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The document contains questions and answers related to RFP FA8534-18-R-0002. Key points include: - Amendment 0004 will correct the size standard in Section K to $38.5M and remove an asterisk. - Offerors should use the PWS and CDRLs to establish proposed prices without labor category estimates. - Offerors are to provide cost/pricing information for each CLIN but the evaluation will be waived. - The Total Compensation Plan requirement is not in conflict and should include salaries for employees under the contract. - Proposals must be technically acceptable for all subfactors to be considered.
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![Government Response: The requirement for salaries in the Total Compensation
Plan is not in conflict.
7. Is it sufficient for offerors to describe their methodology for establishing professional
employee salaries and direct labor rates, or is the Government expecting all offerors to
bid a full list of labor categories, qualifications, and salaries anticipated for the life of the
SES IDIQ?
Government Response: In accordance with FAR52.222-4, as part of their
proposals, offerors will submit a total compensation plan setting forth salaries and
fringe benefits proposed for the professional employees who will work under the
contract
8. You did not check the box stating whether it was extended or not. Could you please
extend it a week?
Government Response: A proposal extension will not be granted.
9. Can my firm respond only to Subfactor One, Engineering Analysis and Testing
Capability [Sample Task 1] without including a response to Subfactor Two,
Cybersecurity [Sample Task 2]?. We are primarily a mechanical/structural engineering
firm, with limited cybersecurity and I/O experience. Will our response be rejected in it’s
entirety or can we be considered without penalty?
Government Response: In order for a proposal to be technically acceptable it
must be deemed technically acceptable for all subfactors identified in Sections
L&M.
10. Our Total Compensation Plan includes an attachment with labor categories identified and
associated salaries. In response to this RFP, our plan is to include labor categories
required for the sample tasks only. Is this a correct approach?
Government Response: No, offerors will submit a total compensation plan
setting forth salaries and fringe benefits proposed for the professional employees
who will work under the contract.](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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PC’s Approval:
HIGHER COLLEGE OF TECHNOLOGY
DEPARTMENT OF ENGINEERING
SECTION: CAE EEE MIE
Final Assignment
Semester: 2 A. Y: 2019 / 2020
Date of Assignment posting: 1st May 2020 Time: 10:00 AM
48 hours
Date of Uploading: 3rd May 2020 Time: 10:00 AM
Student Name
Student ID
Specialization Quantity Surveying
Level Higher Diploma
Course Name / Course Code CEQS3231 - Construction Economics
Section No. 1 & 2
Page 2 of 6
Question No.
Max. Marks Obtained
Marks
Question No. Max. Marks Obtained
Marks
PART- 1 Q 3. 5
Q 1. 2 Q 4. 7
Q 2. 3.5
Q 3. 2.5 PART- 3
Q 4. 2 Q 1. 9
PART- 2 Q 2. 7.5
Q 1. 3 Q 3. 3.5
Q 2. 5
Sub-Total
Marks
18 Sub-Total Marks 32
Grand Total
Marks ____ / 50
Course Lecturer: Ms. Sreevidhya M S Second Marker:
Student’s Declaration: (to be filled by student)
Student Name: __________________ ID: _________ Signature: _________
(Digital Signature)
Page 3 of 6
PART – 1 (10 marks)
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[2]
Q 2. The demand & supply schedule for a market is given in Table 1.
Table 1: Demand & Supply Schedule
Price (OMR) Demand (thousands) Supply (thousands)
30 44 28
40 40 32
50 36 36
60 32 40
Calculate:
i. The price elasticity of demand when the price is OMR 40 from the initial price
chart.
[1]
ii. The price elasticity of supply when the price is OMR 50 from the initial price
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[1]
iii. Suppose the government sets a price value of OMR 30. Will there be a
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[1.5]
Q 3. Mr. Khalil borrowed OMR 8,000 from HSBC bank at an interest rate of 8.5%.
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[2]
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Questions 1 and 2 were taken directly from the text and I am aware that the answers are available through an internet search.
I want to remind you that searching the internet for the answers and using those answers is a violation of UMUC academic integrity policies.
In addition, using any outside source without citation is plagiarism.
However, just gaining access to the answers will not satisfy the homework assignment because I have added the requirement that you explain your answers, which cannot be found on the internet and needs to be reasoned out from the material in the chapter.
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The following are several multiple choice questions adapted from the CPA exam that cover the concept and application of materiality.
