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CON 2370 Exam Questions with Solutions Newest | Already Graded A+

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CON 2370 Exam Questions with Solutions Newest | Already Graded A+ You are the contracting officer for a services contract that contains options. You send the preliminary notice of your intent to extend the contract five days after the deadline outlined in the options clause. Which one of the following statements is correct? - Answer- WRONG You no longer have the right to exercise the option using a unilateral modification. Which one of the following statements about solicitations using SAP is correct? - Answer- The basis on which award will be made must be stated Which one of the following mandatory Government sources is the first priority for satisfying a requirement for services? - Answer- inventories of the requiring agencies You just made a purchase in the amount of 22,300. You solicitated quotations orally from four local sources. Which of the following statements is correct regarding providing notice to the unsuccessful suppliers? - Answer- notice to unsuccessful suppliers will only be given if requested You have just been informed that a purchase order you recently awarded for commercial services is no longer needed and must be cancelled. The order was accepted in writing by the contractor. Which one of the following statements is true? - Answer- The purchase order is considered cancelled if the contractor accepts the Government's written cancellation and does not claim costs were incurred. You are the contracting officer for a noncommercial supply contract valued at $155,600. Which one of the following actions would be executed using a bilateral modification - Answer- Making a negotiated equitable adjustment You have a requirement for a one-time purchase with an estimated value of $180,700. You are not required to synopsize this contract action. Which one of the following describes the competition requirement for this acquisition? - Answer- Quotes must be solicited from at least three sources You have a requirement for repair parts to support routine maintenance services at the shop on your base. The parts are sold to the general public and are used for nongovernmental purposes. The estimated dollar value of the acquisition is $625,000.Which one of the following statements is true? - Answer- The use of simplified acquisition procedures is authorized Which one of the following market research results would NOT support a commercial item determination? - Answer- The part sold to the general public needs' extensive modifications not customarily available in the commercial marketplace. You have a requirement for help desk support with an estimated value of $450,000. Market research shows there are numerous potential offerors that are competitive in terms of market prices, quality, and delivery. The list of potential offerors includes 6 small businesses and 4 large businesses.Which one of the following statements is correct? - Answer- The entire acquisition must be set aside exclusively for small business You are the buyer for a construction requirement with an estimated value of $75,000. A notice of the proposed contract action is required.Which one of the following solicitation methods must be used? - Answer- Written Solicitation You are the contracting officer for a construction requirement with an estimated value of $20,600. Access to the written solicitation will not be provided in the GPE, and none of the exceptions in FAR 5.202 apply.Which one of the following correctly describes the requirement for publicizing this proposed contract action? - Answer- notice of the solicitation, or a copy of the solicitation, must be posted in a public place Which one of the following is NOT correct regarding documenting the award of a buy using SAP? - Answer- Records of oral price quotations must be established to clearly reflect the appropriateness of the award decision. You are the contracting officer for a firm-fixed-price purchase order for commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the Government was submitted five days late. You investigate and verify that the report was submitted late.Which one of the following statements regarding the nonconforming performance is FALSE? - Answer- The government must pay for the reperformance of the nonconforming service because the report was accepted. You are the contracting officer for a firm-fixed-price supply contract valued at $195,400.Which one of the following statements about contract closeout is correct? - Answer- WRONG The contract is considered closed once you receive evidence of receipt of property and final payment Which one of the following statements about the evaluation of quotations or offers using SAP is true? - Answer- Quotations or offers must be evaluated using the basis stated in the solicitation. Three quotes were received in response to your solicitation for training services. Evaluation was based on a tradeoff between price and past performance. The assigned past performance ratings and quoted prices were as follows:Vendor A - Unacceptable, $216,150;Vendor B - Acceptable, $248,500; andVendor C - Outstanding, $237,200.Which one of the following statements about the award decision is correct? - Answer- Vendor C is the apparent and price reasonableness would be based on competition You are reviewing the requirements package for the purchase of lab equipment for a health clinic that does not exceed the SAT. It must be compatible with the equipment currently being used at the clinic. This is essential in meeting the agency's needs. Market research identified only one manufacturer able to meet the requirement for compatible equipment.Which one of the following is correct regarding the policies for describing your agency's needs? - Answer- WRONG The basis for not providing for maximum competition must be documented in the contract file. You have a requirement for a new contract for grounds maintenance at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations.Consistent with the order of precedence for requirements documents, which one of thefollowing documents would be included in the new contract? - Answer- PWS Which one of the following would result in the establishment of a contract? - Answer- Supplier's written acceptance of an order You have a one-time requirement for a purchase of noncommercial supplies with an estimated value of $235,000. The supplies are not immediately available.Which one of the following simplified acquisition methods would be the most appropriate to use? - Answer- WRONG Purchase Order Which one of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? - Answer- he purpose of SAP is to improve opportunities for small businesses to obtain a fair portion of Government contracts You are the contracting officer for a requirement for commercial services with an estimated value of $780,000. Four quotations were received in response to the solicitation and market pricing is available.Which one of the following statements about the price reasonableness determination is most appropriate? - Answer- Market research must be conducted or obtained to support the fair and reasonable determination. Which one of the following is NOT one of the first steps taken when quotations are received in response to a solicitation using SAP? - Answer- reviewing the quotation for responsibility

