DCMA Twin Cities FPRA

8 Questions | By DCMATwinCities | Updated: May 19, 2022 | Attempts: 91

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Questions and Answers

1.

Once a decision is made that a FPRA or FPRR is appropriate the ACO will enter the contractor information into what system?
- A.
  
  EDW
- B.
  
  FPRA eTool application
- C.
  
  Contract Receipt and Review eTool
- D.
  
  WAWF
Correct Answer
B. FPRA eTool application
2.

Who determines whether a FPRA or FPRR will be established?
- A.
  
  Industrial Specialist
- B.
  
  The contractor
- C.
  
  The PCO
- D.
  
  The ACO
Correct Answer
D. The ACO
3.

The ACO shall establish a FPRA or FPRR for all contractors with more than $200 million annual sales unless the ACO makes a written determination that the contractor will not have a significant volume of Government contract proposals in future periods.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True
4.

The ACO shall obtain approval of the PNO (PNOM) from the CMO Contracts Director and any required Contract Management Boards of Review approvals before entering into negotiations.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True
5.

The CMO Contracts Director shall approve any ACO written determination not to establish a FPRA/FPRR for a contractor with more than $10 million annual Government sales.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False
6.

Upon completing negotiations, the ACO shall prepare a price negotiation memorandum.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True
7.

The ACO should never distribute the signed copies of the rate agreement and negotiation memorandum or rate recommendation to DCAA or any other contracting offices.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False
8.

FPRAThe scope and depth of the analysis supporting the PNO should be directly related to the dollar value, importance, and complexity of the contractor's overall rates and individual elements of cost
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

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Current Version
May 19, 2022

Quiz Edited by
ProProfs Editorial Team
Sep 13, 2010

Quiz Created by
DCMATwinCities

Dcma Twin Cities Fpra

Once a decision is made that a FPRA or FPRR is appropriate the ACO will enter the contractor information into what system?

Who determines whether a FPRA or FPRR will be established?

The ACO shall establish a FPRA or FPRR for all contractors with more than $200 million annual sales unless the ACO makes a written determination that the contractor will not have a significant volume of Government contract proposals in future periods.

The ACO shall obtain approval of the PNO (PNOM) from the CMO Contracts Director and any required Contract Management Boards of Review approvals before entering into negotiations.

The CMO Contracts Director shall approve any ACO written determination not to establish a FPRA/FPRR for a contractor with more than $10 million annual Government sales.

Upon completing negotiations, the ACO shall prepare a price negotiation memorandum.

The ACO should never distribute the signed copies of the rate agreement and negotiation memorandum or rate recommendation to DCAA or any other contracting offices.

FPRAThe scope and depth of the analysis supporting the PNO should be directly related to the dollar value, importance, and complexity of the contractor's overall rates and individual elements of cost