Q&A Deck 1 Flashcards
1
Q
What is the order of precedence among the 8(a) Program, HUBZone Program, Service-Disabled Veteran-Owned Small Business Procurement Program, and Women-Owned Small Business Program?
- 8(a) is preferred, followed by HUBZone, SDVOSB, and WOSB in that order
- HUBZone is preferred, followed by 8(a), SDVOSB, and WOSB in that order
- 8(a) is preferred, and all others are treated equally
- There is no order of precedence
A
Correct: There is no order of precedence
2
Q
What is the preferred method of transporting supplies for the Government?
- Government-leased vehicles
- Chartered vessels
- Commercial carriers
- Government-owned vehicles
A
Correct: Commercial carriers
3
Q
In preparing work statements, technical and contracting personnel shall consider and, as appropriate, provide in the solicitation all of the following EXCEPT:
- Information on factors such as personnel, environment, and interfaces that may constrain the results of the effort.
- A precise description of the work and methods.
- Reporting requirements and information on any additional items that the contractor is required to furnish as the work progresses.
- A statement of the area of exploration, tasks to be performed, and objectives of the research or development effort.
FAR Part 9
A
A precise description of the work and methods.
4
Q
Under the conditions outlined in FAR Part 27.302, when might a contractor without a place of business in the United States be required to assign title to an invention to the Government?
- If the invention is protected by a patent filed in the contractor’s home country.
- If the invention is solely funded by the contractor’s private resources.
- If the invention is disclosed to the government after the patent protection expires.
- If the invention is made under a Federal research and development contract, is not protected by a patent, and the contractor fails to disclose it to the government within the specified time frame.
FAR Part 27.302
A
- If the invention is made under a Federal research and development contract, is not protected by a patent, and the contractor fails to disclose it to the government within the specified time frame.
5
Q
Under what circumstances can a contractor request an extension of time for completion of a construction contract and what is the process for making such a request according to FAR part 11.5?
- A contractor can request an extension of time within 10 days of the beginning of a delay caused by a variation in estimated vs actual quantity of unit-priced items.
- A contractor can request an extension of time if the variation in estimated vs actual quantity of unit-priced items exceeds +/- 15%. The request must be made within 10 days of the beginning of the delay.
- A contractor can request an extension of time if the variation in estimated vs actual quantity of unit-priced items is less than +/- 15%. The request must be made within 10 days of the beginning of the delay.
- A contractor cannot request an extension of time for completion.
FAR 11.5
A
A contractor can request an extension of time if the variation in estimated vs actual quantity of unit-priced items exceeds +/- 15%. The request must be made within 10 days of the beginning of the delay.
6
Q
What law governs the collection, maintenance, use, and dissemination of personally identifiable information about individuals that is maintained in systems of records by federal agencies?
- Federal Records Act
- Freedom of Information Act
- Cybersecurity Act
- Privacy Act of 1974
A
Correct: Privacy Act of 1974
7
Q
Which FAR part specifies the definitions for words and terms that are to be used unless another FAR part provides a different definition for that part?
- Part 5
- Part 4
- Part 1
- Part 2
A
Correct: Part 2
8
Q
Which contract type places maximum risk and full responsibility for all costs and resulting profit or loss on the contractor?
- Time-and-materials
- Cost-reimbursement
- Firm-fixed-price
- Indefinite-delivery
A
Correct: Firm-fixed-price
9
Q
What is GSA Standard Form 30 (SF30)?
- Annual Bid Bond
- U.S. Government Purchase Order
- Solicitation Offer and Award
- Amendment of Solicitation/Modification of Contract
A
Correct: Amendment of Solicitation/Modification of Contract
10
Q
In which of the following cases may an agency consider an unsolicited proposal on a sole source basis?
- The proposal is for research, and justification and approval have been obtained
- The proposal closely resembles a pending competitive acquisition requirement
- The substance of the proposal is available from another source without restriction
- The proposal does not contain cost-related or price-related information
A
Correct: The proposal is for research, and justification and approval have been obtained
11
Q
Which of the following terms means a list of products that have been examined and tested, and have satisfied all applicable requirements?
- Evaluated products list
- Procurement list
- Qualified products list
- Federal Supply Schedule
A
Correct: Qualified products list
12
Q
If market research indicates that commercial or nondevelopmental items might not be available to satisfy agency needs, what shall the agency do?
- Solicit and award a contract for a developmental item
- Reevaluate the need and determine whether the need can be restated to permit commercial or nondevelopmental items to satisfy the agency’s need
- Order a similar item from a GSA schedule and modify it to fit the agency’s need
- Cancel the agency’s requirement
A
Correct: Reevaluate the need and determine whether the need can be restated to permit commercial or nondevelopmental items to satisfy the agency’s need
13
Q
Which of the following is an inherently governmental function?
- Transporting a prisoner to a Federal prison
- Conducting a community relations campaign
- Interviewing applicants for Federal employment
- Providing legal advice to Government officials
A
Correct: Interviewing applicants for Federal employment
14
Q
Which of the following is not a required element in a Broad Agency Announcement?
- A description of the agency’s research interest
- An estimate of the level of effort required
- The criteria by which proposals will be selected
- The period of time during which proposals will be accepted
A
Correct: An estimate of the level of effort required
15
Q
Which agency resolves questions on whether a technology qualifies for SAFETY Act protections?
- Department of Homeland Security
- Department of Defense
- General Services Administration
- Department of State
A
Correct: Department of Homeland Security
16
Q
In which of the following cases may a time-and-materials contract be used?
- The contracting officer determines that certified cost or pricing data is not required for price reasonableness.
- The contracting officer determines that the contract type if fair and reasonable.
- The contracting officer determines that the contract type is the best value.
- The contracting officer prepares a determination and findings that no other contract type is suitable.
A
Correct: The contracting officer prepares a determination and findings that no other contract type is suitable.
17
Q
Which of the following is not a reason to use a liquidated damages clause in a solicitation?
- A negative performance incentive for timely delivery or performance is needed
- The Government may reasonably expect to suffer damage if the delivery is delinquent
- Timely performance is so important that the Government will suffer damage if performance is delinquent
- The extent of the damage expected by the Government cannot be accurately estimated
A
Correct: A negative performance incentive for timely delivery or performance is needed
18
Q
What is buying-in?
