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If TINA (Truth in Negotiations Act) applies to an acquisition, it requires that the contractor provide certified cost or pricing data when the contract price exceeds a certain threshold. This means that actual cost data from previous contracts, regardless of contract type, can be used as a basis for negotiation, as long as it is relevant and allows for an accurate assessment of pricing. However, the applicability of such data must align with the specific requirements and context of the new contract being negotiated. Ultimately, the focus is on ensuring fair and reasonable pricing based on reliable cost information.

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4w ago

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15) Contract files for prior acquisitions of the same or similar items will identify terms and conditions used in previous solicitations and contracts. Those terms and conditions can be considered as?

valuable reference points for developing new solicitations and contracts. By reviewing past contract files, procurement professionals can identify successful strategies, pricing structures, and performance metrics that can inform current negotiations. Additionally, understanding prior terms and conditions may help ensure consistency and compliance with organizational policies and regulations. Ultimately, leveraging this historical data can enhance the efficiency and effectiveness of the acquisition process.


Difference between takeover and acquisition?

"Acquisition" is a neutral term, but "takeover" connotes hostility between the acquirer and the previous managers or owners of the acquired asset.


What is evergreen status on a contract?

In the absence of a new contract, the previous remains in effect.


Do Acquisition files of prior contracts help analyze the activity and requirement and prepare new solicitations?

Yes, acquisition files of prior contracts are invaluable for analyzing past activities and requirements, as they provide insights into previous procurement strategies, pricing, and vendor performance. By reviewing these files, organizations can identify trends, potential pitfalls, and successful practices that inform the development of new solicitations. This historical data helps ensure that new requirements are accurately defined and aligned with market conditions, ultimately leading to more effective procurement outcomes.


If the terms of a no-compete contract are changed and a new contract is presented does the previous contract become void?

Yes, unless otherwise stated in the new contract


Can you contract HIV from an animals whos previous owner had HIV?

You cannot contract HIV from an animal whose previous owner had HIV because it cannot be passed between species.


When a business incorporates is the company legally bound to honor previous contracts it made when it wasnt a corporation?

If the company was not incorporated when the document was created, the company must have been a partnership or a sole-proprietorship. Whoever signed the contract is legally bound by the contract. If a partner signed, the partnership is legally bound. If a person signed, that person is legally bound.


Do you need a master's degree to be a model?

No. Modeling doesn't require any degree, certification, diploma or other educational component. Previous experience is also not necessary. Legit modeling agencies train and develop their models for free after signing a contract for representation, regardless of whether they have experience or not.


If someone was given an auto and title with no contract but cannot make agreed payments what are the rights of the title holder or the previous owner?

It would be the previous owner's loss.


What to write on job application if contract was not renewed due to surgery and lengthy recovery?

If you are applying for a different position and are asked why your previous contract was not renewed the you tell the truth.


What specific terms and conditions does this contract supersede and replace?

This contract supersedes and replaces any previous terms and conditions that were agreed upon between the parties involved.


How do you use the word nullify as a verb?

"This contract will nullify and render void all previous agreements."