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CON 3990V Certification Exam 2025/2026 | Actual Questions & Verified Answers | Federal Acquisition & Contracting Study Guide

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This comprehensive study guide for the CON 3990V Certification Exam provides accurate, verified answers for all phases of the acquisition lifecycle. It covers critical topics such as Market Research across all phases, the use of Simplified Acquisition Procedures (SAP) to promote competition, and the application of the Federal Acquisition Regulation (FAR). The materials include detailed explanations of the DoD Procurement Instrument Identifier (PIID), which is 13 positions long, and the specific codes used to identify instrument types like indefinite-delivery contracts. Learn essential details on contract types, including Firm-Fixed-Price (FFP) and Fixed-Price with Economic Price Adjustment (FPEPA), which are required when acquiring commercial items. The guide also explains the Weighted Guidelines Method (DD Form 1547) used by the DoD to apply structured profit or fee. You will find high-yield information on Justification and Approval (J&A) for sole-source contracts, including the $25M threshold and signature authorities. Additionally, it explores legal and ethical standards such as the Anti-Kickback Act, Organizational Conflicts of Interest (OCI), and the Bona Fide Needs Rule.

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CON 3990V CERTIFICATION EXAM 2025/2026
COMPLETE ACCURATE EXAM ACTUAL
QUESTIONS AND CORRECT VERIFIED
ANSWERS (DETAILED ANSWERS).




Market research is conducted during which phase of acquisition? -
ANSWER-All phases of the acquisition

What is the use of a procedure that is inconsistent with the FAR? -
ANSWER-Deviation

Simplified Acquisition Procedures (SAP) should? - ANSWER-Promote
competition to the maximum extent practicable

What is the tool (form) used by DoD to apply a structured profit/fee? -
ANSWER-DD Form 1547, Weighted Guidelines Method

What type(s) of contracts can be awarded when acquiring commercial
items of supply? - 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? - 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)? - ANSWER-The DFARS PGI is a
companion resource to the DFARS

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Which of the following statements is accurate regarding the
Government's policy on contract modifications? - 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? -
ANSWER-Are only signed by a Government contracting officer, not the
contractor

Except when authorized otherwise, a Government contract? -
ANSWER-Must be in writing

Which is NOT a type of contracting officer? - ANSWER-Executive
contracting officer

With respect to the requirements of law, executive orders, regulations,
and all other applicable procedures, prior to signing a contract, a
contracting officer must? - ANSWER-Ensure that each has been met

Joan stated that she was working on selecting solicitation provisions.
With this in mind, you know the contract? - ANSWER-Has not been
awarded

A program manager asked John whether a contract clause is only used in
the contract or if it applies to the solicitation as well. John correctly
answered by replying with which of the following statements? -
ANSWER-A contract clause is a term or condition used in contracts, or
in both solicitations and contracts, that applies after contract award or
both before and after award

A contractor failed to deliver a commercial item within the time
specified by the contract. As the Government contracting officer, you
plan to terminate the contract. What type of termination would you
proceed with? - ANSWER-Termination for Cause

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Which FAR part sets forth the basic policies and general information
about the Federal Acquisition Regulations System? - ANSWER-FAR
part 1

Which of the following statements best conveys the convention at FAR
1.108(b), delegation of authority? - ANSWER-Each authority is
delegable unless specifically stated otherwise

How many parts are there in the FAR? - ANSWER-53

What is a Procurement Instrument Identifier (PIID)? - 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? - 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? -
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? - ANSWER-FAR part 10

Of the following types of contracts, which shall not be used in
Government contracting? - ANSWER-Cost-plus-a-percentage-of-cost

When can a time-and-materials (T&M) contract be used? - ANSWER-A
T&M contract may be used only when it is not possible at the time of

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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? - ANSWER-Prevent unfair
competitive advantage

Terms that address specific types of exchanges with offerors after
receipt of proposals include? - ANSWER-Communications, discussions,
and clarifications

With limited exceptions as authorized by agency regulations, what does
the FAR say about Government employees soliciting and accepting gifts
from contractors? Government employees? - ANSWER-May not solicit
or accept gifts

What is the general guidance provided by the FAR for contractor bid or
proposal information? - ANSWER-It may not be disclosed to anyone
unless they are authorized to receive it

With few exceptions, which one of the following statements is true
regarding awarding contracts to U.S. Government employees? -
ANSWER-A contracting officer shall not knowingly award a contract to
a Government employee

Which of the following would represent, or potentially represent, an
organizational conflict of interest (OCI)? - ANSWER-An engineering
support contractor (contractor A) is hired to assist in the development of
Government specifications for a new requirement. Contractor A writes
the specifications in such a way as to require the Government's use of
contractor A's proprietary processes even though there are other
solutions.

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