FAC-C QUESTIONS - SKILLS AND ROLES 1.1
QUESTIONS WITH VERIFIED ANSWERS
The contracting process consists of three Contract Life Cycle Phases? - Answers - Pre-
award, Award, and Post-award
The pre-award phase consists of two primary activities? - Answers - Develop
Solicitation, Develop Offer
In planning the solicitation, the buying activity must assess the need and analyze the
requirement as well as make sure that contract outcomes will be measurable and
properly incentivized. The buying activity must also verify the availability of funds? -
Answers - FAR part 7, Acquisition Planning, and FAR part 11, Describing Agency
Needs, are key resources
Buying activities must also conduct market research to identify potential suppliers,
evaluate if the requirement is achievable, and perform any pre-offer conferences or
communication. - Answers - FAR part 10, Market Research, is a key resource and is
required by law
Market Research is a continuous process throughout all phases of? - Answers - the
contract life cycle
Before finalizing the solicitation, the contracts manager will participate in choosing a
contract type and contracting method, help determine applicable regulations, and assist
in building an evaluation strategy for offers? - Answers - FAR part 16 is the primary
source for information about contract types.
To issue the solicitation, the buying activity must determine the need and means of
publicizing the solicitation so that offerors are aware of the potential business
opportunity? - Answers - FAR part 5 addresses publicizing contract actions.
In response to a solicitation, the seller will submit an offer? - Answers - The offer must
align with the offeror's overall sales plan and be within the offeror's overall risk strategy
When it receives offers, the buying activity (Government) must analyze proposals in
terms of risk, review for price reasonableness, and document results of the analysis? -
Answers - FAR 15.404, Proposal Analysis, gives guidance that can be generalized for
contract methods beyond those covered by FAR part 15.
Based on this analysis, to plan for negotiations the buying activity may ask for
clarification from offerors and then develop negotiation objectives. The offeror will
respond to the requests for clarification and prepare for negotiations as well? - Answers
QUESTIONS WITH VERIFIED ANSWERS
The contracting process consists of three Contract Life Cycle Phases? - Answers - Pre-
award, Award, and Post-award
The pre-award phase consists of two primary activities? - Answers - Develop
Solicitation, Develop Offer
In planning the solicitation, the buying activity must assess the need and analyze the
requirement as well as make sure that contract outcomes will be measurable and
properly incentivized. The buying activity must also verify the availability of funds? -
Answers - FAR part 7, Acquisition Planning, and FAR part 11, Describing Agency
Needs, are key resources
Buying activities must also conduct market research to identify potential suppliers,
evaluate if the requirement is achievable, and perform any pre-offer conferences or
communication. - Answers - FAR part 10, Market Research, is a key resource and is
required by law
Market Research is a continuous process throughout all phases of? - Answers - the
contract life cycle
Before finalizing the solicitation, the contracts manager will participate in choosing a
contract type and contracting method, help determine applicable regulations, and assist
in building an evaluation strategy for offers? - Answers - FAR part 16 is the primary
source for information about contract types.
To issue the solicitation, the buying activity must determine the need and means of
publicizing the solicitation so that offerors are aware of the potential business
opportunity? - Answers - FAR part 5 addresses publicizing contract actions.
In response to a solicitation, the seller will submit an offer? - Answers - The offer must
align with the offeror's overall sales plan and be within the offeror's overall risk strategy
When it receives offers, the buying activity (Government) must analyze proposals in
terms of risk, review for price reasonableness, and document results of the analysis? -
Answers - FAR 15.404, Proposal Analysis, gives guidance that can be generalized for
contract methods beyond those covered by FAR part 15.
Based on this analysis, to plan for negotiations the buying activity may ask for
clarification from offerors and then develop negotiation objectives. The offeror will
respond to the requests for clarification and prepare for negotiations as well? - Answers
