COMPREHENSIVE QUESTIONS AND
SOLUTIONS
◉ Identify the primary issue you should consider when analyzing
direct labor categories in a contractor's proposal.
Answer: -Is the proposed skill mix identical to the independent
government estimate?
-Does the contractor compensate their employees for unpaid
overtime?*
-Is the proposed skill mix reasonable for the work required?
- Does the contractor currently employ workers in all proposed
labor categories?
◉ Which of the following must be true to properly classify a cost as
an "other direct cost"?
Answer: The proposed cost benefits only the proposed contract
work *
◉ Which of the following labor classifications most likely involves
fashioning parts from raw materials or purchased materials?
Answer: Fabrication
, ◉ Which of these situations warrants the use of a round-table
estimate?
Answer: A contract is for a unique item, and there is no historical
data available (i.e., detailed drawings, bill of materials, firm
specifications).*
◉ When is it most appropriate to document or model a contractor's
proposal?
Answer: When the value, importance, and complexity warrant the
modeling
◉ Which of the following are factors used in calculating the Facilities
Capital Cost of Money (FCCOM) amount?
Answer: -Proposal allocation base amounts
-Division-wide allocation base amounts
◉ What is the "base" that used in the calculation of the performance
risk, contract type risk, and cost efficiency factor when using the
weighted guidelines to determine a profit/fee objective?
Answer: Total costs
◉ A cost is ALLOCABLE if it:
Answer: -Is incurred specifically for the contract being considered
-Results in an inequitable allocation costs.