Which FAR Part contains the ordering procedures for Federal Supply Schedules?

Part 8 - Required Sources of Supply

Which guide is a 5 volume set covering topics such as cost/price analysis, quantitative techniques, and negotiations?

The Contract Pricing Reference Guides (CPRG)

Which can be used to reduce the time to solicit using FAR Part 12?

A combined synopsis/solicitation

What is an acceptable purpose for conducting a pre-solicitation conference?

To exchange information with vendors about a future acquisition

What factors may impact the extent of market research that is conducted?

The size and complexity of the acquisition

Which method is encouraged to be used to resolve disputes, rather than filing a protest?

Resolving through the CO or ADR

Can the government direct the prime contractor's subcontractors?

No, the government does not have privity of contract with the subcontractor

What distinguishes FAR Part 12 solicitations from other types?

Acquiring goods and services available in the commercial marketplace

When promoting competition in procurements, which approach is the Government's least preferred?

Using other than full and open competition

What is the first mandatory source of services that must be considered?

Committee for Purchase From People Who Are Blind or Severely Disabled

What is a crucial step in the preparation of proposals by vendors?

Tailoring the proposal to address requirements outlined in the solicitation

Which of the following is true of an Independent Government Cost Estimate (IGCE)?

It is the projected and probable cost of a proposed acquisition

Which evaluation method is best for a requirement that is clearly definable and price is the dominant evaluation factor?

Lowest Price Technically Acceptable

What is the primary purpose of communicating with vendors prior to the issuance of a solicitation?

Exchange general information and keep a pulse on market trends.

Who should receive a solicitation amendment that is issued prior to the due date?

All prospective offerors known to have received the solicitation

Which situation would preclude a contract from being closed?

The contract is in litigation or under appeal

According to the FAR, what is the objective of source selection?

To select the proposal that represents the best value to the government

Which of the following is not a performance standard under the FAR Guiding Principles?

Ensure large businesses receive the majority of federal business

Which statement about contract debriefings is correct?

They must be provided to unsuccessful offerors upon their request.

What is the Economy Act?

lt allows federal agencies to buy goods/services from each other

When can a CO issue a solicitation amendment under Part 15?

Both before and/or after proposals are received

For readily available supplies with little variation, which evaluation method would you employ to meet agency needs?

Lowest price technically acceptable (LPTA)

A substantial amendment is needed after proposals are received. What should the CO consider?

Whether additional vendors may have proposed if they knew

What is the title of FAR Part 13?

Simplified acquisition procedures

Which of the following should NOT be discussed in a postaward debriefing?

Point-by-point comparison of the debriefed offeror against other offerors

Generally, the CO can not award a modification that results in an increase of funds without first receiving what?

Certification of availability of funds

Can the government permit a modification to a proposal after the submission date and time?

Yes, if it’s in the best interest and doesn’t prejudice others

What must the CO do with a late proposal?

Notify the offeror of the late proposal and whether it will be considered

At what dollar threshold are acquisitions automatically reserved for small business concerns?

Greater than the MPT but less than the SAT

Past performance evaluations of contractor performance shall be prepared for contracts over which threshold?

Simplified Acquisition Threshold

Which of the following is considered to be an inherently governmental function that a contractor should not perform?

Determining whether contract costs are reasonable, allocable, & allowable

In which situation would 'certified cost or pricing data' be required?

When a non-commerical product or service over the SAT is being acquired

studbud

Contracting Exam Challenge Games

100 termsStudBud Administration33 plays

The tool is an interactive study aid designed to help students prepare for the Contracting Certification Exam. It features 100 questions, with the option to engage in various games that make studying more engaging and fun. Students can test their knowledge, track progress, and reinforce key contracting concepts in an enjoyable way. The tool aims to enhance retention and boost confidence ahead of the exam.

