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CON 3990 Exam Prep 2026 | Updated Version | Complete Questions and Correct Answers | Brand New Version!

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CON 3990 Exam Prep 2026 | Updated Version | Complete Questions and Correct Answers | Brand New Version!

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8/29/26, 1:12 PM CON 3990 Exam Prep 2026 | Updated Version | Complete Questions and Correct Answers | Brand New Version! Flashcards | Quizlet




CON 3990 Exam Prep 2026 | Updated Version |
Complete Questions and Correct Answers | Brand
New Version!




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Terms in this set (201)



What is the Micro-purhcase threshold $10k
for supplies?


All incentive contracts (schedule or Cost incentive or constraint
performance) must also include what?


What requires funds to be used only Bona Fide Needs Rule
for needs or services in the year of the
appropriations obligation period?




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, 8/29/26, 1:12 PM CON 3990 Exam Prep 2026 | Updated Version | Complete Questions and Correct Answers | Brand New Version! Flashcards | Quizlet




What contract types can be used for FFP or FPEPA
commercial item purchases?


What is the Simplified Acquisition $7.5M - commercial $250k for non-commercial
Threshold for commercial products
and services? What is it for non-
commercial?


True or False: The Gov shall use True
electronic commerce whenever
practicable or cost-effective


What is the purpose of a contract file? Provide background/basis for decisions
(4) Supporting actions taken
Provide information for reviews and investigations
Furnishing essential facts in the event of a litigation


Can contract files be combined if Yes
appropriate?


At what level are contract files Maintained at the organizational level to ensure
maintained and why? effective documentation of contract actions
accessibility by principal users
minimal establishment of duplicate and working files
safeguarding classified docs
conformance with agency regs


When is a SAP contract file closed When the KO receives evidence of receipt of
out? property or final payment



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