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.] TrueFalse 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.]
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- Spring '17
- Business, Management, General contractor