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In DoD contracting, for a contract that was competitively awarded, what method should you use to negotiate profit on a subsequent contract modification that requires
In DoD contracting, for a contract that was competitively awarded, what method should you use to negotiate profit on a subsequent contract modification that requires certified cost or pricing data?
a.
Use the contractor's proposed profit rate if the contractor's past performance rate is satisfactory.
b.
Use the average profit negotiated by your agency for similar products, but never exceed 10%.
c.
Ask the contractor for certified cost or pricing data.
d.
A structured approach, i.e. the weighted guidelines, should be used
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