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Your explanations should address all the possible alternatives presented in the question.
a)
Which one of the following statements is correct concerning the concept of materiality?
i)
Materiality is determined by reference to guidelines established by the AICPA.
ii)
Materiality depends only on the dollar amount of an item relative to other items in the financial statements.
iii)
Materiality depends on the nature of an item rather than the dollar amount.
iv)
Materiality is a matter of professional judgment.
Answer:
Explanation
:
b)
In considering materiality for planning purposes, an auditor believes that misstatements aggregating $10,000 will have a material effect on an entity's income statement, but that misstatements will have to aggregate $20,000 to materially affect the balance sheet.
Ordinarily, it is appropriate to design audit procedures that are expected to detect misstatements that aggregate to
i)
$10,000
ii)
$15,000
iii)
$20,000
iv)
$30,000
Answer:
Explanation
:
c)
A client decides not to record an auditor's proposed adjustments that collectively are not material and wants the auditor to issue the report based on the unadjusted numbers.
Which of the following statements is correct regarding the financial statement presentation?
i)
The financial statements are free from material misstatement, and no disclosure is required in the notes to the financial statements.
ii)
The financial statements do not conform with generally accepted accounting principles (GAAP).
iii)
The financial statements contain unadjusted misstatements that should result in a qualified opinion.
iv)
The financial statements are free from material misstatement, but disclosure of the proposed adjustment is required in the notes to the financial statements.
Answer:
Explanation
:
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Suppose a manufacturing company makes a certain item. The time to produce each item is normally distributed around a mean of 27 minutes with a standard deviation of 2.5 minutes. Thus, the population of production times is normal in shape. Find the mean and standard deviation of the sample.
Problem 2
The average prices for a product in 12stores in a city are shown below.
$2.99, $2.85, $3.25, $3.55, $3.00, $2.99, $2.76, $3.50, $3.20, $2.85, $3.75, $3.85
Test the hypothesis that the average price is higher than $2.87. Use level of significance = 0.05.
Problem 3
A store wishes to predict net profit as a function of sales for the next year.The following table gives the years 1998 to 2005.
Year
Sales
(thousands of dollars)
Net Profit
1998
51
5
1999
55
10.2
2000
65
9.6
2001
82
-3
2002
75
2.8
2003
71
3.2
2004
82
-2.3
2005
81
-2.6
(a) Graph the points from 1998 through 2005on ascatter diagram using Sales as the independent variable and Net Profit as the dependent variable.
(b) Draw the regression line on the graph you constructed in Part (a).
(c) What is the value of the coefficient of determination for this regression model? Comment on the strength of the regression line for this model.
(d) What is the predicted net profit for 2006 if sales are expected to be 125?
Problem 4
Last week’s sales of iMac computers at an Apple Store in Oklahoma City, OK,are shown in the following table:
Day
Sales (Dollars)
1
180
2
150
3
210
4
225
5
195
6
190
7
230
(a) Use the 3-day moving average method for forecasting days 4–7.
(b) Use the 3-day weighted moving average method for forecasting days 4–7. Use Weight 1 day ago = 2, Weight 2 days ago = 4, and Weight 3 days ago = 3.
(c) Compare the techniques using the mean absolute deviation (MAD).
Problem 5
The following table shows six years of average annual cost-of-living index data:
Year
Annual Cost of Living Index
2008
105.8
2009
111.4
2010
121.9
2011
134.3
2012
128.6
2013
125.2
(a) Forecast the average annual food price index for all years from 2008 to 2013. Use a 3-year weighted moving average with weights of 0.5, 0.3, and 0.2. Use the largest weight with the most recent data.
(b) Forecast the average annual food price index using exponential smoothing with α = 0.7 for all years from 2008 to 2014. Use the rate for 2008 as the starting forecast for 2008.
(c) Which of the methods in parts (a) and (b) produces better forecasts for the 3 years from 2011 to 2013? Answer on the basis of mean square error (MAD).
Problem 6
A company manufactures two products, Product A and Product B. The wholesale price and manufacturing cost.
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“ help.mbaassignments@gmail.com ”
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The document discusses the impact of adopting Indian Accounting Standards (Ind AS) for telecom companies in India. Some of the key areas that will be impacted for telecom companies include:
1) Accounting for revenue, spectrum licenses, indefeasible rights of use, property and equipment.
2) Accounting for deferred tax assets and liabilities.
3) Adoption of Ind AS 101 provides exemptions from retrospective application, including the use of fair value as deemed cost for property, plant and equipment.
4) Preparation of an opening Ind AS balance sheet as of the transition date and provision of comparative information will be required.
ESTIMATING and coasting of electrical equipment.
