Con 3900 stuvia - Study guides, Class notes & Summaries
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Con 3900 Complete Questions & Answers (Graded A+)
- Exam (elaborations) • 47 pages • 2023
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Express Actual Authority: - ANSWERSAuthority explicitly given to the agent through the principal's written or oral instructions 
 
Implied Actual Authority: - ANSWERSauthority to do what is usual, customary and necessary to accomplish the action. No express agreement 
 
Apparent Authority: - ANSWERSsomeone reasonably believes an individual has the authority to act on the behalf of the government 
 
Delegation of authority: - ANSWERShe FAR and states that each authority is delegable unless speci...
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CON 3900 Exam| 150 Questions With Correct Answers| Verified 100%
- Exam (elaborations) • 14 pages • 2023
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Market research is conducted during which phase of acquisition? - ANSWERSAll phases of the acquisition 
 
What is the use of a procedure that is inconsistent with the FAR? - ANSWERSDeviation 
 
Simplified Acquisition Procedures (SAP) should - ANSWERSPromote competition to the maximum extent practicable 
 
What is the tool (form) used by DoD to apply a structured profit/fee? - ANSWERSDD Form 1547, Weighted Guidelines Method 
 
What type(s) of contracts can be awarded when acquiring commercial ite...
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CON 3900 Questions & Answers(GRADED A)
- Exam (elaborations) • 4 pages • 2023
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What type of contract shall not be used in Government contracting? - ANSWERSCost-plus-a-percentage-of-cost Contract 
 
What types of contracts can be awarded when acquiring commercial items of supply? - ANSWERSFirm-fixed-price contracts or fixed-price contracts with economic price adjustment 
 
Which form is used by DoD to apply a structured profit/fee? - ANSWERSDD Form 1547, Weighted Guidelines Method 
 
What is a Procurement Instrument Identifier (PIID)? - ANSWERSA unique number identifying ea...
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CON 3900 - Cost and Price Analysis Correct 100%(RATED A)
- Exam (elaborations) • 2 pages • 2023
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What is the definition of Price? - ANSWERScost plus any fee or profit 
 
What is the Government's Pricing Policy? - ANSWERScomes from reasonable sources, and is done independently and separately; must be fair and reasonable 
 
Source Selection in regards to price - ANSWERSprice or cost should be evaluated in SS procedures, even in event of trade off (is the Government willing to pay more for whatever the trade off is?) 
 
What does the Technical Team evaluate during SS procedures? - ANSWERSeval...
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