CON 2370 Simplified Acquisition Procedures Exam Study Guide Latest Version Updated 2023, Exams of Computer Science

Download CON 2370 Simplified Acquisition Procedures Exam Study Guide Latest Version Updated 2023 and more Exams Computer Science in PDF only on Docsity! CON 2370 Simplified Acquisition Procedures Exam Study Guide Latest Version Updated 2023-2024 Which one of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? ---------- Correct Answer --------- Purchases shall be made in the simplified manner that is most suitable to the circumstances of the acquisition. Not - The use of SAP is authorized for all commercial acquisitions Not - The purpose of SAP is to improve opportunities for small businesses to obtain a fair portion of Government contracts Not - Agencies may separate requirements into smaller purchases that do not exceed SAT in order to maximize the use of SAP Not - Contracting officers required to use a combination of the procedures in FAR 12, 13, 14, and 15 when using SAP? You are reviewing the requirements package for the purchase of lab equipment for a health clinic that does not exceed the SAT. It must be compatible with the equipment currently being used at the clinic. This is essential in meeting the agency's needs. Market research identified only one manufacturer able to meet the requirement for compatible equipment. Which one of the following is correct regarding the policies for describing your agency's needs? ---------- Correct Answer --------- The basis for not providing for maximum competition must be documented in the contract file. You have a requirement for a new contract for grounds maintenance at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations. Consistent with the order of precedence for requirements documents, which one of thefollowing documents would be included in the new contract? ---------- Correct Answer --------- PWS Which one of the following mandatory Government sources is the first priority for satisfying a requirement for services? ---------- Correct Answer --------- Not - Federal Prison Industries Not - The Procurement List maintained by The Committee for Purchase From People Who Are Blind or Severely Disabled Not - Federal supplies Inventories of the requiring agencies You have a requirement for help desk support with an estimated value of $450,000. Market research shows there are numerous potential offerors that are competitive in terms of market prices, quality, and delivery. The list of potential offerors includes 6 small businesses and 4 large businesses. Which one of the following statements is correct? ---------- Correct Answer --------- Not - A portion of the acquisition may be set aside exclusively for small business The entire acquisition must be set aside exclusively for small business Which one of the following market research results would NOT support a commerciality determination? ---------- Correct Answer --------- Not - The tool is sold on a competitive basis in substantial quantities to multiple State governments and was developed at private expense. Not - The services are offered and sold competitively in substantial quantities in the commercial marketplace based on a catalog. Not - The equipment has been offered for sale to the general public and will be used for nongovernment purposes. The part sold to the general public needs' extensive modifications not customarily available in the commercial marketplace. Not - The tool has been sold to the general public and is used for nongovernmental purposes You have a requirement for water restoration services at your base in Louisiana. These services are of a type sold competitively in substantial quantities in the commercial marketplace based on market prices. The estimated dollar value of the acquisition is $1,250,000. Which one of the following statements is true? ---------- Correct Answer --------- The use of simplified acquisition procedures authorized. You are the buyer for a construction requirement with an estimated value of $75,000. A notice of the proposed contract action is required. Not - A statement of price reasonableness is not required when only one quote or offer is received. You just made a purchase for supplies in the amount of $22,300. You solicited quotations orally from four local sources. Which one of the following statements is correct regarding providing notice to the unsuccessful suppliers? ---------- Correct Answer --------- Not - Notice to unsuccessful suppliers is naver required when using SAP Notice to the unsuccessful suppliers will only be given if requested Not - Notice must be provided to each of the unsuccessful suppliers. Not - Notice to the unsuccessful suppliers cannot be provided because an oral solicitation was used Which one of the following would result in the establishment of a contract? ---------- Correct Answer --------- Not - Supplier validates the terms of the quotation Not - Government issuance of an order in response to a quotation x Supplier's written acceptance of an order Not - Supplier furnishes the ordered supplies Three quotes were received in response to your solicitation for training services. Evaluation was based on a tradeoff between price and past performance. The assigned past performance ratings and quoted prices were as follows: Vendor A - Unacceptable, $216,150; Vendor B - Acceptable, $248,500; and Vendor C - Outstanding, $237,200. Which one of the following statements about the award decision is correct? ---------- Correct Answer --------- There is not enough information to determine an apparent awardee Not - Vendor B is the apparent awardee and price reasonableness could be based on any reasonable basis Not - Vendor A is the apparent awardee and price reasonableness would be based on competition. Vendor C is the apparent and price reasonableness