---
CON 1400V Exam (Latest 2024/ 2025
Update) Questions and Verified Answers-
with rationales100% Correct- Grade
A.
**Q1. Which of the following is a key element of a contract
administration plan?**
A) A listing of contract terms and conditions related to administration
B) Contractor performance milestones
C) Names, positions, authorities, and limitations of authority for
contract administration team members
D) All of the above
**Correct Answer: D**
**Rationale:** A comprehensive contract administration plan includes
administrative terms, performance milestones, and a clear definition of
team roles and authorities to ensure effective contract oversight.
**Q2. The first task in the contract administration process is to:**
A) Debrief all offerors not selected for award
,B) Develop a contract administration plan
C) Review the contract file to identify critical contract requirements and
clauses
D) Request that the contractor sign a release of claims
**Correct Answer: C**
**Rationale:** Before any administration actions can occur, the
contracting officer must first review the contract file to understand all
critical requirements, clauses, and potential risks.
**Q3. Generally, government contracts do not hold contractors liable
for loss of government property if the property is provided under which
contract?**
A) Contracts for commercial products and services
B) Contracts with educational institutions
C) Cost-reimbursement contracts
D) Contracts that do not exceed the simplified acquisition threshold
**Correct Answer: C**
**Rationale:** In cost-reimbursement contracts, the government
assumes the risk for property, whereas risk of loss may be allocated
differently in fixed-price contracts.
,**Q4. True or false: It is the contracting officer's responsibility to
identify and demand payment of contractor debt.**
A) True
B) False
**Correct Answer: A**
**Rationale:** The CO is responsible for identifying government claims
for debt against a contractor and taking action to demand payment.
**Q5. What part of the FAR identifies the required contract file
documentation?**
A) FAR 4.804
B) FAR 4.803
C) FAR Subpart 4.7
D) FAR Subpart 4.6
**Correct Answer: B**
**Rationale:** FAR 4.803 specifically covers the contents of the
contract file, prescribing what documentation must be included.
**Q6. Before exercising an option, what must the contracting officer
determine?**
A) Funds are available
, B) The option was synopsized in accordance with FAR Part 5
C) The requirement covered by the option fulfills an existing
government need
D) All of the above
**Correct Answer: D**
**Rationale:** All three elements are required: funding, proper
synopsis, and a valid continuing need for the requirement.
**Q7. What process is described in the following statement? "Using the
technical specifications, COR, or in plant QAS inspects to ensure
supplies/services meet contract requirements."**
A) Government quality assurance
B) Contractor performance
C) Government acceptance
D) Contractor invoice review
**Correct Answer: A**
**Rationale:** This describes the Government Quality Assurance (GQA)
function, which verifies contractor compliance with specifications.
**Q8. What must be managed to ensure successful contract
completion?**
A) Cost, schedule, and performance
CON 1400V Exam (Latest 2024/ 2025
Update) Questions and Verified Answers-
with rationales100% Correct- Grade
A.
**Q1. Which of the following is a key element of a contract
administration plan?**
A) A listing of contract terms and conditions related to administration
B) Contractor performance milestones
C) Names, positions, authorities, and limitations of authority for
contract administration team members
D) All of the above
**Correct Answer: D**
**Rationale:** A comprehensive contract administration plan includes
administrative terms, performance milestones, and a clear definition of
team roles and authorities to ensure effective contract oversight.
**Q2. The first task in the contract administration process is to:**
A) Debrief all offerors not selected for award
,B) Develop a contract administration plan
C) Review the contract file to identify critical contract requirements and
clauses
D) Request that the contractor sign a release of claims
**Correct Answer: C**
**Rationale:** Before any administration actions can occur, the
contracting officer must first review the contract file to understand all
critical requirements, clauses, and potential risks.
**Q3. Generally, government contracts do not hold contractors liable
for loss of government property if the property is provided under which
contract?**
A) Contracts for commercial products and services
B) Contracts with educational institutions
C) Cost-reimbursement contracts
D) Contracts that do not exceed the simplified acquisition threshold
**Correct Answer: C**
**Rationale:** In cost-reimbursement contracts, the government
assumes the risk for property, whereas risk of loss may be allocated
differently in fixed-price contracts.
,**Q4. True or false: It is the contracting officer's responsibility to
identify and demand payment of contractor debt.**
A) True
B) False
**Correct Answer: A**
**Rationale:** The CO is responsible for identifying government claims
for debt against a contractor and taking action to demand payment.
**Q5. What part of the FAR identifies the required contract file
documentation?**
A) FAR 4.804
B) FAR 4.803
C) FAR Subpart 4.7
D) FAR Subpart 4.6
**Correct Answer: B**
**Rationale:** FAR 4.803 specifically covers the contents of the
contract file, prescribing what documentation must be included.
**Q6. Before exercising an option, what must the contracting officer
determine?**
A) Funds are available
, B) The option was synopsized in accordance with FAR Part 5
C) The requirement covered by the option fulfills an existing
government need
D) All of the above
**Correct Answer: D**
**Rationale:** All three elements are required: funding, proper
synopsis, and a valid continuing need for the requirement.
**Q7. What process is described in the following statement? "Using the
technical specifications, COR, or in plant QAS inspects to ensure
supplies/services meet contract requirements."**
A) Government quality assurance
B) Contractor performance
C) Government acceptance
D) Contractor invoice review
**Correct Answer: A**
**Rationale:** This describes the Government Quality Assurance (GQA)
function, which verifies contractor compliance with specifications.
**Q8. What must be managed to ensure successful contract
completion?**
A) Cost, schedule, and performance
