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ACQ1010 MODULE 6 QUESTIONS WITH CORRECT ANSWERS

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ACQ1010 MODULE 6 QUESTIONS WITH CORRECT ANSWERS

Institution
ACQ1010
Course
ACQ1010

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The KO is the only person authorized to obligate the Government by awarding a
contract and making any subsequent contract modifications. There are two types of
modifications, bilateral modifications and unilateral modifications.


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Contract Modifications




Compare each offeror's proposal to the RFP requirements using the RFP's prioritized
evaluation factors, compare all proposals, in some cases, against each other,
Determine if the price is fair and reasonable, and Select the best value source for
contract award.


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, Formal Source Selection Process




In this phase of the contracting process, the CO/KO establishes a binding contract
with the offeror who has been determined to provide the best value to the
Government.


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Contracting (Award)




Identifying contract type is important and there are three main types, fixed-price
contracts, cost-reimbursement contracts, and other contract types.


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Identify the Contract Type




In this phase of the contracting process, all offers are evaluated against the factors
set forth in the solicitation. This analysis may include identifying strengths, weaknesses,
and deficiencies, and providing a sound basis for an award decision.


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Contracting (Evaluation)

, In this phase of the contracting process, the solicitation communicates the capability
needs to industry. The solicitation is to accurately describe requirements so that all
qualified offerors are given the opportunity to respond.


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Contracting (Solicitation)




Contract characterized by the following: Low cost risk to the government, well-
defined requirement, guaranteed delivery by the contractor, payment after delivery
by the contractor, payment after delivery or performance (progress payments may be
made), profit based on efficient performance and cost control, an IFP or RFP
solicitation may be used.


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Fixed-price Contracts




1. The process begins with KO issuing the RFP
2. The SSEB uses the evaluation factors and criteria listed in the RFP to individually
evaluate each proposal.
3. The SSAC uses the SSEB results to make a comparative analysis of all proposals
(when required).
4. The SSAC makes a recommendation to the SSA for an award.
5. The SSA decision is relayed to the KO, who signs the contract


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Institution
ACQ1010
Course
ACQ1010

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