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CON 3990 Thresholds And Dates Exam Questions And Answers | Latest Updated 2025/2026 | Graded A+

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CON 3990 Thresholds And Dates Exam Questions And Answers | Latest Updated 2025/2026 | Graded A+ Simplified Acquisition Threshold - answer-$250,000 Micro Purchase Threshold - answer-$10,000 Special authority to use SAP for the acquisition of commercial items exceeding the SAT but not exceeding - - answer-$7.5M Threshold to be publicized on SAM.gov - answer-$25,000 Threshold to be posted in a public place - answer-$15,000 to $25,000 Threshold for requiring the submission of Certified Cost and Pricing Data (TINA) - answer-$2M or greater Threshold for requiring a Source Selection Advisory Council - answer-$100M Threshold for when contractor's are required to certify any claim - answer- $100,000 When should acquisitions for supplies and services be set-aside for small business concerns? - answer- $10,000-$250,000 Threshold for when the successful offeror will be required to submit an acceptable subcontracting plan for RFP or IFB - answer- $750,000Threshold for when the Contract Closeout Checklist is required - answer- $250,000 (that are not subject to automated closeout procedures) Threshold for when a closeout can utilize the automated closeout process - answer- $500,000 Threshold for when a contract qualifies for quick closeout (when the total unsettled direct and indirect costs to be allocated to a contract) - answer- $2M

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