Question: Test - CON 2 3 7 0 Simplified Acquisition Procedures Exam TO 2 . EO 6 Given a DoD acquisition scenario, determine the requirements for

Test - CON 2370 Simplified Acquisition Procedures Exam
TO2.EO6 Given a DoD acquisition scenario, determine the requirements for award.
Question 13 of 24.
Only one quote was received in response to your competitive solicitation for Government-unique tool kits that utilized the lowest price technically acceptable source selection process. The quote, from Tool Warehouse, was determined to be technically acceptable and was for a price of $124,500. Which one of the following statements about the award decision is correct?
Award can only be made to Tool Warehouse after obtaining approval for the absence of competition.
Award can be made to Tool Warehouse only if the price can be determined reasonable based on comparison to the IGE.
Award can be made to Tool Warehouse if the price can be determined reasonable using any reasonable basis.
The requirement must be resolicited in order to obtain competition.
Mark for follow up
Next "
Watchlist
Ideas
Search
Test - CON 2 3 7 0 Simplified Acquisition

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!