CON 3990V Final Exam | Explore 200 All Possible Questions
and Answers | 2025-2026 Update | 100% Correct-DAU.
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CON 3990 Exam
200 Correct terms
Questions and answers
progresses from vague to well-
risks.
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regaurding geasibility cost/time
decreases
by maintaining a constant level of risk by avoiding any changes to the
throughout the project. project requirements.
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2 of 200
Term
What are some benefits to market reearch?
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market prices at risk are serverable and significant
risk is beyond contractors control industry wide
dollar at risk outweigh administrative burden of FPEPA
market conditions projected to be unstable
item is reasonably fit for the ordinary purposes for which such items are used. must
be of at least average, fair, or medium grade quality, and must be comparible to
those that will pass without objection in the market for items of the same
description
time needed to discover defects
time required for admin steps and reporting of defects to KTR
time required to discover and report defective replacements
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understanding (alternative) solutions available in marketplace
insight into price expectations
better able to describe/ communicate gov needs to industry
provide more competition
understand common industry practices, terms and conditions
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3 of 200
Term
Who is responsible for quality?
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risk management quality of contract performance
the gov and the contractor the seller, contractor
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4 of 200
Term
What is the Simplified Acquisition Threshold for commercial products
and services? What is it for non-commercial?
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$7.5M - commercial $250k for $10m - commercial $500k for non-
non-commercial commercial
$1m - commercial $100k for non- $2m - commercial $50k for non-
commercial commercial
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5 of 200
Term
Who is on the acquisition team?
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only member who can obligate the government
appoint cor if applicable