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7 you are the contracting officer for a 5 million

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7) You are the contracting officer for a $5 million spare parts contract. Theprime contractor does not have an approved purchasing system. The primecontractor intends to award a $1 million cost reimbursement subcontract. Inthis case, consent to subcontract is required in advance of the subcontractaward.[Determine the need for subcontract consent.]TrueFalse
8) Which statement is true about the Liquidated Damages: SubcontractingPlan clause?[Identify subcontract management requirements.]
9) Which of the following programs is designed to stimulate technologicalinnovation for early-stage Research and Development (R&D) at smalltechnology firms, increase small business participation in federally fundedR&D, and foster participation by minority and disadvantaged firms intechnological innovation?[Identify key components of various other small businessprograms and issues that could impact an acquisition.]
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Term
Spring
Professor
N/A
Tags
Business, Management, General contractor

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