6c051 Edit Code 2 Vol 3
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One indicator of an offeror’s ability to perform the contract is
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By evaluating past performance.
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The relative size of the company.
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By conducting interviews with offerors.
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By reviewing the offeror’s financial records.
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- 2.
The excluded parties list on the System for Award Management (SAM) is reviewed
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Prior to issuance of the notice to proceed.
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Only when using negotiated procedures of Federal Acquisition Regulation (FAR), Part 15.
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After receipt of proposals and again prior to contract award.
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When the contracting officer is suspicious of a contractor’s business practice.
Correct Answer
A. After receipt of proposals and again prior to contract award.Explanation
The correct answer is after receipt of proposals and again prior to contract award. This means that the excluded parties list on the System for Award Management (SAM) is reviewed twice during the procurement process. The first review takes place after the receipt of proposals, which allows the contracting officer to ensure that there are no excluded parties among the potential contractors. The second review happens prior to contract award to reconfirm that the selected contractor is not on the excluded parties list. This double review helps to ensure that contracts are not awarded to parties who are excluded from receiving federal contracts.Rate this question:
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- 3.
Before awarding a contract in excess of the simplified acquisition threshold (SAT), the contracting officer (CO) must review the
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Contract award report (CAR).
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Dun and Bradstreet System (D&B).
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Small Business Administration (SBA) contractor page.
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Contractor Performance Assessment Reporting System (CPARS).
Correct Answer
A. Contractor Performance Assessment Reporting System (CPARS).Explanation
The correct answer is Contractor Performance Assessment Reporting System (CPARS). Before awarding a contract in excess of the simplified acquisition threshold (SAT), the contracting officer (CO) must review the Contractor Performance Assessment Reporting System (CPARS). CPARS is a system that collects and maintains performance information on contractors to provide a reliable source of past performance information. This information is crucial for the CO to evaluate the contractor's ability to successfully perform the contract and make an informed decision on whether to award the contract to them.Rate this question:
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- 4.
When using the lowest price technically acceptable (LPTA) source selection process, past performance is typically evaluated
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On a scale of 1 to 10.
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Using color coded ratings.
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For acquisitions exceeding $1M.
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On an acceptable or unacceptable basis.
Correct Answer
A. On an acceptable or unacceptable basis.Explanation
When using the lowest price technically acceptable (LPTA) source selection process, past performance is typically evaluated on an acceptable or unacceptable basis. This means that the evaluation will determine whether the past performance of a contractor meets the minimum acceptable standards set by the procuring agency. The evaluation will not assign a numerical rating or use color codes to assess past performance. Instead, it will focus on determining whether the contractor's past performance is satisfactory or unsatisfactory based on the established criteria.Rate this question:
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- 5.
Which action should be taken if legal proceedings are not initiated within 12 months after the date of a suspension notice?
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Debar the contractor.
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Terminate the suspension.
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Suspend the contractor for an additional 12 months.
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File a complaint with the assistant attorney general.
Correct Answer
A. Terminate the suspension.Explanation
If legal proceedings are not initiated within 12 months after the date of a suspension notice, the appropriate action would be to terminate the suspension. This means that the contractor's suspension would be lifted and they would be allowed to resume their normal activities. The termination of the suspension indicates that there is no longer a need to restrict the contractor's operations and suggests that any concerns or issues related to the suspension have been resolved or deemed no longer relevant.Rate this question:
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- 6.
Which price related factor should not be considered in evaluating quotes?
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Options.
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Multiple awards.
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Transportation costs.
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Prompt payment discounts.
Correct Answer
A. Prompt payment discounts.Explanation
Prompt payment discounts should not be considered in evaluating quotes because they are a benefit offered to customers who pay their invoices promptly. They are not directly related to the price of the product or service being quoted. Evaluating quotes based on prompt payment discounts would not provide an accurate comparison of the actual prices being offered by different suppliers. Therefore, it is important to exclude prompt payment discounts when evaluating quotes to ensure a fair and objective assessment of the price-related factors.Rate this question:
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- 7.
Because of the importance of unity during the bargaining session, who should be the only individual designated to speak?
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Functional representative.
