Con 3990 prep / Revised Questions and Answers /
Guaranteed Pass
A change to a solicitation is called? - Amendment
A CO shall or shall NOT knowingly award a contract to a Government employee or to a business concern
or other organization owned or substantially owned or controlled by one or more government
employee? - Shall NOT - FAR 3.601 - Avoid conflict of interest
A contract clause might? - Tell an offer or the maximum number of pages that can be included in a
proposal
A contracting officer representative does not have the authority to? - Enter into, change, or
terminate the contract
A contractor assumes the greatest cost risk in a which type of contract? - Firm fixed price
contracts
A contractor assumes the least cost risk in which type of contract? - Cost plus fixed fee contracts
A cost person of the contract specifies a Target cost, a target fee, a minimum and maximum fees, and a
free adjustment formula. True or false - True
a cost plus a percentage of cost system of contracting is prohibited. True or false - True
A cost reimbursement type Contract Place is upon the contractor, maximum risk and responsibility for all
cost and resulting profit or loss. True or false - False
A fixed price contract of economic price adjustments might be applicable, when (select to that apply)
-Market or labor conditions are stable
,-Market or they were conditions are volatile
-Contingencies that would otherwise be included in the contract price can be identified and covered
separately in the contract
-Contingencies that would otherwise be included in the contract price cannot be identified and covered
separately in the contract - -Market or they were conditions are volatile
-Contingencies that would otherwise be included in the contract price can be identified and covered
separately in the contract
A Kermit instrument identifier is a unique number, identifying each solicitation, contract, agreement, or
order and related procurement instrument. True or false - True
A personal conflict of interest is a situation where an individual is employed by a defense contractor
company and is in a position to materially influence DOD recommendations and/or decisions and,
because of his/her personal activities, relationships, or financial interest, may lack or appear to lack
objectivity or appear to be unduly influenced by personal financial interest. True or false - True
A plant clearance officer should provide the contractor disposition. Instructions for property identified
on an acceptable inventory, disposal schedule within how many days? - 120 days
A prices based on adequate price competition wHen... - -in receipt of offers from two or more
responsible offerors
-In receipt of offers from two or more offerors competing independently
A protest is an __________________ by an _______________ - Written objection by an interested
party
A responsible contractor is one who (select for that apply)
-Has adequate financial resources or the ability to attend them
-Is able to comply with required or propose delivered or performance schedule
-admits liability, even when not at fault
-Has a satisfactory performance record
,-Has a satisfactory record of integrity and business ethics - Has adequate financial resources or
the ability to attend them
-Is able to comply with required or propose delivered or performance schedule
-Has a satisfactory performance record
-Has a satisfactory record of integrity and business ethics
A show cause is used either after the cure notice fails to correct the delinquency or when there is
insufficient time remaining in schedule less than _____ days? - 10 days
A solicitation provision might? - Legally bind a contractor to deliver a product that meets a
technical specification
A(n) ________ is when the CO responsible for contract close out negotiate to close out settlement -
Quick closeout
A(n) _________ allows a system to initiate an execute the close of action - Automated closeout
Acceptance constitutes acknowledgment that supplies or services performed with a book or contract
quality and quantity requirements, except a subject to other terms and conditions of the contract. True
or false - True
Acceptance constitutes acknowledgment that the supplies or services? - Conforms with applicable
contract quality and quantity requirements
Acceptance means? - The act of an authorized representative of the government by which the
government for itself or as an agent of another, assumes ownership of existing identified supplies
tendered or approved specific services rendered as partial or complete performance of the contract
According to FAR 2.101, cost or pricing data... - Is factual
, Acquisition definition - The acquiring by contract with appropriate funds of supplies or services by
and for the use of federal government through the purchase or lease, whether the supplies or services
are already in existence or must be created, develop, demonstrated, and evaluated
Acquisition planning should begin as soon as the agency need is identified. True or false. - True
Acquisition planning should begin when? - As soon as as the agency need is identified
Acquisition team members definition - Consing of all participants and government acquisition
including not only representatives of the technical, supply, emperment communities but also customers
they serve, and the contractors who provide the products and services
After reviewing proposals and analyzing the proposals and having exchanges with the sellers, the buyer
will then? - Select a source
Agencies are required to hold contract files in office responsible for maintaining them for a period of? -
12 months
Agencies may exclude a particular sores from my contact action in order to establish or maintain an
alternate source or sources. These include what? - -Establishing or maintaining alternate sources
-set aside for small business concerns
-section 8 a competition
-set asides for hub zone small business concerns
-Set aside for economically disadvantage women owned small businesses concerns or women on small
business concerns eligible under the WOSB program
-set aside for local firms during a major disaster or emergency
Agency shall use simplified acquisition procedures to the maximum extent, practical for all purchases of
supplies or services, not exceeding the simplified acquisition threshold. True or false - True