- Providing a thing of value to a contractor for the purpose of improperly obtaining favorable treatment in connection with a contract
- Dividing the market, so that certain competitors bid low only for contracts awarded by certain agencies or in certain geographical areas
- Purchasing additional supplies or services called for in a contract, within a specified period of time, by exercising a right in the contract
- Submitting an offer below anticipated costs, expecting to increase the contract amount after award or to receive follow-on contracts at higher prices
A
Correct: Submitting an offer below anticipated costs, expecting to increase the contract amount after award or to receive follow-on contracts at higher prices
19
Q
For research and development work performed under a cost-plus-fixed-fee contract, what is the maximum fee that may be negotiated?
- 15 percent of the contract’s estimated cost, excluding fee
- 25 percent of the contract’s estimated cost, including fee
- 1000000
- Any amount that the Government determines is fair and reasonable
A
Correct: 15 percent of the contract’s estimated cost, excluding fee
20
Q
Which of the following contract types would be most appropriate for acquisition of a commercial item?
- Time-and-materials
- Firm-fixed-price
- Labor-hour
- Cost-sharing
A
Correct: Firm-fixed-price
21
Q
Except for copyrighted works, what rights does the Government acquire in data first produced in the performance of a federal procurement contract?
- Reserved rights
- Limited rights
- Unlimited rights
- None—the contractor retains all rights in the data
A
Correct: Unlimited rights
22
Q
Which of the following is true about the priority of DPAS-rated orders?
- DO-rated orders take preference over DX-rated orders, and both take preference over unrated orders
- DX-rated orders take preference over DO-rated orders, and unrated orders take preference over both
- DO-rated orders have equal preference with other DO-rated orders
- DX-rated orders have equal preference with unrated orders
A
Correct: DO-rated orders have equal preference with other DO-rated orders
23
Q
What is the purpose of first article testing and approval?
- To ensure that a prospective contractor is responsible
- To test and approve an item during research and development
- To ensure than an item can be placed on a qualified products list
- To ensure that a contractor can furnish a product that conforms to all contract requirements for acceptance
A
Correct: To ensure that a contractor can furnish a product that conforms to all contract requirements for acceptance
24
Q
What is the difference between a personal services contract and a nonpersonal services contract?
- Under a personal services contract, the personnel rendering the services appear to be subject to government supervision and control
- Under a nonpersonal services contract, the tools and equipment used are supplied by the government
- Under a personal services contract, any overtime accrued by the personnel rendering the services will not be compensated
- Personal services contracts are used for a small number of personnel, and nonpersonal services contracts are used for a large number of personnel
A
Correct: Under a personal services contract, the personnel rendering the services appear to be subject to government supervision and control
25
What is a CPSR and what is its purpose?
- Contractor Pricing System Review; to ensure that a contractor is correctly and accurately applying dollar thresholds in its pricing
- Contractor Purchasing System Review; to evaluate the efficiency and effectiveness with which the contractor spends Government funds
- Counterfeit Part Surveillance Report; to detect and avoid the use of parts which have been misrepresented or unlawfully reproduced
- Contractor Program Status Register; to record the price, quality, delivery, and technical and financial capabilities of competing vendors
Correct: Contractor Purchasing System Review; to evaluate the efficiency and effectiveness with which the contractor spends Government funds
26
Which of the following is a true statement about the role of the Acquisition Team?
- The authority to make decisions shall generally be vested in the highest level within the FAR system
- The Government usually does not provide training for Government participants on the Team
- The procurement policies and procedures that are used by members of the Acquisition Team are outlined in the FAR
- If a policy or procedure is not specifically addressed in the FAR, the Acquisition Team should assume that it is prohibited
Correct: The procurement policies and procedures that are used by members of the Acquisition Team are outlined in the FAR
27
The process of establishing a reasonable amount to be paid for supplies or services is called what?
- Cost analysis
- Pricing
- Solicitation
- Source selection
Correct: Pricing
28
Which of the following public relations or advertising costs would be unallowable?
- Responding to inquiries on company policies
- Participating in community service activities
- Providing a tour or open house of a facility
- Hosting a ceremony to announce a new product
Correct: Hosting a ceremony to announce a new product
29
Who is generally responsible for granting approval of a contractor’s purchasing system?
- The prime contractor
- The procuring contracting officer
- The fee-determining official
- The administrative contracting officer
Correct: The administrative contracting officer
30
In an acquisition plan, which of the following is a responsibility of the agency head (or the agency head’s designee)?
- Encouraging offerors to supply developmental items whenever practicable
- Promoting and providing for full and open competition
- Ensuring that acquisition planners employ bundling to the maximum extent possible
- Designating and authorizing a COR
Correct: Promoting and providing for full and open competition
31
If the contracting officer receives only one acceptable offer at a reasonable price from a responsible small business concern in response to a set-aside, the contracting officer should ...
- perform market research to avoid "bundling."
- resolicit without the set-aside restriction for "full and open competition."
- seek additional small business offers under the "rule of two."
- make an award to that firm
Correct: make an award to that firm.
32
Which of the following is the Government permitted to do after receipt of proposals?
- Reveal the names of individuals providing reference information about an offeror’s past performance
- Consider revisions to an offeror’s proposal after that proposal has been eliminated
- Make an award without holding discussions, if the solicitation says this is intended
- Make an award without documenting the source selection decision
Correct: Make an award without holding discussions, if the solicitation says this is intended
33
Which of the following is true about acquisitions for which the World Trade Organization Government Procurement Agreement applies?
- The contracting officer must not include technical requirements in solicitations solely to preclude the acquisition of eligible products
- Least developed country end products, construction material, and services shall not be treated as eligible products
- Only U.S.-made or designated country end products shall be acquired, unless offers for such end products are either not received or are insufficient to fulfill the requirements
- The dollar value of the acquisition is not a determining factor in the applicability of trade agreements
Correct: The contracting officer must not include technical requirements in solicitations solely to preclude the acquisition of eligible products
34
Which of the following is NOT an example of information technology?
- A building's digital thermostat
- A computer hard drive
- Software development
- A modem
Correct: A building's digital thermostat
35
What is required when a change order is not forward priced?
- A Limitation of Funds clause
- An agreement that the contractor will stop work
- Documentation of the change order and an agreement to an equitable adjustment in contract terms
- Only that the change order be documented
Correct: Documentation of the change order and an agreement to an equitable adjustment in contract terms
36
When evaluating a proposal, what rating method is an agency required to use to assess the evaluation factors specified in the solicitation?
- Adjectival or color ratings
- A numerical weighting system
- A combination of numerical weights and ordinal rankings
- The agency may use any method or combination of methods
Correct: The agency may use any method or combination of methods
37
Which of the following is a technique used to promote the early exchange of information with industry?
