CON 3900 CONTRACTING FINAL EXAM | ACCURATE CURRENTLY TESTING VERSIONS WITH 150 QUESTIONS WITH DETAILED ANSWERS AND A COMPREHENSIVE EXAM PREP STUDY GUIDE | ACCURATE FOR GUARANTEED PASS

CON 3900 CONTRACTING FINAL EXAM | ACCURATE CURRENTLY TESTING VERSIONS WITH 150 QUESTIONS WITH DETAILED ANSWERS AND A COMPREHENSIVE EXAM PREP STUDY GUIDE | ACCURATE FOR GUARANTEED PASS With limited exceptions as authorized by agency regulations, what does the FAR say about Government employees soliciting and accepting gifts from contractors? Government employees: - CORRECT ANSWER May not solicit or accept gifts What is the gene ral guidance provided by the FAR for contractor bid or proposal information? - CORRECT ANSWER It may not be disclosed to anyone unless they are authorized to receive it With few exceptions, which one of the following statements is true regarding awarding contracts to U.S. Government employees? - CORRECT ANSWER A contracting officer shall not knowingly award a contract to a Government employee Which of the following would represent, or potentially represent, an organizational conflict of interest (OCI)? - CORRECT ANSWER An engineering support contractor (contractor A) is hired to assist in the development of Government specifications for a new requirement. Contractor A writes the specifications in such a way as to require the Government's use of contractor A's proprietary processes even though there are other solutions. Which term means the total cost to the Government of acquiring, operating, supporting, and (if applicable) disposing of the items being acquired? - CORRECT ANSWER Life -cycle costs Which of the following reflects market research policy? Market research: - CORRECT ANSWER Aids in determining if sources capable of satisfying the a gency's requirements exist Which section of the uniform contract format (UCF) exists to include negotiated, meaningful special contract requirements that are not included in Section I, Contract clauses, or in other sections of the UCF? - CORRECT ANSWER S ection H Who is the individual designated and authorized in writing by the contracting officer to perform specific technical or administrative functions? - CORRECT ANSWER Contracting officer's representative Which of the following statements is accurate regarding Acquisition Teams? - CORRECT ANSWER The Acquisition Team includes representatives of the technical, supply, and procurement communities, the customers they serve, and the contractors who provide the products and services. Select the statement that is NOT conducive toward forming a cohesive team - CORRECT ANSWER The Government should foster an "arm's length" approach for an effective relationship The authority of a contracting officer's representative (COR) shall be: - CORRECT ANSWER Designat ed in writing, with a copy given to the contractor and contract administration office Which event is meant to aid both the Government and contractor personnel to 1) achieve a clear and mutual understanding of all contract requirements, and (2) identify an d resolve potential problems after contract award? - CORRECT ANSWER Postaward orientation conference Where in the FAR can you find guidance on how to establish, maintain, and dispose of Government contract files? - CORRECT ANSWER FAR part 4 In a Determ ination and Findings, the findings are - CORRECT ANSWER Support for the determination In briefing prenegotiation objectives for approval, contracting officers should ensure their briefing slides are: - CORRECT ANSWER Simple and concise Which of the fol lowing is an accounting or financial term when addressing contractual funding issues? - CORRECT ANSWER Fiscal It is the Government's policy that before executing a contract, the contracting officer must: - CORRECT ANSWER Obtain written assurance from th e responsible fiscal authority that adequate funds are available. See FAR 32.702(a) What would be the preferred way to acquire an item in Government contracting? - CORRECT ANSWER Purchase the requirement as a commercial item. See FAR 10.002(d) Contracting officers shall provide property to contractors only when it is clearly demonstrated that: - CORRECT ANSWER The overall benefit to the acquisition significantly outweighs the increased cost of administration. See FAR 45.102 Acquisition plannin g should begin: - CORRECT ANSWER As soon as the agency need is identified See FAR 7.104(a) Which of the following is an exception to obtaining certified cost or pricing data? - CORRECT ANSWER Adequate price competition See FAR 15.403 -1(b) The contracti ng officer shall take which of the following actions to encourage small business participation in acquisitions? - CORRECT ANSWER Divide acquisitions into reasonably small lots to permit offers on quantities less than the total requirement. Market research is conducted during which phase of acquisition? - CORRECT ANSWER All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? - CORRECT ANSWER Deviation Simplified Acquisition Procedures (SAP) should - CORRECT ANSWER Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? - CORRECT ANSWER DD Form 1547, Weighted Guidelines Method What type(s) of contracts can be awarded when acquirin g commercial items of supply? - CORRECT ANSWER Only firm -fixed -price contracts or fixed -price contracts with economic price adjustment When using invitations for bids (IFBs), what type(s) of contracts can be awarded? - CORRECT ANSWER Only firm -fixed -price contracts or fixed -price contracts with economic price adjustment Which of the following is correct regarding the DFARS Procedures Guidance and Information (PGI)? - CORRECT ANSWER The DFARS PGI is a companion resource to the DFARS Which of the follow ing statements is accurate regarding the Government's policy on contract modifications? - CORRECT ANSWER Only contracting officers acting within the scope of their authority are authorized to execute contract modifications on behalf of the Government Which of the following is accurate about unilateral modifications? - CORRECT ANSWER Are only signed by a Government contracting officer, not the contractor Except when authorized otherwise, a Government contract: - CORRECT ANSWER Must be in writing Which is NOT a type of contracting officer? - CORRECT ANSWER Executive contracting officer With respect to the requirements of law, executive orders, regulations, and all other applicable procedures, prior to signing a contract, a contracting officer must: - CORRECT ANSWER Ensure that each has been met