANSWERS | 2023 VERSION | PROFESSOR VERIFIED | GRADED A+ You have a requirement for repair parts to support routine maintenance services at the shop on your base. The parts were developed using Government funds and are not offered to the general public. The estimated dollar value of the acquisition is $275,000. Which one of the following statements is true? The use of simplified acquisition procedures is prohibit...

The Occurrence form it doesn't matter when the loss is reported, but the date the loss occurred must be during the policy period. The Supplemental Extended Reporting Period The cost of the endorsement may be up to 200% of the CGL's annual premium. This is a one-time charge and is fully earned at issuance. Product liability would cover Product liability applies to bodily injury the product causes away from the insured's premises. A customer contracting food poisoning is a perf...

The purpose of Construction Quality Management is to: - Achieve the quality established by properly developed requirements through the combined responsibility, but seperate efforts of contractpr smd government personnel. Construction Quality Management is the performance of tasks, which ensure that construction is performed. - According to plans and specifications, on time, within a defined budget and a safe work environment. Partnering relationships are based upon: - Building trust and de...

Contracting Final Exam Questions With 100% Correct Answers 6 essential elements of a contract. - answerMutual Assent Consideration Capacity Lawful Purpose Certainty of Terms Form Provided by Law Mutual Assent - answerat least two people, meetings of the minds o Consideration - answerEach party receives something of value and gives something of value, everybody benefits, Must be mutual. o Capacity- - answerIn order to be legally bound to a contract, a party must have the capacity to u...

Fiscal Law Final Exam - Questions and Answers QUESTION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixedprice contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements. QUESTION 3 1. How long does t...