It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from: (Ans- Responsible sources What are the two types of negotiated acquisitions? (Ans- So... le source and competitive What is the objective of a source selection? (Ans- To select the proposal that represents the best value Which contract type shifts cost risk from the Government to the contractor? (Ans- Fixed-price Which of the following best describes the purpose of proposal analysis? (Ans- To ensure the price is fair and reasonable Which type of solicitation may require the submission of certified cost or pricing data? (Ans- Request for quotations A contracting officer has the broadest discretion in fashioning suitable evaluation procedures when considering: (Ans- Quotations Which acquisition situation would warrant an exception to the requirement for certified cost or pricing data? (Ans- Commercial item acquisition A proposal submission time an [Show More]
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