Docsity
Docsity
Prepare for your exams
Prepare for your exams

Study with the several resources on Docsity

Earn points to download
Earn points to download

Earn points by helping other students or get them with a premium plan

Guidelines and tips
Guidelines and tips
Sell on Docsity
Sell on Docsity
Docsity AI
Docsity AI
Log inSign up

Prepare for your exams

Study with the several resources on Docsity

Find documents

Prepare for your exams with the study notes shared by other students like you on Docsity

Search for your university

Find the specific documents for your university's exams

Docsity AINEW

Summarize your documents, ask them questions, convert them into quizzes and concept maps

Explore questions

Clear up your doubts by reading the answers to questions asked by your fellow students

Earn points to download

Earn points by helping other students or get them with a premium plan

Share documents
download point icon20 Points

For each uploaded document

Answer questions
download point icon5 Points

For each given answer (max 1 per day)

All the ways to get free points
Get points immediately

Choose a premium plan with all the points you need

Study Opportunities

Choose your next study program

Get in touch with the best universities in the world. Search through thousands of universities and official partners

Community

Ask the community

Ask the community for help and clear up your study doubts

Free resources

Our save-the-student-ebooks!

Download our free guides on studying techniques, anxiety management strategies, and thesis advice from Docsity tutors

Subcontracting Exam: A Comprehensive Guide to Understanding Subcontracting Compliance, Exams of Advanced Education

West Virginia University (WVU)Advanced Education

A comprehensive overview of subcontracting compliance, covering key aspects such as pre-award considerations, post-award management, mandatory flow-down clauses, and small business participation requirements. It includes numerous examples and scenarios to illustrate the practical application of these principles. Particularly useful for individuals involved in government contracting, especially those responsible for managing subcontracting compliance.

Typology: Exams

2024/2025

Available from 02/25/2025

Examproff
Examproff 🇺🇸

3

(2)

8.3K documents

1 / 4

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
CLC 059 Subcontracting Exam Rated A+
A $1.7 million modification is being negotiated to a $30 million contract... the
modification is expected to result in a $3.7 million increase in costs and a $2 million
decrease... Will certified cost or pricing data be required for this modification? Why or
why not? - ANSWER-Yes, because of the sum total associated changes...
A $10 million contract for technical support services was awarded to BOOTS, Inc...
Select two that apply. - ANSWER-Notify BOOTS of the initial findings..., If the final
determination is that significant deficiencies exist in two of BOOTS...
A $2 million contract for general construction has been set aside for HUBZone small
businesses. Which of the following are subcontracts that comply with the limitations on
subcontracting for small businesses? (Select three that apply) - ANSWER-$1.6 million
subcontract with another OTSB, assuming no other subcontracts will be awarded. $1.5
million subcontract with a WOSB, assuming no other subcontracts will be awarded. $1
million first-tier subcontract with a HUBZone small business, assuming no other
subcontracts will be awarded.
A $20 million cost-plus-fixed-fee contract has been awarded to DEZ... What will you tell
her? - ANSWER-Yes, because the subcontract with EDI Engineering, LLC, is for $4
million, it is above the threshold for...
A $30 million contract was awarded to ZED, Inc., to TSS... What will you tell her? -
ANSWER-
A $30 million contract was awarded to ZED, Inc., to TSS... What would you do? (Select
three alternatives that apply) - ANSWER-
A $30 million contract was awarded to ZED, Inc., to TSS... What would you do? (Select
two that apply) - ANSWER-ZED will submit individual subcontract reports in the ESRS,
the PCO is responsible for reviewing and accepting or rejecting ZED's indiv.
subcontracting reports
A $5 million contract for office supplies has been set aside for WOSB. Which of the
following are subcontracts that comply with the limitations on subcontracting for small
businesses? (Select two that apply) - ANSWER-$3 million first-tier subcontract with a
WOSB..., $2 million subcontract with another that small business...
A $70 million contract has been awarded by the U.S. Navy to DIVE, Inc., to retrofit a...
Which of the following are the prime contractors responsibilities related to mandatory
flow-down clauses? - ANSWER-Conduct a post-award orientation conference where the
government will review with...
pf3
pf4

Partial preview of the text

Download Subcontracting Exam: A Comprehensive Guide to Understanding Subcontracting Compliance and more Exams Advanced Education in PDF only on Docsity!

