EW CON 3900 EXAM 2025 UPDATE
N
WITH Q&A VERIFIED ANSWERS
{CLEANEST VERSION}
hat type of contract shall not be used in Government contracting? - CORRECT
W
ANSWER-Cost-plus-a-percentage-of-cost Contract
hat types of contracts can be awarded when acquiring commercial items of supply? -
W
CORRECT ANSWER-Firm-fixed-price contracts or fixed-price contracts with economic
price adjustment
hich form is used by DoD to apply a structured profit/fee? - CORRECT ANSWER-DD
W
Form 1547, Weighted Guidelines Method
hat is a Procurement Instrument Identifier (PIID)? - CORRECT ANSWER-A unique
W
number identifying each solicitation, contract, agreement, or order and related
procurement instrument
hen using invitations for bids (IFBs), what type(s) of contracts can be awarded? -
W
CORRECT ANSWER-Firm-fixed-price contracts or fixed-price contracts with economic
price adjustment
ime-and-materials (T&M) contract can be used: - CORRECT ANSWER-Only when it
T
is not possible at the time of placing the contract to estimate accurately the extent or
duration of the work or to anticipate costs
ommunications, discussions, and clarifications are: - CORRECT ANSWER-Terms that
C
address specific types of exchanges with offerors after receipt of proposals
hat are life-cycle costs? - CORRECT ANSWER-The total cost to the Government of
W
acquiring, operating, supporting, and (if applicable) disposing of the items being
acquired
hat is an exception to obtaining certified cost or pricing data? - CORRECT
W
ANSWER-Adequate price competition
, he two broad categories of government contract types are: - CORRECT
T
ANSWER-Fixed-price contracts and cost-reimbursement contracts
hen using FAR part 12 procedures, the technical evaluation would normally include
W
examination of such things as product literature, product samples (if requested),
technical features, and: - CORRECT ANSWER-Warranty provisions
o the maximum extent practicable, acquisition officials shall state requirements of
T
supplies or services in terms of functions to be performed, performance required, or: -
CORRECT ANSWER-Essential physical characteristics
rovisions and clauses should be incorporated by reference in solicitations and
P
contracts: - CORRECT ANSWER-To the maximum practical extent, rather than being
incorporated in full text
he purpose of exchanging information with industry before receipt of proposals is to: -
T
CORRECT ANSWER-Improve the understanding of Government requirements and
industry capabilities
hat is the correct title of a solicitation for negotiated procedures? - CORRECT
W
ANSWER-Request for Proposals
t what dollar value must a contracting officer synopsize a proposed contract action in
A
the Governmentwide point of entry (GPE)? - CORRECT ANSWER-Expected to exceed
$25,000
hat contract type is appropriate when using FAR part 12 procedures? - CORRECT
W
ANSWER-Firm-fixed-price
contractor is developing their pricing strategy in a competitive environment. Knowing
A
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: - CORRECT
ANSWER-Buying-in
hen a potential contractor is developing a proposal where cost analysis will be
W
performed, the potential contractor will need to ensure it has excluded from the proposal
any costs that are: - CORRECT ANSWER-Expressly unallowable
N
WITH Q&A VERIFIED ANSWERS
{CLEANEST VERSION}
hat type of contract shall not be used in Government contracting? - CORRECT
W
ANSWER-Cost-plus-a-percentage-of-cost Contract
hat types of contracts can be awarded when acquiring commercial items of supply? -
W
CORRECT ANSWER-Firm-fixed-price contracts or fixed-price contracts with economic
price adjustment
hich form is used by DoD to apply a structured profit/fee? - CORRECT ANSWER-DD
W
Form 1547, Weighted Guidelines Method
hat is a Procurement Instrument Identifier (PIID)? - CORRECT ANSWER-A unique
W
number identifying each solicitation, contract, agreement, or order and related
procurement instrument
hen using invitations for bids (IFBs), what type(s) of contracts can be awarded? -
W
CORRECT ANSWER-Firm-fixed-price contracts or fixed-price contracts with economic
price adjustment
ime-and-materials (T&M) contract can be used: - CORRECT ANSWER-Only when it
T
is not possible at the time of placing the contract to estimate accurately the extent or
duration of the work or to anticipate costs
ommunications, discussions, and clarifications are: - CORRECT ANSWER-Terms that
C
address specific types of exchanges with offerors after receipt of proposals
hat are life-cycle costs? - CORRECT ANSWER-The total cost to the Government of
W
acquiring, operating, supporting, and (if applicable) disposing of the items being
acquired
hat is an exception to obtaining certified cost or pricing data? - CORRECT
W
ANSWER-Adequate price competition
, he two broad categories of government contract types are: - CORRECT
T
ANSWER-Fixed-price contracts and cost-reimbursement contracts
hen using FAR part 12 procedures, the technical evaluation would normally include
W
examination of such things as product literature, product samples (if requested),
technical features, and: - CORRECT ANSWER-Warranty provisions
o the maximum extent practicable, acquisition officials shall state requirements of
T
supplies or services in terms of functions to be performed, performance required, or: -
CORRECT ANSWER-Essential physical characteristics
rovisions and clauses should be incorporated by reference in solicitations and
P
contracts: - CORRECT ANSWER-To the maximum practical extent, rather than being
incorporated in full text
he purpose of exchanging information with industry before receipt of proposals is to: -
T
CORRECT ANSWER-Improve the understanding of Government requirements and
industry capabilities
hat is the correct title of a solicitation for negotiated procedures? - CORRECT
W
ANSWER-Request for Proposals
t what dollar value must a contracting officer synopsize a proposed contract action in
A
the Governmentwide point of entry (GPE)? - CORRECT ANSWER-Expected to exceed
$25,000
hat contract type is appropriate when using FAR part 12 procedures? - CORRECT
W
ANSWER-Firm-fixed-price
contractor is developing their pricing strategy in a competitive environment. Knowing
A
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: - CORRECT
ANSWER-Buying-in
hen a potential contractor is developing a proposal where cost analysis will be
W
performed, the potential contractor will need to ensure it has excluded from the proposal
any costs that are: - CORRECT ANSWER-Expressly unallowable
