CON 3900 Exam Questions and Answers Latest Updated 2024/2025 | 100% Correct | Graded A+

It is the Government's policy that before executing a contract, the contracting officer must: (Ans- Obtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Government contracting? (Ans- Purchase the requirement as a commercial item. Acquisition planning should begin: (Ans- As soon as the agency need is identified Which of the following is an exception to obtaining certified cost or pricing data? (Ans- Adequate price competition The contracting officer shall take which of the following actions to encourage small business participation in acquisitions? (Ans- Divide acquisitions into reasonably small lots to permit offers on quantities less than the total requirement. Government contract types are grouped into two broad categories: fixedprice contracts and: (Ans- Cost-reimbursement contracts Incentive contracts are designed to obtain specific acquisition objectives by: (Ans- Motivating contractor efforts that might not otherwise be emphasized Agencies shall conduct market research: (Ans- Appropriate to the circumstances CON 3900 Week 2 Exam Questions and Answers Latest Updated 2024/2025 | 100% Correct | Graded A+ To the maximum extent practicable, acquisition officials shall state requirements of supplies or services in terms of functions to be performed, performance required, or: (Ans- Essential physical characteristics When using FAR part 12 procedures, the technical evaluation would normally include examination of such things as product literature, product samples (if requested), technical features, and: (Ans- Warranty provisions Provisions and clauses should be incorporated by reference in solicitations and contracts: (Ans- To the maximum practical extent, rather than being incorporated in full text Which offerors receive an amendment on a solicitation that has yet to close? (Ans- All parties receiving the solicitation The purpose of exchanging information with industry before receipt of proposals is to: (Ans- Improve the understanding of Government requirements and industry capabilities Which of the following is the correct title of a solicitation for negotiated procedures? (Ans- Request for Proposals At what dollar value must a contracting officer synopsize a proposed contract action in the Governmentwide point of entry (GPE)? (Ans- Expected to exceed $25,000 After release of the solicitation, who must be the focal point of any exchange with potential offerors? (Ans- The contracting officer An overarching principle for responding to questions from all potential offerors is: (Ans- Fairness Whenever a contracting officer is required to publicize notice of proposed contract actions in the Governmentwide point of entry (GPE), they must: (Ans- Establish a common response time for all offerors from the date of publication One day after publicizing and releasing a solicitation, the contracting officer realizes that the contract line items need to be reorganized. The contracting officer must: (Ans- Amend the solicitation, changing the contract line items Which FAR part is the best source of information regarding competition requirements? (Ans- FAR part 6 You have determined that FAR part 12 applies to your commercial item requirement. Which of the following contract types is appropriate when using FAR part 12 procedures? (Ans- Firm-fixed-price You are a DoD contracting officer and have used simplified acquisition procedures under FAR part 13 to award a commercial purchase order for supplies. Given only this information, which form is most appropriate to use should you need to modify your purchase order? (Ans- Standard Form 30, Amendment of Solicitation/Modification of Contract You're administering a large dollar non-commercial weapons contract. The contracting officer asks to see the Contract Data Requirements List (CDRL) in Exhibit B. Which uniform contract format (UCF) section in your contract would you refer to? (Ans- Section J Which of the following is specifically set up to help firms view current Government business opportunities? (Ans- The Governmentwide Point of Entry (GPE) In evaluating a solicitation, which section of the uniform contract format (UCF) would contain information to the offeror regarding the evaluation factors and subfactors the Government will use to evaluate the offeror's proposal? (Ans- Section M You are a proposal manager for a large defense contractor, leading your company's effort to win a contract. In order to determine the page limit for your proposal, which section in the request for proposal should you review? (Ans- Section L - Instructions, conditions, and notices to offerors or respondents A contractor is developing their pricing strategy in a competitive environment. Knowing the required effort will result in follow-on contracts, the contractor submits an offer below anticipated costs with the plan to recover any losses by increasing the price on follow-on efforts. This pricing strategy is referred to as: (Ans- Buying-in What type of contract should be used for an item that uses a very large amount of gold and other precious metals in the manufacturing process? (Ans- Fixed-price with economic price adjustment When a potential contractor is developing a proposal where cost analysis will be performed, the potential contractor will need to ensure it has excluded from the proposal any costs that are: (Ans- Expressly unallowable Contracting officers shall provide property to contractors only when it is clearly demonstrated that: (Ans- The overall benefit to the acquisition significantly outweighs the increased cost of administration. the Government's policy on describing agency needs is to: (Ans- Promote full & open competition, Minimize restrictive provisions, State requirements in terms of function, performance, & essential physical characteristics Service Acquisition Process is composed of three phases (Ans- planning phase, development phase, and execution phase Service Acquisition Process is composed of seven steps (Ans- form the team, review current strategy, market research, requirements definition, acquisition strategy, execute strategy, and performance management Acquisition planning should begin (Ans- as soon as the agency need is identified