CLC 059 Subcontracting Exam Rated A+

A $1.7 million modification is being negotiated to a $30 million contract... the modification is expected to result in a $3.7 million increase in costs and a $2 million decrease... Will certified cost or pricing data be required for this modification? Why or why not? - ANSWER-Yes, because of the sum total associated changes... A $10 million contract for technical support services was awarded to BOOTS, Inc... Select two that apply. - ANSWER-Notify BOOTS of the initial findings..., If the final determination is that significant deficiencies exist in two of BOOTS... A $2 million contract for general construction has been set aside for HUBZone small businesses. Which of the following are subcontracts that comply with the limitations on subcontracting for small businesses? (Select three that apply) - ANSWER-$1.6 million subcontract with another OTSB, assuming no other subcontracts will be awarded. $1. million subcontract with a WOSB, assuming no other subcontracts will be awarded. $ million first-tier subcontract with a HUBZone small business, assuming no other subcontracts will be awarded. A $20 million cost-plus-fixed-fee contract has been awarded to DEZ... What will you tell her? - ANSWER-Yes, because the subcontract with EDI Engineering, LLC, is for $ million, it is above the threshold for... A $30 million contract was awarded to ZED, Inc., to TSS... What will you tell her? - ANSWER- A $30 million contract was awarded to ZED, Inc., to TSS... What would you do? (Select three alternatives that apply) - ANSWER- A $30 million contract was awarded to ZED, Inc., to TSS... What would you do? (Select two that apply) - ANSWER-ZED will submit individual subcontract reports in the ESRS, the PCO is responsible for reviewing and accepting or rejecting ZED's indiv. subcontracting reports A $5 million contract for office supplies has been set aside for WOSB. Which of the following are subcontracts that comply with the limitations on subcontracting for small businesses? (Select two that apply) - ANSWER-$3 million first-tier subcontract with a WOSB..., $2 million subcontract with another that small business... A $70 million contract has been awarded by the U.S. Navy to DIVE, Inc., to retrofit a... Which of the following are the prime contractors responsibilities related to mandatory flow-down clauses? - ANSWER-Conduct a post-award orientation conference where the government will review with...

A $70 million contract has been awarded by the U.S. Navy to DIVE, Inc., to retrofit a... Which of the following are the prime contractors responsibilities related to mandatory flow-down clauses? (Select three that apply) - ANSWER-The prime contractor needs to monitor each subcontractor and make sure it is complying with the mandatory flow- down clauses. The prime contractor needs to make sure each subcontractor understands what it must do to comply with the flow-down. The prime contractor needs to include in its subcontracts all the applicable mandatory flow-down clauses. A 12-month, $10 million contract was awarded to a prime contractor... which of the following statements are accurate? (Select three that apply) - ANSWER-The government can assess the prime contractor a max of $400,000..., in the small business subcontracting section of CPARS..., The narrative the PCO enters... A contract has been awarded to Triple Z, Inc...Which of the roles listed below will you include on the list of invites? (Select three that apply) - ANSWER-DCMA GPA, SBP, PC and any subcontractors the PC opts to invite A prime contractor included in its ISP the goal to subcontract $350,000 to HUBZone... how will you monitor the prime contractors compliance...requirements? (Select two that apply) - ANSWER- BOOTS, Inc., recently completed work on a 1-year, $10 million contract for TSS... Which of the following statements do you agree with? (Select two that apply) - ANSWER-BOOTS made a good faith effort to achieve its SDB goal. BOOTS should not be assessed liquidated damages related to its SDB goal. If, during pre-award, the PCO entered three subcontracts in paragraph (j) of FAR 52.244-2, Subcontracts, what impact will that have on the contract, post-award? - ANSWER-The prime contract will not have to obtain consent to subcontract with the three subcontractors included in paragraph... On a contract that includes certified cost or pricing data, a DCAA audit confirm that one of the subcontractor submitted... ($2 million) What recourse does the government have?

  • ANSWER-Change the prime contract to $4 million, plus interest, compounded daily, until the overpayment is repaid The DCAA completed its review of a prime contractors estimating system... how many significant deficiencies were included in the findings? - ANSWER- What is a purchase order, task order, or other contract between a prime contractor and another business to support the prime contract and to which the government has no contractual relationship, i.e., no privity? - ANSWER-Subcontract What is the contract awarded directly by the prime contractor for the purpose of acquiring supplies or services for the performance of a prime contract? - ANSWER- First-tier subcontract

Which of the following statements is accurate? - ANSWER-Other than small businesses must comply with small business participation requirements. You are monitoring a prime contractors compliance with its SBP requirements... What will you do now? (Select two that apply) - ANSWER-Ask the prime contractor for an explanation of why it is subcontracting with WOSB..., ask the prime contractor for an explanation... You are reviewing a prime contractors individual subcontract report...What will you do now? (Select two that apply) - ANSWER-Read the Remarks field of the ISR to discover why the..., Read the Remarks field of the ISR to discover what efforts the....