Study Guide Questions And Answers Verified
100% Correct
Which one of the following statements about the price reasonableness
determination is most appropriate? - ANSWER -The requirement must be
resolicited in order to obtain competition. Recent purchases
Which one of the following is NOT correct regarding documenting the award of a
buy using SAP? - ANSWER -Maybe not - Records of oral price quotations must be
established to clearly reflect the appropriateness of the award decision.
Not - Price reasonableness should be based on competitive quotes or offers
whenever possible.
Not - A statement of price reasonableness is not required when only one quote or
offer is received.
You just made a purchase for supplies in the amount of $22,300. You solicited
quotations orally from four local sources.
Which one of the following statements is correct regarding providing notice to the
unsuccessful suppliers? - ANSWER -Not - Notice to unsuccessful suppliers is
naver required when using SAP
Notice to the unsuccessful suppliers will only be given if requested
Not - Notice must be provided to each of the unsuccessful suppliers.
Not - Notice to the unsuccessful suppliers cannot be provided because an oral
solicitation was used
,Which one of the following would result in the establishment of a contract? -
ANSWER -Not - Supplier validates the terms of the quotation
Not - Government issuance of an order in response to a quotation
x Supplier's written acceptance of an order
Not - Supplier furnishes the ordered supplies
Three quotes were received in response to your solicitation for training services.
Evaluation was based on a tradeoff between price and past performance. The
assigned past performance ratings and quoted prices were as follows:
Vendor A - Unacceptable, $216,150;
Vendor B - Acceptable, $248,500; and
Vendor C - Outstanding, $237,200.
Which one of the following statements about the award decision is correct? -
ANSWER -There is not enough information to determine an apparent awardee
Not - Vendor B is the apparent awardee and price reasonableness could be based
on any reasonable basis
Not - Vendor A is the apparent awardee and price reasonableness would be based
on competition.
Vendor C is the apparent and price reasonableness would be based on competition
You are the contracting officer for a noncommercial bilateral purchase order for
supplies valued at $155,600.
Which one of the following actions would be executed using a unilateral
modification? - ANSWER -Not -Making a negotiated equitable adjustment
You are the contracting officer for a firm-fixed-price purchase order for
commercial services with a value of $1,425,000. Your customer has notified you
, that one of the contractually required reports accepted by the Government was
submitted five days late. You investigate and verify that the report was submitted
late.
Which one of the following statements regarding the nonconforming performance
is FALSE? - ANSWER -Not - The Government may seek an equitable price
reduction for accepting the late report if reperformance of the nonconforming
service is not possible.
Not - The government may seek consideration for accepting the late report if
reperformance of the nonconforming service is not possible.
Not - The Government may require reperformance of the nonconforming service at
no increase to the contract price.
The government must pay for the reperformance of the nonconforming service
because the report was accepted.
You have just been informed that a purchase order you recently awarded for
commercial supplies is no longer needed and must be cancelled.
The order was not accepted in writing by the contractor. Which one of the
following statements is true? - ANSWER -The purchase order is considered
cancelled if the contractor accepts the Government's written cancellation and does
not claim costs were incurred.
You are reviewing the requirements package for the purchase of automatic
standby generators. Market research results identify multiple sources in the
commercial marketplace that meet the essential physical characteristics for this
requirement. The generators were previously procured using a military
specification that includes restrictive conditions that are not justified.
Which one of the following is correct regarding the policies for describing your
agency's needs? - ANSWER -The requirement should be defined in terms that
ensure it can be met by commercial products.