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Senior team member.
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Pricing specialist.
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Chief negotiator.
Correct Answer
A. Chief negotiator.Explanation
During a bargaining session, it is crucial to maintain unity and coherence in communication. The chief negotiator is the most suitable individual to be designated as the sole speaker because they have the authority and expertise to effectively represent the team's interests and negotiate on their behalf. This ensures a consistent and focused message, preventing confusion or conflicting statements that could weaken the team's position. Additionally, the chief negotiator is usually well-versed in negotiation tactics and strategies, making them the most qualified person to handle the complexities of the bargaining process.Rate this question:
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- 8.
How should you handle weaknesses in your negotiation position during negotiations?
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Do not volunteer weaknesses.
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Immediately reveal them as an act of good faith.
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Divulge your weaknesses if the contractor does the same.
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Explain your weaknesses only after agreeing to a final price.
Correct Answer
A. Do not volunteer weaknesses.Explanation
In negotiations, it is not advisable to volunteer weaknesses in your position. This is because revealing weaknesses can weaken your bargaining power and give the other party an advantage. By keeping your weaknesses to yourself, you maintain control over the negotiation process and can focus on highlighting your strengths and the benefits you bring to the table. This approach allows you to negotiate from a position of strength and increases the likelihood of achieving a favorable outcome.Rate this question:
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- 9.
Which system is not used in making a determination of contractor responsibility?
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Dun and Bradstreet System (D&B).
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System for Award Management (SAM).
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Past Performance Information Retrieval System (PPIRS).
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Contractor Performance Assessment Reporting System (CPARS).
Correct Answer
A. Dun and Bradstreet System (D&B).Explanation
The Dun and Bradstreet System (D&B) is not used in making a determination of contractor responsibility. This system is primarily used for assessing the creditworthiness and financial stability of businesses. On the other hand, the System for Award Management (SAM), Past Performance Information Retrieval System (PPIRS), and Contractor Performance Assessment Reporting System (CPARS) are all utilized in evaluating a contractor's past performance, capability, and suitability for a particular contract.Rate this question:
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- 10.
Typically, requirements solicited using simplified acquisition procedures (SAP) are evaluated on
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Price alone.
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Past performance alone.
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Contractor business size.
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Overall ranking of offers.
Correct Answer
A. Price alone.Explanation
When requirements are solicited using simplified acquisition procedures (SAP), they are typically evaluated based on price alone. This means that the selection of the contractor is primarily determined by the lowest price offered, without considering other factors such as past performance, contractor business size, or overall ranking of offers. The focus is solely on finding the most cost-effective solution for the requirements at hand.Rate this question:
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- 11.
What action is appropriate when the contracting officer decides that a proposal should not be included in the competitive range?
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Begin negotiations with the offeror.
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Request the offeror clarify its proposal.
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Allow the offeror one more chance to revise its proposal.
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Eliminate it from award consideration and notify the offeror.
Correct Answer
A. Eliminate it from award consideration and notify the offeror.Explanation
When the contracting officer decides that a proposal should not be included in the competitive range, the appropriate action is to eliminate it from award consideration and notify the offeror. This means that the proposal will not be further considered for the contract and the offeror will be informed of this decision. This allows the offeror to focus on other opportunities and ensures transparency in the selection process.Rate this question:
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- 12.
Which is a direct cost?
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The salary of a management official.
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The cost of tools to cut and assemble wood.
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The cost of insurance for vehicles used on the job.
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The cost of doors for the building being constructed.
Correct Answer
A. The cost of doors for the building being constructed.Explanation
The cost of doors for the building being constructed is a direct cost because it is specifically related to the construction project. It is a cost that can be easily traced back to the building being constructed and is necessary for the completion of the project. The other options, such as the salary of a management official, the cost of tools, and the cost of insurance, may be indirect costs as they are not directly tied to the construction project itself.Rate this question:
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- 13.
What is the best sequence for negotiating areas of disagreement?
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No one approach is better than another.
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Start negotiating on secondary issues first.
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Start negotiating issues of greatest importance.
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Government negotiates the contractor’s demands first.