Flashcards100 cardsFPractice quizPHost liveL

Questions 100

Answers

1
Which of the following is an exception to full and open competition?
Unusual and compelling urgency
A lack of planning by the requiring agency
Concerns related to the amount of funds available
Continuity of Services
2
Which FAR Part contains the ordering procedures for Federal Supply Schedules?
Part 8 - Required Sources of Supply
Part 15 - Contracting By Negotiation
Part 13 - Simplified Acquisition Procedures
Part 10 - Market Research
3
Which guide is a 5 volume set covering topics such as cost/price analysis, quantitative techniques, and negotiations?
The Contract Cost and Price Guides (CCPG)
The Reference Pricing Contract Guides (RPCG)
The Contract Pricing Reference Guides (CPRG)
The Contracting Professional Smart Guides (CPSG)
4
Which can be used to reduce the time to solicit using FAR Part 12?
A combined synopsis/solicitation
A synopsis
a Request for Information
The Uniform Contract Format (UCF)
5
What is an acceptable purpose for conducting a pre-solicitation conference?
To determine the competitive range
To answer questions about a solicitation that has already been released
To exchange information with vendors about a future acquisition
To pre-select offerors that will participate in the acquisition process
6
What factors may impact the extent of market research that is conducted?
The number of small vs. large businesses available to do the work
The amount of time you have available
the business size of the intended awardee
The size and complexity of the acquisition
7
Which method is encouraged to be used to resolve disputes, rather than filing a protest?
Conflict Avoidance
Litigation
Resolving through Small Claims Court
Resolving through the CO or ADR
8
Can the government direct the prime contractor's subcontractors?
No, unless the subcontractor does care
No, the government does not have privity of contract with the subcontractor
Yes, if the SBA confirms it is acceptable
Yes, if the prime contractor is not available
9
What distinguishes FAR Part 12 solicitations from other types?
Acquiring goods and services available in the commercial marketplace
The mandate for contractors to negotiate pricing with the government
The exclusion of small businesses from bidding on contracts
The requirement for contractors to submit complex technical proposals
10
When promoting competition in procurements, which approach is the Government's least preferred?
Using full and open competition after exclusion of sources
Using the GSA schedule
Using simplified acquisition procedures
Using other than full and open competition
11
What is the first mandatory source of services that must be considered?
Inventories from requiring agency
Federal Prison Industries, Inc.
Excess from other agencies
Committee for Purchase From People Who Are Blind or Severely Disabled
12
Which contract type must be used with FAR Part 14 Sealed Bidding?
Firm-Fixed Price
Cost-Plus-Fixed Fee
Time and Materials
Labor-Hour
13
What is a crucial step in the preparation of proposals by vendors?
Tailoring the proposal to address requirements outlined in the solicitation
Providing a vague and generic response to ensure broad applicability
Including promotional material about the vendor's achievements
Offering the lowest possible bid to secure the contract
14
Which of the following is true of an Independent Government Cost Estimate (IGCE)?
It is the projected and probable cost of a proposed acquisition
It is prepared after the solicitation is issued
It is only prepared when requested by the CO
It is shared with potential contractors before the solicitation is issued
15
Which section of the FAR provides guidance on quality assurance in federal contracts?
19
10
46
31
16
Which evaluation method is best for a requirement that is clearly definable and price is the dominant evaluation factor?
Cost Realism
Cost Progression
Lowest Price Technically Acceptable
Trade Offs
17
In DoD, which member of the Acquisition Team has ultimate responsibility for Acquisition Planning?
Program Manager
Agency Head
COR
Contracting Officer
18
Which type of solicitation is used for Sealed Bidding under FAR Part 14?
Request for Information (RFI)
Request for Quotations (RFQ)
Invitation for Bids (IFB)
Request for Proposals (RFP)
19
What is the primary purpose of communicating with vendors prior to the issuance of a solicitation?
Achieve clear and mutual understanding of all contract requirements.
Explain why offers are not accepted
Exchange general information and keep a pulse on market trends.
Establish exclusive partnerships with vendors.
20
Who should receive a solicitation amendment that is issued prior to the due date?
Only COs
All prospective offerors known to have received the solicitation
Exclusively to the selected contractors who are favored for the contract
Only the original offerors who have already submitted proposals
21
Which situation would preclude a contract from being closed?
The CO receives a contract completion statement
The CO receives notice that government property has been disposed
The contract is in litigation or under appeal
The contract is terminated and all termination actions are complete
22
Who develops a solicitation?
The buyer
The Government
The offeror
The seller
23
Where in the FAR can you find information on the different contract types?
52
16
10
7
24
According to the FAR, what is the objective of source selection?
To select the proposal that represents the best value to the government
To select the proposal with the highest technical scores
To select the proposal that has the lowest overall risk to the government
To select the proposal with the overall lowest cost to the government
25
Who is the only person empowered to execute contract modifications on behalf of the Government?
COR
Administrative Officer
CO
PM
26
At a minimum, how often should past performance evaluations be prepared for a multi-year contract?
bi-annually
annually
every other year
monthly
27
Which of the following is not a performance standard under the FAR Guiding Principles?
Conduct business with integrity, fairness, and openness
Satisfy the customer in terms of cost, quality and timeliness
Minimize administrative operating costs and fulfill public objectives
Ensure large businesses receive the majority of federal business
28
If a specific acquisition strategy is not expressly prohibited by the FAR, then what should the CO assume?
The strategy is unallowable, unless a D&F is approved by the CO
The strategy is unallowable
The strategy is allowable
The strategy is allowable, if approved by the HCA
29
Which statement about contract debriefings is correct?
They are only required for contracts exceeding $1 million in value.
Contract debriefings are restricted to successful offerors only.
They are optional and may be provided at the discretion of the CO
They must be provided to unsuccessful offerors upon their request.
30
What is the Economy Act?
It mandates purchases for certain foreign products
It restricts purchase of supplies, that are not domestic end products
lt allows federal agencies to buy goods/services from each other
It provides provisions regarding minimum wages and fringe benefits
31
