Government Contracting Quiz: Q&A on Contracting Officers' Roles & Procurement Processes, Exams of Contract Law

Download Government Contracting Quiz: Q&A on Contracting Officers' Roles & Procurement Processes and more Exams Contract Law in PDF only on Docsity! CON 3990 Contracting Certification Quiz 2 of 4 Questions And Answers It is the Government's policy that before executing a contract, the contracting officer must? - correct answer 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? - correct answer Purchase the requirement as a commercial item. Contracting officers shall provide property to contractors only when it is clearly demonstrated that? - correct answer The overall benefit to the acquisition significantly outweighs the increased cost of administration. Acquisition planning should begin? - correct answer As soon as the agency need is identified Which of the following is an exception to obtaining certified cost or pricing data? - correct answer Adequate price competition The contracting officer shall take which of the following actions to encourage small business participation in CON 3990 Contracting Certification Quiz 2 of 4 Questions And Answers acquisitions? - correct answer Divide acquisitions into reasonably small lots to permit offers on quantities less than the total requirement. Government contract types are grouped into two broad categories: fixed-price contracts and? - correct answer Cost-reimbursement contracts Incentive contracts are designed to obtain specific acquisition objectives by? - correct answer Motivating contractor efforts that might not otherwise be emphasized Agencies shall conduct market research? - correct answer Appropriate to the circumstances To the maximum extent practicable, acquisition officials shall state requirements of supplies or services in terms of functions to be performed, performance required, or? - correct answer Essential physical characteristics When using FAR part 12 procedures, the technical evaluation would normally include examination of such things as product literature, product samples (if CON 3990 Contracting Certification Quiz 2 of 4 Questions And Answers contract types is appropriate when using FAR part 12 procedures? - correct answer Firm-fixed-price You are a DoD contracting officer and have used simplified acquisition procedures under FAR part 13 to award a commercial purchase order for supplies. Given only this information, which form is most appropriate to use should you need to modify your purchase order? - correct answer Standard Form 30, Amendment of Solicitation/Modification of Contract You're administering a large dollar non-commercial weapons contract. The contracting officer asks to see the Contract Data Requirements List (CDRL) in Exhibit B. Which uniform contract format (UCF) section in your contract would you refer to? - correct answer Section J Which of the following is specifically set up to help firms view current Government business opportunities? - correct answer The Governmentwide Point of Entry (GPE) In evaluating a solicitation, which section of the uniform contract format (UCF) would contain information to the offeror regarding the evaluation factors and subfactors the Government will use to evaluate the offeror's CON 3990 Contracting Certification Quiz 2 of 4 Questions And Answers proposal? - correct answer Section M You are a proposal manager for a large defense contractor, leading your company's effort to win a contract. In order to determine the page limit for your proposal, which section in the request for proposal should you review? - correct answer Section L - Instructions, conditions, and notices to offerors or respondents A contractor is developing their pricing strategy in a competitive environment. Knowing the required effort will result in follow-on contracts, the contractor submits and offer below anticipated costs with the plan to recover any losses by increasing the price on follow-on efforts. This pricing strategy is referred to as? - correct answer Buying-in What type of contract should be used for an item that uses a very large amount of gold and other precious metals in the manufacturing process? - correct answer Fixed-price with economic price adjustment When a potential contractor is developing a proposal where cost analysis will be performed, the potential CON 3990 Contracting Certification Quiz 2 of 4 Questions And Answers contractor will need to ensure it has excluded from the proposal any costs that are - correct answer Expressly unallowable