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Questions And Answers
What are the 3 phases of contract life cycle? - - - correct answer ✅Pre-Award, Award, and Post-Award The Pre-award phase consists of 2 primary activities, what are they? - - - correct answer ✅Develop Solicitation and Develop Offer What one activity is in the award phase? - - - correct answer ✅Form the Contract The post-award phase is comprised of 2 primary activities, what are they? - - - correct answer ✅Perform Contract and Close Contract Who develops a solitication? - - - correct answer ✅The Government and the buyer Who prepares an offer? - - - correct answer ✅The Contractor and the seller
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During the post-award phase while the contract is being performed, who has the responsibility for quality? - - - correct answer ✅The seller What is the means by acquiring by contract with appropriated funds of supplies or services by and for the use of the Federal Government through purchase or lease? - - - correct answer ✅Acquisition What FAR part covers personal conflict of interest? - - - correct answer ✅FAR Part 3 What FAR part covers organizational conflict of interest? - - - correct answer ✅FAR Part 9 Who has the authority to the maximum extent practicable and consistent with law, to determine the application of rules, regulations, and policies, on a specific contract? - - - correct answer ✅The Contracting Officer
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a fair and reasonable price is based on cost analysis, the summary shall address each major cost element. When determination of a fair and reasonable price is based on price analysis, the summary shall include the source and type of data used to support the determination. - - - correct answer ✅Negotiation You need to document a business decision, such as the use of a specific contract type. What document will you create? - - - correct answer ✅A Determination and Findings (D&F) At the conclusion of negotiations, the contracting officer will complete a what? - - - correct answer ✅Price Negotiation Memorandum (PNM) Prior to negotiation a sole source contract, the contracting officer must complete a what? - - - correct answer ✅Justification and Approval (J&A) This form is used to award negotiated contracts in which signatures of both parties on a single document is appropriate. - - - correct answer ✅SF 26 - Award/Contract
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This form is used to amend any solicitation or modify any contract. -
correct answer ✅SF 30 - Amendment of Solicitation/Modification of Contract This form may be used to award either negotiated contracts or contracts utilizing sealed bidding. - - - correct answer ✅SF 33 - Solicitation, Offer, and Award This form is used for soliciting offers and awarding contracts expected to exceed the simplified acquisition threshold. These acquisitions must be for: (1) construction, alteration or repair; OR (2) dismantling, demolition, or removal of improvements. - - - correct answer ✅SF 1442 - Solicitation, Offer & Award This form is required for solicitations for commercial items if the acquisition will exceed the simplified acquisition threshold. It is encouraged for commercial acquisitions not exceeding the simplified acquisition threshold. - - - correct answer ✅SF 1449 - Solicitation/Contract/Order for Commercial Items
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What was passed to deter subcontractors from making payments and contractors from accepting payments for the purpose of improperly obtaining or rewarding favorable treatment in connection with a prime contract or a subcontract relating to a prime contract? - - - correct answer ✅The Anti-Kickback Act of 1986 Any contractor bid or proposal information delivered to the Government with restrictions on its use, modification, reproduction, release, performance, or display may not be provided to third parties unless the intended recipient completes and signs a what? - - - correct answer ✅A Non-Disclosure Agreement A what is a situation in which a covered employee has a financial interest, personal activity, or relationship that could impair the employee's ability to act impartially and in the best interest of the Government when performing under the contract. - - - correct answer ✅Personal Conflict of Interest A contracting officer shall not knowingly award a contract to WHO or to a business concern or other organization owned or
Questions And Answers
substantially owned by this person (FAR 3.601). - - - correct answer ✅a Government employee What does OCI stand for? - - - correct answer ✅Organizational Conflicts of Interest An what is the existence of a set of circumstances in which a contractor may be unable to render impartial advice to the government, or might have impaired objectivity in performing contracted work, or may obtain an unfair competitive advantage in the marketplace when competing for government work where that unfair advantage is obtained performing a government contract. - -
correct answer ✅Organizational Conflicts of Interest (OCI) What are the 3 broad categories of OCI? - - - correct answer ✅(1) Unequal Access, (2) Impaired Objectivity, and (3) Biased Ground Rules What is an unfair competitive advantage typically surfaces when a contractor obtains information not generally available to competitors where such information would assist the contractor in
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Who shall analyze planned acquisitions in order to (1) Identify and evaluate potential organizational conflicts of interest as early in the acquisition process as possible; and (2) Avoid, neutralize, or mitigate significant potential conflicts before contract award? - - - correct answer ✅The Contracting Officer Government business shall be conducted in a manner that is above reproach, with complete impartiality, and with preferential treatment for none. True or False? - - - correct answer ✅True No person or other entity may disclose contractor bid or proposal information or source selection information to any person other than a person authorized, in accordance with applicable agency regulations or procedures, by the agency head or the contracting officer to receive such information. True or False? - - - correct answer ✅True Federal employees are prohibited from soliciting or accepting gifts offered "because of the employee's official position" or gifts offered by a "prohibited source." True or Fale? - - - correct answer ✅True