The document discusses key concepts related to estimating and costing for electrical engineering projects. It covers estimating techniques like preparing material schedules and proformas. It also discusses elements of estimating like price lists, market surveys, and overhead and labor charges. The document explains the purchase process including requisitions, calling quotations, comparative statements, purchase orders, and tenders. It provides details on earnest money deposits required for tenders.
Volume ii technical proposal
As your proposal team member, we help you get started with fully customizable proposal outlines, that not only helps you put your most professional foot forward, it also offers you loads of tips to make your response shine.
Vces 2013 - Problems in Implementation by CA Ritul Patwa, Jaipur
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However, there are some problems in the understanding of the scheme by both the Declarant and the Department. We have analysed the Scheme and discussed the problems in implementation of this scheme with suggestions and our opinion - CA Ritul Patwa, Partner M/s. Ritul Patwa & Co, Jaipur; www.ritulpatwa.com or rp@ritulpatwa.com
1202 Task Force DQ
This document is a solicitation from the Colorado Department of Education seeking competitive quotes from offerors to conduct a cost and implementation analysis of Colorado's K-12 assessment system. It provides administrative details such as the point of contact, communications procedures, tax exemption information, performance location requirements, selection criteria, and submission instructions. Offerors are asked to analyze the costs of preparing for and administering statewide and local assessments for CDE, schools, and districts, and to provide findings to the Standards and Assessments Task Force by November 15, 2014.
Moderator’s Approval PC’s Approval .docx
Moderator’s Approval:
PC’s Approval:
HIGHER COLLEGE OF TECHNOLOGY
DEPARTMENT OF ENGINEERING
SECTION: CAE EEE MIE
Final Assignment
Semester: 2 A. Y: 2019 / 2020
Date of Assignment posting: 1st May 2020 Time: 10:00 AM
48 hours
Date of Uploading: 3rd May 2020 Time: 10:00 AM
Student Name
Student ID
Specialization Quantity Surveying
Level Higher Diploma
Course Name / Course Code CEQS3231 - Construction Economics
Section No. 1 & 2
Page 2 of 6
Question No.
Max. Marks Obtained
Marks
Question No. Max. Marks Obtained
Marks
PART- 1 Q 3. 5
Q 1. 2 Q 4. 7
Q 2. 3.5
Q 3. 2.5 PART- 3
Q 4. 2 Q 1. 9
PART- 2 Q 2. 7.5
Q 1. 3 Q 3. 3.5
Q 2. 5
Sub-Total
Marks
18 Sub-Total Marks 32
Grand Total
Marks ____ / 50
Course Lecturer: Ms. Sreevidhya M S Second Marker:
Student’s Declaration: (to be filled by student)
Student Name: __________________ ID: _________ Signature: _________
(Digital Signature)
Page 3 of 6
PART – 1 (10 marks)
Q 1. Muscat bakery in Al Khuwair is supplying cakes and donuts on a large scale. If the
bakery has upgraded their baking machine to a new automated version with increased
capacity, explain how the Production Possibility Frontier varies after the installation of
this new machine.
[2]
Q 2. The demand & supply schedule for a market is given in Table 1.
Table 1: Demand & Supply Schedule
Price (OMR) Demand (thousands) Supply (thousands)
30 44 28
40 40 32
50 36 36
60 32 40
Calculate:
i. The price elasticity of demand when the price is OMR 40 from the initial price
chart.
[1]
ii. The price elasticity of supply when the price is OMR 50 from the initial price
chart.
[1]
iii. Suppose the government sets a price value of OMR 30. Will there be a
shortage or surplus condition, and, if so, how large will it be?
[1.5]
Q 3. Mr. Khalil borrowed OMR 8,000 from HSBC bank at an interest rate of 8.5%.
Calculate how much interest will be due in 73 weeks using the following interest
methods:
i. Simple interest method if the rate of compounding is done annually. [1]
ii. Compound interest if the interest is compounded quarterly. [1.5]
Q 4. Assume a country in which the factors of production are owned by the private sector
and the government gets involved in decisions like what type of infrastructure is to be
built, any regulations on labor wages etc. Identify what type of economic system the
[2]
Page 4 of 6
country follows and give any 2 reasons to support your answer.
PART – 2 (20 marks)
Q 1. Mr. Hussain makes a monthly deposit of OMR 100 into an annuity for a period of 30
years. Calculate the annual rate compounded monthly, so that after 30 years.
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ASSESMENT OF THE IMPACT OF IND AS
The document discusses the impact of adopting Indian Accounting Standards (Ind AS) for automobile companies. It covers key areas like revenue recognition, provisions, hedging, securitizations, deferred tax, embedded derivatives, product development costs, and property, plant and equipment. The overview section explains the transition process to Ind AS, including the requirement for an explicit compliance statement, accounting policy choices, and preparation of an opening Ind AS balance sheet. It also discusses exemptions available, such as the use of deemed cost for property valuations and relief from restating cumulative translation differences.
