CON 1300 Kahoots Exam Questions And Answers Practice Questions with Solutions Newest | Already Graded A+

CON 1300 Kahoots Exam Questions And Answers Practice Questions with Solutions Newest | Already Graded A+ How is cost realism used to mitigate cost risk? - Answer- - Cost realism spells out what the Govt can truly expect to spend The purpose of proposal analysis is to.... - Answer- -Ensure that the contracts final price is fair and reasonable Cost analysis evaluations include a cost realism analysis to determine these three things - Answer- - What the Gov should realistically pay, the contractors understanding of the work, the contractors ability to perform the contract What is the best method for performing price analysis? - Answer- - Comparison of proposed prices received in response to the solicitation Which one of these is NOT a price related factor? - Answer- - Adding 10% to any business that is not a HUBzone When shall KOs obtain other than certifies cost and pricing date for all acquisitions, including for commercial buys? - Answer- -When it is the Kos only means to determine the price fair and reasonable An offer is in response to a solicitation and does what to the offeror? - Answer- - Binds the offeror to the terms and conditions awarded from the solicitation Technical and past performance documentation is not part of a/an________ - Answer- Quote Can you do tradeoffs when using LPTA? - Answer- No Performance risk is indicative of what? - Answer- - How well the contractor will be able to perform all of the tasks in the SOW What are the three risk elements in acquisitions? - Answer- - Cost, Schedule and performance Which two helps you mitigate acquisition risk? - Answer- -Conract pricing and contract type Risk is.... - Answer- -Measure of future uncertainties and achieving program goals within constraints within defined cost, schedule and performance constraints. What & do you add to a non-HUBzone proposal when you are using price evaluation preference? - Answer- 10% Do you add 10% to a non-HUBzone small business when you are using price evaluation preference (PEP) - Answer- No What is the standard admin cost for contemplating a Multiple Award Contract? - Answer- $500 When is s cost analysis required? - Answer- - When certified cost and pricing data is required What are the three exemptions to the truth in the negotiations act? - Answer- Commercial, waiver, competition What is a direct cost? - Answer- - Any cost directly identified with a single, final cost objective What are three steps used to perform a cost analysis? - Answer- - Model the proposal, Fact-find the proposal, Enlist help of others Can you adjust the contractors proposal for understanded costs to reflect actual costs IAW the cost realism analysis? - Answer- Yes, but NOT with fixed price When MAY you use cost realism analysis on fixed price contracts? - Answer- - When new requirements may not be fully understood What is the document called where the KO determines fair and reasonable pricing via negotiations? - Answer- - Price Negotiation Memorandum (PNM) Which document provides decision rationale, calculations, market research, and the decision process for the SSB? - Answer- - Price Negotiation Memorandum (PNM) Which three of these are elements of a PNM? - Answer- - Other direct costs, purpose of the negotiation, and the description of the requirement, the reliance on any certified cost and pricing data When an award will be made without discussions, what will the offerors be given the opportunity to do? - Answer- To clarify certain aspects of their proposal Which of these three are objectives in Government negotiations? - Answer- - Fairly apportions risk between the Gov. and the contractor - Has a fair ad reasonable price