Unlimited warrant board - Study guides, Class notes & Summaries

You are the PCO for a major competitive negotiated source selection. The RFP, which reflects the user's requirements and is based on the user's budget, has a requirement for 220 cargo loaders to be delivered at 55 per year over the next four years. One offeror proposes to deliver all 220 loaders in the first year at a dramatically reduced price. Can you accept the offeror's proposal? What factors should you consider in your decision? -You can accept the offeror's proposal under certa...

Contracting Officer Unlimited Warrant Board Exam

What is an option? - ans An option is a unilateral right in a contract, for a specific period of time, where the Government may elect to purchase additional supplies or services called for by the contract, or extend the period of performance. The PCO should use options when (1) in the Governments best interest, (2) there is a need for service beyond the initial period, and (3) to ensure continuity of service. The use of options are not normally in the Governments best interest when (1) T...

What is an option? -An option is a unilateral right in a contract, for a specific period of time, where the Government may elect to purchase additional supplies or services called for by the contract, or extend the period of performance. The PCO should use options when (1) in the Governments best interest, (2) there is a need for service beyond the initial period, and (3) to ensure continuity of service. The use of options are not normally in the Governments best interest when (1) The fo...

Contracting Officer Unlimited Warrant Board | 134 Questions and Answers | 100% Correct

CONTRACTING OFFICER UNLIMITED WARRANT BOARD QUESTIONS AND CORRECT DETAILED ANSWERS LATEST UPDATE GRADED A+ ACTUAL EXAM | 100% VERIFIED ANSWERS

What is an option? - correct answer An option is a unilateral right in a contract, for a specific period of time, where the Government may elect to purchase additional supplies or services called for by the contract, or extend the period of performance. The PCO should use options when (1) in the Governments best interest, (2) there is a need for service beyond the initial period, and (3) to ensure continuity of service. The use of options are not normally in the Governments best interest when ...

QUESTIONS AND ANSWERS

COSG - UNLIMITED WARRANT BOARD EXAM QUESTIONS AND ANSWERS Contractors who provide products or services to the Federal Government are to be considered members of the Government's "Federal Acquisition Team." True or False? - answerTrue. Both FAR 1.102(b)(c) and FAR 1.102-3 note that the Acquisition Team consists of all in Government acquisition including not only representatives of the technical, supply, and procurement communities, but also the customers they serve, and the contractors w...

What is an option? An option is a unilateral right in a contract, for a specific period of time, where the Government may elect to purchase additional supplies or services called for by the contract, or extend the period of performance. The PCO should use options when (1) in the Governments best interest, (2) there is a need for service beyond the initial period, and (3) to ensure continuity of service. The use of options are not normally in the Governments best interest when (1) The foreseea...