COs should make their best effort to resolve agency protests within how many calendar days?
50
20
$35
5
32
When can a CO issue a solicitation amendment under Part 15?
Both before and/or after proposals are received
Only before proposals are received
Only after proposals are received
Anytime after contract award
33
Under the Prompt Payment Act, the due date for making payment is generally within:
30 days
45 days
10 days
15 days
34
What must the CO have in order to award an incentive contract?
A D&F signed by HCA
A D&F signed by Agency Head
Approval from SBA
Approval from GAO
35
For readily available supplies with little variation, which evaluation method would you employ to meet agency needs?
Tradeoff
Lowest price technically acceptable (LPTA)
The best-value continuum
Technically Acceptable
36
Who has the authority to enter into, administer, or terminate contracts and make related determinations and findings?
PM
COR
CO
Contract Specialist
37
When using the Uniform Contract Format (UCF), which sections are excluded at contract award?
Sections I-M
Sections J-M
Sections K-M
Sections A-M
38
A substantial amendment is needed after proposals are received. What should the CO consider?
Whether the incumbent contractor submitted a proposal
Whether additional vendors may have proposed if they knew
Whether the amendment will delay the completion of the project
Whether the amendment exceeds the required FAR limit
39
Which form is used for solicitation, offer, and award under FAR Parts 14 (not construction) and 15?
SF33
SF 1447
SF30
SF26
40
What is the title of FAR Part 13?
Simplified acquisition procedures
Sealed Bidding
Contracting by Negotiation
Interagency Acquisition
41
Which of the following should NOT be discussed in a postaward debriefing?
Summary of the rationale for award
Significant weaknesses or deficiencies in the offeror's proposal
Point-by-point comparison of the debriefed offeror against other offerors
Evaluated cost or price and technical rating of the successful offeror
42
Generally, the CO can not award a modification that results in an increase of funds without first receiving what?
Certification of availability of funds
Subcontractor support
Contractor's proposal
HCA approval
43
Can the government permit a modification to a proposal after the submission date and time?
No, modifications are not allowed after the deadline
Yes, within 24 hours of the deadline
Yes, if it’s in the best interest and doesn’t prejudice others
No, unless due to a government clerical error
44
In general, how long must a notice be published in the GPE before issuance of a solicitation?
45 days
10 days
15 days
30 days
45
What must the CO do with a late proposal?
Accept the late proposal if it is from the incumbent contractor
Return the unopened proposal to the offeror
Contact legal to determine next steps
Notify the offeror of the late proposal and whether it will be considered
46
At what dollar threshold are acquisitions automatically reserved for small business concerns?
Greater than $1,000
Greater than the micro-purchase threshold and less than $1 million
Greater than the MPT but less than the SAT
Greater than $25,000 and less than the simplified acquisition threshold
47
Past performance evaluations of contractor performance shall be prepared for contracts over which threshold?
Micro-purchase Threshold
Simplified Acquisition Threshold
Cost and Pricing Data Threshold
Buy American Threshold
48
Which form is used when soliciting for commercial products and services?
SF 1449
SF 30
SF 18
SF 33
49
Which of the following is considered to be an inherently governmental function that a contractor should not perform?
Providing assistance in the development of an SOW
Providing technical evaluation of contract proposals
Providing services in support of acquisition planning
Determining whether contract costs are reasonable, allocable, & allowable
50
In which situation would 'certified cost or pricing data' be required?
When the CO determines that prices are based on adequate price competition
When a non-commerical product or service over the SAT is being acquired
When a commerical product or commerical service is being acquired
When a requirement is under the SAT
51
Where are proposed contract actions over $25K posted?
GPE
Office bulletin board
A public place
A combined synopsis/solicitation
52
After receiving notification of award, how many days does the unsuccessful offeror have to request a debriefing?
5
15
3
10
53
What is the purpose of requiring certified cost or pricing data?
To validate the contractor's technical expertise
To assess the contractor's past performance on similar projects
To ensure the accuracy and completeness of cost proposals
To establish a fixed-price contract without negotiation
54
Which of the following is a unilateral contract change that does not affect the substantive rights of the parties?
Option Year Exercise
Administrative Modification
Bilateral Modification
Equitable Adjustment
55
Which of the following is true of performance-based requirements?
They place the most risk on the Government
The Government determines the method for achieving the outcome
They focus on the outcome, not the method for achieving it
The Government pays for any rework
56
The Uniform Contract Format contains Parts I-IV. Which part is not physically included in the contract upon award?
Part III
Part II
Part I
Part IV
57
Who is typically designated as the Source Selection Authority?
Contract Specialist
CO
SPE
COR
58
Acquisition Planning is covered in which part of the FAR?
1
7
6
52
59
When should protests to the agency based on alleged apparent improprieties in a solicitation typically be filed?
Within 30 days after the basis of protest is known
Within 10 days after the basis of protest is known
Before bid opening or the closing date for receipt of proposals
After bid opening or the closing date for receipt of proposals
60
Contract Types are grouped into what two broad categories?
Fixed-Price and Cost Reimbursement
Fixed-Price and Time-and-Materials
Labor-Hour and Time-and-Materials
Labor-Hour and Cost Reimbursement
61
What is an analysis of each element of cost in a contractor's proposal?
Cost Realism
Price Realism
Cost Analysis
Price Analysis
62
Which is an important reason for conducting market research?
To identify which vendor will be awarded the contract
To determine if commercial items exist to meet the government's needs
To prequalify potential sources
To establish the competitive range
63
Which FAR Part covers Market Research?
13
6
10
15
64
As it relates to protests, who would be considered an "interested party"?
Project Officer
Congressional Representative
Prospective Subcontractor
Prospective Offeror
65
If a CO determines that a Procurement Integrity violation occurred, what is the first action the CO should take?
Forward the information to the HCA for review and action
Immediately cancel the requirement
Contact the FBI with the information
Fire the individuals responsible for the violation
66
What does a CO create to document a business decision, such as the use of a T&M type contract?
Determination & Findings (D&F)
Justification & Approval
Source Selection Plan
Business Decision Memo
67
When searching for information in the FAR, how can you effectively target your search?