- Oral presentations
- Contract evaluation
- Market research
- Source selection
Correct: Market research
38
Which of the following does NOT justify the use of emergency acquisition flexibilities?
- The acquisition is in support of a contingency operation
- The acquisition is to facilitate the defense against a nuclear attack against the United States
- The acquisition is to replace Government property that was involved in a crime
- The President has issued a major disaster declaration
Correct: The acquisition is to replace Government property that was involved in a crime
39
Which of the following would be necessary for sealed bidding to be appropriate?
- Discussions with the responding offerors are required
- There is a reasonable expectation of receiving only one bid
- A very limited amount of time is available to evaluate bids
- The award will be made on the basis of price and price-related factors
Correct: The award will be made on the basis of price and price-related factors
40
Which is NOT true of state and local taxes on federal purchases and leases?
- Generally, the federal government is immune.
- Where exemptions exist, the contracting officer must take advantage of them.
- Subcontractor purchases of commercial products under federal prime contracts are always immune to state and local taxes.
- Contractors and subcontractors must consult with the agency when there are exemptions that may apply.
FAR Part 29
Subcontractor purchases of commercial products under federal prime contracts are always immune to state and local taxes.
41
Which of the following functions are normally delegated from the Contracting Officer to the Contract Administration Office (CAO)?
- auditing the financial and accounting aspects of the contractor’s cost control systems
- post-award administrative functions
- adjudicating claims under the Disputes clause
- deciding agency bid protests
FAR Part 42
post-award administrative functions
42
The obtaining of opinions, special knowledge, or skills from noted experts would be included in what kind of service?
- Performance-based service
- Advisory and assistance service
- Continuing service
- Expert assistance service
Correct: Advisory and assistance service
43
Who is authorized to execute contract modifications on behalf of the Government?
- Only a contracting officer acting within the scope of his or her authority
- Only the COR
- Only the head of the contracting agency
- Any contracting officer
Correct: Only a contracting officer acting within the scope of his or her authority
44
A cash fund of fixed amount established by an advance of funds, for disbursement in cash for relatively small amounts is called what?
- Imprest fund
- Petty cash
- Voucher
- Third-party draft
Correct: Imprest fund
45
A mineral required for production in performance of a contract is not mined in the United States, but can be acquired from another country. How does the Buy American statute apply in this case?
- The mineral must be acquired from a domestic supplier
- The mineral is considered a foreign end product
- Performance of the contract must be stopped until a domestic substitute becomes available
- The mineral may be acquired from a foreign source if it is in the best interest of the Government
Correct: The mineral may be acquired from a foreign source if it is in the best interest of the Government
46
A defense subcontractor provides a gift of vehicles to a prime contractor, and in return the prime contractor awards the subcontractor a valuable military subcontract. Which of the following is true?
- The prime contractor and the subcontractor are subject to civil and criminal penalties
- The prime contractor is subject to civil penalties, but not criminal penalties
- The subcontractor, but not the prime contractor, is subject to civil or criminal penalties
- The prime contractor and the subcontractor are not subject to civil penalties
Correct: The prime contractor and the subcontractor are subject to civil and criminal penalties
47
The Government’s policy is to try to resolve all contractual issues in controversy by what?
- Mutual agreement at the contracting officer’s level
- Procedures other than alternative dispute resolution
- Unilateral agreement by the contracting agency
- Mutual agreement at the Executive level
Correct: Mutual agreement at the contracting officer’s level
48
A failure in estimating, accumulating, or reporting costs to comply with applicable cost accounting standards is called what?
- Deviation
- Nonconformity
- Noncompliance
- Digression
Correct: Noncompliance
49
Who is responsible for printing, publishing, and distributing the Federal Acquisition Regulation
- The DAR Council and CAA Council, jointly
- The FAR Secretariat, as authorized by GSA
- A FAR Representative authorized by the Secretary of Defense
- The Administrator of General Services
Correct: The FAR Secretariat, as authorized by GSA
50
Which of the following is true during a disaster or emergency response?
- Preference is given to local businesses.
- The micro-purchase threshold may be applied to all related acquisitions.
- When transitioning work to local businesses, agencies will automatically be required to cancel or renegotiate existing contracts to accommodate the emergency response.
- Written justifications are not required.
Correct: Preference is given to local businesses.
51
If hazardous materials are expected to be used during contract performance, what must the apparent successful offeror do prior to contract award?
- Make all reasonable efforts to procure nonhazardous materials instead
- Make a list of the hazardous materials to be used available to the public
- Furnish hazardous material data on a Material Safety Data Sheet
- Require bonding and insurance during performance of the contract
Correct: Furnish hazardous material data on a Material Safety Data Sheet
52
If a prospective contractor is qualified and eligible to receive an award, but lacks adequate financial resources to perform the contract, can the contractor be determined responsible?
- The contractor shall be determined responsible
- The contractor shall be determined nonresponsible
- If the contractor presents evidence of the ability to obtain adequate financial resources, the contractor may be determined responsible
- If the contractor is a small business, the contractor shall be determined responsible
Correct: If the contractor presents evidence of the ability to obtain adequate financial resources, the contractor may be determined responsible
53
For a contract exceeding the simplified acquisition threshold, an offeror (other than an individual) that does not agree to provide a drug-free workplace is what?
- Subject to suspension or debarment
- Eligible only for contracts of 30 days duration or less
- Not considered a responsible source
- Required to inform the Government of drug abuse violations that have occurred
Correct: Not considered a responsible source
54
Which of the following is true about size standards?
- The size standards established by the SBA are universal for all industries
- NAICS codes are updated by OMB every year
- Application of size standards includes specifying the size standard in the solicitation
- A new NAICS code can be used for up to 12 months before SBA issues a size standard for it
Correct: Application of size standards includes specifying the size standard in the solicitation
55
An indefinite-quantity contract is best used when:
- a recurring need is anticipated.
- engineering and design services are needed.
- for research and development efforts.
- for development and production.
Correct: a recurring need is anticipated.
56
What law specifies how agencies shall make their records available upon public request, imposes strict time standards for agency responses, and exempts certain records from public disclosure?
- Privacy Act of 1974
- Federal Records Act
- Freedom of Information Act
- Paperwork Reduction Act
Correct: Freedom of Information Act
57
Which of the following types of taxes are allowable contractor costs?
- Federal, State, and local taxes.
- Taxes from which exemptions are available to the contractor directly.
- Taxes in connection with financing and refinancing.
