NCMA CPCM

Which three types of evaluation standards express values?

The cost-plus-a-percentage-of-cost contract provides for the seller to receive reimbursement for its actual cost and a profit component, called __________, equal to some predetermined percentage of its actual costs.

______________ is a key ingredient in solicitation planning and in the solicitation document to be developed.

Which of the following is NOT the risk analysis factor from the buyer's perspective?

Changes are an inevitable part of contracting, because no one can predict the future with perfect accuracy.