CLM 059 comprehensive Questions and Answers with
100% Correct Answers | Latest Version
Question 1.
Which organization provides overall direction for Government-wide procurement policies,
regulations and procedures, including small business programs?
Correct Answer: Office of Federal Procurement Policy
Question 2.
What must the acquisition team do to determine that consolidation of contract requirements
in excess of $2 million is necessary and Justified
Correct Answer: Perform an analysis and demonstrate that the advantages of the
proposed consolidation?substantially exceed? those of each alternative strategy.
Question 3.
A large business tells you that they have heard they can get a 5% rebate for subcontracts to
certain types of businesses. What program are they referring?
Correct Answer: Indian Incentive Prograrg (IPP)
Question 4.
What can the results of market research help the acquisition team do? Select three that
apply.
Correct Answer: Identify industry capabilities Define requirements Determine if a
set-aside is feasible
Question 5.
Which market research tool would be used to verify the 8(a) or Historically Underutilized
Business Zones (HUBZone) status of a Small business
Correct Answer: Dynamic Small Business Search (DSBS)
Question 6.
Which of the following programs within the Department of Defense (DoD) Office of Small
Business Programs (OSBP) stimulates innovation while reducing acquisition addressing
technical risks, and improving the timeliness and thoroughness of test and evaluation
outcomes
Correct Answer: RIF
100% Correct Answers | Latest Version
Question 1.
Which organization provides overall direction for Government-wide procurement policies,
regulations and procedures, including small business programs?
Correct Answer: Office of Federal Procurement Policy
Question 2.
What must the acquisition team do to determine that consolidation of contract requirements
in excess of $2 million is necessary and Justified
Correct Answer: Perform an analysis and demonstrate that the advantages of the
proposed consolidation?substantially exceed? those of each alternative strategy.
Question 3.
A large business tells you that they have heard they can get a 5% rebate for subcontracts to
certain types of businesses. What program are they referring?
Correct Answer: Indian Incentive Prograrg (IPP)
Question 4.
What can the results of market research help the acquisition team do? Select three that
apply.
Correct Answer: Identify industry capabilities Define requirements Determine if a
set-aside is feasible
Question 5.
Which market research tool would be used to verify the 8(a) or Historically Underutilized
Business Zones (HUBZone) status of a Small business
Correct Answer: Dynamic Small Business Search (DSBS)
Question 6.
Which of the following programs within the Department of Defense (DoD) Office of Small
Business Programs (OSBP) stimulates innovation while reducing acquisition addressing
technical risks, and improving the timeliness and thoroughness of test and evaluation
outcomes
Correct Answer: RIF