T02.E06 Six quotes were received in response to your solicitation for new officer equipment that utilized the lowest price technically acceptable source process. the quotes submitted by vendors A,B,and D were determined to be technically acceptable. Vender A quoted a price of $146,500; Vender B quoted a price of $128,250; Vender C quoted a price of $132,800. which one of the following statements about the award decision is correct. {Ans: Vender B is the apparent awardee and price reasonableness would be based on competition.}You have a requirement for administrative support with an estimated value of $1,500,000. Market research shows there are numerous potential offerors that are competitive in terms of market prices, quality, and delivery. The list of potential offerors includes 4 small businesses and 8 large businesses. Which one of the following statements is correct? {Ans: The entire acquisition must be set aside exclusively for small business}You are the buyer for a construction requirement with an estimated value of $75,000. A notice of the proposed contract action is required.Which one of the following solicitation methods must be used? {Ans: Written Solicitation}You have a requirement for a new contract for grounds maintenance at your military installation. The