Use an internet search engine rather than searching the FAR directly
Use AND/OR to further refine searches
Use broad search terms to return as many results as possible
Use very specific search terms to return as few results as possible
68
Which is true of agency FAR supplements such as the DFARS?
They supplement, implement and contain deviations from the FAR
Agencies do not have FAR supplements
They implement the FAR but never supplement or deviate from the FAR
They are used in lieu of the FAR
69
How does a vendor typically calculate an indirect overhead rate?
Use the company's profit margin as the indirect overhead rate
Multiply the direct labor costs by a fixed percentage
Allocate % of direct costs to indirect costs based on historical data
Divide total direct costs by the number of labor hours worked
70
What are the three protest venues?
Agency, GAO, and U.S. Court of Federal Claims
Agency, U.S. District Court, and U.S. Court of Federal Claims
GAO, U.S. Court of Federal Claims, and Supreme Court
GAO, U.S. Court of Federal Claims, and U.S. District Court
71
Under which situation may a CO shorten the length of time for publishing a contracting action in GPE?
When purchasing research and development (R&D) services
When purchasing commercial products or commercial services
When purchase architect and engineering services
When purchasing construction services
72
What is FAR Part 19 called?
Market Research
Describing Agency Needs
Small Business Programs
Types of Contracts
73
What agreement simplifies recurring needs by setting up charge accounts with qualified sources for supplies/services?
Blanket Purchase Agreement (BPA)
Cooperation Agreement
Forward Pricing Rate Agreement
Project Labor Agreement
74
What Act is violated if the COR directs a contractor to perform work that is out of scope and the contractor complies?
Service Contract Act
Freedom of Information Act
Buy American Act
Anti-Deficiency Act
75
Each Economy Act order to obtain supplies or services by interagency acquisition shall be supported by what?
D&F
JOFOC
Contract
Task Order
76
When contracting by negotiation, if the CO issues an amendment after the receipt of proposals, who should receive it?
Only those companies that have past experience working with the government
All parties who received the solicitation
All offerors who have not been eliminated from the competition
Only those companies who requested a copy
77
Generally, what are the timeframe and requirements for a contractor submitting a claim?
Verbally to the CO with 10 years after the accrual of the claim
In writing to the CO within 6 years after accrual of the claim
In writing and to the Court of Federal Claims any time
In writing and to the SBA within 6 years after accrual of the claim
78
After release of the solicitation, who must be the focal point of any exchange with potential offerors?
OSDBU
CO
COR
PM
79
Which FAR part covers the Acquisition of Commerical Products and Services?
14
13
15
12
80
What is the primary purpose of cost and price analysis?
To ensure contractors receive the highest profit margin
To establish a fixed-price contract without negotiation
To assess the reasonableness and fairness of proposed prices
To evaluate the technical capabilities of potential contractors
81
In the FAR reference 19.202-4(b), what do the numbers to the left of the decimal point designate?
FAR subpart
FAR part
FAR part and subpart
FAR subchapter
82
Where in the FAR would you find all the provisions and clauses?
14
15
13
52
83
What are exchanges that are undertaken with the intent of allowing the offeror to revise its proposal?
Communications
Exchanges
Clarifications
Negotiations
84
It is the government's policy to provide maximum contracting opportunities for which type of business?
Large businesses
Fortune 500 businesses
Joint ventures
Small businesses
85
Which is a preferred method of expressing Government requirements for services?
Through the performance outcomes desired
Through the issuance of a customer level agreement
Through a brand name or equal specification
Through detailed design-oriented documents
86
Which factor must be evaluated in every source selection?
Cost/Price
Technical Approach
Management Plan
Key Personnel
87
Which type of modification is a supplemental agreement?
Bilateral
Option Exercise
Administrative
Unilateral
88
Which code does SBA use as a basis to determine small business size standards for small business set-asides?
Product Service Code (PSC)
North American Industry Classification System (NAICS) code
United States Code (USC)
Contractor and Government Entity Code (CAGE)
89
When purchasing commercial products and commercial services, what solicitation and contract format should the CO follow?
Uniform Contract Format
Streamlined format in FAR Part 12
Standard Form 1449 only
Standard Form 33 only
90
When issuing a purchase order, when is a contract established?
When the supplier accepts the government's offer
When the government issues an order
When the government posts the award to SAM.gov
When the supplier submits a quotation
91
What purpose does the Federal Register serve for FAR revisions?
Provides broad policy guidelines
Dictates the types of revisions that can be made to the FAR
Documents the rulemaking process and invites public comment
Controls the number of revisions that can be submitted for the FAR per FY
92
Which contract type places the maximum cost risk on the contractor?
Firm-Fixed price
Cost-Reimbursement
Labor-Hour
Cost-Sharing
93
What authority does the CO have as an agent of the Federal Government?
Manage the agency's overall contracting functions
Designate the head of the contracting authority
Authorize fund expenditures beyond what has been appropriated by Congress
Obligate taxpayer money by entering into contracts
94
What are limited exchanges that may occur when you plan to award without discussions?
Negotiations
Discussions
Communications
Clarifications
95
Which FAR Part covers Simplified Acqusition Procedures?
13
14
12
15
96
Which of the following statements is true about evaluation factors?
Must represent the same key areas for every negotiated procurement
Must support meaningful comparison and discrimination between proposals
Must have at least three non-cost factors
Must include price/cost as the most important factor
97
Which of the following is a general standard for contractor responsibility?
Capable of providing financial assistance to proposed subcontractors
A minimum of two small business partnering arrangements
Experience working a federal contract within the past year
Adequate financial resources or the ability to obtain them
98
What contract type pays a fixed amount to the contractor, with potential adjustments, fees, or price redeterminations?
Labor-Hour
Cost Reimbursement
Fixed-Price
Time and Materials
99
How is content in the FAR organized?
Subchapters, subparts, and subsections
Subchapters, parts, and paragraphs
Subchapters, parts, subparts, sections, subsections
Parts, sections, and paragraphs
100
What is the first mandatory source of supplies that must be considered?
Federal Prison Industries, Inc.
Excess from other agencies
Inventories from requiring agency
Committee for Purchase From People Who Are Blind or Severely Disabled

