CON 3990 Thresholds and Dates Exam Study Guide with Complete Solutions
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Course
2024/2025
Institution
2024/2025
CON 3990 Thresholds and Dates Exam
Study Guide with Complete Solutions
Simplified Acquisition Threshold - Answer-$250,000
Micro Purchase Threshold - Answer-$10,000
Special authority to use SAP for the acquisition of commercial items exceeding the SAT but not exceeding
- - Answer-$7.5M
Thresho...
Threshold for when the Contract Closeout Checklist is required - Answer✔✔-> $250,000 (that are not
subject to automated closeout procedures)
Threshold for when a closeout can utilize the automated closeout process - Answer✔✔-< $500,000
Threshold for when a contract qualifies for quick closeout (when the total unsettled direct and indirect
costs to be allocated to a contract) - Answer✔✔-< $2M
Threshold for when Market Research is required - Answer✔✔-> $250,000
Threshold for when the Contracting Officer is the SSA - Answer✔✔-< $100M
Threshold for when discussions are not required for an acquisition (but are still encouraged) -
Answer✔✔-<$100M
Threshold for when past performance shall be evaluated in all source selections for negotiated
competitive acquisitions - Answer✔✔-> $250,000
When should the Government rely on the contractor to accomplish all inspection and testing needed to
ensure that supplies or services conform to contract quality requirements before they are tendered to
the Government? - Answer✔✔-< $250,000
How long do offerors eliminated from the competitive range have from notice of elimination to request a
debriefing? - Answer✔✔-3 days
When does the KO have to notify the offeror of elimination from the competitive range? - Answer✔✔-
Immediately
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