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A "personal conflict of interest" is a situation where an individual is employed by a defense contractor company and is in a position to materially influence DOD's recommendations and/or decisions and, because of his/her personal activities, relationships, or financial interests, may lack or appear to lack objectivity or appear to be unduly influenced by personal financial interest. True or False? - - - correct answer ✅True What is FAR Part 10? - - - correct answer ✅Market Research (1) Delivering on a timely basis is the best-value products and services to the customer and (2) maintaining the public's trust and fulfill public policy objectives is what? - - - correct answer ✅The vision of the Federal Acquisition System What costs are in the Contracting Life-Cycle? - - - correct answer ✅(1) Acquisition costs, (2) Supporting costs, (3) Disposal costs, and (4) Operating costs
Questions And Answers
Who is the only team member of the acquisition team is authorized to award, change, or terminate a contract? - - - correct answer ✅Contracting Officer What is the purpose of a post award orientation? - - - correct answer ✅(1) achieve a clear and mutual understanding of all contract requirements and (2) identify and resolve potential problems What are the 2 types of authority? - - - correct answer ✅(1) Actual and (2) Apparent What are the 2 types of Actual Authority? - - - correct answer ✅(1) Express Actual Authority and (2) Implied Actual Authority What is created by explicit language, either in writing or verbal. It should be noted that the spoken word is generally as binding as the written word; however, it is sometimes more difficult to prove? - - - correct answer ✅Express Actual Authority
Questions And Answers
What is usually defined in general terms to include authority to do what is usual, customary and necessary to accomplish the action? -
correct answer ✅Implied Actual Authority What exists when someone reasonably believes an individual has the authority to act on behalf of the Government, based on his or her conduct, even though that individual has no actual authority to bind the Government? - - - correct answer ✅Apparent Authority Which authority is legally binding in Government contracting and recognized by the courts? - - - correct answer ✅Actual Authority In DoD contracting, who has the authority to enter into a legally binding contract? - - - correct answer ✅Contracting Officer Each authority (apparent or actual) is NOT delegable unless specifically stated otherwise. True or False? - - - correct answer ✅False
Questions And Answers
A contract is defined as a mutually binding legal relationship obligating the seller to furnish the supplies or services (including construction) and the buyer to pay for them. True or False? - - - correct answer ✅True Capacity is when each party either makes a promise or begins to render performance. True or False? - - - correct answer ✅False What is the process used to determine if industry can support the acquisition "needs" of the Government? - - - correct answer ✅Market Research Market Research is conducted to determine what 2 things that are available to meet the Government's needs. - - - correct answer ✅(1) Commercial Products/Services or (2) Non- Developmental Items What are the 2 types of Market Research? - - - correct answer ✅(1) Strategic Market and (2) Tactical Market
Questions And Answers
What is conducted continuously throughout the acquisition process? - - - correct answer ✅Strategic Market Research What is conducted at specific points during the acquisition process?
correct answer ✅Tactical Market Research The extent of market research will vary, depending on such factors as urgency, estimated dollar value, complexity, and past experience. True or False? - - - correct answer ✅True Contracting Officers shall promote and provide for what in soliciting offers and awarding Government contracts? - - - correct answer ✅Full and Open Competition The competitive procedures available for use in fulfilling the requirement for full and open competition is what? - - - correct answer ✅(1) Sealed Bids, (2) Competitive Proposals, (3)
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correct answer ✅(1) only one responsible source and no other supplies or services will satisfy agency requirements, (2) unusual and compelling urgency, (3) national security, and (4) public interest Contracting officers shall purchase supplies and services from responsible sources at fair and reasonable prices. True or Fale? - - - correct answer ✅True Acceptance constitutes acknowledgment that the supplies or services conform with applicable contract quality and quantity requirements, except as subject to other terms and conditions of the contract. True or False? - - - correct answer ✅True Supplies accepted at a place other than what shall not be re- inspected at destination for acceptance purposes, but should be examined at destination for quantity, damage in transit, and possible substitution or fraud? - - - correct answer ✅Destination Acceptance of supplies or services is the responsibility of who? - - - correct answer ✅The Contracting Officer
Questions And Answers
Risk of loss of or damage to supplies shall remain with who? - - - correct answer ✅The Contractor Risk of loss of or damage to supplies shall remain with the contractor until, and shall pass to the Government upon what 2 things? - - - correct answer ✅(1) Delivery of the supplies to a carrier if transportation is f.o.b. origin; or (2) Acceptance by the Government or delivery of the supplies to the Government at the destination specified in the contract, whichever is later, if transportation is f.o.b. destination. Title to supplies shall pass to the Government upon formal acceptance, regardless of when or where the Government takes physical possession, unless the contract specifically provides for earlier passage of title. True or False? - - - correct answer ✅True Except for defaults of subcontractors at any tier, the Contractor shall not be in default because of any failure to perform the contract under its terms if the failure arises from causes beyond the control and without the fault or negligence of the Contractor. True