Contracting Exam Challenge Games Flashcards | StudBud

Contracting Exam Challenge Games

100 termsStudBud Administration33 plays

Flashcards100 cardsFPractice quizPHost liveL

Questions 100

Answers

1
Which of the following is an exception to full and open competition?
Unusual and compelling urgency
A lack of planning by the requiring agency
Concerns related to the amount of funds available
Continuity of Services
2
Which FAR Part contains the ordering procedures for Federal Supply Schedules?
Part 8 - Required Sources of Supply
Part 15 - Contracting By Negotiation
Part 13 - Simplified Acquisition Procedures
Part 10 - Market Research
3
Which guide is a 5 volume set covering topics such as cost/price analysis, quantitative techniques, and negotiations?
The Contract Cost and Price Guides (CCPG)
The Reference Pricing Contract Guides (RPCG)
The Contract Pricing Reference Guides (CPRG)
The Contracting Professional Smart Guides (CPSG)
4
Which can be used to reduce the time to solicit using FAR Part 12?
A combined synopsis/solicitation
A synopsis
a Request for Information
The Uniform Contract Format (UCF)
5
What is an acceptable purpose for conducting a pre-solicitation conference?
To determine the competitive range
To answer questions about a solicitation that has already been released
To exchange information with vendors about a future acquisition
To pre-select offerors that will participate in the acquisition process
6
What factors may impact the extent of market research that is conducted?
The number of small vs. large businesses available to do the work
The amount of time you have available
the business size of the intended awardee
The size and complexity of the acquisition
7
Which method is encouraged to be used to resolve disputes, rather than filing a protest?
Conflict Avoidance
Litigation
Resolving through Small Claims Court
Resolving through the CO or ADR
8
Can the government direct the prime contractor's subcontractors?
No, unless the subcontractor does care
No, the government does not have privity of contract with the subcontractor
Yes, if the SBA confirms it is acceptable
Yes, if the prime contractor is not available
9
What distinguishes FAR Part 12 solicitations from other types?
Acquiring goods and services available in the commercial marketplace
The mandate for contractors to negotiate pricing with the government
The exclusion of small businesses from bidding on contracts
The requirement for contractors to submit complex technical proposals
10
When promoting competition in procurements, which approach is the Government's least preferred?
Using full and open competition after exclusion of sources
Using the GSA schedule
Using simplified acquisition procedures
Using other than full and open competition
11
What is the first mandatory source of services that must be considered?
Inventories from requiring agency
Federal Prison Industries, Inc.
Excess from other agencies
Committee for Purchase From People Who Are Blind or Severely Disabled
12
Which contract type must be used with FAR Part 14 Sealed Bidding?
Firm-Fixed Price
Cost-Plus-Fixed Fee
Time and Materials
Labor-Hour
13
What is a crucial step in the preparation of proposals by vendors?
Tailoring the proposal to address requirements outlined in the solicitation
Providing a vague and generic response to ensure broad applicability
Including promotional material about the vendor's achievements
Offering the lowest possible bid to secure the contract
14
Which of the following is true of an Independent Government Cost Estimate (IGCE)?
It is the projected and probable cost of a proposed acquisition
It is prepared after the solicitation is issued
It is only prepared when requested by the CO
It is shared with potential contractors before the solicitation is issued
15
Which section of the FAR provides guidance on quality assurance in federal contracts?
19
10
46
31
16
Which evaluation method is best for a requirement that is clearly definable and price is the dominant evaluation factor?
Cost Realism
Cost Progression
Lowest Price Technically Acceptable
Trade Offs
17
In DoD, which member of the Acquisition Team has ultimate responsibility for Acquisition Planning?
Program Manager
Agency Head
COR
Contracting Officer
18
Which type of solicitation is used for Sealed Bidding under FAR Part 14?
Request for Information (RFI)
Request for Quotations (RFQ)
Invitation for Bids (IFB)
Request for Proposals (RFP)
19
What is the primary purpose of communicating with vendors prior to the issuance of a solicitation?
Achieve clear and mutual understanding of all contract requirements.
Explain why offers are not accepted
Exchange general information and keep a pulse on market trends.
Establish exclusive partnerships with vendors.
20
Who should receive a solicitation amendment that is issued prior to the due date?
Only COs
All prospective offerors known to have received the solicitation
Exclusively to the selected contractors who are favored for the contract
Only the original offerors who have already submitted proposals
21
Which situation would preclude a contract from being closed?
The CO receives a contract completion statement
The CO receives notice that government property has been disposed
The contract is in litigation or under appeal
The contract is terminated and all termination actions are complete
22
Who develops a solicitation?
The buyer
The Government
The offeror
The seller
23
Where in the FAR can you find information on the different contract types?
