1|Page
CLM 059 SBA COMPREHENSIVE GUIDE ALL
QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS) | GRADED A+ | LATEST
EXAM | JUST RELEASED
DD Form 2579 should not be prepared when? - . . ANSWER ✓✓
•The proposed contract will be awarded by contracting offices
outside the United States, its possessions, and Puerto Rico
•The proposed contract is for:
o Personal services of experts or consultant
o Electric power or energy, gas (natural or manufactured), water,
or other utilities
o Perishable subsistence
o Items for resale in commissary stores
•Supplies developed and financed by Canadian sources under the
U.S./Canadian Defense Development Sharing Program Architect-
engineer services
•Procurement actions for the Small Business Innovative
Research (SBIR) Program
•When a contract modification made pursuant to the terms of an
existing contract includes data of a classified nature or,
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•When an order will be placed under an existing contract or
under a contract of another military department or government
agency that is designated as a mandatory source of supply
•When it is for a DARPA requirement already reviewed by the
DARPA OSBP office
DFARS 219.7103-2 - . . ANSWER ✓✓ governs Contracting Officer
responsibilities under the PilotMentor Protege Program
16 - . . ANSWER ✓✓ more complete descriptions, application,
and limitations for Fixed-price contracts
8(a) Certified Small Business - . . ANSWER ✓✓ participants can
receive sole-source contracts, up to a ceiling, including options,
of $4 million for goods and services and $6.5 million for
manufacturing.
A cost-reimbursement contract may be used only when - . .
ANSWER ✓✓ •The contractor's accounting system is adequate for
determining costs applicable to the contract, and
•Appropriate Government surveillance during performance will
provide reasonable assurance that efficient methods and
effective cost controls are used.
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A small business must meet the following criteria - . . ANSWER
✓✓ Has a Place of Business in the U.S., Operates Primarily
within the U.S. or Makes a Significant Contribution to the U.S.
•Independently Owned and Operated
•Not Dominant in its Field
•A Sole Proprietorship, Partnership, Corporation or other Legal
Form
acquisition strategy - . . ANSWER ✓✓ a high-level business and
technical management approach designed to achieve program
objectives within specified resource constraints
It is the framework for planning, organizing, staffing, controlling,
and leading a program. It provides a master schedule for
research, development, testing, production, fielding, and other
activities that are essential for program success.
Acquisition Team - . . ANSWER ✓✓ composed of many different
participants who work together to navigate through the
acquisition process. Each team member has specific tasks and is
empowered to make decisions within their areas of
responsibility.
Categories of Small Business include - . . ANSWER ✓✓ Woman-
Owned Small Business (WOSB)
Economically Disadvantaged Women-Owned Small Business
(EDWOSB)
CLM 059 SBA COMPREHENSIVE GUIDE ALL
QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS) | GRADED A+ | LATEST
EXAM | JUST RELEASED
DD Form 2579 should not be prepared when? - . . ANSWER ✓✓
•The proposed contract will be awarded by contracting offices
outside the United States, its possessions, and Puerto Rico
•The proposed contract is for:
o Personal services of experts or consultant
o Electric power or energy, gas (natural or manufactured), water,
or other utilities
o Perishable subsistence
o Items for resale in commissary stores
•Supplies developed and financed by Canadian sources under the
U.S./Canadian Defense Development Sharing Program Architect-
engineer services
•Procurement actions for the Small Business Innovative
Research (SBIR) Program
•When a contract modification made pursuant to the terms of an
existing contract includes data of a classified nature or,
,2|Page
•When an order will be placed under an existing contract or
under a contract of another military department or government
agency that is designated as a mandatory source of supply
•When it is for a DARPA requirement already reviewed by the
DARPA OSBP office
DFARS 219.7103-2 - . . ANSWER ✓✓ governs Contracting Officer
responsibilities under the PilotMentor Protege Program
16 - . . ANSWER ✓✓ more complete descriptions, application,
and limitations for Fixed-price contracts
8(a) Certified Small Business - . . ANSWER ✓✓ participants can
receive sole-source contracts, up to a ceiling, including options,
of $4 million for goods and services and $6.5 million for
manufacturing.
A cost-reimbursement contract may be used only when - . .
ANSWER ✓✓ •The contractor's accounting system is adequate for
determining costs applicable to the contract, and
•Appropriate Government surveillance during performance will
provide reasonable assurance that efficient methods and
effective cost controls are used.
, 3|Page
A small business must meet the following criteria - . . ANSWER
✓✓ Has a Place of Business in the U.S., Operates Primarily
within the U.S. or Makes a Significant Contribution to the U.S.
•Independently Owned and Operated
•Not Dominant in its Field
•A Sole Proprietorship, Partnership, Corporation or other Legal
Form
acquisition strategy - . . ANSWER ✓✓ a high-level business and
technical management approach designed to achieve program
objectives within specified resource constraints
It is the framework for planning, organizing, staffing, controlling,
and leading a program. It provides a master schedule for
research, development, testing, production, fielding, and other
activities that are essential for program success.
Acquisition Team - . . ANSWER ✓✓ composed of many different
participants who work together to navigate through the
acquisition process. Each team member has specific tasks and is
empowered to make decisions within their areas of
responsibility.
Categories of Small Business include - . . ANSWER ✓✓ Woman-
Owned Small Business (WOSB)
Economically Disadvantaged Women-Owned Small Business
(EDWOSB)
