Warrant Board
A client involves you with an offer that does NOT include any Cost or Pricing statistics b/c the
contractor has claimed an exception based on APC. The buyer is aware of this system is a
sole-supply attempt and does no longer understand the standards for the exception based on
APC. Describe how you will explain to the client the 3 requirements underneath APC. -
ANS-"FAR 15.403-1 (i) Two or greater responsible offerors, competing independently, submit
priced offers that satisfy the Government's expressed requirement; (ii) There turned into an
inexpensive expectation, primarily based on marketplace studies or other evaluation, that or
greater responsible offerors, competing independently, would put up priced offers in response to
the solicitation's expressed requirement, even though only one provide is obtained from a
responsible offeror; (iii) Price evaluation absolutely demonstrates that the proposed charge is
reasonable in comparison with present day or recent fees for the equal or similar objects,
adjusted to mirror changes in marketplace situations, financial conditions, quantities, or terms
and situations below contracts that resulted from ok fee opposition.
A junior consumer offers you a contractor's notion that contains a CPAF contract and asks you
for help in operating the WGL to establish a Gov't goal. How do you reply? - ANS-"215.404-74
Fee requirements for price-plus-award-charge contracts.
AS a PCO you'll be required to trouble an Undefinitized Contract Action (UCA). Please explain
what two clauses you would want to ensure become within the settlement and why? -
ANS-Limitation of Liabiltiy (limits the Gov'ts liability to the funds that are to be had on a no
longer-to-exceed bases and a definitazation time table (to lay a precise schedule)
AS A PCO you can write contracts that use the clauses "Limitation of Funds, Limitation of Cost,
and Limitation of Liability". When is each clause suitable and what is the not unusual purpose of
all the clauses? - ANS-Incrementally funded CR, Fully Funded CR and UCA movement,
respectively. All clauses limit the Gov'ts legal responsibility to the quantity of funding this is on
the contract thereby complying with appropriation legal guidelines.
As a PCO, you've got incremntally funded CR agreement. The KTR tells you that price range
will expire in 90 days. The KTs PoP runs for a further 18 months. What alternatives do you have
as a PCO? What responsibilities does the contractor have? What advice might you deliver the
contractor and PO. - ANS-Fund the Contract. Request funds from the PO and fund the
settlement
As the PCO, you're in a Tech Meeting with the KTR. The PO is also there. The PO asks the
KTR for an additional verbal exchange line. You stay Silent. Sometime later, the KTR submits a
REA for the greater work, which they see as being out of doors the scope of the KT, What do
you've got and what action would you take? - ANS-Ratification
As yo may recognise, the DoD has currently been closely scrutinized concerning lots of its
determinations of truthful and affordable pricing. In you opinion, below what scenario is the Gov't
maximum possibly to obtain the pleasant pricing and recevie the least quantity of scrutiny? -
ANS-APC
, Contracting Officers need to gain items and offerings at fair and reasonable costs. To this quit,
there are those who believe that the Gov't have to obtain as tons information as possible. Do
you watched this is a great concept? Why or Why Not? - ANS-"15.403-4, reap statistics apart
from certified value or pricing records as necessary to set up a honest and affordable rate,
generally using the following order of desire in determining the sort of records required: at a
minimal, appropriate facts on the costs at which the identical or similar items were bought
formerly, good enough for evaluating the reasonableness of the charge. (2) Required via TINA.
Creates multiplied value and therefore CO must only require sufficient statistics to set up a
honest and reasonable fee
Describe the MJR milestones in the source choice process? - ANS-1. Develop Acq Strategy a.
Publicize Contract Action (FBO) b. Develop RFP (decide evaluation factors) c. Source Selection
Plan d. Solicitation Review Boards. 2. Evaluations Proposals a. Decide competitive range b.
Conduct written/oral exchanges with offerors c. Selecting the Source d. Awarding the
settlement.
