Exam (elaborations)
BACK TO BASIC CERTIFICATION CONTRACTING EXAM (2024) QUESTIONS WITH COMPLETE SOLUTIONS, GRADED A+
- Course
- Institution
BACK TO BASIC CERTIFICATION CONTRACTING EXAM (2024) QUESTIONS WITH COMPLETE SOLUTIONS, GRADED A+
[Show more]
Content preview
BACK TO BASICCERTIFICATION
CONTRACTING EXAM
(2024) QUESTIONS
WITH COMPLETE
SOLUTIONS, GRADED
Evatee 9/10/24
BACK TO BASIC CERTIFICATION
CONTRACTING
,BACK TO BASIC CERTIFICATION
CONTRACTING EXAM (2024) QUESTIONS
WITH COMPLETE SOLUTIONS, GRADED A+
What are the 3 phases of contract life cycle? Answer - Pre-Award, Award, and
Post-Award
The Pre-award phase consists of 2 primary activities, what are they? Answer -
Develop Solicitation and Develop Offer
What one activity is in the award phase? Answer - Form the Contract
The post-award phase is comprised of 2 primary activities, what are they?
Answer - Perform Contract and Close Contract
Who develops a solitication? Answer - The Government and the buyer
Who prepares an offer? Answer - The Contractor and the seller
During the post-award phase while the contract is being performed, who has
the responsibility for quality? 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? Answer - Acquisition
,What FAR part covers personal conflict of interest? Answer - FAR Part 3
What FAR part covers organizational conflict of interest? 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? Answer - The Contracting Officer
Openness for the contracting officer applies primarily to? Answer - The
Acquisition Team, Contractor, Offerors, and The Contracting Team
What is a Determination and Findings (D&F)? Answer - Determination is a
conclusion or decision supported by the findings.
What is a special form of written approval by an authorized official that is
required by statute or regulation as a prerequisite to taking certain contract
actions. Answer - A Determination and Findings (D&F)
What is it called when a practice of conducting acquisition actions of any kind
at any stage of the acquisition process that is inconsistent with the FAR?
Answer - Deviation
What is a summary of the contractor's proposal, any field pricing assistance
recommendations, including the reasons for any pertinent variances from
them, the Government's negotiation objective, and the negotiated position.
Where the determination of 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. Answer - Negotiation
, You need to document a business decision, such as the use of a specific
contract type. What document will you create? Answer - A Determination and
Findings (D&F)
At the conclusion of negotiations, the contracting officer will complete a what?
Answer - Price Negotiation Memorandum (PNM)
Prior to negotiation a sole source contract, the contracting officer must
complete a what? 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. Answer - SF 26 - Award/Contract
This form is used to amend any solicitation or modify any contract. Answer - SF
30 - Amendment of Solicitation/Modification of Contract
This form may be used to award either negotiated contracts or contracts
utilizing sealed bidding. 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. 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. Answer - SF
1449 - Solicitation/Contract/Order for Commercial Items
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EvaTee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $28.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
