Contract administration and quality assurance

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Reference no: EM132258621

Regarding Federal Government Contracting:

1. True or False:

DCMA’s functions are limited to contract administration and quality assurance.

2. True or False:

It is important to impose tight budgetary controls on fixed price contracts than on cost type contracts.

3. True or False:

Under fixed price contracts, after inspection has been made and the delivered items are accepted, the contractor is paid.

4. True or False:

The first step upon receipt of an advance copy of the contract is to register it and assign a work order project number.

5. True or False:

After the contract is received by the contractor, the procuring contracting officer at the initiating procurement activity may transfer the contract to the Defense Contract Management Agency.

Reference no: EM132258621

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