Correct Answer
A. No one approach is better than another.Explanation
The best sequence for negotiating areas of disagreement is subjective and depends on the specific situation. There is no one-size-fits-all approach that is universally better than another. Different approaches may be more effective in different contexts, depending on factors such as the nature of the disagreement, the parties involved, and the desired outcome. Therefore, it is important to consider the specific circumstances and adapt the negotiation strategy accordingly.Rate this question:
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- 14.
Once both sides have reached general agreement during negotiations, the next step is to
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Address specific issues still in question.
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Close the negotiations as soon as possible.
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Take a short break to allow each side to reconsider each point.
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Wait while your administrative staff finalizes the agreement for signature.
Correct Answer
A. Close the negotiations as soon as possible.Explanation
Once both sides have reached general agreement during negotiations, the next logical step would be to close the negotiations as soon as possible. This means that all parties involved have come to a mutual understanding and are ready to finalize the agreement. Closing the negotiations promptly allows for the implementation of the agreed-upon terms and prevents any further delays or uncertainties.Rate this question:
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- 15.
Why must a price negotiation memorandum (PNM) permit the rapid reconstruction of the major consideration in pricing the contract?
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So courts can render decisions quicker.
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In case the contract file is lost or destroyed.
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It aids inspectors in auditing the contract file.
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Because of the high turnover rate for contracting personnel.
Correct Answer
A. Because of the high turnover rate for contracting personnel.Explanation
The high turnover rate for contracting personnel necessitates the rapid reconstruction of the major consideration in pricing the contract. This is because new personnel often need to take over contracts and may not have access to the original contract file or the knowledge of how the pricing was determined. Allowing for rapid reconstruction of the major consideration ensures that new personnel can quickly understand and make informed decisions regarding the pricing of the contract, despite the turnover in staff.Rate this question:
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- 16.
Generally, who determines the responsibility of prospective subcontractors?
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Prime contractor.
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Contracting officer.
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Small business specialist.
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Small Business Administration.
Correct Answer
A. Prime contractor.Explanation
The prime contractor is responsible for determining the responsibility of prospective subcontractors. As the main contractor overseeing a project, they have the authority to evaluate and select subcontractors based on their qualifications, experience, and ability to meet the project requirements. The prime contractor must ensure that the subcontractors they choose are capable of fulfilling their contractual obligations and contribute to the successful completion of the project. This responsibility includes conducting due diligence, assessing the subcontractors' financial stability, past performance, and compliance with regulations and requirements. Ultimately, the prime contractor holds the responsibility for the performance and outcomes of the subcontractors they engage.Rate this question:
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- 17.
Can a proposal be withdrawn at any time before award?
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Yes, by written notice at any time before award.
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No, the proposal is retained with the contract file.
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No, once submitted, the proposal will be opened at closing.
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Yes, at any time before award, provided the contracting officer writes a determination and finding.
Correct Answer
A. Yes, by written notice at any time before award.Explanation
A proposal can be withdrawn at any time before it is awarded by providing written notice. This means that if the party who submitted the proposal decides they no longer want to be considered for the contract, they can formally withdraw their proposal by notifying the contracting officer in writing. This allows them to remove their proposal from consideration and avoid any potential obligations or commitments associated with the contract.Rate this question:
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- 18.
Many negotiators are unable to make material concessions because
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They use concession wisely and skillfully.
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They exercise patience and good faith discussions.
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Their opening position is too close to their expectation level.
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They walk away from bad deals or return to negotiations if a better deal could not be obtained.
Correct Answer
A. Their opening position is too close to their expectation level.Explanation
The correct answer suggests that negotiators are unable to make material concessions because their opening position is too close to their expectation level. This means that negotiators start the negotiation process with a position that is already very close to what they ultimately want to achieve. As a result, they have little room to make concessions or compromises during the negotiation, leading to difficulties in reaching a mutually beneficial agreement.Rate this question:
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- 19.
What does the Small Business Administration issue as assurance that a small business has been determined responsible for the purpose of receiving and performing a specific government contract?
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8(a) certification.
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HUBZone certification.
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Certificate of competency (COC).
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Certificate of responsibility (COR).
