WITH CORRECT ANSWERS 2026
An offer is response to a solicitation that, as accepted, would bind the offeror to perform the resultant c
ontract. -VCORRECT ANSWER -True
A quotation could include specs but no technical or past performance documentation? -
CORRECT ANSWER -True
What would it be if you include technical or past performance? - CORRECT ANSWER -A proposal
Are there tradeoffs in LPTAs? - CORRECT ANSWER -No
Which risk element indicates how well the contractor would or would not be able to satisfy the require
ment of statement of work? - CORRECT ANSWER -Performance risk
Which of the following are not to go risk types? - CORRECT ANSWER -Subcontracting
Proposal analysis. Is it to ensure the contractor is final agreed to-price is fair and reasonable? -
CORRECT ANSWER -True
Cost realism is required for all cost type contracts. - CORRECT ANSWER -True
During performing price an.alysis we compare separate cost elements - CORRECT ANSWER -False
Is GFP a price related factor? - CORRECT ANSWER -YES (competitive fixed price only!!!)
What price adjustment do we alter HUBZones by? - CORRECT ANSWER -10%
When we are not doing tradeoffs what is the price we tend to go with? - CORRECT ANSWER -
Lowest Price Technically Acceptable