52
16
10
7
24
According to the FAR, what is the objective of source selection?
To select the proposal that represents the best value to the government
To select the proposal with the highest technical scores
To select the proposal that has the lowest overall risk to the government
To select the proposal with the overall lowest cost to the government
25
Who is the only person empowered to execute contract modifications on behalf of the Government?
COR
Administrative Officer
CO
PM
26
At a minimum, how often should past performance evaluations be prepared for a multi-year contract?
bi-annually
annually
every other year
monthly
27
Which of the following is not a performance standard under the FAR Guiding Principles?
Conduct business with integrity, fairness, and openness
Satisfy the customer in terms of cost, quality and timeliness
Minimize administrative operating costs and fulfill public objectives
Ensure large businesses receive the majority of federal business
28
If a specific acquisition strategy is not expressly prohibited by the FAR, then what should the CO assume?
The strategy is unallowable, unless a D&F is approved by the CO
The strategy is unallowable
The strategy is allowable
The strategy is allowable, if approved by the HCA
29
Which statement about contract debriefings is correct?
They are only required for contracts exceeding $1 million in value.
Contract debriefings are restricted to successful offerors only.
They are optional and may be provided at the discretion of the CO
They must be provided to unsuccessful offerors upon their request.
30
What is the Economy Act?
It mandates purchases for certain foreign products
It restricts purchase of supplies, that are not domestic end products
lt allows federal agencies to buy goods/services from each other
It provides provisions regarding minimum wages and fringe benefits
31
COs should make their best effort to resolve agency protests within how many calendar days?
50
20
$35
5
32
When can a CO issue a solicitation amendment under Part 15?
Both before and/or after proposals are received
Only before proposals are received
Only after proposals are received
Anytime after contract award
33
Under the Prompt Payment Act, the due date for making payment is generally within:
30 days
45 days
10 days
15 days
34
What must the CO have in order to award an incentive contract?
A D&F signed by HCA
A D&F signed by Agency Head
Approval from SBA
Approval from GAO
35
For readily available supplies with little variation, which evaluation method would you employ to meet agency needs?
Tradeoff
Lowest price technically acceptable (LPTA)
The best-value continuum
Technically Acceptable
36
Who has the authority to enter into, administer, or terminate contracts and make related determinations and findings?
PM
COR
CO
Contract Specialist
37
When using the Uniform Contract Format (UCF), which sections are excluded at contract award?
Sections I-M
Sections J-M
Sections K-M
Sections A-M
38
A substantial amendment is needed after proposals are received. What should the CO consider?
Whether the incumbent contractor submitted a proposal
Whether additional vendors may have proposed if they knew
Whether the amendment will delay the completion of the project
Whether the amendment exceeds the required FAR limit
39
Which form is used for solicitation, offer, and award under FAR Parts 14 (not construction) and 15?
SF33
SF 1447
SF30
SF26
40
What is the title of FAR Part 13?
Simplified acquisition procedures
Sealed Bidding
Contracting by Negotiation
Interagency Acquisition
41
Which of the following should NOT be discussed in a postaward debriefing?
Summary of the rationale for award
Significant weaknesses or deficiencies in the offeror's proposal
Point-by-point comparison of the debriefed offeror against other offerors
Evaluated cost or price and technical rating of the successful offeror
42
Generally, the CO can not award a modification that results in an increase of funds without first receiving what?
Certification of availability of funds
Subcontractor support
Contractor's proposal
HCA approval
43
Can the government permit a modification to a proposal after the submission date and time?
No, modifications are not allowed after the deadline
Yes, within 24 hours of the deadline
Yes, if it’s in the best interest and doesn’t prejudice others
No, unless due to a government clerical error
44
In general, how long must a notice be published in the GPE before issuance of a solicitation?
45 days
10 days
15 days
30 days
45
What must the CO do with a late proposal?
Accept the late proposal if it is from the incumbent contractor
Return the unopened proposal to the offeror
Contact legal to determine next steps
Notify the offeror of the late proposal and whether it will be considered
46
At what dollar threshold are acquisitions automatically reserved for small business concerns?
Greater than $1,000
Greater than the micro-purchase threshold and less than $1 million
Greater than the MPT but less than the SAT
Greater than $25,000 and less than the simplified acquisition threshold
47
Past performance evaluations of contractor performance shall be prepared for contracts over which threshold?
Micro-purchase Threshold
Simplified Acquisition Threshold
Cost and Pricing Data Threshold
Buy American Threshold
48
Which form is used when soliciting for commercial products and services?
SF 1449
SF 30
SF 18
SF 33
49
Which of the following is considered to be an inherently governmental function that a contractor should not perform?
