CON3910 Practice Test 3 Flashcards
Covers U12: Price or Cost Analysis, U13: Plan Negotiations, U14: Select Source, U15: Manage Disagreements
It is the Government’s pricing policy to purchase supplies and services at fair and reasonable prices from:
-Responsive sources
-Responsible sources
-Sources that offer the lowest possible price
-The smallest set of sources
Responsible sources
What are the two types of negotiated acquisitions?
-Sole source and competitive
-Sole source and single source
-Source selection and competitive
-Single source and face-to-face
Sole source and competitive
What is the objective of a source selection?
-To select the proposal with the lowest price
-To select the proposal with advancements in technology
-To select the proposal that represents the best value
-To select the proposal with the fewest rewrites
To select the proposal that represents the best value
Which contract type shifts cost risk from the Government to the contractor?
-Labor-hour
-Fixed-price
-Time-and-materials
-Cost-reimbursement
Fixed-price
Which of the following best describes the purpose of proposal analysis?
-To ensure the price is fair and reasonable
-To validate the Government requirement is met
-To determine if the proposal follows commercial practices
-To evaluate the specifications of the product or service
To ensure the price is fair and reasonable
Which type of solicitation may require the submission of certified cost or pricing data?
-Micropurchase request
-Invitation for bids
-Request for quotations
-Request for proposals
Request for proposals
A contracting officer has the broadest discretion in fashioning suitable evaluation procedures when considering:
-Proposals
-Bids
-Unsolicited proposals
-Quotations
Quotations
Which acquisition situation would warrant an exception to the requirement for certified cost or pricing data?
-Sole source award
-Commercial item acquisition
-Major weapon system acquisition
-Small business award
Commercial item acquisition
A proposal submission time and date of 2 p.m. on February 3, 2020, appeared on the cover page of a Government solicitation. Based on the information provided at FAR 52.215-1, Instructions to Offerors – Competitive Acquisitions, which of the following proposals is late?
-The contractor provided its proposal at 2:15 p.m. on February 3, 2020.
-The contractor provided its proposal on January 25, 2020.
-The contractor sent a proposal electronically at 1:30 p.m. on February 2, 2020; however, the Government did not receive the proposal until February 4, 2020, due to the Government server being down for repairs. The contractor had proof of the server failure.
-The contractor physically delivered their proposal at 11 a.m. on Tuesday, February 4, 2020, due to the fact that at 1 p.m. on February 3, there was a bomb scare that shut down the Government contracts office for the remainder of the day precluding physical delivery of their proposal.
The contractor provided its proposal at 2:15 p.m. on February 3, 2020.
When a contractor submits a Certificate of Current Cost or Pricing data, it is certifying that:
-All contractor data “sweeps” have been accomplished.
-Negotiations have been completed, and the parties have come to agreement.
-The data submitted in support of a negotiations are current, accurate, and complete.
-The data it submitted to support negotiations has been properly notarized.
The data submitted in support of a negotiations are current, accurate, and complete.
Which of the following are limited exchanges between the Government and offerors that may occur when award without discussions is contemplated?
-Negotiations
-Discussions
-Clarifications
-Communications
Clarifications
Negotiating positions should be developed through which of the following?
-Price or cost analysis
-The independent Government cost estimate (IGCE)
-Always using a should cost analysis
-Solely on the price analyst’s judgment
Price or cost analysis
Which of the following documents would the contracting officer use to document the purpose, description, and outcome of negotiations?
-Price Negotiation Memorandum
-Standard Form 1409, Abstract of Offers
-Certificate of Current Cost or Pricing Data
-Standard Form 30, Amendment of Solicitation/Modification of Contract
Price Negotiation Memorandum
Where in the FAR is contracting by negotiation covered?
-FAR part 12
-FAR part 13
-FAR part 14
-FAR part 15
FAR part 15
During discussions, the contracting officer:
-Should discuss aspects of an offeror’s proposal if alterations or explanations would enhance the proposal’s potential for award
-Must pursue obtaining what is best for the Government value irrespective of the evaluation factors set forth in the solicitation
-May not negotiate with offerors for increased performance beyond mandatory minimums
-May favor one offeror over another during discussions
Should discuss aspects of an offeror’s proposal if alterations or explanations would enhance the proposal’s potential for award
Prenegotiation objectives:
-Document the elements of the negotiated agreement
-Establish the Government’s initial negotiation position
-Establish the Government’s final negotiation position
-Are unnecessary if submission of certified cost of pricing data is required
Establish the Government’s initial negotiation position