Which type of contract includes a not-to-exceed price it


1. Obligating more money than there is allocated for contract is breaking the:

a. None of the answers are right

b. TINA

c. Anti-Deficiency Act

d. CICA

2. Items that have been sold, leased or licensed or merely offered for sale to the general public are known as

a. Foreign Military Sales

b. Scrap

c. Army muntion

d. Commercial off the shelf items

3. Which type of contract includes a Not-to-Exceed Price? It must be definitized within 180 days.

a. Cost Plus Contract

b. Time and Materials Contract

c. Firm Fixed Price with an Economic Price Adjustment

d. Letter Contract

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Operation Management: Which type of contract includes a not-to-exceed price it
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