Week 5 Homework QuestionsQuestions 1 and 2 were taken directly f.docx
Week 5 Homework Questions
Questions 1 and 2 were taken directly from the text and I am aware that the answers are available through an internet search.
I want to remind you that searching the internet for the answers and using those answers is a violation of UMUC academic integrity policies.
In addition, using any outside source without citation is plagiarism.
However, just gaining access to the answers will not satisfy the homework assignment because I have added the requirement that you explain your answers, which cannot be found on the internet and needs to be reasoned out from the material in the chapter.
In grading, I will place more emphasis you explanation than your selection of the correct alternative.
1)
The following are several multiple choice questions adapted from the CPA exam that cover the concept and application of materiality.
For each question, selected the best answer and then explain why it is better than all the alternatives.
Your explanations should address all the possible alternatives presented in the question.
a)
Which one of the following statements is correct concerning the concept of materiality?
i)
Materiality is determined by reference to guidelines established by the AICPA.
ii)
Materiality depends only on the dollar amount of an item relative to other items in the financial statements.
iii)
Materiality depends on the nature of an item rather than the dollar amount.
iv)
Materiality is a matter of professional judgment.
Answer:
Explanation
:
b)
In considering materiality for planning purposes, an auditor believes that misstatements aggregating $10,000 will have a material effect on an entity's income statement, but that misstatements will have to aggregate $20,000 to materially affect the balance sheet.
Ordinarily, it is appropriate to design audit procedures that are expected to detect misstatements that aggregate to
i)
$10,000
ii)
$15,000
iii)
$20,000
iv)
$30,000
Answer:
Explanation
:
c)
A client decides not to record an auditor's proposed adjustments that collectively are not material and wants the auditor to issue the report based on the unadjusted numbers.
Which of the following statements is correct regarding the financial statement presentation?
i)
The financial statements are free from material misstatement, and no disclosure is required in the notes to the financial statements.
ii)
The financial statements do not conform with generally accepted accounting principles (GAAP).
iii)
The financial statements contain unadjusted misstatements that should result in a qualified opinion.
iv)
The financial statements are free from material misstatement, but disclosure of the proposed adjustment is required in the notes to the financial statements.
Answer:
Explanation
:
2)
The following are several multiple choice questions adapted from the CPA exam that cover audit risk.
For each question, selected the best answer and then explain why it is better than all the alternative.
SOW T&C.pdf
This document provides instructions and terms & conditions for submitting a quotation in response to a request for quotation from Bharat Electronics Ltd. Key details include: quotations must be submitted through the company's SRM portal by the closing date; validity must be at least 90 days; specifications must match what is requested; MSME suppliers should provide relevant documents; preference will be given to Make in India suppliers; the lowest quote with the best delivery will be chosen; payment terms and integrity pacts are also addressed.
DirectionsThis exam consists of seven problems and is an open-boo.docx
Directions:This exam consists of seven problems and is an open-book exam with no time limit. All work should be done individually. Word-process your solutions within this template and show all steps used in arriving at the final answers. Incomplete solutions will receive partial credit. Copy and paste all necessary data from Excel into this document and create tables as needed.
Problem 1
Suppose a manufacturing company makes a certain item. The time to produce each item is normally distributed around a mean of 27 minutes with a standard deviation of 2.5 minutes. Thus, the population of production times is normal in shape. Find the mean and standard deviation of the sample.
Problem 2
The average prices for a product in 12stores in a city are shown below.
$2.99, $2.85, $3.25, $3.55, $3.00, $2.99, $2.76, $3.50, $3.20, $2.85, $3.75, $3.85
Test the hypothesis that the average price is higher than $2.87. Use level of significance = 0.05.
Problem 3
A store wishes to predict net profit as a function of sales for the next year.The following table gives the years 1998 to 2005.
Year
Sales
(thousands of dollars)
Net Profit
1998
51
5
1999
55
10.2
2000
65
9.6
2001
82
-3
2002
75
2.8
2003
71
3.2
2004
82
-2.3
2005
81
-2.6
(a) Graph the points from 1998 through 2005on ascatter diagram using Sales as the independent variable and Net Profit as the dependent variable.
(b) Draw the regression line on the graph you constructed in Part (a).
(c) What is the value of the coefficient of determination for this regression model? Comment on the strength of the regression line for this model.
