Procuring contracting officer for services contract

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Question

You have been assigned as the procuring contracting officer for a services contract. You have assigned your contract specialist to research past procurements of the same or similar services to help determine whether your potential acquisition will meet the definition of a commercial service. To assist them with market research, your assigned contract specialist asks you to describe the characteristics of commercial services. Which response properly describes the commercial services category of the Federal Acquisition Regulation (FAR) 2.101 definition for a commercial service? "Commercial services are services of a type offered and sold competitively in substantial quantities in the commercial marketplace based on established catalog or market prices and are services for specific tasks or outcomes performed under standard terms and conditions." "Services sold competitively for which there are no established catalog or market prices." "Services that could be offered or sold competitively, in substantial quantities, in the commercial marketplace." "Services cannot be procured using commercial acquisition procedures."

Reference no: EM133835202

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