would be based on competition You are the contracting officer for a noncommercial bilateral purchase order for supplies valued at $155,600. Which one of the following actions would be executed using a unilateral modification? -- -------- Correct Answer --------- Not -Making a negotiated equitable adjustment You are the contracting officer for a firm-fixed-price purchase order for commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the Government was submitted five days late. You investigate and verify that the report was submitted late. Which one of the following statements regarding the nonconforming performance is FALSE? ---------- Correct Answer --------- Not - The Government may seek an equitable price reduction for accepting the late report if reperformance of the nonconforming service is not possible. Not - The government may seek consideration for accepting the late report if reperformance of the nonconforming service is not possible. Not - The Government may require reperformance of the nonconforming service at no increase to the contract price. The government must pay for the reperformance of the nonconforming service because the report was accepted. You have just been informed that a purchase order you recently awarded for commercial supplies is no longer needed and must be cancelled. The order was not accepted in writing by the contractor. Which one of the following statements is true? ---------- Correct Answer --------- The purchase order is considered cancelled if the contractor accepts the Government's written cancellation and does not claim costs were incurred. You are reviewing the requirements package for the purchase of automatic standby generators. Market research results identify multiple sources in the commercial marketplace that meet the essential physical characteristics for this requirement. The generators were previously procured using a military specification that includes restrictive conditions that are not justified. Which one of the following is correct regarding the policies for describing your agency's needs? ---------- Correct Answer --------- The requirement should be defined in terms that ensure it can be met by commercial products. Only one quote was received in response to your competitive solicitation for Government-unique tool kits that utilized the lowest price technically acceptable source selection process. The quote, from Tool Warehouse, was determined to be technically acceptable and was for a price of $124,500. Which one of the following statements about the award decision is correct? ---------- Correct Answer --------- Not - The requirement must be resolicited in order to obtain competition Award can be made to Tool Warehouse only if the price can be determined reasonable based on comparison to the IGE x Award can be made to Tool Warehouse if the price can be determined reasonable using any reasonable basis Award can only be made to Tool Warehouse after obtaining approval for the absence of competition You have a requirement for a noncommercial purchase with an estimated value of $225,000. Notice of the proposed contract action is required, and no exceptions apply Which one of the following solicitation methods would be most appropriate? ---------- Correct Answer --------- Electronic Commerce Not - Combined synopsis/solicitation. not written solicitation Not - Oral Solicitation Not - Written solicitation You are the contracting officer for a commercial product requirement with an estimated value of $415,000. Six quotations that meet the Government's requirement were received in response to the solicitation and there is no reason to believe the proposed prices are unreasonable. Which one of the following statements about the price reasonableness determination is most appropriate? ---------- Correct Answer --------- Not - There is no negotiations to conduct of obtain market research to support the determination of price reasonableness. Comparison of the quotations will likely meet the requirements to obtain market research in support of the fair and reasonable determination You are the contracting officer for a firm-fixed-price purchase order for commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the Government was submitted five days late. You investigate and verify that the report was submitted late. The contractor and the Government would share the cost You have a requirement for a one-time purchase with an estimated value of $18,700. This acquisition is not required to be synopsized and access to the solicitation will not be provided in the GPE. Which one of the following describes the competition requirement for this acquisition? -- -------- Correct Answer --------- Not - The acquisition must fully utilize full and open competition Not - $18,700Quotes must be solicited from well-known suppliers x Competition is normally obtained by soliciting from sources within the local trade area. Not - There is no requirement for competition if the price is considered reasonable. You have a requirement for repair parts to support routine maintenance services at the shop on your base. The parts are sold to the general public and are used for nongovernmental purposes. The estimated dollar value of the acquisition is $625,000. Which one of the following statements is true? ---------- Correct Answer --------- The use of simplified acquisition procedures is authorized You just made a purchase for services in the amount of $20,700. You used a written solicitation to solicit quotations from three local sources. Which one of the following statements is correct regarding providing notice to the unsuccessful vendors? ---------- Correct Answer --------- Notice to the unsuccessful vendors will only be given if requested You are the contracting officer for a firm-fixed-price purchase order for