It is the Government's pricing policy to purchase supplies and services at fair and reasonable
prices from:
Responsible sources
What are the two types of negotiated acquisitions?
Sole source and competitive
What is the objective of a source selection?
To select the proposal that represents the best value
Which contract type shifts cost risk from the Government to the contractor?
Fixed-price
Which of the following best describes the purpose of proposal analysis?
To ensure the price is fair and reasonable
Which type of solicitation may require the submission of certified cost or pricing data?
Request for quotations
A contracting officer has the broadest discretion in fashioning suitable evaluation procedures
when considering:
Quotations
Which acquisition situation would warrant an exception to the requirement for certified cost
or pricing data?
Commercial item acquisition
A proposal submission time and date of 2 p.m. on February 3, 2020, appeared on the cover
page of a Government solicitation. Based on the information provided at FAR 52.215-1,
Instructions to Offerors - Competitive Acquisitions, which of the following proposals is late?
The contractor provided its proposal at 2:15 p.m. on February 3, 2020.
When a contractor submits a Certificate of Current Cost or Pricing data, it is certifying that:
, The data submitted in support of a negotiations are current, accurate, and complete.
Which of the following are limited exchanges between the Government and offerors that may
occur when award without discussions is contemplated?
Clarifications
Negotiating positions should be developed through which of the following?
Price or cost analysis
Which of the following documents would the contracting officer use to document the
purpose, description, and outcome of negotiations?
Price Negotiation Memorandum
Where in the FAR is contracting by negotiation covered?
FAR part 15
During discussions, the contracting officer:
Should discuss aspects of an offeror's proposal if alterations or explanations would enhance
the proposal's potential for award
Prenegotiation objectives:
Establish the Government's initial negotiation position
The competitive range for competitive negotiations must be established:
Prior to entering into discussions
In the FAR, the term "discussions" is synonymous with which of the following?
Negotiations
In a competitive source selection, does the FAR require you to have the exact same
"discussions" with each offeror in the competitive range?
No, discussions are tailored to each offeror's proposal.
When holding discussions with offerors in a source selection, all the following must be
discussed EXCEPT:
Price