AATC CON 1200 EXAM 1 (1-3)
QUESTIONS WITH 100% VERIFIED
SOLUTIONS!!
1 of 84
Term
________ is a common and appropriate way to set up a delivery date
Give this one a try later!
After Completion of Project, ACP Before Start of Contract, BSC
After Date of Contract Award,
During Contract Execution, DCE
ADC
, Don't know?
2 of 84
Term
What are the methods of contract procurement?
Give this one a try later!
FAR Part 13 Simplified Acquisitions Procedure, RFQ, request for quote
FAR Part 14 Sealed Bidding IFB, invitation for bid
FAR Part 15 Negotiations RFP
As soon as the agency need is identified, preferably well in advance of the fiscal
year in which contract award or order placement is necessary
1. Lowest Price Technically Acceptable (LPTA) - Award is made to lowest
priced acceptable offeror & Gov has decided lowest price is the best value
2.Tradeoff - Award may be made to any acceptable offeror based on integrated
assessment of all evaluation factors in addition to cost/price
1. Full and open
2.Full and Open after exclusions
3. Not full and open
Don't know?
3 of 84
,Term
When would we lease instead of purchase property?
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Sealed bid contracts must be firm >$10K - $15K advertised locally;
fixed price; appropriate for $15K - $25K Public Display;
commercial items or Over $25K advertised on the
detailed specifications or Government-Wide Point of Entry
engineering drawings (GPE)
When the cost of the purchase
is significantly more than the minimize admin operating costs,
cost of the lease. Security business conduct with integrity,
issues trump cheaper lease or fairness and openness, fulfill public
purchase options policy objectives
Don't know?
4 of 84
Term
Define "Best Value"
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It is possible at the time of award to accurately estimate the extent or duration
of the work and anticipate future costs with a degree of confidence.
, FAR 6.304
1. KO, less than $750K
2. Advocate for competition of procuring activity, between $750K & $15M
3. Head of procuring activity, between $15M & $100M
4. Under SecDef for AL&T, over $100M
Any competitive negotiated acquisition having a basis for award stating that
factors in addition to cost/price will be considered in selecting the
successful offeror(s)
Most competitive negotiated acquisitions are awarded in this manner
FAR Part 11 "Describing Agencies Needs" requires in the following order:
1. Documents mandated for use by law
2.Performance-Oriented documents (PWS or SOO)
Don't know?
5 of 84
Term
FAR 11 mandates we need to do acquisition planning for ______ type of
acquisition
Give this one a try later!
All types Only major acquisitions
Limited categories Specific types
QUESTIONS WITH 100% VERIFIED
SOLUTIONS!!
1 of 84
Term
________ is a common and appropriate way to set up a delivery date
Give this one a try later!
After Completion of Project, ACP Before Start of Contract, BSC
After Date of Contract Award,
During Contract Execution, DCE
ADC
, Don't know?
2 of 84
Term
What are the methods of contract procurement?
Give this one a try later!
FAR Part 13 Simplified Acquisitions Procedure, RFQ, request for quote
FAR Part 14 Sealed Bidding IFB, invitation for bid
FAR Part 15 Negotiations RFP
As soon as the agency need is identified, preferably well in advance of the fiscal
year in which contract award or order placement is necessary
1. Lowest Price Technically Acceptable (LPTA) - Award is made to lowest
priced acceptable offeror & Gov has decided lowest price is the best value
2.Tradeoff - Award may be made to any acceptable offeror based on integrated
assessment of all evaluation factors in addition to cost/price
1. Full and open
2.Full and Open after exclusions
3. Not full and open
Don't know?
3 of 84
,Term
When would we lease instead of purchase property?
Give this one a try later!
Sealed bid contracts must be firm >$10K - $15K advertised locally;
fixed price; appropriate for $15K - $25K Public Display;
commercial items or Over $25K advertised on the
detailed specifications or Government-Wide Point of Entry
engineering drawings (GPE)
When the cost of the purchase
is significantly more than the minimize admin operating costs,
cost of the lease. Security business conduct with integrity,
issues trump cheaper lease or fairness and openness, fulfill public
purchase options policy objectives
Don't know?
4 of 84
Term
Define "Best Value"
Give this one a try later!
It is possible at the time of award to accurately estimate the extent or duration
of the work and anticipate future costs with a degree of confidence.
, FAR 6.304
1. KO, less than $750K
2. Advocate for competition of procuring activity, between $750K & $15M
3. Head of procuring activity, between $15M & $100M
4. Under SecDef for AL&T, over $100M
Any competitive negotiated acquisition having a basis for award stating that
factors in addition to cost/price will be considered in selecting the
successful offeror(s)
Most competitive negotiated acquisitions are awarded in this manner
FAR Part 11 "Describing Agencies Needs" requires in the following order:
1. Documents mandated for use by law
2.Performance-Oriented documents (PWS or SOO)
Don't know?
5 of 84
Term
FAR 11 mandates we need to do acquisition planning for ______ type of
acquisition
Give this one a try later!
All types Only major acquisitions
Limited categories Specific types