commercial supplies with a value of $565,000. Two weeks after delivery and acceptance of the items, the end user complains that the goods are not functioning as expected. You investigate and determine that the items are not fully compliant with the specification in the contract. Who would bear the cost of correcting the nonconforming supplies that were accepted by the Government?Correct ---------- Correct Answer --------- The Contractor You have a requirement for repair parts to support routine maintenance services at the shop on your base. The parts were developed using Government funds and are not offered to the general public. The estimated dollar value of the acquisition is $275,000. Which one of the following statements is true? ---------- Correct Answer --------- Not - Simplified acquisition procedures must be used The use of simplified acquisition procedures is prohibited You are the contracting officer for a construction requirement with an estimated value of $20,600. Access to the written solicitation will not be provided in the GPE, and none of the exceptions in FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action? ---------- Correct Answer --------- Not - Notice of the proposed action must be transmitted to the GPE. Not - Notice of the solicitation, or a copy of the solicitation, must be posted in a public area There is no requirement to publicize this action. Not - Notice of the proposed action must be transmitted to the GPE. You are the contracting officer for a commercial product requirement with an estimated value of $178,000. Only one quotation was received in response to the competitive solicitation, and the information obtained through market research is insufficient to determine the quoted price fair and reasonable. Which one of the following statements about the price reasonableness determination is most appropriate? ---------- Correct Answer --------- Recent purchase prices paid for the item under similar terms and conditions should be considered if they are still valid comparison Which one of the following is correct regarding documenting the award of a buy using SAP? ---------- Correct Answer --------- Not - Award documentation must be extensive and detailed Not - Records of oral price quotations are not required Records of oral price quotations must be established to clearly reflect the appropriateness of the award decision. You are the contracting officer for a firm-fixed-price services contract valued at $105,975. Which one of the following statements about contract closeout is correct? ---- ------ Correct Answer --------- Not - The contract must be closed within six months after you've received evidence of receipt of services and final payment The contract is considered closed once you receive evidence of receipt of property and final payment The contract is considered closed once you've received evidence of receipt of services and final payment Six quotes were received in response to your solicitation for new office equipment that utilized the lowest price technically acceptable source selection process. The quotes submitted by vendors A, B, and D were determined to be technically acceptable. Vendor A quoted a price of $146,500;Vendor B quoted a price of $128,250; and Vendor D quoted a price of $132,800. Which one of the following statements about the award decision is correct? ---------- Correct Answer --------- Vendor B is the apparent awardee and price reasonableness would be based on competition You are the contracting officer for a commercial services contract valued at $3,750,000. Which one of the following statements regarding changes to the contract is true? --------- - Correct Answer --------- Not - Any change to the contract terms must be made using a unilateral modification. Not - Changes to the contract terms are not permitted for commercial contracts. Any change to the contract terms must be made by written agreement of the parties. You are the contracting officer for a requirement for commercial services with an estimated value of $780,000. Four quotations were received in response to the solicitation and market pricing is available. Which one of the following statements about the price reasonableness determination is most appropriate? ---------- Correct Answer --------- Market research must be conducted or obtained to support the fair and reasonable determination. You have a requirement for training services with an estimated value of $750,000. Market research shows there are numerous potential offerors that are competitive in terms of market prices, quality, and delivery. The list of potential offerors includes 5 small businesses and 3 large businesses. Which one of the following statements is true? ---------- Correct Answer --------- Not - The entire acquisition must be competed between the small and large businesses. Not - A portion of the acquisition may be set aside exclusively for small business. Not - The entire acquisition may be set aside exclusively for small business. The entire acquisition must be set aside exclusively for small business. Which one of the following is NOT one of the first steps taken when quotations are received in response to a solicitation using SAP? --------- Correct Answer --------- Not - Reviewing the quotations for responsibility Not - Reviewing electronic and digital submission to ensure they are readable Not - Ranking the quotations by technical acceptability Ensuring quotations are marked with the date and time they were received 7. Documenting the quotations with the date and time they were received Not - Safeguarding proprietary and sensitive information in the quotations form improper release. Which one of the following statements about the evaluation of quotations or offers using SAP is true? --------- Correct Answer --------- Not - discretion to evaluate quotations. Not - A formal evaluation must be established prior to evaluating quotations or offers. Not - A formal evaluation plan must be established prior to receipt of quotations or offers Not - For efficiency purposes, the contracting officer is not required to consider all quotations or offers. Not - Conducting comparative evaluations of quotations or offers is not permitted. Not - Contracting officers have the discretion to use the evaluation procedures prescribed in FAR parts 14 and 15. 