QUIZ 1 Flashcards
Market research is conducted during which phase of acquisition?
All phases of the acquisition
What is the use of a procedure that is inconsistent with the FAR?
Deviation
Simplified Acquisition Procedures (SAP) should:
Promote competition to the maximum extent practicable
What is the tool (form) used by DoD to apply a structured profit/fee?
DD Form 1547, Weighted Guidelines Method
What type(s) of contracts can be awarded when acquiring commercial items of supply?
Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment
When using invitations for bids (IFBs), what type(s) of contracts can be awarded?
Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment
Which of the following is correct regarding the DFARS Procedures Guidance and Information (PGI)?
The DFARS PGI is a companion resource to the DFARS
A program manager asked John whether a contract clause is only used in the contract or if it applies to the solicitation as well. John correctly answered by replying with which of the following statements?
A contract clause is a term or condition used in contracts, or in both solicitations and contracts, that applies after contract award or both before and after award
A contractor failed to deliver a commercial item within the time specified by the contract. As the Government contracting officer, you plan to terminate the contract. What type of termination would you proceed with?
Termination for Cause
See FAR 12.403(c)
How many parts are there in the FAR?
53
What is a Procurement Instrument Identifier (PIID)?
A unique number identifying each solicitation, contract, agreement, or order and related procurement instrument
See FAR 4.1600
The DoD Procurement Instrument Identifier (PIID) is 13 positions long. Position 9 identifies the type of instrument. If position 9 is a “D”, which of the following types of instruments is representative?
Indefinite-delivery contracts to include IDIQs and requirements contracts
You are reviewing a contract that utilizes the uniform contract format. In Section J you see an exhibit. How will the exhibit be displayed?
With one or two alpha characters (e.g., Exhibit AA)
Your customer comes to you anticipating a new requirement, one that has not been purchased recently. You’d like to refer them to the FAR part dealing specifically with market research. Which FAR part do you refer them to?
FAR part 10
Of the following types of contracts, which shall not be used in Government contracting?
Cost-plus-a-percentage-of-cost