I these days study a DoD IG finding that tested a case have been the PCO said in the PNM that
the price agreed to was now not truthful and reasonable, however because of an pressing want
the settlement changed into provided besides. The DoD IG commeded the activity for
acknowledging this. Would you award a settlement at a charge which you thought was
unreasonable? IF so why? If not why? - ANS-No; b/c the Gov't need to award a agreement that
establish excellent price utilising truthful and affordable fees.
Please describe to the panel the process for awarding A&E contracts to encompass the pricing
of those efforts? - ANS-FAR 36.6 A&E are taken into consideration aggressive awards. They are
ranked technically from pinnacle to bottom @ least 3; Sole source negotiations are held w/
every contractor beginning with the very best to the bottom.
Please give an explanation for what a Price Negotiation Memorandum (PNM) is and why it is
essential? - ANS-""Pricing" manner the technique of establishing a reasonable amount or
quantities to be paid for resources or services. FAR 15.406-three Documemting the Negotation.
The contracting officer shall file in the contract document the essential factors of the negotiated
settlement
Same scenario of excessive profile acquisition. The need date for contract award had handed,
however you're in a deadlock negotiation. After several counter-offers the contractor eventually
states that he will cut up the distinction. After anaylzing the offer you agree with this supplied
charge isn't affordable. What part of the FAR allows you to break up the distinction and award
the settlement? What do you do? - ANS-"Far 15.405 (d) If, however, the contractor insists on a
rate or demands a profit or rate that the contracting officer considers unreasonable, and the
contracting officer has taken all authorized actions (inclusive of determining the feasibility of
developing an opportunity supply) without achievement, the contracting officer shall refer the
settlement action to a stage above the contracting officer. Disposition of the movement should
be documented.
What are the 5 crucial decision factors that require a MIRT review - ANS-Draft ASP/AP; RFP;
Competitive Range; Final Proposal Revisions; SSDD Ref AFFARS 5301.9001 and AF MP
5301.9001
What is contingent liability? - ANS-Reserved finances to support (Award Fee, EPA, Incentivies,
REA/Claim).
A client involves you with an offer that does NOT include any Cost or Pricing statistics b/c the
contractor has claimed an exception based on APC. The buyer is aware of this system is a
sole-supply attempt and does no longer understand the standards for the exception based on
APC. Describe how you will explain to the client the 3 requirements underneath APC. -
ANS-"FAR 15.403-1 (i) Two or greater responsible offerors, competing independently, submit
priced offers that satisfy the Government's expressed requirement; (ii) There turned into an
inexpensive expectation, primarily based on marketplace studies or other evaluation, that or
greater responsible offerors, competing independently, would put up priced offers in response to
the solicitation's expressed requirement, even though only one provide is obtained from a
responsible offeror; (iii) Price evaluation absolutely demonstrates that the proposed charge is
reasonable in comparison with present day or recent fees for the equal or similar objects,
adjusted to mirror changes in marketplace situations, financial conditions, quantities, or terms
and situations below contracts that resulted from ok fee opposition.
A junior consumer offers you a contractor's notion that contains a CPAF contract and asks you
for help in operating the WGL to establish a Gov't goal. How do you reply? - ANS-"215.404-74
Fee requirements for price-plus-award-charge contracts.
AS a PCO you'll be required to trouble an Undefinitized Contract Action (UCA). Please explain
what two clauses you would want to ensure become within the settlement and why? -
ANS-Limitation of Liabiltiy (limits the Gov'ts liability to the funds that are to be had on a no
longer-to-exceed bases and a definitazation time table (to lay a precise schedule)
AS A PCO you can write contracts that use the clauses "Limitation of Funds, Limitation of Cost,
and Limitation of Liability". When is each clause suitable and what is the not unusual purpose of
all the clauses? - ANS-Incrementally funded CR, Fully Funded CR and UCA movement,
respectively. All clauses limit the Gov'ts legal responsibility to the quantity of funding this is on
the contract thereby complying with appropriation legal guidelines.