19. Quotations or offers must be evaluated using the basis stated in the solicitation. The contracting officer is required to consider all quotations or offers Which one of the following is NOT correct regarding documenting the award of a buy using SAP? --------- Correct Answer --------- 19. Maybe not - Records of oral price quotations must be established to clearly reflect the appropriateness of the award decision. Not - Price reasonableness should be based on competitive quotes or offers whenever possible. Not - A statement of price reasonableness is not required when only one quote or offer is received. You just made a purchase for supplies in the amount of $22,300. You solicited quotations orally from four local sources. Which one of the following statements is correct regarding providing notice to the unsuccessful suppliers? --------- Correct Answer --------- notice to the unsuccessful suppliers cannot be provided because an oral solicitation was used. notice to unsuccessful suppliers is never required when using SAP Not - Notice must be provided to each of the unsuccessful suppliers notice to the unsuccessful suppliers will only be given if requested. Which one of the following would result in the establishment of a contract? --------- Correct Answer --------- Not - Supplier validates the terms of the quotation Not - Government issuance of an order in response to a quotation Supplier's written acceptance of an order Supplier furnishes the ordered supplies Substantial performance by the supplier Three quotes were received in response to your solicitation for training services. Evaluation was based on a tradeoff between price and past performance. The assigned past performance ratings and quoted prices were as follows: Vendor A - Unacceptable, $216,150; Vendor B - Acceptable, $248,500; and Vendor C - Outstanding, $237,200. Which one of the following statements about the award decision is correct? --------- Correct Answer --------- Not - Vendor B is the apparent awardee and price reasonableness could be based on any reasonable basis Not - Vendor A is the apparent awardee and price reasonableness would be based on competition Vendor c You are the contracting officer for a noncommercial bilateral purchase order for supplies valued at $155,600. Which one of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? --------- Correct Answer --------- Not - Purchases shall be made in the simplified manner that is most suitable to the circumstances of the acquisition. Not - The use of SAP is authorized for all commercial acquisitions 22. Not - The purpose of SAP is to improve opportunities for small businesses to obtain a fair portion of Government contracts Not - Agencies may separate requirements into smaller purchases that do not exceed SAT in order to maximize the use of SAP Not - Contracting officers are required to use a combination of the procedures in FAR parts 12, 13, 14, and 15 when using SAP You are reviewing the requirements package for the purchase of lab equipment for a health clinic that does not exceed the SAT. It must be compatible with the equipment currently being used at the clinic. This is essential in meeting the agency's needs. Market research identified only one manufacturer able to meet the requirement for compatible equipment. Which one of the following is correct regarding the policies for describing your agency's needs? --------- Correct Answer --------- The basis for not providing for maximum competition must be documented in the contract file. You have a requirement for a new contract for grounds maintenance at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations. Consistent with the order of precedence for requirements documents, which one of thefollowing documents would be included in the new contract? --------- Correct Answer --------- PWS Which one of the following mandatory Government sources is the first priority for satisfying a requirement for services? --------- Correct Answer --------- Not - Federal Prison Industries Not - The Procurement List maintained by The Committee for Purchase From People Who Are Blind or Severely Disabled Inventories of the requiring agencies You have a requirement for help desk support with an estimated value of $450,000. Market research shows there are numerous potential offerors that are competitive in terms of market prices, quality, and delivery. The list of potential offerors includes 6 small businesses and 4 large businesses. The government must pay for the reperformance of the nonconforming service because the report was accepted. You have just been informed that a purchase order you recently awarded for commercial supplies is no longer needed and must be cancelled. The order was not accepted in writing by the contractor. Which one of the following statements is true? --------- Correct Answer --------- Not - The purchase order is considered cancelled if the contractor accepts the Government's written cancellation and does not claim costs were incurred. Not - The purchase order must be terminated in accordance with FAR 12.403 and Far 52.212-4 Not - A purchase order cannot be cancelled afterward unless the contractor is in default. You are reviewing the requirements package for the purchase of automatic standby generators. Market research results identify