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Exam (elaborations)

Week 5 (FAR 15 & 18).

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Week 5 (FAR 15 & 18).

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  • June 8, 2024
  • 11
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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Week 5 (FAR 15 & 18)

Best Value Continuum - ANS-Gives the government the different ways of looking at data
provided to get best value offer
Agency may consider requirements, risk and past performance, cost

Trade off Process - ANS-Appropriate when it may be in the best interest at the gov to
consider award to other than the lowest priced offeror or other than the highest
technically rated offeror
Permits trade offs among cost or price and non-cost factors
permits the gov to make an award to the other than the lowest priced proposal (but must
have benefits an documented rationale and solicitation must note other evaluation
factors/subfactors than may be equal or less or more than price.

Lowest price technically acceptable - ANS-Appropriate when best value is expected to
result from selection of the technically acceptable proposal with the lowest evaluated
price
-Trade offs not permitted
-award s made on the basis of lowest evaluated price of proposals meeting or
exceeding the acceptability standards for non cost factors

Oral Presentations - ANS--May substitute for o augment written information
-Offered to streamlined process
-May occur at anytime in process
-Subject to same restrictions as written info, regarding --Time and content
-Opportunity for dialogue
-Pre-recorded is not counted
-T&C's must be put in writing
-Incorporated by reference of oral statement is not permitted

Exchange of Information is encouraged to - ANS-Improve the understanding of gov
requirements and industry capabilities
Allow potential offerors to judge whether or how they can satisfy the gov requirements
Enhance the gov's ability to obtain quality supplies and services at reasonable prices
increase efficiency in proposal preparation, proposal evaluation, negotiation and
contract award

, Techniques to promote early exchange of information include - ANS-Industry or SB
conference
Public hearings
Market Research
1 on 1 meetings with potential offerors
Pre-solicitation notices or conferences
Draft requests or Proposals
Request for information

Request for Proposal (RFP) - ANS-Used to communicate gov requirements and solicit
proposals
must describe the gov requirements, anticipated terms and conditions, information
required to be the proposal , evaluation factors and significant subfactors and their
importance

Request for Information (RFI) - ANS-No current intention to award a contract but wants
to obtain price delivery or market information, or capabilities for planning. Responses
are not offers

A Letter RFP relieves the contracting officer from complying with other FAR
requirements typical of a "standard" RFP. True or False? - ANS-False

Verbal RFP can be used when? - ANS-When processing a written RFP would delay the
acquisition of supplies or services to the detriment of the government and a notice is not
required under FAR 5.202 (Perishable food and support of contingency operations or
other emergency)

Uniform Contract Format shall include what parts in all solicitations unless excluded
elsewhere in the FAR? - ANS-Part I - Schedule
Part II - Contract Clauses
Part III - List of Docs, exhibits or other attachments
Part IV - Reps and Instructions

Name the sections included in Part I - Schedule - ANS-A - Solicitation/ Contract form
B - Supplies or Services and prices/Costs
C- Description/Specification/SOW
D - Packaging & marking

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