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CON 3900 EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+, Exams of Contract Law

Market research is conducted during which phase of acquisition? Correct Answer: All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? Correct Answer: Deviation Simplified Acquisition Procedures (SAP) should Correct Answer: Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? Correct Answer: DD Form 1547, Weighted Guidelines Method What type(s) of contracts can be awarded when acquiring commercial items of supply? Correct Answer: Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment

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CON 3900 EXAM | QUESTIONS &
ANSWERS (VERIFIED) | LATEST
UPDATE | GRADED A+
Market research is conducted during which phase of acquisition?
Correct Answer: All phases of the acquisition
What is the use of a procedure that is inconsistent with the FAR?
Correct Answer: Deviation
Simplified Acquisition Procedures (SAP) should
Correct Answer: Promote competition to the maximum extent practicable
What is the tool (form) used by DoD to apply a structured profit/fee?
Correct Answer: DD Form 1547, Weighted Guidelines Method
What type(s) of contracts can be awarded when acquiring commercial items of supply?
Correct Answer: Only firm-fixed-price contracts or fixed-price contracts with economic
price adjustment
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Download CON 3900 EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ and more Exams Contract Law in PDF only on Docsity!

CON 3900 EXAM | QUESTIONS &

ANSWERS (VERIFIED) | LATEST

UPDATE | GRADED A+

Market research is conducted during which phase of acquisition? Correct Answer: All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? Correct Answer: Deviation Simplified Acquisition Procedures (SAP) should Correct Answer: Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? Correct Answer: DD Form 1547, Weighted Guidelines Method What type(s) of contracts can be awarded when acquiring commercial items of supply? Correct Answer: Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment

When using invitations for bids (IFBs), what type(s) of contracts can be awarded? Correct Answer: Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment Which of the following is correct regarding the DFARS Procedures Guidance and Information (PGI)? Correct Answer: The DFARS PGI is a companion resource to the DFARS Which of the following statements is accurate regarding the Government's policy on contract modifications? Correct Answer: Only contracting officers acting within the scope of their authority are authorized to execute contract modifications on behalf of the Government Which of the following is accurate about unilateral modifications? Correct Answer: Are only signed by a Government contracting officer, not the contractor Except when authorized otherwise, a Government contract: Correct Answer: Must be in writing Which is NOT a type of contracting officer? Correct Answer: Executive contracting officer

Which of the following statements best conveys the convention at FAR 1.108(b), delegation of authority? Correct Answer: Each authority is delegable unless specifically stated otherwise How many parts are there in the FAR? Correct Answer: 53 What is a Procurement Instrument Identifier (PIID)? Correct Answer: A unique number identifying each solicitation, contract, agreement, or order and related procurement instrument The DoD Procurement Instrument Identifier (PIID) is 13 positions long. Position 9 identifies the type of instrument. If position 9 is a "D", which of the following types of instruments is representative? Correct Answer: Indefinite-delivery contracts to include IDIQs and requirements contracts You are reviewing a contract that utilizes the uniform contract format. In Section J you see an exhibit. How will the exhibit be displayed? Correct Answer: With one or two alpha characters (e.g., Exhibit AA)

Your customer comes to you anticipating a new requirement, one that has not been purchased recently. You'd like to refer them to the FAR part dealing specifically with market research. Which FAR part do you refer them to? Correct Answer: FAR part 10 Of the following types of contracts, which shall not be used in Government contracting? Correct Answer: Cost-plus-a-percentage-of-cost When can a time-and-materials (T&M) contract be used? Correct Answer: A T&M contract may be used only when it is not possible at the time of placing the contract to estimate accurately the extent or duration of the work or to anticipate costs What underlying principle should the contracting officer follow to avoid organizational conflicts of interest? Correct Answer: Prevent unfair competitive advantage Terms that address specific types of exchanges with offerors after receipt of proposals include: Correct Answer: Communications, discussions, and clarifications

