It is the Government's pricing policy to purchase supplies and services at fair and reasonable
prices from: correct answers Responsible sources. FAR 15.402
What are the two types of negotiated acquisitions? correct answers Sole source and competitive.
FAR 15.002
What is the objective of a source selection? correct answers To select the proposal that represents
the best value. FAR 15.302
Which contract type shifts cost risk from the Government to the contractor? correct answers
Fixed-price. FAR 16.104(d)
Which of the following best describes the purpose of proposal analysis? correct answers To
ensure the price is fair and reasonable. FAR 15.404-1
Which type of solicitation may require the submission of certified cost or pricing data? correct
answers Request for proposals. FAR 15.203 & 15.402
A contracting officer has the broadest discretion in fashioning suitable evaluation procedures
when considering: correct answers Quotations. FAR 13.106
Which acquisition situation would warrant an exception to the requirement for certified cost or
pricing data? correct answers Commercial item acquisition. FAR 15.403
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 answers
The contractor provided its proposal at 2:15 p.m. on February 3, 2020.. FAR 52.215-1(c)(3)
When a contractor submits a Certificate of Current Cost or Pricing data, it is certifying that:
correct answers The data submitted in support of a negotiations are current, accurate, and
complete. 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 answers Clarifications. FAR
15.306(a)
Negotiating positions should be developed through which of the following? correct answers
Price or cost analysis. FAR 15.405(a)
Which of the following documents would the contracting officer use to document the purpose,
description, and outcome of negotiations? correct answers Price Negotiation Memorandum. FAR
15.406-3(a)