5 Stages of the contracting life cycle Right Ans - -Acquisition planning
-solicitation
-evaluation
-award
-contract administration
Which stage includes modifications, performance, payments, and contract
closeout? Right Ans - contract administration stage
The purpose of the Contracting Subway Map is to Right Ans - provide the
user with a generalized order of events in the acquisition contracting process
1. What affects how we effectively motivate contractors through the life cycle?
Right Ans - governments business strategies
contracting officer Right Ans - a person with the authority to enter into,
administer, and/or terminate contracts and make related determinations and
findings
Contract Specialist Right Ans - A person responsible for assisting the KO
through every stage of contract development, from researching the
acquisition regulations, to negotiating the terms , and preparing contract
documents.
When contemplating the business strategy of a procurement, what should the
acquisition team consider when aligning the strategy to the contractor
motivations? Right Ans - Contract type and length, financing arrangements,
profit/fee percentages, performance evaluation, data rights, required
warranties, maintenance/sustainment, and future requirements
What is the role of the contracting professional? Right Ans - Guiding
customer and other stakeholders through contract life cycle stages
T/F Contract management requires both general and business skills in areas
such as problem solving, critical thinking, costumer focus, communication,
and technical credibility. Successful contract management does not allow for
adaptability in a changing business environment. Right Ans - False
, One of the initial steps in Acquisition Planning is to identify the Acquisition
Team. FAR 1.102-4(e) describes the role of the Contracting Officer within the
Acquisition Team Right Ans - It says that Contracting officers should take
the lead in encouraging business process innovations and ensuring that
business decisions are sound.
The Adaptive Acquisition Framework (AAF) includes six pathways to enable
the workforce to tailor strategies to deliver better solutions faster. What are
those 6 pathways? Right Ans - 1. Urgent Capability
2. Middle Tier DoD
3. Major Capability
4. Software Acquisition
5. Defense Business
6. Acquisition of Services
Urgent Capability Right Ans - fulfill urgent existing and/or emerging
operational needs or quick reactions in less than two years.
Middle Tier DoD Right Ans - rapidly develop fieldable prototypes within
acquisition program to demonstrate new capabilities and/or rapidly field
production quantities of systems with proven technologies that require
minimal development.
Major Capability Right Ans - acquire and modernize military unique
programs that provide enduring capability
Software Acquisition Right Ans - facilitate rapid and iterative delivery of
software capability systems to user
Defense Business Right Ans - acquire information systems that support
DoD business operations
Acquisition of Services Right Ans - acquire services from private sector
including knowledge-based, construction, electronics and communications,
equipment, facilities, product support, logistics, medical, research and
development, and transportation services.
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