FAC-C (Professional) Set Actual Exam
Questions With Reviewed 100%
Correct Detailed Answers
Guaranteed Pass!!
1. What is the micro purchase threshold?
- ANSWER $10,000 (Construction - $2,000)
2. Sealed bidding is a method of contracting that employs competitive bids, public
openings of bids, and awards. (True/False)
- ANSWER True
3. Specific steps include preparing an ___ ___ ___, ___ the invitation for bids, ___
of bids, ___ of bids, and ___ the contract.
- ANSWER Invitation for bids; publicizing; evaluating; awarding
4. Under sealed bidding, award is made to the ___ bidder whose bid is ___ to the
terms of the IFB and is most advantageous to the government, considering only
___ and ___ related factors included in the invitation.
- ANSWER Responsible; responsive; price; price
5. Sealed bidding can only be used with:
,- ANSWER - Firm fixed price contracts
- Fixed price with economic price adjustment contracts
6. According to FAR 6.401(a), COs shall solicit sealed bids if -
- ANSWER - Time permits the solicitation, submission, and evaluation of sealed
bids.
- The award will be made on the basis of price and other price-related factors
- It is not necessary to conduct discussion with the responding offerors about their
bids.
- There is a reasonable expectation of receiving more than one sealed bid.
7. To the extent practicable, IFBs conform to the ___ ___ ___.
- ANSWER Uniform Contract Format
8. What are the steps in two-step sealed bidding?
- ANSWER (1) Requests for submission, evaluation, and discussion of technical
proposals (no pricing is involved;
(2) Submission of sealed bids by those who submitted acceptable technical
proposals in step one.
9. Two- step sealed bidding may be used in preference to negotiation when all the
following conditions are present:
- ANSWER - Available specifications or purchase descriptions are not definite or
complete or may be too restrictive without technical evaluation, and any
necessary discussion, of the technical aspects of the requirement to ensure
mutual understanding between each source and the Government.
- Definite criteria exists for evaluating technical proposals.
,- More than one technically qualified source is expected to be available.
- Sufficient time will be available for use of the two-step method.
- A firm-fixed price contract or fixed-price contract with economic price
adjustment will be used.
10. A contract awarded using other than sealed bidding procedures is a ___
contract.
- ANSWER Negotiated
11. ___ must be used whenever one or more of the four prerequisites to sealed
bidding (sufficient time, award based on price or price related factors, well-
defined specifications, adequate competition) is lacking.
- ANSWER Negotiation
12. After evaluation of offers, the contracting officer may hold ___ (___) with
offerors in the competitive range.
- ANSWER Negotiations (discussions)
13. At a minimum, the contracting officer must discuss with each offeror in the
competitive range any ___, ___ ___, and ___ ___ ___ information to which the
offeror has not yet had an opportunity to respond.
- ANSWER Deficiencies; significant weaknesses; adverse past performance
14. A major feature of negotiated procurement is its emphasis on the technical
aspects of proposals, in addition to price, rather than on price factors alone.
(True/False)
- ANSWER True
, 15. After release of a solicitation, COs serve as the focal point for inquiries from
actual or prospective offerors (this is also stated at FAR 15.201(f)). (True/False)
- ANSWER True
16. After receipt of proposals, COs control exchanges with offerors in accordance
with 15.306. (True/False)
- ANSWER True
17. What are the steps in Contracting by Negotiation? - ANSWER
(1) Draft specification or PWS
(2) Prepare RFPs
(3) Publicize RFP
(4) Submit Proposals
(5) Evaluate Proposals
(6) Conduct discussions
(7) Request final proposal revisions
(8) Evaluate final proposal revisions
(9) Award contract
18. Contract type is just one element of the overall contractor ___ ___, which
includes contract financing, profit or fee, incentives, and contract terms and
conditions.
- ANSWER Compensation arrangement
19. What type of contract shall not be used in Federal contracting?
- ANSWER Cost-plus-percentage-of-cost
Questions With Reviewed 100%
Correct Detailed Answers
Guaranteed Pass!!