Correct Answer
A. Certificate of competency (COC).Explanation
The Small Business Administration issues a Certificate of Competency (COC) as assurance that a small business has been determined responsible for the purpose of receiving and performing a specific government contract. This certificate serves as proof that the small business has the necessary capabilities, resources, and experience to successfully fulfill the requirements of the contract. It demonstrates that the business has been evaluated and deemed competent by the SBA, giving the government confidence in awarding them the contract.Rate this question:
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- 20.
The post-award notice includes all of the following except
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Number of offerors solicited.
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Number of proposals received.
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Reason the offeror’s proposal was not accepted.
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Name and address of each offeror submitting a proposal.
Correct Answer
A. Name and address of each offeror submitting a proposal.Explanation
The post-award notice includes all the information related to the awarding of a contract except for the name and address of each offeror submitting a proposal. The notice typically includes the number of offerors solicited, the number of proposals received, and the reason why the offeror's proposal was not accepted. However, it does not disclose the identities and contact details of the offerors who submitted proposals.Rate this question:
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- 21.
A contractor excluded from government contracting for a reasonable, specified period because of conviction on a criminal offense in connection with obtaining a public contract is
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Debarred.
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Ineligible.
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Suspended.
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Unqualified.
Correct Answer
A. Debarred.Explanation
When a contractor is excluded from government contracting for a reasonable, specified period due to a conviction on a criminal offense related to obtaining a public contract, they are "debarred." This means that they are prohibited from participating in any government contracts for a certain period of time. The term "debarred" specifically refers to this type of punishment for contractors who have committed such offenses.Rate this question:
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- 22.
Which action must a contracting officer (CO) take in the absence of information clearly indicating that a prospective contractor is responsible?
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Request performance and payment bonds.
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Document the file and proceed with award.
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Make a determination of nonresponsibility.
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Provide the contractor with a neutral rating.
Correct Answer
A. Make a determination of nonresponsibility.Explanation
In the absence of information clearly indicating that a prospective contractor is responsible, the contracting officer (CO) must make a determination of nonresponsibility. This means that the CO will assess the contractor's ability to successfully perform the contract based on available information and determine that they are not responsible for the job. This could be due to factors such as lack of experience, financial instability, or inadequate resources. Once the determination is made, the CO will not proceed with awarding the contract to that contractor.Rate this question:
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- 23.
A price negotiation memorandum (PNM) must contain all of the following except
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A description of the acquisition.
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The basis for profit or fee negotiated.
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The duration of the negotiation session.
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Documentation of fair and reasonable pricing.
Correct Answer
A. The duration of the negotiation session.Explanation
A price negotiation memorandum (PNM) is a document that outlines the details of a negotiation process for an acquisition. It typically includes a description of the acquisition, the basis for profit or fee negotiated, and documentation of fair and reasonable pricing. However, the duration of the negotiation session is not a necessary component of the PNM. The duration may vary depending on the complexity of the negotiation and the parties involved, but it is not required to be included in the memorandum.Rate this question:
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- 24.
Under a blanket purchase agreement, the government is obligated for
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Authorized purchases only.
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A minimum purchase amount.
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The minimum quantity stated in the contract.
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The total funds obligated against the contract.
Correct Answer
A. Authorized purchases only.Explanation
Under a blanket purchase agreement, the government is only obligated to make authorized purchases. This means that they are only required to purchase items or services that have been specifically approved or authorized within the agreement. They are not obligated to make a minimum purchase amount, meet a minimum quantity stated in the contract, or use the total funds obligated against the contract. The government has the flexibility to choose which purchases they make within the authorized scope of the agreement.Rate this question:
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- 25.
An example of overhead costs is
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Legal fees.
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Officer supplies.
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Payroll insurance.
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Executive salaries.
Correct Answer
A. Payroll insurance.Explanation
Payroll insurance is an example of overhead costs because it is an expense that is not directly related to the production or sale of goods or services. Overhead costs are indirect expenses incurred by a business to support its operations, such as administrative expenses, rent, utilities, and insurance. Payroll insurance specifically covers the costs associated with insuring employees against work-related injuries or accidents. This type of insurance is necessary for the business to protect its employees and comply with legal requirements, but it does not directly contribute to the production process or generate revenue.Rate this question:
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- 26.
