2024/ 2025 | © copyright | This work may not be copied for profit gain Excel!
Con 3990 prep Questions and Answers |
Latest Update
What are the three contracting life cycle phases
✓ Pre-award, Award, and Post-award
Define the pre-award phase
✓ Invokes all work performed by both the buyer (Gov 't or Prime
Contractor) and seller (contractor or sub) in communicating the buyer's
requirements and providing a solution to those requirements
What typically starts before the contracting process?
✓ Requirement definition, budgeting/funding process, and acquisition
planning.
The pre-award phase consist of what two primary activities?
✓ Develop Solicitation (for our purpose, this is done by the Gov't or the
contractor) and develop offer (thi s is done by the contractor or sub)
In planning the solicitation
1 | P a g e | G r a d e A + | 2 0 0 2 5
,2024/ 2025 | © copyright | This work may not be copied for profit gain Excel!
✓ The buying activity must assess the need and analyze the requirement as
well make sure that contract outcomes will be measurable and properly
incentivized. They buying activity must al so verify availability of funds.
Buying activities must also
✓ Conduct market research to identify potential suppliers, evaluate if the
requirement is achievable, and perform any pre -offer conferences or
communication
Market Research happens in what phases of contracting life cycle?
✓ Is a process continuous through out all phases of the contracting life
cycle
In planning the solicitation...
✓ Buying activities should analyze risk that can take the form of performing
make or by decisions, conducting a supply or service determination, and
understanding the required schedule or needs of the customer.
Before finalizing the solicitation...
1 | P a g e | G r a d e A + | 2 0 0 2 5
,2024/ 2025 | © copyright | This work may not be copied for profit gain Excel!
✓ The contract manager will participate in choosing a contract type and
contracting method, help determi ne applicable regulations, and assist in
building an evaluation strategy for offers.
In response to a solicitation...
✓ The seller will submit an offer
The sellers offer should include
✓ The offer must've line with the offerers overall sales plan and overall
risk category. determining which parts of the contract performance the
offer will need assistance from partners, subcontractors, or vendors.
Communicate with the buying activity to make sure all information has
been provided
What is the award phase?
✓ The second contract life cycle phase is award. The word phase involves
all work performed by both the buyer and seller that produces an award
contract.
What is one activity in the ward phase?
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, 2024/ 2025 | © copyright | This work may not be copied for profit gain Excel!
✓ Form the contract
When the government receives offers they must analyze proposals for what?
✓ In terms of risk, review for price of reasonableness, and document the
results of the analysis.
Based on the analysis of proposal, to plan for negotiations the government may ask for?
✓ Clarification from offers and then develop negotiation objectives. The
offer will respond to the request for clarification and prepare for
negotiations as well.
True or false; the buyer and seller may exchange ideas or have discussions, they may be
informal or highly structured as needed during the award phase
✓ True
After reviewing proposals and analyzing the proposals and having exchanges with the sellers,
the buyer will then?
✓ Select a source
What is the third contract life cycle phase?
1 | P a g e | G r a d e A + | 2 0 0 2 5
Con 3990 prep Questions and Answers |
Latest Update
What are the three contracting life cycle phases
✓ Pre-award, Award, and Post-award
Define the pre-award phase
✓ Invokes all work performed by both the buyer (Gov 't or Prime
Contractor) and seller (contractor or sub) in communicating the buyer's
requirements and providing a solution to those requirements
What typically starts before the contracting process?
✓ Requirement definition, budgeting/funding process, and acquisition
planning.
The pre-award phase consist of what two primary activities?
✓ Develop Solicitation (for our purpose, this is done by the Gov't or the
contractor) and develop offer (thi s is done by the contractor or sub)
In planning the solicitation
1 | P a g e | G r a d e A + | 2 0 0 2 5
,2024/ 2025 | © copyright | This work may not be copied for profit gain Excel!
✓ The buying activity must assess the need and analyze the requirement as
well make sure that contract outcomes will be measurable and properly
incentivized. They buying activity must al so verify availability of funds.
Buying activities must also
✓ Conduct market research to identify potential suppliers, evaluate if the
requirement is achievable, and perform any pre -offer conferences or
communication
Market Research happens in what phases of contracting life cycle?
✓ Is a process continuous through out all phases of the contracting life
cycle
In planning the solicitation...
✓ Buying activities should analyze risk that can take the form of performing
make or by decisions, conducting a supply or service determination, and
understanding the required schedule or needs of the customer.
Before finalizing the solicitation...
1 | P a g e | G r a d e A + | 2 0 0 2 5
,2024/ 2025 | © copyright | This work may not be copied for profit gain Excel!
✓ The contract manager will participate in choosing a contract type and
contracting method, help determi ne applicable regulations, and assist in
building an evaluation strategy for offers.
In response to a solicitation...
✓ The seller will submit an offer
The sellers offer should include
✓ The offer must've line with the offerers overall sales plan and overall
risk category. determining which parts of the contract performance the
offer will need assistance from partners, subcontractors, or vendors.
Communicate with the buying activity to make sure all information has
been provided
What is the award phase?
✓ The second contract life cycle phase is award. The word phase involves
all work performed by both the buyer and seller that produces an award
contract.
What is one activity in the ward phase?
1 | P a g e | G r a d e A + | 2 0 0 2 5
, 2024/ 2025 | © copyright | This work may not be copied for profit gain Excel!
✓ Form the contract
When the government receives offers they must analyze proposals for what?
✓ In terms of risk, review for price of reasonableness, and document the
results of the analysis.
Based on the analysis of proposal, to plan for negotiations the government may ask for?
✓ Clarification from offers and then develop negotiation objectives. The
offer will respond to the request for clarification and prepare for
negotiations as well.
True or false; the buyer and seller may exchange ideas or have discussions, they may be
informal or highly structured as needed during the award phase
✓ True
After reviewing proposals and analyzing the proposals and having exchanges with the sellers,
the buyer will then?
✓ Select a source
What is the third contract life cycle phase?
1 | P a g e | G r a d e A + | 2 0 0 2 5