1. What is the micro purchase threshold?
- ANSWER $10,000 (Construction - $2,000)
2. Sealed bidding is a method of contracting that employs competitive bids, public
openings of bids, and awards. (True/False)
- ANSWER True
3. Specific steps include preparing an ___ ___ ___, ___ the invitation for bids, ___
of bids, ___ of bids, and ___ the contract.
- ANSWER Invitation for bids; publicizing; evaluating; awarding
4. Under sealed bidding, award is made to the ___ bidder whose bid is ___ to the
terms of the IFB and is most advantageous to the government, considering only
___ and ___ related factors included in the invitation.
- ANSWER Responsible; responsive; price; price
5. Sealed bidding can only be used with:
,- ANSWER - Firm fixed price contracts
- Fixed price with economic price adjustment contracts
6. According to FAR 6.401(a), COs shall solicit sealed bids if -
- ANSWER - Time permits the solicitation, submission, and evaluation of sealed
bids.
- The award will be made on the basis of price and other price-related factors
- It is not necessary to conduct discussion with the responding offerors about their
bids.
- There is a reasonable expectation of receiving more than one sealed bid.
7. To the extent practicable, IFBs conform to the ___ ___ ___.
- ANSWER Uniform Contract Format
8. What are the steps in two-step sealed bidding?
- ANSWER (1) Requests for submission, evaluation, and discussion of technical
proposals (no pricing is involved;
(2) Submission of sealed bids by those who submitted acceptable technical
proposals in step one.
9. Two- step sealed bidding may be used in preference to negotiation when all the
following conditions are present:
- ANSWER - Available specifications or purchase descriptions are not definite or
complete or may be too restrictive without technical evaluation, and any
necessary discussion, of the technical aspects of the requirement to ensure
mutual understanding between each source and the Government.
- Definite criteria exists for evaluating technical proposals.
,- More than one technically qualified source is expected to be available.
- Sufficient time will be available for use of the two-step method.
- A firm-fixed price contract or fixed-price contract with economic price
adjustment will be used.
10. A contract awarded using other than sealed bidding procedures is a ___
contract.
- ANSWER Negotiated
11. ___ must be used whenever one or more of the four prerequisites to sealed
bidding (sufficient time, award based on price or price related factors, well-
defined specifications, adequate competition) is lacking.
- ANSWER Negotiation
12. After evaluation of offers, the contracting officer may hold ___ (___) with
offerors in the competitive range.
- ANSWER Negotiations (discussions)
13. At a minimum, the contracting officer must discuss with each offeror in the
competitive range any ___, ___ ___, and ___ ___ ___ information to which the
offeror has not yet had an opportunity to respond.
- ANSWER Deficiencies; significant weaknesses; adverse past performance
14. A major feature of negotiated procurement is its emphasis on the technical
aspects of proposals, in addition to price, rather than on price factors alone.
(True/False)
- ANSWER True
, 15. After release of a solicitation, COs serve as the focal point for inquiries from
actual or prospective offerors (this is also stated at FAR 15.201(f)). (True/False)
- ANSWER True
16. After receipt of proposals, COs control exchanges with offerors in accordance
with 15.306. (True/False)
- ANSWER True
17. What are the steps in Contracting by Negotiation? - ANSWER
(1) Draft specification or PWS
(2) Prepare RFPs
(3) Publicize RFP
(4) Submit Proposals
(5) Evaluate Proposals
(6) Conduct discussions
(7) Request final proposal revisions
(8) Evaluate final proposal revisions
(9) Award contract
18. Contract type is just one element of the overall contractor ___ ___, which
includes contract financing, profit or fee, incentives, and contract terms and
conditions.
- ANSWER Compensation arrangement
19. What type of contract shall not be used in Federal contracting?
- ANSWER Cost-plus-percentage-of-cost
