CLC 059 Subcontracting Exam Questions with 100% Correct Answers

What is a purchase order, task order, or other contract between a prime contractor and another business to support the prime contract and to which the government has no contractual relationship, i.e., no privity? Correct Answer Subcontract Which of the following are key, recommended resources for subcontracting compliance management? (Select three that apply) Correct Answer DFARS, SBA, DCMA Which of the following are key, recommended resources for subcontracting compliance management? (Select two that apply) Correct Answer OSBP, SBA Which of the following are pre-award considerations that impact post-award subcontracting compliance management? (Select three that apply) Correct Answer Will advance notification and consent to subcontract be required? Will the contract include government property? Will the contract be set aside for one of the small business socioeconomic categories? A $2 million contract for general construction has been set aside for HUBZone small businesses. Which of the following are subcontracts that comply with the limitations on subcontracting for small businesses? (Select three that apply) Correct Answer $1.6 million subcontract with another OTSB, assuming no other subcontracts will be awarded. $1.5 million subcontract with a WOSB, assuming no other subcontracts will be awarded. $1 million first-tier subcontract with a HUBZone small business, assuming no other subcontracts will be awarded. Which of the following contracts is required to submit a small business subcontracting plan? Each contract has subcontracting possibilities. Correct Answer $1 million services contract awarded to another than small business. Which of the following statements is accurate? Correct Answer Other than small businesses must comply with small business participation requirements. Which is an accurate statement about the DoD Mentor-Protégé Program? Correct Answer The desired outcome of the program is for the protégé to realize greater opportunities... On a contract that includes certified cost or pricing data, a DCAA audit confirm that one of the subcontractor submitted... ($2 million) What recourse does the government have? Correct Answer Change the prime contract to $4 million, plus interest, compounded daily, until the overpayment is repaid