CON 3900 Study guides, Class notes & Summaries

CON 3900 (CON 3900 Practice Exam) Questions With Complete Answers.

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

CON COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS STUDY GUIDE 2024 UPDATE GET IT 100% CORRECT

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 acquiring commercial items of supply? Only firm-fixed-price ...

Express Actual Authority: Authority explicitly given to the agent through the principal's written or oral instructions Implied Actual Authority: authority to do what is usual, customary and necessary to accomplish the action. No express agreement Apparent Authority: someone reasonably believes an individual has the authority to act on the behalf of the government Delegation of authority: he FAR and states that each authority is delegable unless specifically stated otherwise (FAR 1.108(...

What type of contract shall not be used in Government contracting? Cost-plus-a-percentage-of-cost Contract What types of contracts can be awarded when acquiring commercial items of supply? Firm-fixed-price contracts or fixed-price contracts with economic price adjustment Which form is used by DoD to apply a structured profit/fee? DD Form 1547, Weighted Guidelines Method What is a Procurement Instrument Identifier (PIID)? A unique number identifying each solicitation, contract, agreement...

Pre-Award Phase (1st phase of contracting life cycle) This phase involves all work performed by the buyer (Government or prime contractor) and seller (contractor or subcontractor) in communicating the buyer's requirements and providing a solution to those requirements. What activities make up the Pre-Award Phase? 1) Develop Solicitation 2) Develop Offer Award phase The second phase of the contract life cycle. This phase involves all of the work performed by both the buyer and the selle...

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 3 Questions and Answers Already Passed It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from: Responsible sources What are the two types of negotiated acquisitions? Sole source and competitive What is the objective of a source selection? To select the proposal that represents the best value Which contract type shifts cost risk from the Government to the contractor? Fixed-price Which of the following best describ...

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