A contractor's failure to meet the subcontracting goals negotiated into the contract does
not, in and of itself, constitute a failure to make a good faith effort. - Correct Answer-
True
What is the policy of the United States regarding small business concerns, as stated
explicitly by the Small Business Act? - Correct Answer-Small business concerns shall
have the maximum practicable opportunity to participate in the performance of contracts
Which evaluation factor can be used to help evaluate the small business utilization of a
vendor when doing a source selection? - Correct Answer-Past performance
When should an organization's small business professional start to get involved in an
acquisition? - Correct Answer-As early as possible in the acquisition process when the
team is forming.
When the contractor submits his/her Subcontracting Plan on a contract with options, the
stated goals need only be submitted for the base year. - Correct Answer-False
Monetary incentives for subcontracting should be used to encourage contractors to
provide a unique outreach program to utilize targeted groups in non-traditional areas. -
Correct Answer-True
What is defined as, "the Contracting Officer shall set aside any acquisition over
$150,000 for small business participation with reasonable expectation that offers will be
received from at least two responsible small businesses and award will be made at fair
market prices"? - Correct Answer-Rule of Two
What are the phases of the SBIR/STTR programs? - Correct Answer-Project feasibility,
project development to prototype, commercialization
You are the contracting officer for a $5 million spare parts contract. The prime
contractor does not have an approved purchasing system. The prime contractor intends
to award a $1 million cost reimbursement subcontract. In this case, consent to
subcontract is required in advance of the subcontract award. - Correct Answer-True