You are the contracting officer for a 5 million spare

7) You are the contracting officer for a $5 million spare parts contract. The
prime contractor does not have an approved purchasing system. The prime
contractor intends to award a $1 million cost reimbursement subcontract. In
this case, consent to subcontract is required in advance of the subcontract
award.
[Determine the need for subcontract consent.]
True
Fals
e
8) Which statement is true about the Liquidated Damages: Subcontracting
Plan clause?
[Identify subcontract management requirements.]

9) Which of the following programs is designed to stimulate technological
innovation for early-stage Research and Development (R&D) at small
technology firms, increase small business participation in federally funded
R&D, and foster participation by minority and disadvantaged firms in
technological innovation?
[Identify key components of various other small business
programs and issues that could impact an acquisition.]