CON 200 Business Decisions for Contracting exam with correct answers.

CON 200 Business Decisions for |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




Contracting exam with correct |||\\\ |||\\\ |||\\\ |||\\\




answers

Although undefinitized contract actions (UCAs) may be necessary to support urgent needs, |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




these actions are not a desirable form of contracting because the government bears the
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




majority of the cost and risk during the undefinitized period. - correct answersTrue
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




How does a cost-plus-incentive-fee (CPIF) contract differ from a fixed-price incentive firm (FPIF)
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




contract? - correct answersCPIF contracts do not have a ceiling price |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




Which of the following is a factor that must be considered when determining the depth and
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




breadth of acquisition planning that a requirement will demand? - correct answersUrgency of
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




need



A tsunami has slammed into Kunsan Air Base, causing extreme damage to the runway. After
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




preservation of life and limb, it is critical that Kunsan be able to resume its flying mission. You |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




have been tasked with getting this runway up and running as soon as possible. How can you
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




best accomplish this objective? - correct answersAward an undefinitized contract action in the
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




form of a letter contract |||\\\ |||\\\ |||\\\ |||\\\




All of the following factors must be considered when determining the depth and breadth of
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




acquisition planning required; the complexity of the requirement, acquisition history, dollar size |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




of the acquisition, and the urgency of the need. - correct answersTrue
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




On a Navy ship construction contract, 50 percent of the award fee money, or $28 million, was
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




based on management criteria that did not directly relate to shipbuilding requirements. What
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




does the use of such criteria represent? - correct answers-DoD's ability to structure the
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\

, contract in a way that effectively motivates contractors to improve performance and achieve
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




acquisition outcomes |||\\\




*-DoD's failure to structure the contract in a way that effectively motivates contractors to
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




improve performance and achieve acquisition outcomes |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




-DoD's practice of paying the contractor only when acquisition outcomes are achieved
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




-DoD's use of objective criteria to measure performance under an incentive contract.
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




One of the key characteristics that differentiates the various types of incentive contracts is
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




whether or not objective targets can be established for performance. Which incentive type
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




contract is most appropriate when objective targets for performance can be established? -
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




correct answers-Cost-plus-award-fee |||\\\ |||\\\




*-Cost-plus-incentive-fee

-Fixed-price award fee |||\\\ |||\\\




-Firm-fixed price |||\\\




You are planning a solicitation that offers a government property. Identify the item that you will
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




require a contractor to submit with his/her offer. - correct answers-The specific date during
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




which property will be used |||\\\ |||\\\ |||\\\ |||\\\




*-A description of the Property Management Plan
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




-A statement that property is furnished as is
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




-A Property Control System
|||\\\ |||\\\ |||\\\




You are working on an undefinitized contract action (UCA) for the purchase of cargo hooks for
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




the CH-47 Chinook helicopter. The not-to-exceed (NTE) price is $7,000,000. Can you obligate
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




the total amount at time of award? Why or why not? - correct answers-Yes, the regulations
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




allow you to obligate 100% of the NTE price prior to definitization
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




-No, the regulations only allow you to obligate up to 20% of the NTE price prior to definitization
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




-Yes, the regulations allow you to obligate 20 percent of the NTE price prior to definitization
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




*-No, the regulations only allow you to obligate up to 50 percent of the estimated definitized
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\




contract cost price prior to definitization |||\\\ |||\\\ |||\\\ |||\\\ |||\\\