- Federal income and excess profits taxes.
Correct: Federal, State, and local taxes.
58
What can a contractor access online at www.sam.gov?
- DataBank
- Contract Opportunities
- Entity Information
- All of the above
FAR Part 4
- All of the above
59
The unilateral right in a contract by which the Government may elect to purchase additional supplies or services called for by the contract is called what?
- Extension
- Continued portion
- Modification
- Option
Correct: Option
60
According to FAR Part 11.502 Procedures, what must be included in construction contracts with liquidated damages provisions?
- The liquidated damages clause should specify the specific milestones for the assessment of liquidated damages.
- The liquidated damages clause should outline the consequences of non-payment of liquidated damages.
- The liquidated damages clause will include a provision for extending the contract completion date.
- The liquidated damages clause must describe the rate(s) of liquidated damages assessed per day of delay, including the estimated daily cost of Government inspection, superintendence, and other associated expenses.
FAR Part 11.502
The liquidated damages clause must describe the rate(s) of liquidated damages assessed per day of delay, including the estimated daily cost of Government inspection, superintendence, and other associated expenses.
61
Which of the following is not a method for simplified acquisition?
- Blanket purchase agreement
- Governmentwide commercial purchase card
- Advance agreement
- Purchase order
Correct: Advance agreement
62
Each acquisition of supplies or services that has an anticipated dollar value above the ______________, but not over the ___________, shall be set aside for small business unless the contracting officer determines there is not a reasonable expectation of obtaining offers from two or more responsible small business concerns that are competitive in terms of fair market prices, quality, and delivery.
- advance payment threshold; simplified acquisition threshold
- micro-purchase threshold; simplified acquisition threshold
- simplified acquisition threshold; truthful cost or pricing threshold
- small business threshold; large business threshold
Correct: micro-purchase threshold; simplified acquisition threshold
63
In holding discussions with each offeror within the competitive range, which of these improvement areas is the contracting officer NOT required to discuss?
- Every area in which the proposal could be improved.
- Adverse past performance information to which the offeror has not yet had a chance to respond.
- Significant weaknesses.
- Deficiencies
15.306
- Every area in which the proposal could be improved.
64
Simplified acquisition methods include the following except:
- Purchase orders
- Blanket purchase agreements
- Government-wide commercial purchase cards
- Advance agreements
FAR 13
Advance agreements
65
Which of the following are the two types of contract modifications?
- Supplemental and Bilateral
- Bilateral and Unilateral
- Substantive and Bilateral
- Unilateral and Substantive
FAR 43
Bilateral and Unilateral
66
Which of the following is NOT an example of permissible contract financing?
- Progress Payments.
- Loan Guarantees.
- Advance Payments.
- Direct Loans.
FAR 32
- Direct Loans.
67
What is a form of security assuring that the bidder- (1) Will not withdraw a bid within the period specified for acceptance; and (2) Will execute a written contract and furnish required bonds, including any necessary coinsurance or reinsurance agreements, within the time specified in the bid, unless a longer time allowed, after receipt of the specified forms?
- Penal sum
- Irrevocable letter of credit
- Bid guarantee
- Performance bond
FAR 28.101
Performance bond
68
Cost or pricing data means...
- all facts that, as of the date of price agreement, or, if applicable, an earlier date agreed upon between the parties that is as close as practicable to the date of agreement on price, prudent buyers and sellers would reasonably expect to affect price negotiations significantly.
- all judgmental information that prudent buyers and sellers would expect about the expected costs of the contract.
- all facts that affect the cost experience of the seller as of the date of completion.
- any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.
FAR 15.403
- all facts that, as of the date of price agreement, or, if applicable, an earlier date agreed upon between the parties that is as close as practicable to the date of agreement on price, prudent buyers and sellers would reasonably expect to affect price negotiations significantly.
69
Which of the following contract types places the most cost risk on the Buyer:
- Firm Fixed Price
- Time and Materials
- Requirements Contract
- Cost Plus Fixed Fee
FAR 16.306
Cost Plus Fixed Fee
70
What law specifies that no laborer or mechanic doing any part of the work contemplated by the contract shall be required or permitted to work more than 40 hours in any work week unless paid for all additional hours at not less than 1 ½ times the basic rate?
- Davis-Bacon Act.
- Federal Workweek Act.
- Copeland Act.
- Contract Work Hours and Safety Standards Act.
FAR 22.3
- Contract Work Hours and Safety Standards Act.
71
The Contracting Officer shall presume that all data delivered under a contract for commercial products
- were developed exclusively at private expense.
- are non-technical in nature.
- are delivered with unlimited rights to the Government.
- will have to be paid for separately.
FAR 27.404-2
were developed exclusively at private expense.
72
ABC Construction Company has been awarded a federal government contract to build a new community center. The project involves various subcontractors and suppliers who will contribute to different aspects of the construction. To comply with FAR Part 28.103-3, ABC Construction Company is required to obtain a payment bond. How does the payment bond in accordance with FAR Part 28.103-3 benefit the subcontractors and suppliers in the scenario?
- It guarantees that the government will cover any cost overruns in the project.
- It assures payments as required by law to all persons supplying labor or material in the prosecution of the work provided for in the contract.
- It secures performance and fulfillment of the contractor’s obligations under the contract.
- It allows subcontractors and suppliers to take over the project if the prime contractor faces delays.
FAR Part 28.103-3
- It assures payments as required by law to all persons supplying labor or material in the prosecution of the work provided for in the contract.
73
A special form of written approval by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is called
- Contract modification
- Determination and Findings
- Signature authority
- Unilateral contract approval
FAR 1.7
Determination and Findings
74
In terms of being a responsible government contractor, any prime contractor that provides Government property to a subcontractor...
- is relieved of responsibility upon acceptance of the property by the subcontractor.
- remains responsible only for Government property valued at more than $100,000.
- is responsible only for loss due to gross negligence.
- is still responsible for the property in accordance with the terms of the prime contract.
FAR 45
- is still responsible for the property in accordance with the terms of the prime contract.
75
Except for the acquisition of commercial items, agencies shall allow at least __ days response time for receipt of bids or proposals from the date of issuance of a solicitation, if the contract action is expected to exceed the simplified acquisition threshold.
- 10 days
- 15 days
- 20 days
- 30 days
FAR 12.205
- 30 days
76
Contractors’ arrangements to pay contingent fees for soliciting or obtaining Government contracts have long been considered contrary to public policy because:
- It violates the the Truthful Cost and Pricing statute.
