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An offer is response to a solicitation that, as accepted, would bind the offeror to perform
the resultant contract. - Answer- True
A quotation could include specs but no technical or past performance documentation? -
Answer- True
What would it be if you include technical or past performance? - Answer- A proposal
Are there tradeoffs in LPTAs? - Answer- No
Which risk element indicates how well the contractor would or would not be able to
satisfy the requirement of statement of work? - Answer- Performance risk
Which of the following are not to go risk types? - Answer- Subcontracting
Proposal analysis. Is it to ensure the contractor is final agreed to-price is fair and
reasonable? - Answer- True
Cost realism is required for all cost type contracts. - Answer- True
During performing price an.alysis we compare separate cost elements - Answer- False
Is GFP a price related factor? - Answer- YES (competitive fixed price only!!!)
What price adjustment do we alter HUBZones by? - Answer- 10%
When we are not doing tradeoffs what is the price we tend to go with? - Answer- Lowest
Price Technically Acceptable
When we have certified cost/pricing data what type analysis are we going to do? -
Answer- Cost analysis
1. What are the exemptions to TINA? - Answer- Commercial, Competition, Waiver