Which term means the total cost to the Government of acquiring, operating, supporting, and (if applicable) disposing of the items being acquired? Correct Answer: Life-cycle costs Which of the following reflects market research policy? Market research: Correct Answer: Aids in determining if sources capable of satisfying the agency's requirements exist Which section of the uniform contract format (UCF) exists to include negotiated, meaningful special contract requirements that are not included in Section I, Contract clauses, or in other sections of the UCF? Correct Answer: Section H Who is the individual designated and authorized in writing by the contracting officer to perform specific technical or administrative functions? Correct Answer: Contracting officer's representative Which of the following statements is accurate regarding Acquisition Teams? Correct Answer: The Acquisition Team includes representatives of the technical, supply, and procurement communities, the customers they serve, and the contractors who provide the products and services. Select the statement that is NOT conducive toward forming a cohesive team

Correct Answer: The Government should foster an "arm's length" approach for an effective relationship The authority of a contracting officer's representative (COR) shall be: Correct Answer: Designated in writing, with a copy given to the contractor and contract administration office Which event is meant to aid both the Government and contractor personnel to 1) achieve a clear and mutual understanding of all contract requirements, and (2) identify and resolve potential problems after contract award? Correct Answer: Postaward orientation conference Where in the FAR can you find guidance on how to establish, maintain, and dispose of Government contract files? Correct Answer: FAR part 4 In a Determination and Findings, the findings are Correct Answer: Support for the determination In briefing prenegotiation objectives for approval, contracting officers should ensure their briefing slides are: Correct Answer: Simple and concise

Which of the following is an exception to obtaining certified cost or pricing data? Correct Answer: Adequate price competition See FAR 15.403-1(b) The contracting officer shall take which of the following actions to encourage small business participation in acquisitions? Correct Answer: Divide acquisitions into reasonably small lots to permit offers on quantities less than the total requirement. Government contract types are grouped into two broad categories: fixed-price contracts and: Correct Answer: Cost-reimbursement contracts See FAR 16.101(b) Incentive contracts are designed to obtain specific acquisition objectives by: Correct Answer: Motivating contractor efforts that might not otherwise be emphasized See FAR 16.401(a) Agencies shall conduct market research: Correct Answer: Appropriate to the circumstances

To the maximum extent practicable, acquisition officials shall state requirements of supplies or services in terms of functions to be performed, performance required, or: Correct Answer: Essential physical characteristics FAR 11.002(a)(2) When using FAR part 12 procedures, the technical evaluation would normally include examination of such things as product literature, product samples (if requested), technical features, and: Correct Answer: Warranty provisions Provisions and clauses should be incorporated by reference in solicitations and contracts: Correct Answer: To the maximum practical extent, rather than being incorporated in full text Which offerors receive an amendment on a solicitation that has yet to close? Correct Answer: All parties receiving the solicitation The purpose of exchanging information with industry before receipt of proposals is to: Correct Answer: Improve the understanding of Government requirements and industry capabilities See FAR 15.201(b)

One day after publicizing and releasing a solicitation, the contracting officer realizes that the contract line items need to be reorganized. The contracting officer must: Correct Answer: Amend the solicitation, changing the contract line items See FAR 15. Which FAR part is the best source of information regarding competition requirements? Correct Answer: FAR part 6 See FAR 6. You have determined that FAR part 12 applies to your commercial item requirement. Which of the following contract types is appropriate when using FAR part 12 procedures? Correct Answer: Firm-fixed-price See FAR 12. You are a DoD contracting officer and have determined the use of simplified acquisition procedures under FAR part 13 is appropriate for your customer's non-commercial requirement. Given only this information, which award form is most appropriate? Correct Answer: DD Form 1155, Order for Supplies or Services You're administering a large dollar non-commercial weapons contract. The contracting officer asks to see the Contract Data Requirements List (CDRL) in Exhibit B. Which uniform contract format (UCF) section in your contract would you refer to?

