QUESTIONS WITH A+ GRADED ANSWERS
7 Exception to competition
6.302-1 only one responsible source
6.302-2 unusual and compelling urgency
6.302-3 industrial mobilization, engineering, developmental or research capability, or expert services
6.302-4 international agreement
6.302-5 authorized or required by statute
6.302-6 national security
6.302-7 public interest
5 Exception to certified cost and pricing data
15.403-1
Adequate price competition
Price set by law or regulations
Commercial item
Waiver
Modifying a contract for commercial items
Cost realism
15.404 is the process of independently reviewing and evaluating specific elements of each offeror's
proposed cost element to determine
Realistic/clear understanding/consistent with proposal
7 Price Analysis technique
15.404-1
Adequate price competition
Historical prices
Parametric estimating
Published price list
IGE
Market Research
Other than Certified cost or Pricing data
UCA
Any contract action for which the contract terms, specs, or pricing is not agreed upon before
performance is begun
7 responsible contractor
9.104-1
Have adequate financial resources
Comply with delivery or performance schedule
Satisfactory performance record
Have satisfactory integrity and business ethics
Have necessary organization/experience/accounting/and organizational controls/ tech skills