5. NCMA (FAR 15,18)

Question 1

Price means cost plus any ___________ applicable to the contract type.

Answer 1

fee or profit.
(FAR 15.401)

Question 2

List exception to certified cost or pricing data requirements?

Answer 2

1. adequate price competition
2. prices set by law or regulation
3. commercial item.
4. modification to commercial item.
5. waiver has been granted
6. SBIR/STTR award.
   (FAR 15.403-1)

Question 3

Which of the following is not one of the four parts in the Uniform Contract Format?

Answer 3

Statement of work is not part of UCF.
(FAR 15.204-1)

Question 4

Which analytical technique shall be used to determine the probable cost of performance for each offeror under cost-reimbursement type contracts?

Answer 4

Cost realism analysis.
(FAR 15.404-1)

Question 5

Which of the following should not be considered in deciding what information to obtain through an oral presentation?

Answer 5

The need to revise the offeror’s proposal.
(FAR 15.102(c))

Question 6

Post-award debriefings shall not include:

Answer 6

The names of individuals providing an offeror’s past performance reference information.
(FAR 15.506)

Question 7

____________ are used by the government to promote early exchanges of information with industry.

Answer 7

Requests for Information (RFI)
(FAR 15.201)

Question 8

An offeror may request a post-award debriefing by submitting a written request for debriefing to the Contracting Officer to be received within _____ days after receipt of a notice of contract award.

Answer 8

3 days
FAR 15.506

Question 9

What is price analysis?

Answer 9

The process of examining and evaluating a proposed price without evaluating its separate cost elements and proposed profits and is used when cost or pricing data are not required.
(FAR 15.404)

Question 10

Which of the following are limited exchanges between the government and offerors that may occur when award without discussions is contemplated?

Answer 10

Clarifications.

FAR 15.306

Question 11

The objective of source selection under FAR Part 15 is to select the proposal that represents the _____________________.

Answer 11

Best Value.

FAR 15.302

Question 12

Which FAR clause is required in the solicitation when contracting by negotiation?

Answer 12

FAR 52.215-1 Instructions to Offerors-Competitive Acquisition.

FAR 15.209

Question 13

At a minimum, the Contracting Officer must use ________________ to determine whether the price is fair and reasonable when acquiring commercial items.

Answer 13

Price Analysis.

FAR 15.403

Question 14

A ______________ is the review and evaluation of any separate cost elements and profit or fee in an offeror’s or contractor’s proposal, as needed to determine a fair and reasonable price or to determine cost realism, and the application of judgment to determine how well the proposed costs represent what the cost of the contract should be, assuming reasonable economy and efficiency.

Answer 14

Cost Analysis.

FAR 15.404

Question 15

Which Section of the Uniform Contract Format includes the “Evaluation factors for award?”

Answer 15

Section M.

FAR 15.204-1

Question 16

Permitted exchanges of information with industry prior to receipt of proposals include all of the following except:

Answer 16

Including the Independent Government Cost Estimate (IGCE).

FAR 15.201

Question 17

A post-award debriefing should ideally occur within ____ days after receipt of the written request for a debriefing by the offeror.

Answer 17

FAR 15.506

Question 18

Which of the following is considered an unsolicited proposal?

Answer 18

A written proposal for a new or innovative idea that is submitted to an agency on the initiative of the offeror for the purpose of obtaining a contract with the Government, and that is not in response to a request for proposals, Broad Agency Announcement, Small Business Innovation Research topic, Small Business Technology Transfer Research topic, Program Research and Development Announcement, or any other Government-initiated solicitation or program.

FAR 15.603

Question 19

The statutory limit for fee for experimental, developmental, or research work performed under a cost-plus-fixed-fee contract is ____ of the contract’s estimated cost, excluding fee.

Answer 19

15%

FAR 15.404-4

Question 20

Oral presentations by offerors:

Answer 20

May substitute for, or augment, written information.

FAR 15.102

Question 21

At the conclusion of discussions, each offeror still in the competitive range shall be given an opportunity to:

Answer 21

Submit a final proposal revision.

FAR 15.307

Question 22

A post-award debriefing of offerors shall NOT include which of the following:

Answer 22

Commercial and financial information, including cost breakdowns, indirect cost rates, and similar information.

FAR 15.506

Question 23

• The threshold for obtaining certified cost or pricing data is ________ for prime contracts awarded before July 1, 2018, and __________ for prime contracts awarded on or after July 1, 2018.

Answer 23

$750k; $2 M

FAR 15.403-4