1) For which one of the following contract types or items can progress payments be authorized?Cost-type items on fixed-price contracts Cost-type contracts Contracts (not basic ordering agreements (BOAs)) that include 2) You are responsible for a fixed-price contract and your contractor has a government approved accounting system. You haven’t been able to agree to any key milestones. Which of the following type of contract financing is most appropriate? 3) The contracting officer is conducting a review to affirmatively determine Contractor B’s responsibility in order to award a contract to Contractor B. In her initial review, the contracting officer found that Contractor B seemed to meet all the standards ofresponsibility. When she checked the Excluded Parties List System (EPLS), she found that Contractor B is not presently on the excluded list. However, Contractor B has been debarred 10 times inthe past 20 years. She determined this by checking the archive section within EPLS for past exclusions. Which statement is true regarding the contracting officer’s next move?determination to the Defense Contract Management Agency (DCMA), if she determines that agency deals more directly with Contractor B. mig_101735641mig_101735591mig_101735741
unsatisfactory record of integrity and business ethics. since Contractor B is not currently on the EPLS and meets all the standards. responsible, since they have been on the EPLS. 4) Which method of non-commercial financing is limited by Congressional authorization? Loan guarantees Performance-based payments Advance payments Progress payments 5) You are the contracting officer on the Wingless Aviation program for the Air Force. The source selection authority has appointed functional experts to the Source Selection Evaluation Board (SSEB). Who is responsible for managing the acquisition program including developing and implementing the acquisition strategy?
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- Contractual term, source selection, contracting officer, Defense Contract Audit Agency