Question: you are working on an undefinitized contract action (UCA) for the purchase of cargo hooks for the CH-47 Chinook helicopter. The not-to-exceed (NTE) price is

you are working on an undefinitized contract action (UCA) for the purchase of cargo hooks for the CH-47 Chinook helicopter. The not-to-exceed (NTE) price is $7,000,000. Can you obligate the total amount at time of award? Why or why not?

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