Which section of a blanket purchase agreement contains accounting and appropriation data?
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Invoices.
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Extent of obligation.
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Description of agreement.
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Accounting and appropriation data are not cited.
Correct Answer
A. Accounting and appropriation data are not cited.Explanation
The question is asking for the section of a blanket purchase agreement that contains accounting and appropriation data. However, the answer states that accounting and appropriation data are not cited in any section of the agreement. This implies that there is no specific section dedicated to accounting and appropriation data in a blanket purchase agreement.Rate this question:
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- 27.
In order to cancel a blanket purchasing agreement a contractor must give how many days written notice to the government?
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1.
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10.
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30.
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90.
Correct Answer
A. 30.Explanation
To cancel a blanket purchasing agreement, a contractor must provide 30 days' written notice to the government. This allows the government sufficient time to make alternate arrangements and ensures a smooth transition in the procurement process. Providing a shorter notice period may disrupt the government's procurement plans, while a longer notice period may unnecessarily delay the cancellation process. Therefore, 30 days is considered an appropriate timeframe for the contractor to inform the government of their intention to cancel the agreement.Rate this question:
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- 28.
Which price analysis technique makes comparisons based on factors such as price per square foot?
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Rough estimation.
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Cost estimating affiliation.
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Cost estimating relationships.
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Parallel estimating relationships.
Correct Answer
A. Cost estimating relationships.Explanation
Cost estimating relationships is a price analysis technique that makes comparisons based on factors such as price per square foot. This technique involves using historical data and statistical analysis to establish a relationship between the cost of a product or service and certain variables, such as size or quantity. By applying these relationships, estimators can estimate the cost of a project based on similar past projects, taking into account factors like price per square foot.Rate this question:
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- 29.
Certified cost or pricing data is required
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Only from prime contractors.
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Immediately upon contract award.
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For all contract modifications regardless of dollar amount.
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For termination settlements exceeding the Truth In Negotiations Act (TINA) threshold.
Correct Answer
A. For termination settlements exceeding the Truth In Negotiations Act (TINA) threshold.Explanation
Certified cost or pricing data is required for termination settlements exceeding the Truth In Negotiations Act (TINA) threshold. This means that when a contract is terminated and a settlement is reached, certified cost or pricing data must be provided if the settlement amount exceeds the TINA threshold. This requirement ensures that the settlement is based on accurate and reliable cost information, promoting transparency and fairness in contract negotiations. The other options provided do not accurately describe when certified cost or pricing data is required.Rate this question:
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- 30.
Which situation requires a contract award to be synopsized through the government point of entry?
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$36,000 commercial purchase order.
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$15,000 non-commercial purchase order.
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$30,000 sole source utility service contract.
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$45,000 indefinite delivery contract task order.
Correct Answer
A. $36,000 commercial purchase order.Explanation
A contract award for a $36,000 commercial purchase order requires a synopsis through the government point of entry. This is because the Federal Acquisition Regulation (FAR) requires that all contract actions over $25,000 be synopsized, unless an exception applies. In this case, the purchase order amount exceeds $25,000, so it must be advertised on the government point of entry to ensure fair competition and transparency in the procurement process.Rate this question:
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- 31.
When a solicitation states that the government intends to evaluate proposals and make an award without discussions, contracting officers
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Are prohibited from entering into negotiations.
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Must resolicit the requirement to allow for discussions.
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May enter into discussions when determined necessary.
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May require cost and pricing data as an alternative to discussions.
Correct Answer
A. May enter into discussions when determined necessary.Explanation
When a solicitation states that the government intends to evaluate proposals and make an award without discussions, it means that the contracting officers are not allowed to negotiate with the bidders. However, if the contracting officers determine that discussions are necessary for the evaluation process, they may enter into discussions with the bidders. This allows them to gather additional information or clarify certain aspects of the proposals before making a final decision.Rate this question:
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- 32.
Source selection information consists of all of the following except
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Rankings of bids.
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Proposed costs or prices.
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Contract line item pricing.