Providing assistance in the development of an SOW
Providing technical evaluation of contract proposals
Providing services in support of acquisition planning
Determining whether contract costs are reasonable, allocable, & allowable
50
In which situation would 'certified cost or pricing data' be required?
When the CO determines that prices are based on adequate price competition
When a non-commerical product or service over the SAT is being acquired
When a commerical product or commerical service is being acquired
When a requirement is under the SAT
51
Where are proposed contract actions over $25K posted?
GPE
Office bulletin board
A public place
A combined synopsis/solicitation
52
After receiving notification of award, how many days does the unsuccessful offeror have to request a debriefing?
5
15
3
10
53
What is the purpose of requiring certified cost or pricing data?
To validate the contractor's technical expertise
To assess the contractor's past performance on similar projects
To ensure the accuracy and completeness of cost proposals
To establish a fixed-price contract without negotiation
54
Which of the following is a unilateral contract change that does not affect the substantive rights of the parties?
Option Year Exercise
Administrative Modification
Bilateral Modification
Equitable Adjustment
55
Which of the following is true of performance-based requirements?
They place the most risk on the Government
The Government determines the method for achieving the outcome
They focus on the outcome, not the method for achieving it
The Government pays for any rework
56
The Uniform Contract Format contains Parts I-IV. Which part is not physically included in the contract upon award?
Part III
Part II
Part I
Part IV
57
Who is typically designated as the Source Selection Authority?
Contract Specialist
CO
SPE
COR
58
Acquisition Planning is covered in which part of the FAR?
1
7
6
52
59
When should protests to the agency based on alleged apparent improprieties in a solicitation typically be filed?
Within 30 days after the basis of protest is known
Within 10 days after the basis of protest is known
Before bid opening or the closing date for receipt of proposals
After bid opening or the closing date for receipt of proposals
60
Contract Types are grouped into what two broad categories?
Fixed-Price and Cost Reimbursement
Fixed-Price and Time-and-Materials
Labor-Hour and Time-and-Materials
Labor-Hour and Cost Reimbursement
61
What is an analysis of each element of cost in a contractor's proposal?
Cost Realism
Price Realism
Cost Analysis
Price Analysis
62
Which is an important reason for conducting market research?
To identify which vendor will be awarded the contract
To determine if commercial items exist to meet the government's needs
To prequalify potential sources
To establish the competitive range
63
Which FAR Part covers Market Research?
13
6
10
15
64
As it relates to protests, who would be considered an "interested party"?
Project Officer
Congressional Representative
Prospective Subcontractor
Prospective Offeror
65
If a CO determines that a Procurement Integrity violation occurred, what is the first action the CO should take?
Forward the information to the HCA for review and action
Immediately cancel the requirement
Contact the FBI with the information
Fire the individuals responsible for the violation
66
What does a CO create to document a business decision, such as the use of a T&M type contract?
Determination & Findings (D&F)
Justification & Approval
Source Selection Plan
Business Decision Memo
67
When searching for information in the FAR, how can you effectively target your search?
Use an internet search engine rather than searching the FAR directly
Use AND/OR to further refine searches
Use broad search terms to return as many results as possible
Use very specific search terms to return as few results as possible
68
Which is true of agency FAR supplements such as the DFARS?
They supplement, implement and contain deviations from the FAR
Agencies do not have FAR supplements
They implement the FAR but never supplement or deviate from the FAR
They are used in lieu of the FAR
69
How does a vendor typically calculate an indirect overhead rate?
Use the company's profit margin as the indirect overhead rate
Multiply the direct labor costs by a fixed percentage
Allocate % of direct costs to indirect costs based on historical data
Divide total direct costs by the number of labor hours worked
70
What are the three protest venues?
Agency, GAO, and U.S. Court of Federal Claims
Agency, U.S. District Court, and U.S. Court of Federal Claims
GAO, U.S. Court of Federal Claims, and Supreme Court
GAO, U.S. Court of Federal Claims, and U.S. District Court
71
Under which situation may a CO shorten the length of time for publishing a contracting action in GPE?
When purchasing research and development (R&D) services
When purchasing commercial products or commercial services
When purchase architect and engineering services
When purchasing construction services
72
What is FAR Part 19 called?
Market Research
Describing Agency Needs
Small Business Programs
Types of Contracts
73
What agreement simplifies recurring needs by setting up charge accounts with qualified sources for supplies/services?
Blanket Purchase Agreement (BPA)
Cooperation Agreement
Forward Pricing Rate Agreement
Project Labor Agreement
74
