CLM 059 Fundamentals of Small Business for the Acquisition Workforce

1. You have just been notified of an upcoming procurement and market research should be accomplished. Which of the following factors should be considered most applicable in deciding how in-depth market research should be? a. Complexity of the requirement b. Sole source recommendation by the Program Manager c. Past experience by a large business d. Estimated dollar value of the previous contract 2. Which system is used by agencies to monitor and record contract compliance? a. Past Performance Information Retrieval System (PPIRS) b. Dynamic Small Business Search (DSBS) c. Contractor Performance Assessment Reporting system (CPARS) d. Federal Procurement Data-System- Next Generation (FPDG-NG) 3. Which of the following can affect acquisition regulations and policies that influence small business? Select three that apply. a. Modification b. Court Decisions c. Legislation d. Inspector General (IG) Recommendations 4. Access Federal Acquisition Regulation (FAR) Part 19.402 and use it to answer the following question. What is the role of the Small Business Administration (SBA) Procurement Center Representative (PCR) in an acquisition? Select two that apply. a. Review proposed acquisitions to recommend set-asides or other strategies that will increase small business utilization b. Impose penalties on a contract