PROCEDURES TAKE 14 QUESTIONS WITH
CORRECT AND DETAILED ANSWERS
LATEST EXAM
Only one quote was received in response to your competitive solicitation for
Government-unique tool kits that utilized the lowest price technically acceptable source
selection process. The quote, from Tool Warehouse, was determined to be technically
acceptable and was for a price of $124,500.
Which one of the following statements about the award decision is correct? -
ANSWERNot - The requirement must be reconsolidated in order to obtain competition.
Six quotes were received in response to your solicitation for new office equipment that
utilized the lowest price technically acceptable source selection process. The quotes
submitted by vendors A, B, and D were determined to be technically acceptable.
Vendor A quoted a price of $146,500;Vendor B quoted a price of $128,250; and Vendor
D quoted a price of $132,800.
Which one of the following statements about the award decision is correct? - ANSWER
Vendor B is the apparent awardee and price reasonableness would be based on
competition
Take 13 - ANSWERtake 13
Three quotes were received in response to your solicitation for training services.
Evaluation was based on a tradeoff between price and past performance. The assigned
past performance ratings and quoted prices were as follows:
Vendor A - Unacceptable, $216,150;
Vendor B - Acceptable, $248,500; and
Vendor C - Outstanding, $237,200.
Which one of the following statements about the award decision is correct? – ANSWER
Not - Vendor B is the apparent awardee and price reasonableness could be based on
any reasonable basis
Not - Vendor A is the apparent awardee and price reasonableness would be based on
competition
Vendor c
Which one of the following is correct regarding documenting the award of a buy using
SAP? - ANSWERNot - Award documentation must be extensive and detailed
Not - Records of oral price quotations are not required
, Not - Records of oral price quotations must be established to clearly reflect the
appropriateness of the award decision.
Not - Comparison of competitive quotes or offers is the least preferred method for
determining price reasonableness.
Which one of the following is NOT a mandatory Government source for satisfying a
supply requirement? - ANSWERNot - Excess from other agencies
Not - Wholesale supply sources
Commercial sources
Which one of the following is NOT correct regarding documenting the award of a buy
using SAP? - ANSWER19. Maybe not - Records of oral price quotations must be
established to clearly reflect the appropriateness of the award decision.
Not - Price reasonableness should be based on competitive quotes or offers whenever
possible.
Not - A statement of price reasonableness is not required when only one quote or offer
is received.
Which one of the following is NOT one of the first steps taken when quotations are
received in response to a solicitation using SAP? - ANSWERNot - Reviewing the
quotations for responsibility
Not - Reviewing electronic and digital submission to ensure they are readable
Not - Ranking the quotations by technical acceptability
Ensuring quotations are marked with the date and time they were received
Documenting the quotations with the date and time they were received
Not - Safeguarding proprietary and sensitive information in the quotations form improper
release.
Which one of the following mandatory Government sources is the first priority for
satisfying a requirement for services? - ANSWERNot - Federal Prison Industries
Not - The Procurement List maintained by The Committee for Purchase From People
Who Are Blind or Severely Disabled
Inventories of the requiring agencies