2023-2024 CON 2370 SIMPLIFIED ACQUISITION PROCEDURES SAP QUESTIONS AND VERIFIED ANSWERS, Exams of International Business

Download 2023-2024 CON 2370 SIMPLIFIED ACQUISITION PROCEDURES SAP QUESTIONS AND VERIFIED ANSWERS and more Exams International Business in PDF only on Docsity! 2023-2024 CON 2370 SIMPLIFIED ACQUISITION PROCEDURES SAP QUESTIONS AND VERIFIED ANSWERS (GRADED A+) | LATEST EDITION You are the contracting officer for a firm-fixed price supply contract valued at $195,400. Which one of the following statements about contract closeout is correct? -----CORRECT ANSWER-------------The contract is considered closed once you receive evidence of receipt of property and final payment. Which of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? -----CORRECT ANSWER------------- Purchases shall be made in the simplified manner that is most suitable to the circumstances of the acquisition. You have just been informed that a purchase order you recently awarded for commercial supplies is no longer needed and must be cancelled. The order was not accepted in writing by the contractor. Which one of the following statements is true? -----CORRECT ANSWER-------------The purchase order is considered cancelled if the contractor accepts the Government's written cancellation and does not claim costs were incurred. Which one of the following statements about the evaluation of quotations or offers using SAP is true? -----CORRECT ANSWER-------------Quotations or offers must be evaluated using the basis stated in the solicitation. You just made an award for services in the amount of $235,200 based on price and past performance. One of the unsuccessful vendors has requested information on the award decision. Which one of the following describes the action you must take? -----CORRECT ANSWER-------------You must provide a brief explanation of the basis for the award decision. You have a one-time requirement for a purchase of noncommercial supplies with an estimated value of $235,000. The supplies are not immediately. Which one of the following simplified acquisition methods would be the most appropriate to use? -----CORRECT ANSWER-------------Purchase Order You have a requirement for a new contract for grounds maintenance at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performaing the services is not meeting the Commander's expectations. Consistent with order of precedence for requirements documents, which one of the following documents would be included in the new contract? -----CORRECT ANSWER-------------A Performance Work Statement (PWS) Which one of the following is NOT a mandatory Government source for satisfying a supply requirement? -----CORRECT ANSWER------------- Commercial sources You have a requirement for a purchase with an estimated value of $8,700. Which one of the following describes the competition requirement for this acquisition? -----CORRECT ANSWER-------------There is no requirement for competition if the price is considered reasonable. Which one of the following is NOT one of the first steps taken when quotations are received in response to a solicitation using SAP? ----- CORRECT ANSWER-------------Ranking the quotations by technical acceptability You have a requirement for repair parts to support routine maintenance services at the shop on your base. The parts were developed using You are the contracting officer for a noncommerical supply contract valued at $155,600. Which one of the following actions would be executed using a bilateral modification? -----CORRECT ANSWER-------------Making a negotiated equitable adjustment You just made a purchase for services in the amount of $20,700. You used a written solicitation to solicit quotations from three local sources. Which one of the following statements is correct regarding providing notice to the unsuccessful vendors? -----CORRECT ANSWER-------------Notice to the unsuccessful vendors will only be given if requested. Which one of the following market research results would NOT support a commerciality determination? -----CORRECT ANSWER-------------The part was developed using Government funding and is only sold to DoD agencies. You are the contracting officer for a firm-fixed price commercial services contract that was partially terminated for convenience. You are in the process of negotiating the termination settlement. All services that were not terminated were successfully performed. Which one of the following statements about contract closeout is correct? -----CORRECT ANSWER------ -------The contract file cannot be closed at this time. Which one of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? -----CORRECT ANSWER----- --------Agencies cannot separate requirements into smaller purchases that do not exceed the SAT merely to permit the use of SAP. You are the contracting officer for a requirement for commercial services with an estimated value of $780,000. Four quotations were received in response to the solicitation and market pricing is available. Which one of the following statements about the price reasonableness determination is most appropriate. -----CORRECT ANSWER-------------Market research must be conducted or obtained to support the fair and reasonable determination. Which one of the following mandatory Government sources is the first priority for satisfying a requirement for services? -----CORRECT ANSWER------------- Services on the Procurement List maintained by the Committee for Purchase From People Who Are Blind or Severely Disabled Which one of the following market research results would NOT support a commerciality determination? -----CORRECT ANSWER-------------The part sold to the general public needs extensive modifications not customarily available in the commercial marketplace. You have a requirement for a noncommercial purchase with an estimated value of $250,000. Notice of the proposed contract action is required, and no exceptions apply. Which one of the following solicitation methods would be most appropriate? -----CORRECT ANSWER-------------Electronic Commerce Which one of the following is correct regarding documenting the award of a buy using SAP? -----CORRECT ANSWER-------------Records of oral price quotations must be established to clearly reflect the appropriateness of the award decision. Which one of the following would NOT result in the establishment of a contract? -----CORRECT ANSWER-------------Government issuance of an order in response to a quotation You have a requirement for water restoration services at your base in Louisiana. These services are of a type sold completely in substantial quantities in the commercial marketplace base on market prices. The estimated dollar value of acquisition is $1,250,000. Which one of the following statements is true? -----CORRECT ANSWER-------------The use of simplified acquisition procedures is authorized. Which one of the following statements it true regarding the policies for the use of simplified acquisition procedures (SAP)? -----CORRECT ANSWER----- --------The purpose of SAP is to improve opportunities for small businesses to obtain a fair portion of Government contracts. You are the contracting officer for a commercial product requirement with an estimated value of $415,000. Six quotations that meet the Government's requirement were received in response to the solicitation and there is no reason to believe the proposed prices are unreasonable. Which one of the following statements about the prices reasonableness determination is most appropriate? -----CORRECT ANSWER-------------Comparison of the quotations will likely meet the requirements to obtain market research in support of the fair and reasonable determination. Which one of the following market research results would support a commerciality determination? -----CORRECT ANSWER-------------The services are offfered and sold competitively in substantial quantities in the commercial marketplace based on market prices. Which one of the following statements about solicitations using SAP is correct? -----CORRECT ANSWER-------------Buyers are encouraged to use best value. Which one of the following would result in the establishment of a contract? --- --CORRECT ANSWER-------------Supplier furnishes the ordered supplies You are the contracting officer for a firm-fixed-prices services contract valued at $105,975. Which one of the following statements about contract closeout is correct? -----CORRECT ANSWER-------------The contract is considered Not - The Procurement List maintained by The Committee for Purchase From People Who Are Blind or Severely Disabled Inventories of the requiring agencies You have a requirement for help desk support with an estimated value of $450,000. Market research shows there are numerous potential offerors that are competitive in terms of market prices, quality, and delivery. The list of potential offerors includes 6 small businesses and 4 large businesses. Which one of the following statements is correct? - Answer Not - A portion of the acquisition may be set aside exclusively for small business Not - The entire acquisition must be set aside exclusively for small business Which one of the following market research results would NOT support a commerciality determination? - Answer Not - The tool is sold on a competitive basis in substantial quantities to multiple State governments and was developed at private expense. Not - The services are offered and sold competitively in substantial quantities in the commercial marketplace based on a catalog. Not - The equipment has been offered for sale to the general public and will be used for nongovernment purposes. The part sold to the general public needs' extensive modifications not customarily available in the commercial marketplace. You have a requirement for water restoration services at your base in Louisiana. These services are of a type sold competitively in substantial quantities in the commercial marketplace based on market prices. The estimated dollar value of the acquisition is $1,250,000. Which one of the following statements is true? - Answer The use of simplified acquisition procedures authorized. You are the buyer for a construction requirement with an estimated value of $75,000. A notice of the proposed contract action is required. Which one of the following solicitation methods must be used? - Answer Not - Electronic Solicitation Not - Combined synopsis/solicitation Written Solicitation You have a requirement for a one-time purchase with an estimated value of $180,700. You are not required to synopsize this contract action. Which one of the following describes the competition requirement for this acquisition? - Answer Not - The acquisition must utilize full and open competition. Not - There is no requirement for competition if the price is considered reasonable. Not - Quotes must be solicitated from all sources within the local trade area Quotes must be solicited from at least three sources Which one of the following statements about solicitations using SAP is correct? - Answer Not - Evaluations subfactors must be listed Not - It is not necessary to include the basis on which award will be made Not - Evaluations subfactors must be listed Not - It is not necessary to include the basis on which award will be made Not - The relative importance of each evaluation factor must be stated Buyers are encouraged to use best value Not - Buyers are discouraged from using best value Stating the relative importance assigned to each evaluation factor is not required. The basis on which award will be made must be stated. You are the contracting officer for a commercial services requirement with