Types of Contracts
Payments and More!
Things That Begin With Cost
The Boring Stuff
TBC
100
Contract that gaurantees delivery of end items after meeting acceptance criteria without modification to price.
What is a Firm Fixed Price Contract?
100
Company earnings on a Fixed Price contract.
What is profit?
100
You will be reimbursed for actual expenses ONLY.
What is a Cost - No Fee Contract?
100
The regulations for most Government transactions?
What is the Federal Acquisition Regulations?
100
Name of the founder of The Boeing Company.
Who is William E. Boeing?
200
Most appropriate contract type to use when performance criteria is unclear.
What is cost type?
200
A FFP contract shifts the risk to which party.
Who is the contractor?
200
You will have to pony up at least some of the contribution for a portion of the Statement of Work
What is a cost match agreement?
200
The type of authority that CAN bind a company without having actual authority.
What is apparent authority?
200
The name of the building that housed the entire Boeing Company during its first year.
What is The Red Barn?
300
Authorization to begin work immediately prior to negotiations.
What is a letter contract/UCA/Pre contract cost coverage?
300
Type of contract that is based on negotiated hourly rates plus cost for supplies and/or ODCs
What is a T&M contract?
300
A contract that your fee is determined by technical, cost, and/or schedule performance.
What is Cost Plus Award Fee?
300
Authorization document for propsals and contracts.
What is a Clearance Record?
300
This is the year Boeing was founded in Seattle.
What is 1916?
400
A royalty bearing transaction.
What is a license agreement?
400
Type of FAR based transaction where certain allowable costs are not billed back to the Government and you will earn no fee.
What is cost-share?
400
Contract type that you are reimbursed for all actuals plus a base fee AND additional fee if certain criteria are met.
What is CPIF?
400
When internal funding is generated in advance of a formal contract authorization to start/continue performance.
What is Company Funds Request?
400
Jim McNerny's first name.
What is Walter?
500
Type of Fixed Price contract where price is adjustable.
What is Fixed Price Re-determinable or Fixed Price with an Economic Price Adjustment?
500
When the Limitation of Cost clause is included but not the Limitation of Funds clause.
What is Fully Funded contract?
500
The SPECIFIC type of contract that you are statutorily limited to a maximum of 15% fee.
What is CPFF - R&D contract?
500
May result when a new business opportunity has the potential to bias a Contractor's judgement or create an unfair competitive advantage.
What is an Organization Conflict of Interest (OCI)?
500
The range of a 787-10 in nautical miles.
What is 7,000?
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