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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 those ...

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

Con 3990 prep Questions and 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 (thi s is done by the contractor or sub)




In planning the solicitation




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✓ 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 al so verify availability of funds.




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...




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✓ The contract manager will participate in choosing a contract type and

contracting method, help determi ne 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


✓ 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?




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✓ 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


✓ 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?

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