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Technical evaluation plans.
Correct Answer
A. Contract line item pricing.Explanation
Source selection information consists of various factors that are considered when evaluating bids and selecting a contractor. These factors include rankings of bids, proposed costs or prices, and technical evaluation plans. However, contract line item pricing is not included in the source selection information. Contract line item pricing refers to the specific prices assigned to individual items or services within a contract, and it is not typically considered during the source selection process.Rate this question:
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- 33.
What helps the contracting officer negotiate a fair and reasonable price when information at the buying office is inadequate?
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Audit report.
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Field-pricing support.
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Fact-finding meeting.
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Prenegotiation objective.
Correct Answer
A. Field-pricing support.Explanation
Field-pricing support helps the contracting officer negotiate a fair and reasonable price when information at the buying office is inadequate. This support provides the necessary expertise and analysis to evaluate the reasonableness of prices proposed by the contractor. It involves conducting market research, analyzing historical pricing data, and assessing the contractor's cost and pricing data. With field-pricing support, the contracting officer can make informed decisions and negotiate a price that is fair to both the government and the contractor.Rate this question:
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- 34.
When only one reply is received in response to a solicitation estimated at less than the simplified acquisition threshold (SAT), what action must the contracting officer take before making the award?
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An award may not be made; cancel the solicitation.
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No further action is required; award to the one responding contractor.
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Include a statement in the contract file giving the basis of the determination of contractor responsibility.
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Include a statement in the contract file giving the basis of the determination of fair and reasonable price.
Correct Answer
A. Include a statement in the contract file giving the basis of the determination of fair and reasonable price.Explanation
When only one reply is received in response to a solicitation estimated at less than the simplified acquisition threshold (SAT), the contracting officer must include a statement in the contract file giving the basis of the determination of fair and reasonable price. This is necessary to ensure transparency and accountability in the awarding process, as it demonstrates that the price agreed upon is fair and reasonable based on market research and other relevant factors.Rate this question:
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- 35.
When developing prenegotiation positions in noncompetitive acquisitions
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Remain firm with the government’s price objective.
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Begin negotiations with the government’s objective.
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Establish minimum, objective, and maximum price positions.
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Base the government’s position on the amount of funding available.
Correct Answer
A. Establish minimum, objective, and maximum price positions.Explanation
When developing prenegotiation positions in noncompetitive acquisitions, it is important to establish minimum, objective, and maximum price positions. This allows the negotiator to have a clear understanding of the price range they are willing to accept and helps in setting realistic goals for the negotiations. By establishing these positions, the negotiator can ensure that they are prepared to negotiate effectively and protect their interests while also being open to potential compromises. This approach provides a structured framework for the negotiation process and increases the chances of reaching a mutually beneficial agreement.Rate this question:
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- 36.
How should the physical environment enhance win/win outcomes?
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Facilitates your side “buying” a position.
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Makes the contractor feel as comfortable as possible.
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Gives other side the perception of being treated fairly.
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Arranging the conference room gives you a psychological advantage.
Correct Answer
A. Gives other side the perception of being treated fairly.Explanation
The physical environment should enhance win/win outcomes by giving the other side the perception of being treated fairly. This means that the physical space should be arranged in a way that promotes equality and fairness, ensuring that both parties feel respected and valued. When the other side perceives that they are being treated fairly, it creates a positive atmosphere for negotiation and increases the likelihood of reaching a mutually beneficial agreement.Rate this question:
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- 37.
When determining which offerors to include in the competitive range, the contracting officer
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Excludes the bottom 10 percent of the offerors.
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Only includes the top 10 percent of the offerors.
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Includes all of the most highly rated proposals.
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Includes all offerors who are technically acceptable.
Correct Answer
A. Includes all of the most highly rated proposals.Explanation
The correct answer is "includes all of the most highly rated proposals." When determining which offerors to include in the competitive range, the contracting officer includes all of the most highly rated proposals. This means that only the proposals that have received the highest ratings will be considered for further evaluation and potential selection. Excluding the bottom 10 percent of offerors or only including the top 10 percent would limit the number of proposals considered, while including all offerors who are technically acceptable may not take into account the quality or rating of the proposals.Rate this question:
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- 38.