(d) What is the predicted net profit for 2006 if sales are expected to be 125?
Problem 4
Last week’s sales of iMac computers at an Apple Store in Oklahoma City, OK,are shown in the following table:
Day
Sales (Dollars)
1
180
2
150
3
210
4
225
5
195
6
190
7
230
(a) Use the 3-day moving average method for forecasting days 4–7.
(b) Use the 3-day weighted moving average method for forecasting days 4–7. Use Weight 1 day ago = 2, Weight 2 days ago = 4, and Weight 3 days ago = 3.
(c) Compare the techniques using the mean absolute deviation (MAD).
Problem 5
The following table shows six years of average annual cost-of-living index data:
Year
Annual Cost of Living Index
2008
105.8
2009
111.4
2010
121.9
2011
134.3
2012
128.6
2013
125.2
(a) Forecast the average annual food price index for all years from 2008 to 2013. Use a 3-year weighted moving average with weights of 0.5, 0.3, and 0.2. Use the largest weight with the most recent data.
(b) Forecast the average annual food price index using exponential smoothing with α = 0.7 for all years from 2008 to 2014. Use the rate for 2008 as the starting forecast for 2008.
(c) Which of the methods in parts (a) and (b) produces better forecasts for the 3 years from 2011 to 2013? Answer on the basis of mean square error (MAD).
Problem 6
A company manufactures two products, Product A and Product B. The wholesale price and manufacturing cost.
Sc0008 purchasing and contracting for projects
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Q&a's 4
- 1. Strategic Engineering Services FA8534-18-R-0002 Questions and Answers # 4 01 Apr 2019 1. Section K of the RFP, Page 51, shows the size standard as $15M. Since we are required to submit the RFP as part of Volume I, will the Government be issuing a revised Complete Solicitation with Section K showing the revised Size Standard of $38.5M? Government Response: Amendment 0004 will be issued to correct the size standard referenced in Section K to $38.5M. 2. Section L of the RFP, Page 61, B. Volume I, 1. General, states that “Offerors shall ensure that all clauses and provisions that require “fill-in” information are appropriately completed, including the proposed prices associated with the contract line items in the Schedule of the RFP”. The RFP does not list any estimates of hours or labor categories. Please advise how we should establish “proposed prices” without this information. Government Response: Please see the PWS and CDRLs which explain what the effort is for. 3. Are contractors expected to price out the Sample Tasks? Government Response: No, the Sample Tasks are not to be priced out. 4. There is an asterisk next to Volume II in the page limits and number of copies table. The asterisk is not defined. Please define the asterisk? Government Response: Disregard the asterisk. Amendment 0004 will include the removal of the asterisk. 5. Per section M the Cost/Price evaluation is waived. Section L conflicts as it states Offerors shall ensure that all clauses and provisions that require “fill-in” information are appropriately completed, including the proposed prices associated with the contract line items in the Schedule of the RFP.” Can you confirm that offerors are not to provide any cost or pricing information? Government Response: There is not a conflict. Offerors are to provide cost/ pricing information for each CLIN but the evaluation of cost/pricing information will be waived. 6. Is the requirement for salaries in our Total Compensation Plan in conflict with the clause waiving the cost/pricing information requirement?
- 2. Government Response: The requirement for salaries in the Total Compensation Plan is not in conflict. 7. Is it sufficient for offerors to describe their methodology for establishing professional employee salaries and direct labor rates, or is the Government expecting all offerors to bid a full list of labor categories, qualifications, and salaries anticipated for the life of the SES IDIQ? Government Response: In accordance with FAR52.222-4, as part of their proposals, offerors will submit a total compensation plan setting forth salaries and fringe benefits proposed for the professional employees who will work under the contract 8. You did not check the box stating whether it was extended or not. Could you please extend it a week? Government Response: A proposal extension will not be granted. 9. Can my firm respond only to Subfactor One, Engineering Analysis and Testing Capability [Sample Task 1] without including a response to Subfactor Two, Cybersecurity [Sample Task 2]?. We are primarily a mechanical/structural engineering firm, with limited cybersecurity and I/O experience. Will our response be rejected in it’s entirety or can we be considered without penalty? Government Response: In order for a proposal to be technically acceptable it must be deemed technically acceptable for all subfactors identified in Sections L&M. 10. Our Total Compensation Plan includes an attachment with labor categories identified and associated salaries. In response to this RFP, our plan is to include labor categories required for the sample tasks only. Is this a correct approach? Government Response: No, offerors will submit a total compensation plan setting forth salaries and fringe benefits proposed for the professional employees who will work under the contract.