AATC 1300 ACTUAL EXAM | COMPLETE AND GRADED QUESTIONS AND ANSWERS
2026 LATEST UPDATED | 100% GRADED CORRECT | 100% GUARANTEED TO PASS |
GET A+
1. A ________is not an offer because it does not bind the contractor to perform a task.: quote
2. A response to a solicitation that, if accepted, would bind the contractor to perform the resultant contract. (RFP /
IFB).: Offer
3. Ø RFQ (simplified acquisition) are "quotations," not offers
Ø IFBs (sealed bidding) are offers called "bids" or "sealed bids";
Ø RFP (negotiation) are offers called "proposals": "responses" to RFQ, IFB, or RFP 4. ______ process is appropriate when
it is in Government's best interest to consider award to other than lowest priced or highest technically rated offeror. Trades
better quality, technical ability or performance for price: Tradeoff Process 5. The __________are sealed, often physically
in an envelope, and are all opened publicly at once
A technical evaluation may occur before bids are opened in order to determine offeror responsibility and responsiveness:
Sealed Bids
6. ________ deals with Best Values is expected to result from selection of the technically acceptable proposal with the
lowest evaluated price: Lowest Price Technically
Acceptable (LPTA)
7. o An offer to perform the work described in a contract at a specified cost.. o _________are normally not negotiated
and cannot be changed once accepted by the owner.: Bids
8. An offer for a ______ under FAR _______ is a purchase order: RFQ
FAR Subpart 9.4
,9. A _______ under FAR ______ is a Quote: RFQ
FAR Part 13
10. An offer for a _______ under FAR ______ is a bid or sealed bid: IFB
FAR Part 14
11. An offer for a _______ under FAR _____ is a proposal: RFP
FAR Part 15
12. _______ risk is an escalation of project costs. Perhaps the most common project risk, cost risk is due to poor
budget planning, inaccurate cost estimating, and scope creep.: Cost
13. ________ risk is the risk that activities will take longer than expected o Typically the result of poor planning or
unforeseen circumstances: Schedule 14. ___________ risk is the risk that the project will fail to produce results
consistent with project specifications
o Can lead to cost risk and schedule risk when the performance of a team or technology results in an increase in cost and
duration of the project.: Performance
15. o Costs should be realistic for the work to be performed o Reflects a clear understanding
of the requirements
o Consistent with the unique methods of performance and materials described in the offeror's technical proposal.: Cost
Realism Analysis
16. While the FAR does not define what constitutes a fair and reasonable price, it does establish specific steps we
need to take in order to determine prices proposed as fair and reasonable. This process is called__________: Proposal
Analysis.
17. The _______of proposal analysis is to ensure that the final agreed-to price is fair and reasonable.: objective
18. The ______is responsible for evaluating the reasonableness of the offered prices.: KO
, 19. ____________ requires Federal agencies to procure domestic materials and products. o The procurement must be
intended for public use within the US
O Must be present in the US in sufficient and reasonably available commercial quantities of a satisfactory quality: Buy
American Act
20. Ø Applies when full and open competition is expected, and requirement exceeds the micro-purchase threshold.
Ø Adds 10% price evaluation preference (PEP) to all offers except ______Small Businesses or otherwise successful
Small Businesses.
Ø_____ PEP can't displace otherwise successful small business offeror.: HUBZone
21. o Allows for ________to be made to achieve savings
o Requires administrative costs be added to each contract contemplated for evaluation purposes o $500 for Sealed
Bids
o Non-specific for Contracting by Negotiation ($500 is traditional unless other situation applies): multiple award
22. o Contractor bears the expense of transporting the item to the government's desired location
o Risk of loss and damage passes to the government on arrival after acceptance: Free-on-Borad (F.O.B). Destination?