multiple sources in the commercial marketplace that meet the essential physical characteristics for this requirement. The generators were previously procured using a military specification that includes restrictive conditions that are not justified. Which one of the following is correct regarding the policies for describing your agency's needs? --------- Correct Answer --------- The requirement should be defined in terms that ensure it can be met by commercial products. Only one quote was received in response to your competitive solicitation for Government-unique tool kits that utilized the lowest price technically acceptable source selection process. The quote, from Tool Warehouse, was determined to be technically acceptable and was for a price of $124,500. Which one of the following statements about the award decision is correct? --------- Correct Answer --------- Not - The requirement must be reconsolidated in order to obtain competition. You have a requirement for a noncommercial purchase with an estimated value of $225,000. Notice of the proposed contract action is required, and no exceptions apply Which one of the following solicitation methods would be most appropriate? --------- Correct Answer --------- Not - Combined synopsis/solicitation. not written solicitation Not - Written solicitation. Not - Oral solicitation Electric Commerce You are the contracting officer for a commercial product requirement with an estimated value of $415,000. Six quotations that meet the Government's requirement were received in response to the solicitation and there is no reason to believe the proposed prices are unreasonable. Which one of the following statements about the price reasonableness determination is most appropriate? --------- Correct Answer --------- Not - There is no negotiations to conduct of obtain market research to support the determination of price reasonableness. Not - Negotiations will likely be necessary to establish a fair and reasonable price. Comparison of the quotations will likely meet the requirement to obtain market research in support of the fair and reasonable determination. You are the contracting officer for a firm-fixed-price purchase order for commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the Government was submitted five days late. You investigate and verify that the report was submitted late. Which one of the following statements regarding the nonconforming performance is FALSE? --------- Correct Answer --------- You are the contracting officer for a commercial services contract that contains options. You send the preliminary notice of your intent to extend the contract within the timeframe outlined in the options clause. Which one of the following statements is correct? --------- Correct Answer --------- Not - The preliminary notice commits the Government to exercising the option. Not - You no longer have the right to exercise the option. Not - No further action is required to exercise the option. Not - The option must be exercised using a bilateral modification. You may exercise the option You may exercise the option using unilateral modification You have a requirement for a purchase with an estimated value of $8,700. Which one of the following describes the competition requirement for this acquisition? -- ------- Correct Answer --------- Not - quotes must be solicited from all sources within the local trade area There is no requirements for competition if the price is considered reasonable You have a requirement for an individual purchase for supplies with an estimated value of $5,875. The supplies are not immediately available Which one of the following simplified acquisition methods would be the most appropriate to use? --------- Correct Answer --------- Not - Purchase Order Not - SF 44 Not - Third Party Draft Government Commercial Purchase Card You have a requirement for a new contract for janitorial services at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations --------- Correct Answer --------- PWS You have a requirement for administrative support with an estimated value of $1,500,000. Market research shows there are numerous potential offerors that are competitive in terms of market prices, quality, and delivery. The list of potential offerors includes 4 small businesses and 8 large businesses. Which one of the following statements is correct? --------- Correct Answer --------- The entire acquisition must be set aside exclusively for small business You have a one-time requirement for a purchase of noncommercial supplies with an estimated value of $235,000. The supplies are not immediately available. Which one of the following simplified acquisition methods would be the most appropriate to use?Incorrect --------- Correct Answer --------- Not - Governmentwide Commercial Purchase Card. Which one of the following market research results would support a commerciality determination? --------- Correct Answer --------- Not - sold to the general public The part was developed using Government funding and is only sold to DoD agencies. Not - The part sold to the general public needs extensive modifications not customarily available in the commercial marketplace. The services are offered and sold competitively in substantial quantities in the commercial marketplace based on market prices item under similar terms and conditions should be considered if they are still valid comparison Not - The requirement must be resolicited in order to obtain competition. Recent purchases Which one of the following is correct regarding documenting the award of a buy using SAP? --------- Correct Answer --------- Not - Award documentation must be extensive and detailed Not - Records of oral price quotations are not required Not - Records of oral price quotations must be established to clearly reflect the