- It indicates a contractor is attempting bribery to obtain the contract.
- Such arrangements may lead to attempted or actual exercise of improper influence.
- The costs of contingent fees cannot be passed back to the Government.
FAR 3.4
- Such arrangements may lead to attempted or actual exercise of improper influence.
77
Government contracts personnel may use liquidated damages clauses only when
- it is the first Government contract received by a contractor.
- time for delivery is not essential.
- the order is for a Department of Defense Agency.
- time for delivery or performance is critical.
FAR 11.5
- time for delivery or performance is critical.
78
These are limited exchanges between the Government and offerors, that may occur when award without discussions is contemplated:
- Communications
- Interchanges
- Negotiations
- Clarifications
FAR 15.306
- Clarifications
79
Submitting an offer below anticipated costs and expecting to increase the contract amount after award, is called:
- A kickback
- Contingent fees
- A micro-purchase
- Buying-in
FAR 3.50
- Buying-in
80
What term is described by the following: The process by which efforts of all personnel responsible for an acquisition are coordinated and integrated through a comprehensive plan for fulfilling the agency need in a timely manner at a reasonable cost. It includes developing the overall strategy for managing the acquisition.
- Acquisition Planning
- Describing Agency Needs
- Researching the Market
- Team Coordinating
FAR 7
- Acquisition Planning
81
What should the Contracting Officer describe in a performance work statement for a performance-based acquisition?
- The number of hours to be provided.
- How the work is to be accomplished.
- The design specification to be followed when performing the service.
- The work in terms of the required results.
FAR 37.602
- The work in terms of the required results.
82
Which of the following is not prohibited under the Prohibition on Contracting for Certain Telecommunications and Video Surveillance?
- A contractor using a covered telecommunications system as long as it is not used in the performance of a federal contract.
- Extending an existing contract that contains covered telecommunication equipment.
- Entering into a contract that is 30 days or fewer to use a system that uses covered telecommunications equipment.
- Providing a service that connects to the facilities of a third-party, such as backhaul, roaming, or interconnection arrangements.
FAR 4.2
- Providing a service that connects to the facilities of a third-party, such as backhaul, roaming, or interconnection arrangements.
83
olicitations for commercial items shall require offerors to offer the Government
- the same warranty terms offered to the general public.
- an extended warranty.
- warranties that exceed those offered to the general public.
- warranties tailored to the Government's specific needs.
FAR 12.404
- the same warranty terms offered to the general public.
84
What does the Contract Dispute Act, as outlined in FAR Part 33, cover?
- Personal disputes between employees of the contracting parties.
- Disagreements regarding contract prices in commercial contracts.
- Resolution of claims and disputes arising under government contracts.
- Legal actions related to intellectual property rights of contractors.
FAR Part 33
- Resolution of claims and disputes arising under government contracts.
85
Who is generally responsible for determining a subcontractor's responsibility?
- The Administrative Contracting Officer.
- The prime contractor.
- The Preaward Survey Official.
- The Procuring Contracting Officer.
FAR 9.104-4
- The prime contractor.
86
Which of the following is NOT a reason to contract for Advisory and Assistance services?
- Obtain outside points of view to avoid too limited judgment on critical issues.
- Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials
- Support and improve the operation of organizations.
- Ensure the more efficient or effective operation of managerial or hardware systems.
FAR 37.2
- Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials
87
_______________ contracts are characterized by the employer-employee relationship it creates between the Government and the contractor’s personnel.
- Personal services
- Non-personal services
- Performance Based Services
- Advisory and Assistance Services
FAR 37.104
Personal services
88
The government's preferred remedy when terminating a contract for a commercial item for cause will be
- to acquire similar items from another contractor and to charge the defaulted contractor with any excess reprocurement costs.
- to acquire similar items from another contractor and to ask the new contractor to absorb any excess reprocurement costs.
- to cancel the requirement.
- to acquire similar items from a subcontractor and to charge the defaulted contractor with any excess reprocurement costs.
FAR 12.403
- to acquire similar items from another contractor and to charge the defaulted contractor with any excess reprocurement costs.
89
Performance-based contracts
- can only be used in conjunction with Government specifications.
- specify procedures for methods of work and type of materials to be used.
- use measurable performance standards and quality assurance surveillance plans.
- describe the requirements in terms of costs incurred rather than the methods of performance of the work.
FAR 16.402-2
use measurable performance standards and quality assurance surveillance plans.
90
hen the time of delivery or timely performance is so important that the Government may reasonably expect to suffer damage if the delivery or performance is delinquent; and the extent or amount of such damage would be difficult or impossible to estimate accurately or prove, then what type of assessment may occur?
- Profit readjustments
- Incentive penalties
- Delivery recoupments
- Liquidated damages
FAR 11.5
- Liquidated damages
91
Which of the following is allowed as it relates to forms?
- Altering a standard form
- Using a form other than a standard form to achieve the same purpose
- Computer generating most forms without approval.
- Using outdated forms.
FAR 53
Computer generating most forms without approval.
92
Which of the following contract modifications needs to be signed by both the contractor and the contracting officer?
- A termination notice
- An agreement definitizing a letter contract
- A change authorized by the Options clause
- An administrative change
Correct: An agreement definitizing a letter contract
93
Which of the following shall not be made available to a member of the public under the Freedom of Information Act?
- A statement made by a contracting officer to a mediator to resolve a dispute
- A complaint received by the FCC about an inappropriate television broadcast
- An FBI report profiling the suspect in an unsolved crime
- An agreement giving a photographer access to photograph military assets
FAR 24
- An agreement giving a photographer access to photograph military assets
94
In the following reference, the “2” in “203” refers to the _____: FAR 52.203-7 Anti-Kickback Procedures
- Part
- Subpart
- Section
- Subsection
Correct: Subpart
95
Which of the following is a true statement about suspension and debarment?
- Debarment excludes a contractor from government contracting for a specified period, and suspension temporarily disqualifies a contractor from government contracting.
- Debarment permanently excludes a contractor from government contracting, and suspension temporarily excludes a contractor from government contracting.
- Debarment and suspension are both punitive measures taken by the Government against a contractor.
- Debarment is a temporary exclusion from government contracting lasting more than three years, and suspension is a temporary exclusion from government contracting lasting less than three years.
Correct: Debarment excludes a contractor from government contracting for a specified period, and suspension temporarily disqualifies a contractor from government contracting.
96
If the information collected is still current, accurate, and relevant, a contracting officer may use market research conducted up to how long before the award of a task or delivery order?
