Exam Questions and CORRECT Answers
In what two families are contract types generally grouped? - CORRECT ANSWER - Fixed
Price and Cost Reimbursement
What is the official U.S. government website that contracting officers use to publicize
contracting opportunities? - CORRECT ANSWER - SAM.gov
When drafting the solicitation, this tool provides guidance on the use of all provisions and
clauses contained in the FAR, Defense Federal Acquisition Regulation Supplement (DFARS),
Department of Veterans Affairs Acquisition Regulation (VAAR), and Department of Energy
Acquisition Regulation (DEAR). It also includes guidance on the use of provisions and clauses
contained in DoD class deviations.
What is the tool? - CORRECT ANSWER - The Provision and Clause Matrix
Which best value source selection process allows the government to award to other than the
lowest priced offeror or other than the highest technically rated offeror?
a. Simplified acquisition
b. Tradeoff
c. Lowest price, technically acceptable
d. Other transactional authority - CORRECT ANSWER - b. Tradeoff
A solicitation is any request to submit offers or quotations to the government. What are
solicitations under sealed bid procedures called? What are solicitations under negotiated
procedures called? - CORRECT ANSWER - 1.Solicitations under sealed bid procedures are
called "invitation for bids."
2.Solicitations under negotiated procedures are called "requests for proposal."
When the government changes its requirements or terms or conditions, either before or after
receipt of proposals, the contracting officer shall amend the solicitation.