What Act is violated if the COR directs a contractor to perform work that is out of scope and the contractor complies?
Service Contract Act
Freedom of Information Act
Buy American Act
Anti-Deficiency Act
75
Each Economy Act order to obtain supplies or services by interagency acquisition shall be supported by what?
D&F
JOFOC
Contract
Task Order
76
When contracting by negotiation, if the CO issues an amendment after the receipt of proposals, who should receive it?
Only those companies that have past experience working with the government
All parties who received the solicitation
All offerors who have not been eliminated from the competition
Only those companies who requested a copy
77
Generally, what are the timeframe and requirements for a contractor submitting a claim?
Verbally to the CO with 10 years after the accrual of the claim
In writing to the CO within 6 years after accrual of the claim
In writing and to the Court of Federal Claims any time
In writing and to the SBA within 6 years after accrual of the claim
78
After release of the solicitation, who must be the focal point of any exchange with potential offerors?
OSDBU
CO
COR
PM
79
Which FAR part covers the Acquisition of Commerical Products and Services?
14
13
15
12
80
What is the primary purpose of cost and price analysis?
To ensure contractors receive the highest profit margin
To establish a fixed-price contract without negotiation
To assess the reasonableness and fairness of proposed prices
To evaluate the technical capabilities of potential contractors
81
In the FAR reference 19.202-4(b), what do the numbers to the left of the decimal point designate?
FAR subpart
FAR part
FAR part and subpart
FAR subchapter
82
Where in the FAR would you find all the provisions and clauses?
14
15
13
52
83
What are exchanges that are undertaken with the intent of allowing the offeror to revise its proposal?
Communications
Exchanges
Clarifications
Negotiations
84
It is the government's policy to provide maximum contracting opportunities for which type of business?
Large businesses
Fortune 500 businesses
Joint ventures
Small businesses
85
Which is a preferred method of expressing Government requirements for services?
Through the performance outcomes desired
Through the issuance of a customer level agreement
Through a brand name or equal specification
Through detailed design-oriented documents
86
Which factor must be evaluated in every source selection?
Cost/Price
Technical Approach
Management Plan
Key Personnel
87
Which type of modification is a supplemental agreement?
Bilateral
Option Exercise
Administrative
Unilateral
88
Which code does SBA use as a basis to determine small business size standards for small business set-asides?
Product Service Code (PSC)
North American Industry Classification System (NAICS) code
United States Code (USC)
Contractor and Government Entity Code (CAGE)
89
When purchasing commercial products and commercial services, what solicitation and contract format should the CO follow?
Uniform Contract Format
Streamlined format in FAR Part 12
Standard Form 1449 only
Standard Form 33 only
90
When issuing a purchase order, when is a contract established?
When the supplier accepts the government's offer
When the government issues an order
When the government posts the award to SAM.gov
When the supplier submits a quotation
91
What purpose does the Federal Register serve for FAR revisions?
Provides broad policy guidelines
Dictates the types of revisions that can be made to the FAR
Documents the rulemaking process and invites public comment
Controls the number of revisions that can be submitted for the FAR per FY
92
Which contract type places the maximum cost risk on the contractor?
Firm-Fixed price
Cost-Reimbursement
Labor-Hour
Cost-Sharing
93
What authority does the CO have as an agent of the Federal Government?
Manage the agency's overall contracting functions
Designate the head of the contracting authority
Authorize fund expenditures beyond what has been appropriated by Congress
Obligate taxpayer money by entering into contracts
94
What are limited exchanges that may occur when you plan to award without discussions?
Negotiations
Discussions
Communications
Clarifications
95
Which FAR Part covers Simplified Acqusition Procedures?
13
14
12
15
96
Which of the following statements is true about evaluation factors?
Must represent the same key areas for every negotiated procurement
Must support meaningful comparison and discrimination between proposals
Must have at least three non-cost factors
Must include price/cost as the most important factor
97
Which of the following is a general standard for contractor responsibility?
Capable of providing financial assistance to proposed subcontractors
A minimum of two small business partnering arrangements
Experience working a federal contract within the past year
Adequate financial resources or the ability to obtain them
98
What contract type pays a fixed amount to the contractor, with potential adjustments, fees, or price redeterminations?
Labor-Hour
Cost Reimbursement
Fixed-Price
Time and Materials
99
How is content in the FAR organized?
Subchapters, subparts, and subsections
Subchapters, parts, and paragraphs
Subchapters, parts, subparts, sections, subsections
Parts, sections, and paragraphs
100
What is the first mandatory source of supplies that must be considered?
Federal Prison Industries, Inc.
Excess from other agencies
Inventories from requiring agency
Committee for Purchase From People Who Are Blind or Severely Disabled