Contracting government Study guides, Class notes & Summaries

Statewide Procurement Division (SPD) - ANSWER-The central authority for state agencies for procurement guidance, education, statewide contract development services, and delegation of purchasing authority. Assists its statewide government customers with all stages of the procurement cycle. Policy and Outreach - ANSWER-Conducts policy research, training and certification customer service support services. Statewide Contract Development and Contract Management - ANSWER-A broad range of contra...

CLC 059 Exam Questions And Answers Who decides which post-award contract administrative functions will be delegated and which will be retained by the contracting officer who awarded the contract? - ANS Procuring contracting officer (PCO) "Bloom. LLC was recently awarded a $2 million contract for website enhancement services that was set aside for Historically Underutilized Business Zone (HUBZone) small businesses. Bloom's owner recently asked you which of the following would be ac...

Competitive negotiation A method of contracting involving a RFP that states: -The buyer's requirements and criteria for evaluation -Submission of timely proposals by a maximum number of offerors -discussion with those offerors found to be within the competitive range -award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer R&D Contract A contract for basic research applied research, or development SBIR Smal...

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...

Steps used to control costs of managed care include: - ANSWER-Bundled codes Capitation Payer and Provider to agree on reasonable payment DRG is used to classify - ANSWER-Inpatient admissions for the purpose of reimbursing hospitals for each case in a given category w/a negotiated fixed fee, regardless of the actual costs incurred Identify the various types of private health plan coverage - ANSWER-HMO Conventional PPO and POS HDHP/SO plans - high-deductible health plans with a savings...

Who decides which post-award contract administrative functions will be delegated and which will be retained by the contracting officer who awarded the contract? - Answer- Procuring contracting officer (PCO) "Bloom. LLC was recently awarded a $2 million contract for website enhancement services that was set aside for Historically Underutilized Business Zone (HUBZone) small businesses. Bloom's owner recently asked you which of the following would be acceptable subcontracts for Bloom to enter...

CLM 023 Ability One Questions and Answers 100% Solved (JWOD) Act requires the Government to purchase supplies or services that the Commission determines are suitable to be added to the Procurement List (PL), at a Fair Market Price (FMP), from AbilityOne-participating nonprofit agencies, if they are available within the time period required. The supply or service must be on the PL prior to purchase. The Javits-Wagner-O'Day The U.S. AbilityOne Commission is an independent federal agency authori...

CON 2370 Exam Practice Questions and Answers Latest Update 2023/2024 | 100% Verified. You should use SAP when - correct answers The estimated value of the requirement is equal to or less than the SAT You have a requirement to purchase military transport vehicles that can travel over rough terrain. Market research has shown that there are no commercially developed or Government developed items that satisfy the terrain requirements. This type of item is a: - correct answers Developmental ite...

Identify the importance of establishing/maintaining the COR file with required documentation - Answer- Memorandum for Record or some other similar documentation What is the COR's primary purpose in performing an inspection? Choose the best answer! - Answer- Ensuring the Government gets a quality product The services contracting that the Government prefers not to use is personal services contracts. Indicators of personal services contracts is/are: - Answer- All of the answers are correct ...

Test Bank For Anderson's Business Law and the Legal Environment, Standard Volume 23rd Edition by David Twomey, Marianne Jennings, Stephanie Greene 5556, 5, 7640, 6 1: TheNature and Sources of Law 2: The Court System and Dispute Resolution 3: Business Ethics, Social Forces, and the Law 4: The Constitution as the Foundation of the Legal Environment 5: Government Regulation of Competition and Prices 6: Administrative Agencies 7: Crimes 8: Torts 9: Intellectual Property R...