- 24 months
- 6 months
- One year
- 18 months
18 months
97
A contractor's arrangement to pay contingent fees for soliciting or obtaining Government contracts is considered contrary to public policy. Which of the following statements explains why?
- Such an arrangement violates the Truthful Cost or Pricing Data statute
- It indicates a contractor is attempting to use bribery to obtain the contract
- Such arrangements may lead to attempted or actual exercise of improper influence
- The costs of contingent fees cannot be passed back to the Government
Correct: Such arrangements may lead to attempted or actual exercise of improper influence
98
Which of the following contract types provides a base fee plus an additional amount which is based on a judgmental evaluation by the Government of the quality of contract performance?
- Cost-plus-incentive fee
- Cost-plus-award fee
- Cost-plus-fixed fee
- Cost-plus-evaluation fee
Correct: Cost-plus-award fee
99
Which of the following is true about the use of government sources by contractors?
- The government often authorizes it under fixed price contracts.
- It cannot flow down to subcontractors.
- Contractors can only order items required in the performance of their contracts.
- Property acquired by the contractor under the contracting officer’s authorization shall automatically vest in the contractor.
Correct: Contractors can only order items required in the performance of their contracts.
100
Except as authorized by law, what is the maximum term of contracts for severable services that are funded by annual appropriations?
- 100 days
- Five years
- Until the end of the fiscal year of the appropriation
- There is no maximum specified by the FAR
Correct: Until the end of the fiscal year of the appropriation
101
Which official is responsible for reviewing an agency's contracting operations and identifying and reporting opportunities and actions taken to acquire commercial items to meet its needs?
- The agency advocate for competition
- The senior procurement executive
- The Chief Acquisition Officer
- The acquisition review specialist
- The agency advocate for competition
102
A contractor receives a refund relating to an allowable cost. What shall the contractor do with the applicable portion of the refund?
- The contractor must credit it to the Government as a cost reduction
- The contractor must refund it to the Government in cash
- The contractor may credit it to the Government either as a cost reduction or a cash refund
- The contractor may apply it to another allowable cost
Correct: The contractor may credit it to the Government either as a cost reduction or a cash refund
103
Except with the approval of the head of the agency, in which of the following cases shall a contract for construction of a project not be awarded?
- The offeror has not inspected the work site
- The offeror is the firm that designed the project
- The offeror has incurred substantial expense in preparing its offer
- The offeror is an individual and not a partnership or corporation
Correct: The offeror is the firm that designed the project
104
contractor transfers its right to be paid by the Government for contract performance to a trust company. What is this called?
- Novation
- Refinancing agreement
- Assignment of a claim
- Charging off
Correct: Assignment of a claim
105
Drawings submitted by a contractor to show the construction of a particular structure as actually completed under the contract are called what?
- Plans
- Specifications
- Design drawings
- Record drawings
Correct: Record drawings
106
Which is not one of the two types of Value-Engineering approaches?
- Incentive approach
- Teaming approach
- Mandatory program
- None of the above
FAR Part 48
Teaming approach
107
Which of the following is true about postaward notifications to offerors whose proposals were not selected for award?
- The notice must be provided within three days of contract award, and shall not contain the number of proposals received
- The notice must be provided within 10 days of contract award, and shall contain the number of offerors solicited
- The notice shall inform the offeror that further proposal revisions will be accepted
- The notice must be provided within three days of contract award, and shall not contain the cost breakdown of any other offeror
Correct: The notice must be provided within three days of contract award, and shall not contain the cost breakdown of any other offeror
108
When requesting information from potential sources in market research, which of the following should agencies do?
- Request the minimum amount of information necessary
- Request as much information as possible
- Request a priced offer for determination of competitiveness
- Request a statement that the source is capable of performing the requested work
Correct: Request the minimum amount of information necessary
109
Which of the following is not a function of the General Services Administration?
- Provides digital pricing tools to help federal contracting officers and others find awarded prices to use in negotiations
- Management of U.S. Federal property
- Allows federal agencies to acquire a wide range of commercial products, services, and software solutions from pre-approved vendors using a Multiple Award Schedule
- Procurement Innovation Resource Center which provides guidance and tools to assist the GSA acquisition team with incorporating innovation into procurements
- Administers foreign aid programs and humanitarian assistance to federal agencies.
FAR Part 41.203
????? Management of U.S. Federal property
110
To the maximum extent practicable, FAR Part 37 requires the use of what for acquisitions of services?
- Negotiated extensions to existing contracts
- Multiyear contracts
- Cost-reimbursement contracts
- Performance-based acquisition
Correct: Performance-based acquisition
111
Which statute applies to a contract for the dismantling, demolition, or removal of improvements under FAR Part 37.301, unless further construction work is intended at that location?
- The Service Contract Labor
Standards statute.
- The Davis-Bacon Act.
- The Walsh-Healey Public Contracts Act.
- The Fair Labor Standards Act.
FAR Part 37.301
The Service Contract Labor
Standards statute.
112
When a make-or-buy program is required of a contractor, how should major items be categorized?
- “Can-make,” “can-buy,” or “can make or buy”
- “Shall make” or “shall buy”
- “Must make,” “must buy,” or “can either make or buy”
- “Raw material,” “commercial item,” or “off-the-shelf item”
Correct: “Must make,” “must buy,” or “can either make or buy”
113
A legal instrument in which a contractor guarantees performance of the contract, the obligations under the contract are assumed by a successor in interest, and the government recognizes the transfer of the contract and related assets is called what?
- Assignment
- Change-of-name agreement
- Transfer agreement
- Novation agreement
Correct: Novation agreement
114
When should the contracting officer charge interest on the balance of an advance payment?
- When the contract is for research and development
- For all contracts, except when interest is excluded by statute or agency procedures
- Only under cost-reimbursement contracts with state or local governments
- Always
Correct: For all contracts, except when interest is excluded by statute or agency procedures
115
Any Federal agency having a requirement for utility services within an area covered by an General Services Administration areawide contract shall acquire services under that areawide contract unless
- the agency had previously had its utilities disconnected due to nonpayment.
- the utilities are available in direct current.
- the agency approves an inter-agency agreement.
- service is available from more than one supplier.
FAR Part 41.102
?????? - service is available from more than one supplier.
116
A contract that is awarded using other than sealed bidding procedures is what?
- A sole source contract
- A negotiated contract
- Always the best value for the Government
- Not described in the FAR
Correct: A negotiated contract
117
Which of the following scenarios requires posting an RFQ on e-Buy?
