2024 contracting officer - Study guides, Class notes & Summaries

Contracting Officer Warrant Board Questions and Answers 2024 Solved 100%

CON 3990 Exam (Latest 2024/ 2025 Update) Questions and Verified Answers-100% Correct-Grade A Q: How many parts are there in the FAR? Answer: 53 Q: What is a Procurement Instrument Identifier (PIID)? Answer: A unique number identifying each solicitation, contract, agreement, or order and related procurement instrument Q: The DoD Procurement Instrument Identifier (PIID) is 13 positions long. Position 9 identifies the type of instrument. If position 9 is a "D", whic...

Contracting Officer Representative Course 2024 with complete solution

CON 1100V Exam (2024/ 2025 Update) Questions and Verified Answers-100% Correct-Grade A Q: It may be said that a Contracting Specialist DOES NOT become a Contracting Officer until Answer: he/she is awarded a warrant. Q: FAR 1.102-4(e) states that: Answer: contracting officers "should take the lead in encouraging business process innovations and ensuring that business decisions are sound." Q: The contracting professional should strive to __________ the influence of p...

CON 1100V Exam (Latest 2024/ 2025 Update) Questions and Verified Answers-100% Correct-Grade A Q: A is any request to submit offers or quotations to the Government. Answer: A solicitation is any request to submit offers or quotations to the Government. Q: Solicitations under sealed bid procedures are called . Answer: Solicitations under sealed bid procedures are called Invitation for bid. Q...

CFCM Prep Questions and Answers Latest Updated 2024/2025 (100%Solved). How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? (a) Annually (b) Bi-annually (c) Every five years (d) Only as required - Correct Answer-(c) Every five years (FAR 1.109) A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is defined as: (a) A ratification (b) Determi...

CON 3900 Practice Exam: Questions & Answers Latest 2024/2025 (100% Correct) Market research is conducted during which phase of acquisition? (Ans- All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? (Ans- Deviation Simplified Acquisition Procedures (SAP) should (Ans- Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? (Ans- DD Form 1547, Weighted Guidelines Method What type(...

CFCM Prep Questions and Answers Latest Updated 2024/2025 (100%Solved). How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? (a) Annually (b) Bi-annually (c) Every five years (d) Only as required - Correct Answer-(c) Every five years (FAR 1.109) A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is defined as: (a) A ratification (b) Determi...

CON 3900 Week 2 Exam Questions and Answers Latest Updated 2024/2025 (100% Correct) It is the Government's policy that before executing a contract, the contracting officer must: (Ans- Obtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Government contracting? (Ans- Purchase the requirement as a commercial item. Acquisition planning should begin: (Ans- As soon as the agency need is identifi...

CFCM Prep Questions and Answers Latest Updated 2024/2025 (100%Solved). How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? (a) Annually (b) Bi-annually (c) Every five years (d) Only as required - Correct Answer-(c) Every five years (FAR 1.109) A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is defined as: (a) A ratification (b) Determi...