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  • Final Exam Question Whether To Procure, Where To Procure, When To Procure, What To Procure

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    Chun-Yang Chen
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    The document discusses different contract types for procuring goods or services including cost-reimbursable contracts like CPFF, CPIF, CPAF, and CPF as well as time and material contracts. It also mentions that negotiations are important to reach fair agreements and asks questions about when, where, what, and why to procure.

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    Final Exam Question Whether to Procure, Where to Procure, When to Procure, What to Procure

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    The document discusses different contract types for procuring goods or services including cost-reimbursable contracts like CPFF, CPIF, CPAF, and CPF as well as time and material contracts. It also mentions that negotiations are important to reach fair agreements and asks questions about when, where, what, and why to procure.

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    © All Rights Reserved
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    9 views2 pages

    Final Exam Question Whether To Procure, Where To Procure, When To Procure, What To Procure

    Uploaded by

    Chun-Yang Chen
    The document discusses different contract types for procuring goods or services including cost-reimbursable contracts like CPFF, CPIF, CPAF, and CPF as well as time and material contracts. It also mentions that negotiations are important to reach fair agreements and asks questions about when, where, what, and why to procure.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 2

    Thursday, April 6, 2023 9:35 AM

    Final exam question: Whether to procure, where to procure, when to procure, w


    Cost-reimbursable (CR)
    1. CPFF ( cost plus fixed fee)
    2. CPIF ( cost plus intensive fee)
    3. CPAF ( cost plus award fee)
    4. CPF (cost plus percentage cost) --->the higher the better because of the h
    (dangerous question
    Time and material (T&M)
    For example: $25/ hour (because pay by an hour)
    Final exam question: why do an negotiation? To reach a fair place3
    what to procure

    higher commission

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