12) Forward Pricing Rates Agreements are written negotiation agreements between the contractor and Government that provide ______________________
Forward pricing rates that are estimated by using exact costs and prices
Reasonable projections of easily identified specific costs
Pricing rates for an undefined period of time
Consistency in proposal pricing and save time
13) Any cost necessary to the overall operation of the business is called __________
Direct materials cost
General and administrative (G&A) cost
Overhead cost
Direct labor cost
14) What form of information exchange would a Contracting Officer use to reach agreement with an offeror over the terms of a contract?
Negotiation
Clarification
Communication
Discussion
