CON 3990V Final Exam | Explore 200 All Possible Questions and Answers | Update | 100% Correct-DAU.

CON 3990V v




CON 3990V Final Exam | Explore 200 All Possible Questions and
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v Answers | Update | 100% Correct-DAU.
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Testbankscove

,CON 3990 Exam - Complete Questions, Answers, and Rationales
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Question 1 v




How long are contract documents retained after closeout?
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A) 3 years after final payment
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B) 5 years after contract signing
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C) 6 years after final payment
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D) 10 years after contract termination
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Rationale: Contract files must be retained for 6 years after final payment in accordance
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v with federal record retention requirements. This allows sufficient time for any audits,
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investigations, or legal proceedings that may arise after contract completion.
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Question 2 v




If an express warranty is included in the contract, do implied warranties of
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merchantability and fitness still apply?
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A) No, they are negated by the specific language of the express warranty clause
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v (unless a commercial item)
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B) Yes, they are enhanced by the express warranty clause
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C) No, they are replaced by standard industry warranties
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D) Yes, they apply unless explicitly excluded by law
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Rationale: Implied warranties of merchantability and fitness for a particular purpose
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v coexist with express warranties unless they are explicitly disclaimed or excluded by law.
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Express warranties do not automatically negate implied warranties; they can be
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v cumulative.

,Question 3 v




When should all other (not SAP, FFP, or indirect cost rate) contract files be closed?
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A) Within 12 months of the month the KO receives evidence of physical completion
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B) Within 30 months of the month the KO receives evidence of physical completion
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C) Within 20 months of the month the KO receives evidence of physical completion
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D) Within 6 months of the month the KO receives evidence of physical completion
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Rationale: Non-SAP, non-FFP, and non-indirect cost rate contract files should be
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v closed within 6 months of the month the Contracting Officer receives evidence of
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v physical completion. This ensures timely file closure and proper documentation.
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Question 4 v




When should an excusable delay be prescribed?
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A) In solicitation and contract for supplies, services, construction, and R&D on a fee
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v basis whenever a cost reimbursement, T&M, and labor hour contract is contemplated
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B) In contracts for standard commercial goods purchases
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C) In contracts for routine maintenance and repairs
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D) In contracts for software licensing and support
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Rationale: Excusable delay clauses are prescribed in solicitations and contracts for
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supplies, services, construction, and R&D on a fee basis when cost reimbursement,
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v time-and-materials, or labor hour contracts are contemplated. These contract types v v v v v v v v v




involve higher risk and uncertainty.
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Question 5 v




What shall be included in a termination notice?
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A) That the contract is being terminated and under what contract clause, the effective
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date, extent of termination, any special instructions, steps contractors should take to
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, minimize the impact on personnel if the termination
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B) Provide background/basis for decisions, Supporting actions taken, Provide
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information for reviews and investigations, Furnishing essential facts in the event
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v of a litigation
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C) Maintained at the organizational level to ensure effective documentation of contract
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v actions, accessibility by principal users, minimal establishment of duplicate and working
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v files, safeguarding classified docs, conformance with agency regs
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D) The tech data to be delivered under contract and schedule, establish procedure for
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determining acceptability of data, establish separate CLINs for tech data to be
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v delivered (priced separately), require offerors to identify tech data to be furnished
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v with restrictions
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Rationale: A termination notice must clearly state that the contract is being terminated,
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identify the contract clause under which termination is occurring, specify the effective
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v date, define the extent of termination, and provide special instructions including steps to
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v minimize personnel impact. v v




Question 6 v




What should the KO ensure is included in a warranty?
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A) Maintained at the organizational level to ensure effective documentation of contract
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v actions, accessibility by principal users, minimal establishment of duplicate and working
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v files, safeguarding classified docs, conformance with agency regs
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B) Understanding (alternative) solutions available in marketplace, insight into price
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v expectations, better able to describe/communicate gov needs to industry, provide more
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competition, understand common industry practices, terms and conditions
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C) Nature of the item and its components that the contractor warrants, extent of the
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v contractors warranty including all of the contractors obligations to the Gov for breach
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v of warranty, specific remedies available, scope and duration of warranty
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D) To delineate rights and obligations of the KTR and the Gov for defective items,
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v to foster quality performance
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Rationale: A warranty must clearly specify what is being warranted (nature and
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components), the extent of the contractor's obligations for breach, available remedies,
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