Normally, price reasonableness is established through
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Cost accounting standards.
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Adequate price competition.
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Certified cost or pricing data.
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Other than certified cost or pricing data.
Correct Answer
A. Adequate price competition.Explanation
Adequate price competition is the most effective way to establish price reasonableness. This means that there are multiple suppliers offering similar products or services, and they are competing with each other to win the contract. In this scenario, the prices quoted by the suppliers are likely to be fair and reasonable because they are driven by market forces. This method ensures that the price paid by the buyer is not inflated and represents a good value for money. Cost accounting standards, certified cost or pricing data, and other methods may also be used, but adequate price competition is considered the best practice.Rate this question:
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- 39.
Which source selection document includes an integrated assessment of price, performance, mission capability, and risk?
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Source selection plan (SSP).
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Comparative analysis report (CAR).
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Source selection authority (SSA).
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Source selection decision document (SSDD).
Correct Answer
A. Comparative analysis report (CAR).Explanation
The Comparative Analysis Report (CAR) includes an integrated assessment of price, performance, mission capability, and risk. This document is used in the source selection process to evaluate and compare proposals from different vendors or contractors. It provides a detailed analysis of each proposal, considering various factors such as cost, technical capabilities, and potential risks. The CAR helps the source selection authority make an informed decision by providing a comprehensive assessment of each proposal's strengths and weaknesses.Rate this question:
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- 40.
The contracting officer provides written notice of award to the unsuccessful offerors within how many days?
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Three.
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Four.
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Five.
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Six.
Correct Answer
A. Three.Explanation
The contracting officer provides written notice of award to the unsuccessful offerors within three days. This means that within three days of awarding the contract to the successful offeror, the contracting officer must inform the unsuccessful offerors in writing that they were not selected. This allows the unsuccessful offerors to have clarity and closure regarding the outcome of their proposal.Rate this question:
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- 41.
A contracting officer must use discussions to
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Obtain the lowest possible price.
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Discuss every area where proposals can be improved.
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Allow offerors to respond to adverse past performance information.
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Identify proposal strengths for each offeror within the competitive range.
Correct Answer
A. Allow offerors to respond to adverse past performance information.Explanation
Discussions are used by the contracting officer to allow offerors to respond to adverse past performance information. This means that if there is negative information regarding a company's past performance, the offeror will have the opportunity to explain or provide additional information to address those concerns. This ensures fairness and transparency in the evaluation process and allows offerors to clarify any misunderstandings or provide context for their past performance. The purpose of discussions is not to obtain the lowest possible price or discuss every area for improvement, but rather to address any concerns related to past performance.Rate this question:
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- 42.
An offeror is required to submit and certify cost or pricing data for a
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$700,000 commercial purchase.
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$2M non-commercial item acquisition.
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$1M competitive construction contract.
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$5M acquisition of a service that includes prices established by law.
Correct Answer
A. $2M non-commercial item acquisition.Explanation
For a $2M non-commercial item acquisition, an offeror is required to submit and certify cost or pricing data. Cost or pricing data refers to all facts that an offeror possesses, or reasonably should possess, that are relevant to pricing the contract. This data helps the contracting officer determine whether the proposed price is fair and reasonable. In this case, since the acquisition is for a non-commercial item and the value is $2M, the offeror must provide cost or pricing data to support their proposed price.Rate this question:
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- 43.
If cost and pricing data are found to be inaccurate, incomplete, or noncurrent after award, to what contract price adjustment is the government entitled?
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No adjustment.
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Any price increase or decrease that resulted from the faulty data.
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Any price increase that resulted from the faulty data plus a 10 percent penalty charge.
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Any significant price increase including profit or fee that resulted from the faulty data.
Correct Answer
A. Any significant price increase including profit or fee that resulted from the faulty data.Explanation
If cost and pricing data are found to be inaccurate, incomplete, or noncurrent after award, the government is entitled to any significant price increase including profit or fee that resulted from the faulty data. This means that if the data provided by the contractor is faulty and leads to a significant increase in the contract price, the government has the right to adjust the price accordingly, including any profit or fee that may have been affected by the faulty data.Rate this question:
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- 44.