- When the order consists of brand name specifications.
- When using sole source procurement methods only.
- When utilizing blanket purchase agreements (BPAs).
- When the order is not being placed against a GSA schedule.
FAR Part 8.404-6
????? When the order is not being placed against a GSA schedule.
118
What is the minimum amount of information that a request for proposals for competitive acquisitions shall contain?
- The government’s requirement and the information required to be in the offeror’s proposal
- The government’s requirement, the anticipated terms and conditions that will apply to the contract, the information required to be in the offeror’s proposal, and factors that will be used to evaluate the proposal
- The anticipated size of the proposal, the government’s requirement, the urgency of the requirement, the information required to be in the offeror’s proposal, and the factors that will be used to evaluate the proposal
- The type of contract contemplated, the government’s requirement, the information required to be in the offeror’s proposal, and the proposal due date and time
Correct: The government’s requirement, the anticipated terms and conditions that will apply to the contract, the information required to be in the offeror’s proposal, and factors that will be used to evaluate the proposal
119
In general, which of the following methods of contract financing is least preferred by the Government?
- Advance payment
- Customary progress payment
- Private loan
- Unusual progress payment
Correct: Advance payment
120
If the contractor does not have an approved purchasing system, and the agency awards a covered contract type, then consent to subcontract is required for...
- subcontracts for advisory and assistance services.
- subcontracts that exceed the micro-purchase threshold.
- cost-reimbursement, time-and-materials, labor-hour subcontracts or letter contracts and unpriced actions.
- all subcontracts.
FAR Part 44
cost-reimbursement, time-and-materials, labor-hour subcontracts or letter contracts and unpriced actions.
121
Which of the following acquisitions may not use the acquisition procedures of FAR Part 12?
- A purchase made directly from another Federal agency
- Acquisition of a commercial-off-the-shelf item
- Performance-based acquisition
- Acquisition based on the results of market research
Correct: A purchase made directly from another Federal agency
122
What is the term for the amount of money specified in a bond as the maximum payment for which the surety is obligated?
- Bonded amount
- Guaranteed amount
- Performance amount
- Penal amount
Correct: Penal amount
123
For agencies delegated authority to establish new Federal Supply Schedules, what must the contracting officer do prior to establishing such a contract?
- Obtain approval from the Office of Management and Budget
- Obtain advisory or assistance services
- Obtain approval from the GSA Federal Supply Service
- Obtain permission from the Administrator of General Services
Correct: Obtain approval from the GSA Federal Supply Service
124
Standard Form 44 is also known as what?
- Purchase Order—Invoice—Voucher
- Solicitation/Contract/Order for Commercial Items
- Continuation Sheet
- Lease for Real Property
Correct: Purchase Order—Invoice—Voucher
125
Which of the following contract types is generally used to acquire construction?
- Firm-fixed-price
- Fixed-price incentive
- Cost-reimbursement
- Cost-plus-fixed-fee
Correct: Firm-fixed-price
126
Under FAR Part 5, contract actions must be synopsized in the GPE if they exceed what amount?
- 15000
- 25000
- 100000
- The simplified acquisition threshold
Correct: 25000
127
In which FAR Part is the Uniform Contract Format outlined?
- Part 2
- Part 44
- Part 15
- Part 16
Correct: Part 15
128
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.
- $2 million; $7.5 million
- $3,500; $150,000
- $10,000; $250,000
- $750,000; $2 million
Correct: $750,000; $2 million
129
Which of the following is not part of an Integrated Baseline Review (IBR)?
- The ability of the project's technical plan to achieve the objectives of the scope of work.
- The degree to which the management process provides effective and integrated technical/schedule/cost planning and baseline control.
- The degree to which the competitive process assessed the full marketplace potential for the program.
- The availability of personnel and facilities to execute the program successfully.
Correct: The degree to which the competitive process assessed the full marketplace potential for the program.
130
A contractor infringes on a copyright with the authorization of the Government. What remedy is available to the copyright holder?
- A suit for monetary damages against the Government in the Court of Federal Claims
- An injunction against the Government, prohibiting use of the copyrighted material
- A suit for monetary damages against the contractor in a Federal court
- No relief is available to the copyright holder
Correct: A suit for monetary damages against the Government in the Court of Federal Claims
131
In the FAR citation "FAR 25.1102(a)(2)," what is referred to by the number 11?
- Section 11
- Subsection 25.11
- Subpart 25.11
- Paragraph 11
Correct: Subpart 25.11
132
Which of the following is necessarily true about a cost that is assignable or chargeable to one or most cost objectives on the basis of relative benefits received or other equitable relationship?
- The cost is reasonable
- The cost is allocable
- The cost is unallowable
- The cost is directly associated
Correct: The cost is allocable
133
Which of the following contract types allows for disallowing costs during the course of performance, after the costs have been incurred?
- Firm-fixed-price contract
- Indefinite-delivery contract
- Labor-hour contract
- Letter contract without a provision for cost reimbursement
Correct: Labor-hour contract
134
When it is in the best interest of the Government to consider award to other than the highest technically rated offeror, which of the following should the Government use to select the source?
- Lowest price technically available
- A tradeoff process
- Certified cost or pricing data
- Best value
Correct: A tradeoff process
135
Which FAR part prescribes policies and procedures for contracting for supplies and services under the Federal Supply Schedule program?
- Part 38
- Part 6
- Part 42
- Part 19
Correct: Part 38
136
Who is authorized to sign a contract on behalf of the United States?
- Only the contracting officer
- The contracting officer, or a representative appointed by the contracting officer
- Any representative of the procuring agency
- Only the senior procurement executive of the procuring agency
Correct: Only the contracting officer
137
Which FAR Part prescribes policies and procedures unique to the acquisition of commercial items?
- Part 15
- Part 23
- Part 5
- Part 12
Correct: Part 12
138
Except as specifically permitted by executive agencies, the fast payment procedure may not be used for individual purchasing instruments exceeding what amount?
$15,000
$75,000
$35,000
$10,000
Correct: $35,000
139
What is a Certificate of Competency?
- A certificate issued by the SBA stating that the holder is responsible, for the purpose of receiving and performing a specific Government contract
- A certificate issued by the SBA stating that the holder is eligible to receive any Government contract as long as the certificate is valid
- A certificate issued by a contracting officer, documenting that an apparently successful small business offeror is qualified for contract award
- A certificate issued by GSA stating that the holder meets all required qualifications to receive and perform GSA Schedule Contracts
Correct: A certificate issued by the SBA stating that the holder is responsible, for the purpose of receiving and performing a specific Government contract
140
How is the publication of a paid advertisement in a newspaper authorized?
