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CON 1400V - Final Exam Question and Answers. New 2025

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CON 1400V - Final Exam Question and Answers. New 2025CON 1400V - Final Exam Question and Answers. New 2025CON 1400V - Final Exam Question and Answers. New 2025

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Acquisition CON 1400V
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Acquisition CON 1400V









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Institution
Acquisition CON 1400V
Module
Acquisition CON 1400V

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Uploaded on
February 18, 2025
Number of pages
8
Written in
2024/2025
Type
Exam (elaborations)
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CON 1400V - Final Exam Question and
Answers. New 2025
Which of the following is a key element of a contract administration plan?

A listing of contract terms and conditions related to administration
Contractor performance milestones
Names, positions, authorities, and limitations of authority for contract administration
team members
All of the above - Correct answersAll of the above

The first task in the contract administration process is to:

Review the contract file to identify critical contract requirements and clauses
Debrief all offerors not selected for award
Develop a contract administration plan
Request that the contractor sign a release of claims - Correct answersReview the
contract file to identify critical contract requirements and clauses

Generally, government contracts do not hold contractors liable for loss of government
property if the property is provided under which contract?

Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold - Correct
answersCost-reimbursement contracts

True or false: It is the contracting officer's responsibility to identify and demand
payment of contractor debt.

True
False - Correct answersTrue

What part of the FAR identifies the required contract file documentation?

FAR 4.804
FAR 4.803
FAR Subpart 4.7
FAR Subpart 4.6 - Correct answersFAR 4.803

Before exercising an option, what must the contracting officer determine?

Funds are available

, The option was synopsized in accordance with FAR Part 5
The requirement covered by the option fulfills an existing government need
All of the above - Correct answersAll of the above

What process is described in the following statement?
Using the technical specifications, COR, or in plant QAS inspects to ensure
supplies/services meet contract requirements.

Government quality assurance
Contractor performance
Government Acceptance
Contractor invoice review - Correct answersGovernment quality assurance

Who are key stakeholders for a federal contract or program?

The program manager, the contracting officer, and the PCO
Only the contracting officer and contracting officer's representative
Only the procuring contracting officer (PCO) and the administrative contracting officer
(ACO)
None of the above - Correct answersThe program manager, the contracting officer, and
the PCO

True or False: Within the Contractor Performance Assessment Reporting System
(CPARS), the assessing official representative is responsible for initiating the report and
resolving non-concur.

True
False - Correct answersFalse

What is considered government-furnished property?

Intellectual property
Items considered incidental to the place of performance
Material, equipment, and special tooling
Software - Correct answersMaterial, equipment, and special tooling

Which statement is accurate regarding contractor submission of cost data?

It is required when modifying a contract or subcontract for commercial products or
commercial services
It is required when a waiver has been granted
It is required for changes within or out of scope during post-award
It is required if the contracting officer determines that prices agreed upon are based on
adequate price competition - Correct answersIt is required for changes within or out of
scope during post-award
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