___________ Is a Contract for a Supply That Does Not

question 59

Multiple Choice

___________ is a contract for a supply that does not procure or specify a firm quantity of supplies (other than a minimum or maximum quantity) , and that provides for the issuance of orders for the delivery of supplies during the period of the contract. Where as _________ is a contract that may be used to acquire supplies and/or services when the exact times and/or exact quantities of future deliveries are not known at the time of contract award.

• A) Delivery order, indefinite quantity
• B) Cost-plus-fixed-fee is, cost-plus-incentive-fee
• C) Cost-reimbursement, cost sharing
• D) Cost-plus-incentive-fee, cost sharing

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Definitions:

Multiply

To increase or combine quantities through the mathematical operation of multiplication.

Decimal

A number system based on ten, involving numbers with fractions represented by digits following a period.

Smaller

Referring to an object of lesser size or amount compared to another.

Multiply

A mathematical operation where a number is added to itself a certain number of times, equivalent to repeated addition.