As a PCO, you've got incremntally funded CR agreement. The KTR tells you that price range
will expire in 90 days. The KTs PoP runs for a further 18 months. What alternatives do you have
as a PCO? What responsibilities does the contractor have? What advice might you deliver the
contractor and PO. - ANS-Fund the Contract. Request funds from the PO and fund the
settlement
As the PCO, you're in a Tech Meeting with the KTR. The PO is also there. The PO asks the
KTR for an additional verbal exchange line. You stay Silent. Sometime later, the KTR submits a
REA for the greater work, which they see as being out of doors the scope of the KT, What do
you've got and what action would you take? - ANS-Ratification
As yo may recognise, the DoD has currently been closely scrutinized concerning lots of its
determinations of truthful and affordable pricing. In you opinion, below what scenario is the Gov't
maximum possibly to obtain the pleasant pricing and recevie the least quantity of scrutiny? -
ANS-APC
, Contracting Officers need to gain items and offerings at fair and reasonable costs. To this quit,
there are those who believe that the Gov't have to obtain as tons information as possible. Do
you watched this is a great concept? Why or Why Not? - ANS-"15.403-4, reap statistics apart
from certified value or pricing records as necessary to set up a honest and affordable rate,
generally using the following order of desire in determining the sort of records required: at a
minimal, appropriate facts on the costs at which the identical or similar items were bought
formerly, good enough for evaluating the reasonableness of the charge. (2) Required via TINA.
Creates multiplied value and therefore CO must only require sufficient statistics to set up a
honest and reasonable fee
Describe the MJR milestones in the source choice process? - ANS-1. Develop Acq Strategy a.
Publicize Contract Action (FBO) b. Develop RFP (decide evaluation factors) c. Source Selection
Plan d. Solicitation Review Boards. 2. Evaluations Proposals a. Decide competitive range b.
Conduct written/oral exchanges with offerors c. Selecting the Source d. Awarding the
settlement.
I these days study a DoD IG finding that tested a case have been the PCO said in the PNM that
the price agreed to was now not truthful and reasonable, however because of an pressing want
the settlement changed into provided besides. The DoD IG commeded the activity for
acknowledging this. Would you award a settlement at a charge which you thought was
unreasonable? IF so why? If not why? - ANS-No; b/c the Gov't need to award a agreement that
establish excellent price utilising truthful and affordable fees.
Please describe to the panel the process for awarding A&E contracts to encompass the pricing
of those efforts? - ANS-FAR 36.6 A&E are taken into consideration aggressive awards. They are
ranked technically from pinnacle to bottom @ least 3; Sole source negotiations are held w/
every contractor beginning with the very best to the bottom.
Please give an explanation for what a Price Negotiation Memorandum (PNM) is and why it is
essential? - ANS-""Pricing" manner the technique of establishing a reasonable amount or
quantities to be paid for resources or services. FAR 15.406-three Documemting the Negotation.
The contracting officer shall file in the contract document the essential factors of the negotiated
settlement
Same scenario of excessive profile acquisition. The need date for contract award had handed,
however you're in a deadlock negotiation. After several counter-offers the contractor eventually
states that he will cut up the distinction. After anaylzing the offer you agree with this supplied
charge isn't affordable. What part of the FAR allows you to break up the distinction and award
the settlement? What do you do? - ANS-"Far 15.405 (d) If, however, the contractor insists on a
rate or demands a profit or rate that the contracting officer considers unreasonable, and the
contracting officer has taken all authorized actions (inclusive of determining the feasibility of
developing an opportunity supply) without achievement, the contracting officer shall refer the
settlement action to a stage above the contracting officer. Disposition of the movement should
be documented.
What are the 5 crucial decision factors that require a MIRT review - ANS-Draft ASP/AP; RFP;
Competitive Range; Final Proposal Revisions; SSDD Ref AFFARS 5301.9001 and AF MP
5301.9001
What is contingent liability? - ANS-Reserved finances to support (Award Fee, EPA, Incentivies,
REA/Claim).