appropriateness of the award decision. Not - Comparison of competitive quotes or offers is the least preferred method for determining price reasonableness. You are the contracting officer for a firm-fixed-price services contract valued at $105,975. Which one of the following statements about contract closeout is correct? ---- ----- Correct Answer --------- Not - The contract must be closed within six months after you've received evidence of receipt of services and final payment 5. The contract is considered closed once you receive evidence of receipt of property and final payment The contract is considered closed once you've received evidence of receipt of services and final payment Six quotes were received in response to your solicitation for new office equipment that utilized the lowest price technically acceptable source selection process. The quotes submitted by vendors A, B, and D were determined to be technically acceptable. Vendor A quoted a price of $146,500;Vendor B quoted a price of $128,250; and Vendor D quoted a price of $132,800. Which one of the following statements about the award decision is correct? --------- Correct Answer --------- Vendor B is the apparent awardee and price reasonableness would be based on competition You are the contracting officer for a commercial services contract valued at $3,750,000. Which one of the following statements regarding changes to the contract is true? --------- Correct Answer --------- Not - Any change to the contract terms must be made using a unilateral modification. Not - Changes to the contract terms are not permitted for commercial contracts. Any change to the contract terms must be made by written agreement of the parties. You are the contracting officer for a requirement for commercial services with an estimated value of $780,000. Four quotations were received in response to the solicitation and market pricing is available. Which one of the following statements about the price reasonableness determination is most appropriate? --------- Correct Answer --------- Market research must be conducted or obtained to support the fair and reasonable determination. You have a requirement for training services with an estimated value of $750,000. Market research shows there are numerous potential offerors that are competitive in terms of market prices, quality, and delivery. The list of potential offerors includes 5 small businesses and 3 large businesses. Which one of the following statements is true? --------- Correct Answer --------- Not - The entire acquisition must be competed between the small and large businesses. Not - A portion of the acquisition may be set aside exclusively for small business. Not - The entire acquisition may be set aside exclusively for small business. The entire acquisition must be set aside exclusively for small business. You just made an award for services in the amount of $235,200 based on price and past performance. One of the unsuccessful vendors has requested information on the award decision. Which one of the following describes the action you must take? --------- Correct Answer - -------- You must provide a brief explanation of the basis for the award decision You are the contracting officer for a requirement for a commercial product with an estimated value of $6,200. None of the exceptions in FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action? --------- Correct Answer --------- Not - Notice of the proposed action must be transmi There is no requirement to publicize this action. You are the contracting officer for a firm-fixed-price supply contract valued at $195,400. Which one of the following statements about contract closeout is correct? --------- Correct Answer --------- The contract is considered closed once you receive evidence of receipt of property and final payment Take 13 --------- Correct Answer --------- take 13 You have just been informed that a purchase order you recently awarded for commercial services is no longer needed and must be cancelled. The order was accepted in writing by the contractor. Which one of the following statements is true? --------- Correct Answer --------- Not - The purchase order is considered cancellation if the contractor accepts the Government's cancellation and does not claim costs were incurred. You are the contracting officer for a services contract that contains options. You send the preliminary notice of your intent to extend the contract five days after the deadline outlined in the options clause. Which one of the following statements is correct? --------- Correct Answer --------- Not - You have the right to exercise the option using a unilateral modification. Not - no further action is required to exercise the option Not - you no longer have the right to exercise the option You no longer have the right to exercise the option using a unilateral modification. Not - You may exercise the option using a unilateral modification Which one of the following is NOT a mandatory Government source for satisfying a supply requirement? --------- Correct Answer --------- Not - Excess from other agencies Not - Wholesale supply sources Commercial sources You have just been informed that a purchase order you recently awarded for noncommercial supplies is no longer needed and must be cancelled. The order was accepted in writing by the contractor. Which one of the following statements is true? --------- Correct Answer --------- Not - The purchase order is considered cancelled if the contractor accepts the Government's written cancellation and does not claim costs were incurred Not - The purchase order must be terminated in accordance with FAR 12.403 and FAR 52.212-4. Not - The purchase order is considered cancelled once the contracting officer verifies the contractor has received the Government's written cancellation.