(Transportation Costs)
23. o Government will pick up the deliverable from the contractor facility
o Risk of loss and damage passes to the government immediately upon acceptance, prior to and during transit: Free-on-
Borad (F.O.B.) Origin
(Transportation Cost)
24. __________________ shall be performed on ____________ contracts to determine the probable cost of
performance for each offeror
2026 LATEST UPDATED | 100% GRADED CORRECT | 100% GUARANTEED TO PASS |
GET A+
1. A ________is not an offer because it does not bind the contractor to perform a task.: quote
2. A response to a solicitation that, if accepted, would bind the contractor to perform the resultant contract. (RFP /
IFB).: Offer
3. Ø RFQ (simplified acquisition) are "quotations," not offers
Ø IFBs (sealed bidding) are offers called "bids" or "sealed bids";
Ø RFP (negotiation) are offers called "proposals": "responses" to RFQ, IFB, or RFP 4. ______ process is appropriate when
it is in Government's best interest to consider award to other than lowest priced or highest technically rated offeror. Trades
better quality, technical ability or performance for price: Tradeoff Process 5. The __________are sealed, often physically
in an envelope, and are all opened publicly at once
A technical evaluation may occur before bids are opened in order to determine offeror responsibility and responsiveness:
Sealed Bids
6. ________ deals with Best Values is expected to result from selection of the technically acceptable proposal with the
lowest evaluated price: Lowest Price Technically
Acceptable (LPTA)
7. o An offer to perform the work described in a contract at a specified cost.. o _________are normally not negotiated
and cannot be changed once accepted by the owner.: Bids
8. An offer for a ______ under FAR _______ is a purchase order: RFQ
FAR Subpart 9.4
,9. A _______ under FAR ______ is a Quote: RFQ
FAR Part 13
10. An offer for a _______ under FAR ______ is a bid or sealed bid: IFB
FAR Part 14
11. An offer for a _______ under FAR _____ is a proposal: RFP
FAR Part 15
12. _______ risk is an escalation of project costs. Perhaps the most common project risk, cost risk is due to poor
budget planning, inaccurate cost estimating, and scope creep.: Cost
13. ________ risk is the risk that activities will take longer than expected o Typically the result of poor planning or
unforeseen circumstances: Schedule 14. ___________ risk is the risk that the project will fail to produce results
consistent with project specifications
o Can lead to cost risk and schedule risk when the performance of a team or technology results in an increase in cost and
duration of the project.: Performance
15. o Costs should be realistic for the work to be performed o Reflects a clear understanding
of the requirements
o Consistent with the unique methods of performance and materials described in the offeror's technical proposal.: Cost
Realism Analysis
16. While the FAR does not define what constitutes a fair and reasonable price, it does establish specific steps we
need to take in order to determine prices proposed as fair and reasonable. This process is called__________: Proposal
Analysis.
17. The _______of proposal analysis is to ensure that the final agreed-to price is fair and reasonable.: objective
18. The ______is responsible for evaluating the reasonableness of the offered prices.: KO
, 19. ____________ requires Federal agencies to procure domestic materials and products. o The procurement must be
intended for public use within the US
O Must be present in the US in sufficient and reasonably available commercial quantities of a satisfactory quality: Buy
American Act
20. Ø Applies when full and open competition is expected, and requirement exceeds the micro-purchase threshold.
Ø Adds 10% price evaluation preference (PEP) to all offers except ______Small Businesses or otherwise successful
Small Businesses.
Ø_____ PEP can't displace otherwise successful small business offeror.: HUBZone
21. o Allows for ________to be made to achieve savings
o Requires administrative costs be added to each contract contemplated for evaluation purposes o $500 for Sealed
Bids
o Non-specific for Contracting by Negotiation ($500 is traditional unless other situation applies): multiple award
22. o Contractor bears the expense of transporting the item to the government's desired location
o Risk of loss and damage passes to the government on arrival after acceptance: Free-on-Borad (F.O.B). Destination?
(Transportation Costs)
23. o Government will pick up the deliverable from the contractor facility
o Risk of loss and damage passes to the government immediately upon acceptance, prior to and during transit: Free-on-
Borad (F.O.B.) Origin
(Transportation Cost)
24. __________________ shall be performed on ____________ contracts to determine the probable cost of
performance for each offeror
