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Con 3990 prep Questions and Correct Answers | Latest Update

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What are the three contracting life cycle phases -:- Pre-award, Award, and Post-award Define the pre-award phase -:- Invokes all work performed by both the buyer (Gov't or Prime Contractor) and seller (contractor or sub) in communicating the buyer's requirements and providing a solution to...

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  • 10 september 2024
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Con 3990 prep Questions and Correct
Answers | Latest Update
What are the three contracting life cycle phases

✓ -:- Pre-award, Award, and Post-award




Define the pre-award phase

✓ -:- Invokes all work performed by both the buyer (Gov't or Prime Contractor) and

seller (contractor or sub) in communicating the buyer's requirements and providing

a solution to those requirements




What typically starts before the contracting process?

✓ -:- Requirement definition, budgeting/funding process, and acquisition planning.




The pre-award phase consist of what two primary activities?

✓ -:- Develop Solicitation (for our purpose, this is done by the Gov't or the

contractor) and develop offer (this is done by the contractor or sub)




In planning the solicitation

✓ -:- The buying activity must assess the need and analyze the requirement as well

make sure that contract outcomes will be measurable and properly incentivized.

They buying activity must also verify availability of funds.



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,2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

Buying activities must also

✓ -:- Conduct market research to identify potential suppliers, evaluate if the

requirement is achievable, and perform any pre-offer conferences or communication




Market Research happens in what phases of contracting life cycle?

✓ -:- Is a process continuous through out all phases of the contracting life cycle




In planning the solicitation...

✓ -:- Buying activities should analyze risk that can take the form of performing make or

by decisions, conducting a supply or service determination, and understanding the

required schedule or needs of the customer.




Before finalizing the solicitation...

✓ -:- The contract manager will participate in choosing a contract type and contracting

method, help determine applicable regulations, and assist in building an evaluation

strategy for offers.




In response to a solicitation...

✓ -:- The seller will submit an offer




The sellers offer should include




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,2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

✓ -:- The offer must've line with the offerers overall sales plan and overall risk

category. determining which parts of the contract performance the offer will need

assistance from partners, subcontractors, or vendors. Communicate with the buying

activity to make sure all information has been provided




What is the award phase?

✓ -:- The second contract life cycle phase is award. The word phase involves all work

performed by both the buyer and seller that produces an award contract.




What is one activity in the ward phase?

✓ -:- Form the contract




When the government receives offers they must analyze proposals for what?

✓ -:- In terms of risk, review for price of reasonableness, and document the results of

the analysis.




Based on the analysis of proposal, to plan for negotiations the government may ask for?

✓ -:- Clarification from offers and then develop negotiation objectives. The offer will

respond to the request for clarification and prepare for negotiations as well.




True or false; the buyer and seller may exchange ideas or have discussions, they may be

informal or highly structured as needed during the award phase



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, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

✓ -:- True




After reviewing proposals and analyzing the proposals and having exchanges with the sellers,

the buyer will then?

✓ -:- Select a source




What is the third contract life cycle phase?

✓ -:- Post award phase




What are the two primary elements of the post ward phase?

✓ -:- Perform contract and Close Contract




What is involved in the post award phase?

✓ -:- Involves all the work performed by both the buyer and seller during contract

performance, to include changes to the contract, contract close out, and sometimes

termination of a contract.




What happens during post award phase activity perform the contract?

✓ -:- During this phase, we are monitoring risk in assessing its impact on contract

performance ensuring compliance with one contractual terms and conditions and

two contract technical requirements during contract performance up to contract

close out or termination



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