CLC 059 Subcontracting Questions with Correct Answers 100% Pass

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? - ANSWER -Subcontract Which of the following are key, recommended resources for subcontracting compliance management? (Select three that apply) - ANSWER -DFARS, SBA, DCMA Which of the following are key, recommended resources for subcontracting compliance management? (Select two that apply) - ANSWER -OSBP, SBA Which of the following are pre-award considerations that impact post-award subcontracting compliance management? (Select three that apply) - 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) - 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. - ANSWER -$1 million services contract awarded to another than small business. Which of the following statements is accurate? - ANSWER -Other than small businesses must comply with small business participation requirements. Which is an accurate statement about the DoD Mentor-Protégé Program? - 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? - ANSWER -Change the prime contract to $4 million, plus interest, compounded daily, until the overpayment is repaid A $70 million contract has been awarded by the U.S. Navy to DIVE, Inc., to retrofit a... Which of the following are the prime contractors responsibilities related to mandatory flow-down clauses? (Select three that apply) - ANSWER -The prime contractor needs to monitor each subcontractor and make sure it is complying with the mandatory flow-down clauses. The prime contractor needs to make sure each subcontractor understands what it must do to comply with the flow-down. The prime contractor needs to include in its su