Guaranteed Pass
A change to a solicitation is called? - Amendment
A CO shall or shall NOT knowingly award a contract to a Government employee or to a business concern
or other organization owned or substantially owned or controlled by one or more government
employee? - Shall NOT - FAR 3.601 - Avoid conflict of interest
A contract clause might? - Tell an offer or the maximum number of pages that can be included in a
proposal
A contracting officer representative does not have the authority to? - Enter into, change, or
terminate the contract
A contractor assumes the greatest cost risk in a which type of contract? - Firm fixed price
contracts
A contractor assumes the least cost risk in which type of contract? - Cost plus fixed fee contracts
A cost person of the contract specifies a Target cost, a target fee, a minimum and maximum fees, and a
free adjustment formula. True or false - True
a cost plus a percentage of cost system of contracting is prohibited. True or false - True
A cost reimbursement type Contract Place is upon the contractor, maximum risk and responsibility for all
cost and resulting profit or loss. True or false - False
A fixed price contract of economic price adjustments might be applicable, when (select to that apply)
-Market or labor conditions are stable
,-Market or they were conditions are volatile
-Contingencies that would otherwise be included in the contract price can be identified and covered
separately in the contract
-Contingencies that would otherwise be included in the contract price cannot be identified and covered
separately in the contract - -Market or they were conditions are volatile
-Contingencies that would otherwise be included in the contract price can be identified and covered
separately in the contract
A Kermit instrument identifier is a unique number, identifying each solicitation, contract, agreement, or
order and related procurement instrument. True or false - True
A personal conflict of interest is a situation where an individual is employed by a defense contractor
company and is in a position to materially influence DOD recommendations and/or decisions and,
because of his/her personal activities, relationships, or financial interest, may lack or appear to lack
objectivity or appear to be unduly influenced by personal financial interest. True or false - True
A plant clearance officer should provide the contractor disposition. Instructions for property identified
on an acceptable inventory, disposal schedule within how many days? - 120 days
A prices based on adequate price competition wHen... - -in receipt of offers from two or more
responsible offerors
-In receipt of offers from two or more offerors competing independently
A protest is an __________________ by an _______________ - Written objection by an interested
party
A responsible contractor is one who (select for that apply)
-Has adequate financial resources or the ability to attend them
-Is able to comply with required or propose delivered or performance schedule
-admits liability, even when not at fault
-Has a satisfactory performance record
,-Has a satisfactory record of integrity and business ethics - Has adequate financial resources or
the ability to attend them
-Is able to comply with required or propose delivered or performance schedule
-Has a satisfactory performance record
-Has a satisfactory record of integrity and business ethics
A show cause is used either after the cure notice fails to correct the delinquency or when there is
insufficient time remaining in schedule less than _____ days? - 10 days
A solicitation provision might? - Legally bind a contractor to deliver a product that meets a
technical specification
A(n) ________ is when the CO responsible for contract close out negotiate to close out settlement -
Quick closeout
A(n) _________ allows a system to initiate an execute the close of action - Automated closeout
Acceptance constitutes acknowledgment that supplies or services performed with a book or contract
quality and quantity requirements, except a subject to other terms and conditions of the contract. True
or false - True
Acceptance constitutes acknowledgment that the supplies or services? - Conforms with applicable
contract quality and quantity requirements
Acceptance means? - The act of an authorized representative of the government by which the
government for itself or as an agent of another, assumes ownership of existing identified supplies
tendered or approved specific services rendered as partial or complete performance of the contract
According to FAR 2.101, cost or pricing data... - Is factual
, Acquisition definition - The acquiring by contract with appropriate funds of supplies or services by
and for the use of federal government through the purchase or lease, whether the supplies or services
are already in existence or must be created, develop, demonstrated, and evaluated
Acquisition planning should begin as soon as the agency need is identified. True or false. - True
Acquisition planning should begin when? - As soon as as the agency need is identified
Acquisition team members definition - Consing of all participants and government acquisition
including not only representatives of the technical, supply, emperment communities but also customers
they serve, and the contractors who provide the products and services
After reviewing proposals and analyzing the proposals and having exchanges with the sellers, the buyer
will then? - Select a source
Agencies are required to hold contract files in office responsible for maintaining them for a period of? -
12 months
Agencies may exclude a particular sores from my contact action in order to establish or maintain an
alternate source or sources. These include what? - -Establishing or maintaining alternate sources
-set aside for small business concerns
-section 8 a competition
-set asides for hub zone small business concerns
-Set aside for economically disadvantage women owned small businesses concerns or women on small
business concerns eligible under the WOSB program
-set aside for local firms during a major disaster or emergency
Agency shall use simplified acquisition procedures to the maximum extent, practical for all purchases of
supplies or services, not exceeding the simplified acquisition threshold. True or false - True