What may be used in lieu of obtaining individual quotations each time a purchase for the same item is contemplated?
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Previous purchase price.
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Standing price quotation.
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Independent government estimate.
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Lowest price available based on market research.
Correct Answer
A. Standing price quotation.Explanation
A standing price quotation may be used instead of obtaining individual quotations each time a purchase for the same item is contemplated. This means that a pre-negotiated price has already been established with a supplier for a specific item. By using a standing price quotation, the purchaser can save time and effort by avoiding the need to obtain new quotes for each purchase.Rate this question:
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- 45.
The best description of a modification to a proposal is
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A change made to correct a mistake after award.
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A change made after the solicitation’s closing date and time.
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A change made before the solicitation’s closing date and time.
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All changes made after the maximum number of amendments is exceeded.
Correct Answer
A. A change made before the solicitation’s closing date and time.Explanation
A modification to a proposal refers to a change made to the proposal before the solicitation's closing date and time. This means that any adjustments or corrections to the proposal can be made within the given timeframe, allowing for improvements or revisions to be implemented. It is important to make these modifications before the closing date and time to ensure that the proposal is up to date and meets all the necessary requirements.Rate this question:
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- 46.
What is the best description of a revision to a proposal?
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A revision amends a change made before the solicitation’s closing date and time.
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A revision corrects a change made before the solicitation’s closing date and time.
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A change after the solicitation closing date made at the contractor’s request during negotiations.
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A change after the solicitation closing date at the contracting officer’s request as a result of negotiations.
Correct Answer
A. A change after the solicitation closing date at the contracting officer’s request as a result of negotiations.Explanation
A revision to a proposal refers to a change that is made after the solicitation closing date at the contracting officer's request as a result of negotiations. This means that the proposal has been modified based on discussions and negotiations between the contracting officer and the contractor. It is important to note that this change occurs after the deadline for submitting proposals has passed.Rate this question:
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- 47.
Which factors are considered in determining whether a cost is allowable?
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Cost and pricing data are certified.
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Costs are not allocable to the contract.
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Standards established by cost accounting standard board.
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Rough yardsticks (such as dollars per pound) have been applied.
Correct Answer
A. Standards established by cost accounting standard board.Explanation
The correct answer is "Standards established by cost accounting standard board." This is because the cost accounting standard board sets the guidelines and regulations for determining whether a cost is allowable. These standards ensure that costs are reasonable, allocable, and in compliance with applicable laws and regulations. The other factors mentioned in the question, such as certified cost and pricing data, costs not being allocable to the contract, and rough yardsticks, may also be considered in determining cost allowability, but the primary factor is the standards established by the cost accounting standard board.Rate this question:
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- 48.
Post-award debriefings should be conducted
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By the head of the contracting activity.
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Within five days after the request is received.
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Within 10 days after the request is received.
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Only with those offerors in the competitive range.
Correct Answer
A. Within five days after the request is received.Explanation
Post-award debriefings should be conducted within five days after the request is received. This allows for a timely and efficient process for providing feedback and information to offerors. Waiting longer than five days could result in delays and potential misunderstandings. Additionally, conducting debriefings within this timeframe ensures that offerors have the opportunity to receive feedback while the procurement process is still fresh in their minds, allowing them to make any necessary adjustments or improvements for future opportunities.Rate this question:
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- 49.
When analyzing price, which of the following is not a condition for using previously proposed prices?
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There has not been a significant time lapse.
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The reasonableness of the price is not uncertain.
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The terms and conditions are not significantly different.
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The contractor has not been debarred, suspended, or rendered ineligible.
Correct Answer
A. The reasonableness of the price is not uncertain.Explanation
The reasonableness of the price is not uncertain means that the price proposed is considered reasonable and appropriate. This condition does not need to be met in order to use previously proposed prices. The other conditions mentioned, such as the absence of a significant time lapse, similar terms and conditions, and the contractor's eligibility, are necessary for using previously proposed prices.Rate this question:
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Current Version
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Aug 29, 2023Quiz Edited by
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Aug 09, 2020Quiz Created by
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