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AAFC & ABCC-Contracting > 1520-Mission Support Execution > Flashcards

1520-Mission Support Execution Flashcards

1
Q

What is the Competitive Range?

A

Consists of all of the most “highly rated” responses

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2
Q

What are the two types of Price Index Numbers?

A

Simple

Aggregrate

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3
Q

What is Price Reasonableness?

A

The price a prudent buyer would be willing to pay given market conditions and other factors

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4
Q

What is the price index formula?

A

NI/OI x OP=NP

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AAFC & ABCC-Contracting (45 decks)

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