Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 1 out of 4 pages
Exam (elaborations)

FAC-C QUESTIONS - SKILLS AND ROLES 1.1 QUESTIONS WITH ANSWERS

Document preview thumbnail
Preview 1 out of 4 pages

FAC-C QUESTIONS - SKILLS AND ROLES 1.1 QUESTIONS WITH ANSWERS

Content preview

FAC-C QUESTIONS - SKILLS AND ROLES 1.1 QUESTIONS
WITH ANSWERS



The contracting process consists of three Contract Life Cycle Phases? - ans-Pre-
xc xc xc xc xc xc xc xc xc xc xcxc




award, Award, and Post-award xc xc xc




The pre-award phase consists of two primary activities? - ans-
xc xc xc xc xc xc xc xc xcxc




Develop Solicitation, Develop Offer xc xc xc




In planning the solicitation, the buying activity must assess the need and analyze the requir
xc xc xc xc xc xc xc xc xc xc xc xc xc xc




ement as well as make sure that contract outcomes will be measurable and properly incenti
xc xc xc xc xc xc xc xc xc xc xc xc xc xc




vized. The buying activity must also verify the availability of funds? - ans-
xc xc xc xc xc xc xc xc xc xc xc xcxc




FAR part 7, Acquisition Planning, and FAR part 11, Describing Agency Needs, are key reso
xc xc xc xc xc xc xc xc xc xc xc xc xc xc




urces

Buying activities must also conduct market research to identify potential suppliers, evaluat
xc xc xc xc xc xc xc xc xc xc xc




e if the requirement is achievable, and perform any pre-
xc xc xc xc xc xc xc xc xc




offer conferences or communication. - ans-
xc xc xc xc xcxc




FAR part 10, Market Research, is a key resource and is required by law
xc xc xc xc xc xc xc xc xc xc xc xc xc




Market Research is a continuous process throughout all phases of? - ans-
xc xc xc xc xc xc xc xc xc xc xcxc




the contract life cycle
xc xc xc




Before finalizing the solicitation, the contracts manager will participate in choosing a contra
xc xc xc xc xc xc xc xc xc xc xc xc




ct type and contracting method, help determine applicable regulations, and assist in buildin
xc xc xc xc xc xc xc xc xc xc xc xc




g an evaluation strategy for offers? - ans-
xc xc xc xc xc xc xcxc




FAR part 16 is the primary source for information about contract types.
xc xc xc xc xc xc xc xc xc xc xc




To issue the solicitation, the buying activity must determine the need and means of publicizi
xc xc xc xc xc xc xc xc xc xc xc xc xc xc




ng the solicitation so that offerors are aware of the potential business opportunity? - ans-
xc xc xc xc xc xc xc xc xc xc xc xc xc xcxc




FAR part 5 addresses publicizing contract actions.
xc xc xc xc xc xc




In response to a solicitation, the seller will submit an offer? - ans-
xc xc xc xc xc xc xc xc xc xc xc xcxc




The offer must align with the offeror's overall sales plan and be within the offeror's overall ris
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc




k strategy
xc




When it receives offers, the buying activity (Government) must analyze proposals in terms
xc xc xc xc xc xc xc xc xc xc xc xc xc




of risk, review for price reasonableness, and document results of the analysis? - ans-
xc xc xc xc xc xc xc xc xc xc xc xc xcxc




FAR 15.404, Proposal Analysis, gives guidance that can be generalized for contract metho
xc xc xc xc xc xc xc xc xc xc xc xc




ds beyond those covered by FAR part 15.
xc xc xc xc xc xc xc




Based on this analysis, to plan for negotiations the buying activity may ask for clarification fr
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc




om offerors and then develop negotiation objectives. The offeror will respond to the request
xc xc xc xc xc xc xc xc xc xc xc xc xc

Document information

Uploaded on
July 6, 2026
Number of pages
4
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$14.49

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
VICTORYSUCCESS
3.0
(2)
Sold
16
Followers
0
Items
2227
Last sold
4 days ago


Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions