2026 QUESTIONS WITH ANSWERS
GRADED A+
◍ Each authority is NOT delegable unless specifically stated otherwise.
Answer: False
◍ The contracting lifecycle consists of three phases:.
Answer: Preaward, award, & postaward
◍ The preaward phase involves:.
Answer: All the work performed by both the buyer (Government or prime
contractor) and seller (contractor or subcontractor in communicating the
buyer's requirements and providing a solution to those requirements.
◍ Typically start befor the contracting process:.
Answer: Requirements definition, budgeting/funding process, and
acquisition planning.
◍ Which of the following are essential elements of a contract (select all that
apply)?.
Answer: Capacity, Mutual Asscent, and Lawful Purpose
◍ A contract is defined as a mutually binding legal relationship obligating the
seller to furnish the supplies or services (including construction) and the
buyer to pay for them..
Answer: True
◍ Capacity is when each party either makes a promise or begins to render
performance..
Answer: False
◍ Preaward phase consists of two primary activities:.
, Answer: Develop solicitation (Government) and develop offer (Contractor).
◍ In planning the solicitation, the buying activity must:.
Answer: Assess the need, analyze the requirement, ensure contract outcomes
will be measurable and properly incentivized, and verify the availability of
funds.
◍ What two FAR parts are key resources in developing the solicitation?.
Answer: FAR Part 7 Acquisition Planning; FAR Part 11 Describing Agency
Needs
◍ Buying activities must conduct ___ to identify potential suppliers, evaluate
if the requirement is achievable, and perform any pre-offer conferences or
communication..
Answer: Market Research
◍ What FAR part is a key resource for conducting Market Research?.
Answer: FAR Part 10 Market Research
◍ Market research can be__________.
Answer: Strategic and Tactical
◍ How do buying activities analyze risk?.
Answer: Performing make or buy decisions; conducting a supply or services
determination; and understanding the required schedule or needs of the
customer including the need for property (including intellectual property).
◍ The extent of market research will vary, depending on such factors as
urgency, estimated dollar value, complexity, and past experience..
Answer: True
◍ What FAR/DFARS resources can assist in analyzing risks?.
Answer: FAR 15.407-2 Make-or-Buy Programs; FAR Subpart 11.4 Delivery
or Performance Schedules; FAR Part 45 Government Property; DFARS Part
227 Patents, Data, & Copyrights.
◍ Generally, unless an exception applies or is otherwise expressly authorized
by statute, Contracting Officers shall promote and provide for full and open
, competition in soliciting offers and awarding Government contracts..
Answer: True
◍ What is the use of a procedure that is inconsistent with the FAR?.
Answer: Deviation (See FAR 1.401(a))
◍ Simplified Acquisition Procedures should.
Answer: Promote competition to the maximum extent practicable
◍ Primary FAR resource for information about contract types:.
Answer: FAR Part 16 Types of Contracts
◍ What type(s) of contracts can be awarded when acquiring commercial
products.
Answer: Only firm fixed price contracts or firm fixed with economic prices
adjustment
◍ Which FAR Part addresses publicizing contract actions?.
Answer: FAR Part 5
◍ What is the second phase of the contract lifecycle?.
Answer: Contract Award
◍ Which is NOT a type of contracting officer.
Answer: Executive contracting officer (See FAR 2.101)
◍ What is the one activity in the award phase?.
Answer: Form contract
◍ When it receives offers, the buying activity (Government) must:.
Answer: Analyze proposals in terms of risk, review for price reasonableness,
and document results of the analysis.
◍ With respect to the requirements law, executive orders , regulations and all
other applicable procedures prior to signing acontract a KO must:.
Answer: Ensure each has been met
◍ A PM asked Bob if a contract clause is only used in the contract or if it
applies to the solicitation also. Bob answered correctly by replying:.
, Answer: A contract clause is a term or condition used in contracts, or in both
solicitation and contract that applies after contract award or both before and
after contract award
◍ Which of the following statements best conveys the convention of FAR
1.108(b), delegation of authority.
Answer: Each authority is delegable unless specifically stated otherwise
◍ FAR Part ___, ___ ___ gives guidance that can be generalized for contract
methods beyond those covered by the rest of FAR Part 15..
Answer: 15.404, Proposal Analysis
◍ The authority of a contracting officer representative COR shall be.
Answer: Designated in writing with a copy given to the contractor and the
contract administrative office
◍ Which of the following statements is accurate regarding the acquisition
Teams.
Answer: It's includes reps of the technical, supply, their customers and the
contractors who provide the supplies or services
◍ To plan for negotiations, the buying activity may ask for ___ from offerors
and then develop ___ ___..
Answer: Clarification, negotiation objectives.
◍ In all cases, ___ must explain the process that arrived at an offeror being
awarded a contract..
Answer: Documentation
◍ What FAR/DFARS Parts discuss the protest processes?.
Answer: FAR Subpart 33.1; DFARS Subpart 233.1.
◍ The third contract lifecycle phase is ___..
Answer: Postaward
◍ The postaward phase involves:.
Answer: All the work performed by both the buyer and seller during
contract performance, to include changes to the contract, contract closeout,