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FAM 104 MOD 2 EXAM TEST BANK QUESTIONS AND CORRECT DETAILED ANSWERS £10.16   Add to cart

Exam (elaborations)

FAM 104 MOD 2 EXAM TEST BANK QUESTIONS AND CORRECT DETAILED ANSWERS

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  • Module
  • FAM 104
  • Institution
  • FAM 104

FAM 104 MOD 2 EXAM TEST BANK QUESTIONS AND CORRECT DETAILED ANSWERS Define Product Support - Answer Continuous and collaborative set of the activities and establishes and maintains readiness and the operational capability of a system, subsystem, or end-item throughout its life cycle Describe t...

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  • September 28, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • FAM 104
  • FAM 104
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FAM 104 MOD 2 EXAM TEST BANK
QUESTIONS AND CORRECT
DETAILED ANSWERS
Define Product Support - Answer ✔ Continuous and collaborative set of the activities
and establishes and maintains readiness and the operational capability of a system,
subsystem, or end-item throughout its life cycle

Describe the purpose of performance-based logistics (PBL) - Answer ✔ PBL specifies
outcome performance goals of a system

Describe the role of Air Logistic Complexes (ALC) - Answer ✔ Organic capability to
overhaul, modify, sustain, new/existing weapon system

Describe organic support and contractor logistic support (CLS) - Answer ✔ Organic
support is done by Government personnel
CLS is support done by the contractor

Define the Core - Answer ✔ It is essential for national defense that the DoD maintains a
core logistic capability that is government owned and government operated

Define the 50/50 Law - Answer ✔ Not more than 50% of funds made available in a fiscal
year to a military's department for a depot-level maintenance and repair may be used to
contract for the performance of such workload by non-Federal Government personnel

Cant give more than 50% of money to contractors for depot-level maintenance and
repair including personnel

Describe the Depot Source of Repair (DSOR) process - Answer ✔ SORA (Source of
Repair Assignment) - Is it government or contractor

Depot Maintenance Underservice (DMI) - Which organic depot? For either organic or
contractor

Define the purpose of the Federal Acquisition Regulation (FAR) - Answer ✔ Primary
regulation for use by all executive agencies in their acquisition of supplies and services
with appropriated funds

, Describe the competition in Contracting Act (CICA) - Answer ✔ 1. Promote full and open
competition when feasible
2. Better competition
3. Less cost
4. Better Performance

Define privity of contract - Answer ✔ - A prime contractor and the Government have a
direct contractual relationship
- NO direct relationship between Government and subcontractors

Describe the role of the Procurement Contracting Officer (PCO) and the Buyer - Answer
✔ - PCO can enter, administer, and terminate contracts and is responsible for all things
contracting
- Buyer is a PCO in training, can do everything a PCO can do except sign

Describe the two basic types of contracts (cost reimbursable vs. fixed price) - Answer ✔
Cost - Pay the best effort, the risk to Gov, Guaranteed profit, More gov surveillance
Fixed price - Set price, delivery expected

List expedited contract options - Answer ✔ ID/IQ & Other Transactions

Explain the importance of contract incentives - Answer ✔ Incentives encourage better
performance, better schedule, and better costs

Explain the purpose of Undefinitized Contract Action (UCA) - Answer ✔ Authorizes work
to start prior to negotiated contract

Describe the importance of market research - Answer ✔ Happens during the pre-award
phase to bring the expertise of industry to the acquisition process

Describe the purpose of a Request for Proposal (RFP) and Sections L and M - Answer
✔ RFP: Solicit proposals from interested parties

Section L: Instructions, Conditions, and Notices
Section M: Evaluation factors for award

Explain the difference between SOO and SOW - Answer ✔ SOO is the end result, less
risky to gov't
SOW describes how work will be done, more risky to the govt

**Describe the role of DCMA - Answer ✔ Performs contract administration
Works directly with contractors
ACO, technical experts, FMs, Quality Assurance

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