QUESTIONS WITH ANSWERS GRADED A+
◉ Which of the following are key, recommended resources for
subcontracting compliance management? (Select three that apply).
Answer: DFARS, SBA, DCMA
◉ Which of the following are key, recommended resources for
subcontracting compliance management? (Select two that apply).
Answer: OSBP, SBA
◉ Which of the following are pre-award considerations that impact post-
award subcontracting compliance management? (Select three that
apply). Answer: Will advance notification and consent to subcontract be
required? Will the contract include government property? Will the
contract be set aside for one of the small business socioeconomic
categories?
◉ A $2 million contract for general construction has been set aside for
HUBZone small businesses. Which of the following are subcontracts
that comply with the limitations on subcontracting for small businesses?
(Select three that apply). Answer: $1.6 million subcontract with another
OTSB, assuming no other subcontracts will be awarded. $1.5 million
subcontract with a WOSB, assuming no other subcontracts will be
, awarded. $1 million first-tier subcontract with a HUBZone small
business, assuming no other subcontracts will be awarded.
◉ Which of the following contracts is required to submit a small
business subcontracting plan? Each contract has subcontracting
possibilities.. Answer: $1 million services contract awarded to another
than small business.
◉ Which of the following statements is accurate? Answer: Other than
small businesses must comply with small business participation
requirements.
◉ Which is an accurate statement about the DoD Mentor-Protégé
Program? Answer: The desired outcome of the program is for the
protégé to realize greater opportunities...
◉ On a contract that includes certified cost or pricing data, a DCAA
audit confirm that one of the subcontractor submitted... ($2 million)
What recourse does the government have? Answer: Change the prime
contract to $4 million, plus interest, compounded daily, until the
overpayment is repaid
◉ A $70 million contract has been awarded by the U.S. Navy to DIVE,
Inc., to retrofit a... Which of the following are the prime contractors
responsibilities related to mandatory flow-down clauses? (Select three
that apply). Answer: The prime contractor needs to monitor each