Correct Answer: Section J Which of the following is specifically set up to help firms view current Government business opportunities? Correct Answer: The Governmentwide Point of Entry (GPE) See FAR 2.101, definition of "Government point of entry" In evaluating a solicitation, which section of the uniform contract format (UCF) would contain information to the offeror regarding the evaluation factors and subfactors the Government will use to evaluate the offeror's proposal? Correct Answer: Section M You are a proposal manager for a large defense contractor, leading your company's effort to win a contract. In order to determine the page limit for your proposal, which section in the request for proposal should you review? Correct Answer: Section L - Instructions, conditions, and notices to offerors or respondents See FAR 15.204- 1 A contractor is developing their pricing strategy in a competitive environment. Knowing the required effort will result in follow-on contracts, the contractor submits an offer below anticipated costs with the plan to recover any losses by increasing the price on follow- on efforts. This pricing strategy is referred to as:

What is the objective of a source selection? Correct Answer: To select the proposal that represents the best value See FAR 15. Which contract type shifts cost risk from the Government to the contractor? Correct Answer: Fixed-price See FAR 16.104(d) Which of the following best describes the purpose of proposal analysis? Correct Answer: To ensure the price is fair and reasonable Which type of solicitation may require the submission of certified cost or pricing data? Correct Answer: Request for proposals A contracting officer has the broadest discretion in fashioning suitable evaluation procedures when considering: Correct Answer: Quotations Which acquisition situation would warrant an exception to the requirement for certified cost or pricing data? Correct Answer: Commercial item acquisition

A proposal submission time and date of 2 p.m. on February 3, 2020, appeared on the cover page of a Government solicitation. Based on the information provided at FAR 52.215-1, Instructions to Offerors - Competitive Acquisitions, which of the following proposals is late? Correct Answer: The contractor provided its proposal at 2:15 p.m. on February 3,

See FAR 52.215-1(c)(3) When a contractor submits a Certificate of Current Cost or Pricing data, it is certifying that: Correct Answer: The data submitted in support of a negotiations are current, accurate, and complete. See FAR 15.406- 2 Which of the following are limited exchanges between the Government and offerors that may occur when award without discussions is contemplated? Correct Answer: Clarifications See FAR 15.306(a) Negotiating positions should be developed through which of the following? Correct Answer: Price or cost analysis

In a competitive source selection, does the FAR require you to have the exact same "discussions" with each offeror in the competitive range? Correct Answer: No, discussions are tailored to each offeror's proposal. When holding discussions with offerors in a source selection, all the following must be discussed EXCEPT: Correct Answer: Price Select the order for the proposal evaluation process. Correct Answer: Evaluate initial proposals, determine the competitive range, negotiate, request final proposal revisions, award the contract See FAR subpart 15. Select the action performed early in the acquisition cycle versus at or near contract award. Correct Answer: The acquisition plan is drafted and approved according to agency policy. See FAR 7.104(a) Acme Company did not make the competitive range in a source selection. When the contracting officer asks for final proposal revisions, the contracting officer: Correct Answer: Will not contact Acme Company since it is no longer in the competition

Which of the following is correct regarding use of the tradeoff source selection process? Correct Answer: Evaluation factors that will affect contract award must be stated in the solicitation. See FAR 15.101- 1 Which of the following is correct regarding the preaward debriefing of offerors excluded from the competitive range? Correct Answer: The offeror must request the debriefing by written request to the contracting officer within 3 days after receipt of the notice of exclusion from the competition. See FAR 15. The Government has a requirement for computer equipment. The program office indicates that its users will have no need for performance capabilities beyond the minimum technical specifications stated in the purchase request. Which source selection process would be most appropriate in this situation? Correct Answer: Lowest price technically acceptable See FAR 15. What is the preferred method to make a purchase at or below the micro-purchase threshold? Correct Answer: Governmentwide commercial purchase card