CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024, Exams of Accounting

Download CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 and more Exams Accounting in PDF only on Docsity! CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 CON 2370 Simplified Acquisition Procedures Take 14 Graded A 2023 Which one of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? - Answers - Purchases shall be made in the simplified manner that is most suitable to the circumstances of the acquisition. Not - The use of SAP is authorized for all commercial acquisitions Not - The purpose of SAP is to improve opportunities for small businesses to obtain a fair portion of Government contracts Not - Agencies may separate requirements into smaller purchases that do not exceed SAT in order to maximize the use of SAP You are reviewing the requirements package for the purchase of lab equipment for a health clinic that does not exceed the SAT. It must be compatible with the equipment currently being used at the clinic. This is essential in meeting the agency's needs. Market research identified only one manufacturer able to meet the requirement for compatible equipment. Which one of the following is correct regarding the policies for describing your agency's needs? - Answers - The basis for not providing for maximum competition must be documented in the contract file. CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 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 performing the services is not meeting the Commander's expectations. Consistent with the order of precedence for requirements documents, which one of thefollowing documents would be included in the new contract? - Answers - PWS Which one of the following mandatory Government sources is the first priority for satisfying a requirement for services? - Answers - Not - Federal Prison Industries 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? - Answers - Not - A portion of the acquisition may be set aside exclusively for small business CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 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. 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? - Answers - 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? - Answers - Blanket Purchase Agreement (BPA) Which one of the following is NOT one of the first steps taken when quotations are received in response to a solicitation using SAP? - Answers - Not - Reviewing the quotations for responsibility CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 Not - Reviewing electronic and digital submission to ensure they are readable Ranking the quotations by technical acceptability Ensuring quotations are marked with the date and time they were received Which one of the following statements about the evaluation of quotations or offers using SAP is true? - Answers - Not - discretion to evaluate quotations. Not - A formal evaluation must be established prior to evaluating quotations or offers. Not - A formal evaluation plan must be established prior to receipt of quotations or offers Not - For efficiency purposes, the contracting officer is not required to consider all quotations or offers. Not - Conducting comparative evaluations of quotations or offers is not permitted. Contracting officers have the discretion to use the evaluation procedures prescribed in FAR parts 14 and 15. CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 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? - Answers - The requirement must be resolicited in order to obtain competition. Recent purchases Which one of the following is NOT correct regarding documenting the award of a buy using SAP? - Answers - Maybe not - Records of oral price quotations must be established to clearly reflect the appropriateness of the award decision. Not - Price reasonableness should be based on competitive quotes or offers whenever possible. A statement of price reasonableness is not required when only one quote or offer is received. 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? - Answers - Which one of the following would result in the establishment of a contract? - CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 The order was not accepted in writing by the contractor. Which one of the following statements is true? - Answers - The purchase order is considered cancelled if the contractor accepts the Government's written cancellation and does not claim costs were incurred. 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 requirement. The generators were previously procured using a military specification that includes restrictive conditions that are not justified. Which one of the following is correct regarding the policies for describing your agency's needs? - Answers - The requirement should be defined in terms that ensure it can be met by commercial products. Only one quote was received in response to your competitive solicitation for Government-unique tool kits that utilized the lowest price technically acceptable source selection process. The quote, from Tool Warehouse, was determined to be technically acceptable and was for a price of $124,500. Which one of the following statements about the award decision is correct? - Answers - You have a requirement for a noncommercial purchase with an estimated value of $225,000. Notice of the proposed contract action is required, and no exceptions apply CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 Which one of the following solicitation methods would be most appropriate? - Answers - Not - Combined synopsis/solicitation. not written solicitation 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 price reasonableness determination is most appropriate? - Answers - Not - There is no negotiations to conduct of obtain market research to support the determination of price reasonableness. 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? - Answers - 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. CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 Which one of the following statements is correct? - Answers - 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? - Answers - 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 CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 were successfully performed. Which one of the following statements about contract closeout is correct? - Answers - The contract file cannot be closed at this time You are the contracting officer for a firm-fixed-price purchase order for noncommercial supplies that includes the clause at FAR 52.213-4. One week 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. - Answers - 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? - Answers - 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? - Answers - The use of simplified acquisition procedures is authorized CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 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? - Answers - 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 - Answers - 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? - Answers - Not - Simplified acquisition procedures must be used The use of simplified acquisition procedures is prohibited CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 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? - Answers - 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 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? - Answers - Recent purchase prices paid for the item under similar terms and conditions should be considered if they are still valid comparison CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 You have a requirement for training services with an estimated value of $750,000. 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 5 small businesses and 3 large businesses. Which one of the following statements is true? - Answers - Not - The entire acquisition must be competed between the small and large businesses. Not - A portion of the acquisition may be set aside exclusively for small business. Not - The entire acquisition may be set aside exclusively for small business. The entire acquisition must be set aside exclusively for small business. 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? - Answers - You must provide a brief explanation of the basis for the award decision You are the contracting officer for a requirement for a commercial product with an estimated value of $6,200. None of the exceptions in FAR 5.202 apply. CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 Which one of the following correctly describes the requirement for publicizing this proposed contract action? - Answers - Not - Notice of the proposed action must be transmitted to the GPE 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? - Answers - The contract is considered closed once you receive evidence of receipt of property and final payment Take 13 - Answers - take 13 You have just been informed that a purchase order you recently awarded for commercial services 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? - Answers - Not - The purchase order is considered cancellation if the contractor accepts the Government's cancellation and does not claim costs were incurred. 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. CON 2370 SIMPLIFIED ACQUISITION PROCEDURES EXAM 2023-2024 Which one of the following statements is correct? - Answers - Not - You have the right to exercise the option using a unilateral modification Which one of the following is NOT a mandatory Government source for satisfying a supply requirement? - Answers - Not - Excess from other agencies 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? - Answers - Not - The purchase order is considered cancelled if the contractor accepts the Government's written cancellation and does not claim costs were incurred 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? - Answers - Not -Vendor B 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? - Answers - agreement parties