CON 3990V – Federal Contracting Certification
2025/2026 Complete Exam Prep Bundle |
Study Guide, Real Exam Questions &
Answers, FAR Parts Review, and Acquisition
Planning Reference Comprehensive Federal
Acquisition Regulation (FAR) study bundle
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Question 1
What is the primary purpose of the Federal Acquisition
Regulation (FAR)?
A. To provide guidance on personnel management
B. To standardize the procurement process across federal
agencies
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C. To manage federal employee benefits
D. To set environmental regulations
Correct Answer: B
Rationale: The FAR provides uniform policies and procedures for
federal procurement to ensure consistency and compliance across
all executive agencies. It is the primary regulation for all federal
acquisitions.
Scenario: A contracting officer at the Department of the Navy
and a contracting officer at the Department of the Interior both
follow the same FAR rules when buying office supplies, ensuring
consistency across the government.
Question 2
FAR Part 6 addresses which of the following?
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A. Acquisition Planning
B. Competition Requirements
C. Contract Financing
D. Contract Administration
Correct Answer: B
Rationale: FAR Part 6 governs “Competition Requirements,”
outlining procedures for full and open competition in federal
acquisitions.
Scenario: A contracting officer is preparing a solicitation and
needs to determine whether to use full and open competition or
an exception. They refer to FAR Part 6 for the rules and
allowable exceptions.
Question 3
FAR Part 15 covers which of the following acquisition methods?
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A. Simplified Acquisition Procedures
B. Sealed Bidding
C. Contracting by Negotiation
D. Acquisition of Commercial Items
Correct Answer: C
Rationale: FAR Part 15 addresses “Contracting by Negotiation,”
including source selection processes, proposal evaluation, and
best-value determinations.
Scenario: A contracting officer is conducting a competitive
acquisition for a complex IT system and uses negotiated
procedures under FAR Part 15.
Question 4
Which FAR part prescribes policies for acquiring commercial
products and services?