CON 1300 Exam Review (2024/ 2025 Update) Questions and Verified Answers-100% Correct- Grade A An offer is response to a solicitation that, as accepted, would bind the offeror to perform the resultant contract. - ANSWER True A quotation could include specs but no technical or past performance documentation? - ANSWER True What would it be if you include technical or past performance? - ANSWER A proposal Are there tradeoffs in LPTAs? - ANSWER No 1 / 2
Which risk element indicates how well the contractor would or would not be able to satisfy the requirement of statement of work? - ANSWER Performance risk Which of the following are not to go risk types? - ANSWER Subcontracting Proposal analysis. Is it to ensure the contractor is final agreed to-price is fair and reasonable? - ANSWER True Cost realism is required for all cost type contracts. - ANSWER True During performing price an.alysis we compare separate cost elements - ANSWER False Is GFP a price related factor? - ANSWER YES (competitive fixed price only!!!)
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