6) You are about to issue a fixed-price contract for a mature, stable production program that will include contract financing. Which type of financing should you consider first? Loan guarantees Performance-based payments Advance payments Progress payments based on percentage or stage of completion 7) When performance-based payments (PBPs) were first introduced, a number of potential advantages were cited. Of those expected advantages of PBPs, which one of the following has proven to be an actual advantage? 8) A receipt of a Certificate of Competency has no bearing on the need for or entitlement to contract financing.
9) As the contracting officer, you have received four cost-reimbursement proposals for the Marine Corp's Assault Amphibious Vehicle "Rebuild to Standard" requirement. The solicitation indicated that the trade-off process would be used to determine the successful offeror. One offeror's cost proposal is $30 million below the government's estimate, while the others are within $5 million. There is concern that the offeror's low cost estimate might be indicative of a misunderstanding of the requirements. What comprehensive process shall be performed in this situation? the same or similar work. the opportunity to explain any unusual proposal information.
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- Spring '16
- Transaction cost, contracting officer, Defense Contract Audit Agency