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Institution
CON 2370
Course
CON 2370

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CON 2370 Exam Questions with
Solutions Newest | Already Graded A+
You are the contracting officer for a services contract that contains options. You send
the preliminary notice of your intent to extend the contract five days after the deadline
outlined in the options clause. Which one of the following statements is correct? -
Answer- WRONG

You no longer have the right to exercise the option using a unilateral modification.

Which one of the following statements about solicitations using SAP is correct? -
Answer- The basis on which award will be made must be stated

Which one of the following mandatory Government sources is the first priority for
satisfying a requirement for services? - Answer- inventories of the requiring agencies

You just made a purchase in the amount of 22,300. You solicitated quotations orally
from four local sources. Which of the following statements is correct regarding providing
notice to the unsuccessful suppliers? - Answer- notice to unsuccessful suppliers will
only be given if requested

You have just been informed that a purchase order you recently awarded for
commercial services is no longer needed and must be cancelled. The order was
accepted in writing by the contractor. Which one of the following statements is true? -
Answer- The purchase order is considered cancelled if the contractor accepts the
Government's written cancellation and does not claim costs were incurred.

You are the contracting officer for a noncommercial supply contract valued at $155,600.
Which one of the following actions would be executed using a bilateral modification -
Answer- Making a negotiated equitable adjustment

You have a requirement for a one-time purchase with an estimated value of $180,700.
You are not required to synopsize this contract action. Which one of the following
describes the competition requirement for this acquisition? - Answer- Quotes must be
solicited from at least three sources

You have a requirement for repair parts to support routine maintenance services at the
shop on your base. The parts are sold to the general public and are used for
nongovernmental purposes. The estimated dollar value of the acquisition is
$625,000.Which one of the following statements is true? - Answer- The use of simplified
acquisition procedures is authorized

, Which one of the following market research results would NOT support a commercial
item determination? - Answer- The part sold to the general public needs' extensive
modifications not customarily available in the commercial marketplace.

You have a requirement for help desk support with an estimated value of $450,000.
Market research shows there are numerous potential offerors that are competitive in
terms of market prices, quality, and delivery. The list of potential offerors includes 6
small businesses and 4 large businesses.Which one of the following statements is
correct? - Answer- The entire acquisition must be set aside exclusively for small
business

You are the buyer for a construction requirement with an estimated value of $75,000. A
notice of the proposed contract action is required.Which one of the following solicitation
methods must be used? - Answer- Written Solicitation

You are the contracting officer for a construction requirement with an estimated value of
$20,600. Access to the written solicitation will not be provided in the GPE, and none of
the exceptions in FAR 5.202 apply.Which one of the following correctly describes the
requirement for publicizing this proposed contract action? - Answer- notice of the
solicitation, or a copy of the solicitation, must be posted in a public place

Which one of the following is NOT correct regarding documenting the award of a buy
using SAP? - Answer- Records of oral price quotations must be established to clearly
reflect the appropriateness of the award decision.

You are the contracting officer for a firm-fixed-price purchase order for commercial
services with a value of $1,425,000. Your customer has notified you that one of the
contractually required reports accepted by the Government was submitted five days
late. You investigate and verify that the report was submitted late.Which one of the
following statements regarding the nonconforming performance is FALSE? - Answer-
The government must pay for the reperformance of the nonconforming service because
the report was accepted.

You are the contracting officer for a firm-fixed-price supply contract valued at
$195,400.Which one of the following statements about contract closeout is correct? -
Answer- WRONG

The contract is considered closed once you receive evidence of receipt of property and
final payment

Which one of the following statements about the evaluation of quotations or offers using
SAP is true? - Answer- Quotations or offers must be evaluated using the basis stated in
the solicitation.

Three quotes were received in response to your solicitation for training services.
Evaluation was based on a tradeoff between price and past performance. The assigned

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CON 2370

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