Author Question: Progress payments are made to the contractor based upon: A. an estimate of the work done as ... (Read 61 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
Progress payments are made to the contractor based upon:
 
  A. an estimate of the work done as submitted by the resident project representative.
   B. a predetermined payment schedule based upon the progress schedule.
   C. the contractor's estimate of the work done each month.
   D. invoices submitted to the resident project representative.
   E. none of the above.

Question 2

Under the Truth in Negotiations Act how long do contracting officers have to issue a decision on a claim?
 
  What will be an ideal response?



sultana.d

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

A

Answer to Question 2

Under the Truth in Negotiations Act contracting officers are required to issue a decision on a claim within sixty days.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

For a complete list of videos, visit our video library