- By the contracting officer, by contacting the newspaper or an advertising agency
- By the head of the agency, by giving written authorization
- By anyone designated by the head of the agency, and written authorization is not required
- By the Government Accountability Office
Correct: By the head of the agency, by giving written authorization
141
Agencies shall use simplified acquisition procedures to the maximum extent practicable...
- for all purchases of supplies or services exceeding the simplified acquisition threshold.
- for all purchases of supplies or services not exceeding the simplified acquisition threshold, including purchases at or below the micro-purchase threshold.
- for all purchases of supplies or services not exceeding the micro-purchase threshold.
- for all purchases of supplies or services between the micro-purchase threshold and the simplified acquisition threshold.
Correct: for all purchases of supplies or services not exceeding the simplified acquisition threshold, including purchases at or below the micro-purchase threshold.
142
What statute prohibits federal employees from creating or authorizing an obligation in excess of funds available or in advance of appropriations?
Anti-Deficiency Act
Clinger-Cohen Act
Advance Payment Act
National Defense Authorization Act
FAR 32.702
Anti-Deficiency Act
143
When Conducting Market Research, Agencies should request potential sources to submit:
- the maximum information necessary.
- a priced offer for competitiveness determination.
- generally only the minimum amount of information necessary.
- a general statement that they are capable of performing the requested work.
FAR 10
generally only the minimum amount of information necessary.
144
The statutory limit of profit on Cost Plus Fixed Fee (CPFF) contracts, except Research & Development efforts is:
10 percent
15 percent
6 percent
12 percent
FAR 15.404-4
10 percent
145
What is the minimum quantity that must be ordered under an Indefinite Delivery Indefinite Quantity (IDIQ) Contract?
- The minimum quantity must be more than a nominal quantity, but it should not exceed the amount that the Government is fairly certain to order.
- At least $500.
- No more than $100,000.
- There is no minimum since an IDIQ contract is not really a contract at all.
FAR 16.504
The minimum quantity must be more than a nominal quantity, but it should not exceed the amount that the Government is fairly certain to order.
146
When providing financing to a contractor, which of the following is the LEAST preferred method:
- Customary progress payments
- Advance payments
- Private loans
- Unusual progress payments
FAR 32
Advance payments
147
When a mistake in a contractor's bid is not discovered until after award, the mistake may be corrected by contract modification if...
- the bid was transmitted through an electronic commerce method authorized by the invitation for bids.
- correcting the mistake would be favorable to the Government without changing the essential requirements of the specifications.
- there is acceptable evidence to establish that it was received at the Government installation designated for receipt of bids.
- the bid was received at the Government office designated in the invitation for bids after the exact time specified.
FAR 14.407-4
correcting the mistake would be favorable to the Government without changing the essential requirements of the specifications.
148
Under FAR 11.6, the Defense Priorities and Allocations System (DPAS) is managed by the:
Department of Defense
Department of Energy
Department of Commerce
Department of Priority Allocation
FAR 11.6
????? Department of Commerce
149
During source selection it is an acceptable practice to:
- favor one offeror over another.
- reveal an offeror's price without that offeror's permission.
- inform an offeror that its price is considered too high.
- reveal the names of individuals providing reference information about an offeror.
FAR 15.306
????? - inform an offeror that its price is considered too high.
150
A system whereby the contracting officer receives authorization from a fiscal and accounting officer to obligate funds on purchase documents against a specified lump sum of funds reserved for the purpose for a specified period of time rather than obtaining individual obligation authority on each purchase document is
- a charge account.
- long lead funding.
- bulk funding.
- a blanket purchase agreement (BPA).
FAR 13.101
bulk funding.
151
The contracting officer shall review the contractor's request for overtime. CO approval of overtime premiums is required for which of the following contract types(s):
- Cost Reimbursable Contracts
- Fixed Price Contracts
- Time and Material and Labor Hour Contracts
- Incentive and Award Fee Contracts
FAR 16.6
Time and Material and Labor Hour Contracts
152
The process of independently reviewing and evaluating specific elements of each offeror's proposed cost estimate to determine whether the estimated proposed cost elements are realistic for the work to be performed is done when performing:
Cost Analysis
Cost Realism Analysis
Price Analysis
Price Realism Analysis
FAR 15.404-1
?????Cost Analysis
153
In what FAR Part will you find rules and policy on foreign acquisitions?
Part 25
Part 23
Part 5
Part 29
Part 25
154
The contracting officer may accept proposal revisions during
- discussions.
- fact finding.
- clarifications.
- communications to establish the competitive range.
FAR 15.307
- communications to establish the competitive range.
155
With respect to the evaluation of quotations or offers, solicitations for simplified acquisitions are:
- Required to state the relative importance of each evaluation factor and subfactor.
- Required to list significant subfactors.
-Not required to state the relative importance of each evaluation factor and subfactor.
-Not required to have evaluation factors.
FAR Part 13
?????- Required to list significant subfactors.
156
Which of the following contract types is prohibited by the Federal Acquisition Regulation for federal agencies and prime contractors?
- cost-plus-a-percentage-of-cost
- firm-fixed-price
-fixed-price incentive (successive targets)
-fixed-ceiling-price contract with retroactive price redetermination
FAR 16.102
cost-plus-a-percentage-of-cost
157
Which of the following is NOT required to be revealed during a post award debriefing?
- Evaluated technical score of the successful offeror.
- Evaluated price of all offerors.
- Evaluation of the unsuccessful offeror's proposal.
- Ranking of all offerors.
- All of the above
FAR 15.506
????? Evaluation of the unsuccessful offeror's proposal.
158
Options for increased quantities of supplies/services may NOT be expressed in terms of
- percentage of specific line items.
- increase in specific line items.
- additional numbered line items.
- a range of quantities for various line items.
FAR 17.2
????? - a range of quantities for various line items.
159
Which response best describes a letter contract?
- Normally a detailed, extensively written contractual instrument that authorizes a contractor to begin performance immediately.
- Normally a brief, written preliminary contractual instrument that authorizes a contractor to begin performance once pricing data is submitted.
- Normally a brief, written preliminary contractual instrument that authorizes a contractor to begin performance immediately.
- Normally a detailed, extensively written firm fixed priced contractual instrument that authorizes a contractor to begin performance immediately.
FAR 16.603
Normally a brief, written preliminary contractual instrument that authorizes a contractor to begin performance immediately.