an estimated value of $2,600,000. None of the exceptions in FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action? - Answer Notice of the proposed action must be transmitted to the GPE. You have a repetitive requirement for individual purchases of the same commercialservice. The estimated value of the individual purchases range from $75,000 to $500,000. Which one of the following simplified acquisition methods would be the most appropriate to use? - Answer Blanket Purchase Agreement (BPA) You just made a purchase for supplies in the amount of $22,300. You solicited quotations orally from four local sources. Which one of the following statements is correct regarding providing notice to the unsuccessful suppliers? - Answer notice to the unsuccessful suppliers cannot be provided because an oral solicitation was used. notice to unsuccessful suppliers is never required when using SAP Not - Notice must be provided to each of the unsuccessful suppliers notice to the unsuccessful suppliers will only be given if requested. Which one of the following would result in the establishment of a contract? - Answer Not - Supplier validates the terms of the quotation Not - Government issuance of an order in response to a quotation Supplier's written acceptance of an order Supplier furnishes the ordered supplies Substantial performance by the supplier Three quotes were received in response to your solicitation for training services. Evaluation was based on a tradeoff between price and past performance. The assigned past performance ratings and quoted prices were as follows: Vendor A - Unacceptable, $216,150; Vendor B - Acceptable, $248,500; and Vendor C - Outstanding, $237,200. Which one of the following statements about the award decision is correct? - Answer Not - Vendor B is the apparent awardee and price reasonableness could be based on any reasonable basis Not - Vendor A is the apparent awardee and price reasonableness would be based on competition Vendor c You are the contracting officer for a noncommercial bilateral purchase order for supplies valued at $155,600. Which one of the following actions would be executed using a unilateral modification? - Answer Not -Making a negotiated equitable adjustment Not - Recognizing an agreement to modify the schedule. Issuing a termination notice You are the contracting officer for a firm-fixed-price purchase order for commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the Government was submitted five days late. You investigate and verify that the report was submitted late. Which one of the following statements regarding the nonconforming performance is FALSE? - Answer Not - The Government may seek an equitable price reduction for accepting the late report if reperformance of the nonconforming service is not possible. Not - The government may seek consideration for accepting the late report if reperformance of the nonconforming service is not possible. Not - The Government may require reperformance of the nonconforming service at no increase to the contract price. The government must pay for the reperformance of the nonconforming service because the report was accepted. You have just been informed that a purchase order you recently awarded for commercial supplies is no longer needed and must be cancelled. The order was not accepted in writing by the contractor. Which one of the following statements is true? - Answer Not - The purchase order is considered cancelled if the contractor accepts the Government's written cancellation and does not claim costs were incurred. Not - The purchase order must be terminated in accordance with FAR 12.403 and Far 52.212-4 Not - A purchase order cannot be cancelled afterward unless the contractor is in default. You are reviewing the requirements package for the purchase of automatic standby generators. Market research results identify multiple sources in the commercial marketplace that meet the essential physical characteristics for this commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the Government was submitted five days late. You investigate and verify that the report was submitted late. Which one of the following statements regarding the nonconforming performance is FALSE? - Answer You are the contracting officer for a commercial services contract that contains options. You send the preliminary notice of your intent to extend the contract within the timeframe outlined in the options clause. Which one of the following statements is correct? - Answer Not - The preliminary notice commits the Government to exercising the option. Not - You no longer have the right to exercise the option. Not - No further action is required to exercise the option. Not - The option must be exercised using a bilateral modification. You may exercise the option You may exercise the option using unilateral modification You have a requirement for a purchase with an estimated value of $8,700. Which one of the following describes the competition requirement for this acquisition? - Answer Not - quotes must be solicited from all sources within the local trade area There is no requirements for competition if the price is considered reasonable You have a requirement for an individual purchase for supplies with an estimated value of $5,875. The supplies are not immediately available Which one of the following simplified acquisition methods would be the most appropriate to use? - Answer Not - Purchase Order Not - SF 44 Not - Third Party Draft Government Commercial Purchase Card You have a requirement for a new contract for janitorial services at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations - Answer PWS expected. You investigate and determine that the items are not fully compliant with the specification in the contract. - Answer Not - The Government The contractor You