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ACQ 101 EXAM 2 questions well answered rated A+ 2023
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Exam of 18 pages for the course ACQ at ACQ (ACQ 101 EXAM 2)
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ACQ 101 EXAM 2Acquisitions Plans Policy - correct answer Agencies shall perform acquisition planning and conduct market research for all acquisitions in order to promote and provide for:
Acquisition of commercial or non nondevelopment items
Full and open competition
Selection of appropriate contract type
Appropriate consideration of the use of pre-existing contracts
When does Acquisition Planning begin? - correct answer Should begin as soon as the agency need is identified
Acquisition Planning Responsibility - correct answer The Agency head, PM or other official designee responsible for the program, has overall responsibility for the acquisition planning
Market Research - correct answer FAR Part 10
collecting and analyzing information about capabilities within the market to satisfy agency needs
Requires documentation of data collected
Benefits of Market Research - correct answer Disclose any law or regulation that applies
If the supply or service is readily available
If research and development is required
If DoD is currently buying this supply/service
Risk
If supply/service is on the government required sources list
Extent of Market Research - correct answer Varies based on: Urgency
Estimated dollar value
Complexity
Past experience
Amount of info already available
How much market research should we do? - correct answer Continuous
Government's Preferred Approach to Acquisition - correct answer Government preference in procuring supplies shown on a continuum:
Commercial Off-the-Shelf
Minor modifications
Non-developmental items
Government unique
What is a Commercial Item? - correct answer Found in FAR Part 12
Any item other than real property that is of a type customarily used by the general public or by non-
governmental entities for purposes other than governmental purposes, and—
Modified Commercial Item - correct answer The product is considered commercial if it retains 50% of its original functionality
Non-Developmental Items (NDI) - correct answer Developed expressly for government use
- contractor paid for all of the developmental costs
- item is sold in substantial quantities, on a competitive basis, to multiple government offices (State and Federal)
Government Unique Requirements - correct answer Only for Government - Begin with R&D - Costly and lengthy
Examples:
Armaments
Nuclear submarines
Fighter aircraft
Missiles
Helicopters
2 Types of Market Research - correct answer Strategic market research Tactical market research
Strategic market research - correct answer On-going
Not specific
Tactical market research - correct answer Focused
Specific
Why do we use market research? - correct answer Meet agency's requirements
Potential Sources for Market Research - correct answer System for Award Management-www.sam.gov
FedBizOps
Catalogs
Trade shows
Historical acquisition data
GSA Advantage - Federal Supply Schedules
Describing Agency Needs - correct answer FAR Part 11
- In fulfilling requirements, agencies shall specify needs using market research in a manner designed-
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