REVISED CON 170 Fundamentals of Cost and Price Analysis Student Exercises 2023

Fundamentals of cost and price analysis student exercise 202
1. Was ist Market Research/CH 1/5/FAR 2.101: Market Research
is collecting and analyzing information about capabilities within the
market to satisfy agency needs
2. True or false Market Research is continues process/CH 1/5: Tru
3. Continiues process includes what?/CH
1/5: collect organize
maintain
analyze
docume
nt
4. the two phases of market research are?/CH 1/5/FAR 10:
Market Surveillance Market Investigation
5. agencies must conduct market research for what?/CH 1/5:
FAR 10.001> appropriate to the circumstance
6. agencies must conduct market research Before developing?
1/5: new re- quirements documents for an acquisition by that
agency;
7. Take advantage of commercial research methods,
particularly watching for new Small Businesses and new
entrants into Federal contracting, that are available in the
marketplace for meeting the /1/5requirements of ?/ch 5:
contingency operations, recovery against nuclear, chem/bio or
radiological at- tack, as well as Disaster relief to include debris
removal, distribution of supplies, reconstruction, and other disaster or
emergency relief activities
8. Before soliciting offers ?/ch 1/5: < SAT when adequate info is
not available and circumstances justify its cost
9. Before soliciting offers that could lead to ?/ch 1/5: a bundled
contract
10.Before soliciting offers for acquisitions ?ch 1/5: with an
estimated value in excess of the simplified acquisition threshold
11.FAR 10.001(a)(3), use the result of market research to?/ch
1/5: agency's requirements exist; agency's requirements exist;


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,(ii)Determine if commercial items or, to the extent commercial items
suitable to meet the agency's needs are not available,
nondevelopmental items are available that --

(A) Meet the agency's requirements;

(B) Could be modified to meet the agency's requirements; or




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,(C) Could meet the agency's requirements if those requirements were
modified to a reasonable extent;
12.Determine practices of firms engaged in producing,
distributing, support- ing commercial items, including? /ch 1/5:
type of contract, warranties, buyer financing, maintenance, packaging,
marking
13. FAR 10.001 POLICY
ONLY REQUEST: (a) Agencies must --

(1) Ensure that legitimate needs are identified and trade-offs
evaluated to acquire items that meet those needs
14.FAR 10.002-procudures.: (a) Agencies must --

(1) Ensure that legitimate needs are identified and trade-offs
evaluated to acquire items that meet those needs
15.acquisitions begins with ?: description of the
Government's_ needs.
16.Include FAR 12.101(a-c)Policy, "Agencies shall -- conduct
market re- search: FAR 12.101(a-c)Policy, "Agencies shall -- conduct
market research to determine if commercial or nondevelopmental
items can meet Gov't needs; acquire commercial items or NDI when
available; require primes and subs to maximize use of commercial and
NDI
17. FAR 10.002 - Procedures (cont'd)
COs may use market research conducted within: 18 months
18.Involves obtaining info specific to the item being
acquired can be: of a type of item: customarily available
in the commercial marketplace
Can be of a type of item customarily available in the commercial
marketplace with modifications; or
met by an item used exclusively for governmental purposes
19.Should include assessment of customary practices
regarding: customiz- ing, modifying, tailoring items to meet
customer needs, and associated costs
20. Customary _practices,
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, including
: in warranty, buyer financing, discounts, contract
type, na- ture and risk of the requirement in commercial environment




4/