have a requirement for a one-time purchase with an estimated value of $18,700. This acquisition is not required to be synopsized and access to the solicitation will not be provided in the GPE. Which one of the following describes the competition requirement for this acquisition? - Answer NOt - there is no requirement for competition if the price is considered reasonable. Competition is normally obtained by soliciting from sources within the local trade area. You have a requirement for repair parts to support routine maintenance services at the shop on your base. The parts are sold to the general public and are used for nongovernmental purposes. The estimated dollar value of the acquisition is $625,000. Which one of the following statements is true? - Answer The use of simplified acquisition procedures is authorized You just made a purchase for services in the amount of $20,700. You used a written solicitation to solicit quotations from three local sources. Which one of the following statements is correct regarding providing notice to the unsuccessful vendors? - Answer Notice to the unsuccessful vendors will only be given if requested You are the contracting officer for a firm-fixed-price purchase order for commercial supplies with a value of $565,000. Two weeks after delivery and acceptance of the items, the end user complains that the goods are not functioning as expected. You investigate and determine that the items are not fully compliant with the specification in the contract. Who would bear the cost of correcting the nonconforming supplies that were accepted by the Government?Correct - Answer The Contractor You have a requirement for repair parts to support routine maintenance services at the shop on your base. The parts were developed using Government funds and are not offered to the general public. The estimated dollar value of the acquisition is $275,000. Which one of the following statements is true? - Answer Not - Simplified acquisition procedures must be used The use of simplified acquisition procedures is prohibited You are the contracting officer for a construction requirement with an estimated value of $20,600. Access to the written solicitation will not be provided in the GPE, and none of the exceptions in FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action? - Answer Not - Notice of the proposed action must be transmitted to the GPE. Not - Notice of the solicitation, or a copy of the solicitation, must be posted in a public area Not - There is no requirement to publicize this action. Maybe - Notice of the proposed action must be transmitted to the GPE. You are the contracting officer for a commercial product requirement with an estimated value of $178,000. Only one quotation was received in response to the competitive solicitation, and the information obtained through market research is insufficient to determine the quoted price fair and reasonable. Which one of the following statements about the price reasonableness determination is most appropriate? - Answer Recent purchase prices paid for the item under similar terms and conditions should be considered if they are still valid comparison Not - The requirement must be resolicited in order to obtain competition. Recent purchases Which one of the following is correct regarding documenting the award of a buy using SAP? - Answer Not - Award documentation must be extensive and detailed Not - Records of oral price quotations are not required Not - Records of oral price quotations must be established to clearly reflect the appropriateness of the award decision. Not - Comparison of competitive quotes or offers is the least preferred method for determining price reasonableness. You are the contracting officer for a firm-fixed-price services contract valued at You are the contracting officer for a services contract that contains options. You send the preliminary notice of your intent to extend the contract five days after the deadline outlined in the options clause. Which one of the following statements is correct? - Answer Not - You have the right to exercise the option using a unilateral modification. Not - no further action is required to exercise the option Not - you no longer have the right to exercise the option You no longer have the right to exercise the option using a unilateral modification. Not - You may exercise the option using a unilateral modification Which one of the following is NOT a mandatory Government source for satisfying a supply requirement? - Answer Not - Excess from other agencies Not - Wholesale supply sources Commercial sources You have just been informed that a purchase order you recently awarded for noncommercial supplies is no longer needed and must be cancelled. The order was accepted in writing by the contractor. Which one of the following statements is true? - Answer Not - The purchase order is considered cancelled if the contractor accepts the Government's written cancellation and does not claim costs were incurred Not - The purchase order must be terminated in accordance with FAR 12.403 and FAR 52.212-4. Not - The purchase order is considered cancelled once the contracting officer verifies the contractor has received the Government's written cancellation. The purchase order must be terminated in accordance with FAR part 49 or FAR 52.2134 You are reviewing the requirements package for the purchase of videoconferencing equipment. Market research results identified multiple sources for this equipment in the commercial marketplace. The purchase description requires a particular brand name because the users are familiar with this brand of equipment and would prefer to not have to learn how to use a different brand. Which one of the following is correct regarding the policies for describing your agency's needs? - Answer Not -Vendor B