CON091 CONFUN 4 Module 3 v2.1 Module 3 Introduction In Module 2 you learned the principles of contract formation. In Module 3 you will expand your knowledge of contract fundamentals by reviewing the various contract types, how they are selected, and when they may be used. Module 3 also includes an overview of small business subcontracting and the policies and procedures for simplified acquisition. As with every module for this course, you will need to call on your recently honed skills to locate, cite, interpret, and determine the applicability of the policies and procedures in the FAR, DFARS, DFARS PGI, and CDs to DoD acquisitions. Module 3 Schedule Day 7 Day 8 Contract Types Morning: Exam # 2 Selecting a Contract Type Small Business Subcontracting Limitations Begin Module 4 Simplified Acquisition Procedures Learning ObjectivesTerminal Learning Objectives:•Differentiate between the types of contracts, and apply the policies and procedures for use in DoD acquisitions.