Contract Specialist Prac ce Exam Ques ons CON 3990
Ques ons and answers Newest RATED A+ NEW!!
How o en are statutory acquisi on-related dollar thresholds in the FAR adjusted for infla on? -
Ans Every five years
A form of wri!en approval signed by an authorized official that is required by statute or
regula on as a prerequisite to taking certain contract ac ons is defined as a - Ans
Determina on and Findings
Contrac ng officers below the level of __________ shall be selected and appointed. - Ans a
head of a contrac ng ac vity
According to the FAR conven ons at Subpart 1.1, each authority is delagable unless - Ans
specifically stated otherwise
When an impera ve sentence directs ac on in the FAR, who is responsible for the ac on
unless another party is expressly cited?
a. the head of contrac ng ac vity
b. the Secretary of the Army
c. the contrac ng officer
d. the contrac ng specialist - Ans the contrac ng officer
Unauthorized commitments are agreements that are NOT binding solely because - Ans the
government representa ve who made the agreement lacked the authority to enter it
The simplified acquisi on threshold for any contract in support of con ngency opera ons to
be awarded and performed, or purchase to be made, outside the U.S. is - Ans $1.5 million
, Which of the following is a commercial item? - Ans A non-developmental item, if the
procuring agency determines the item was developed exclusively at private expense and sold in
substan al quan es, on a compe ve basis, to mul ple state and local governments.
Consolida ng two or more requirements for supplies or services, previously provided or
performed under separate smaller contracts into a solicita on for a single contract that is likely
to be unsuitable for award to a small business concern.
a. best value
b. performance-based acquisi on
c. bundling
d. non-developmental item - Ans bundling
Which of the following are included in the defini on of "contracts"?
a. Awards and no ces of awards and grants
b. Le!er contracts and coopera ve agreements
c. Le!er contracts and job orders
d. Blanket purchase agreements and imprest funds - Ans Le!er contracts and job orders
The government can minimize the opportunity for buying in by using - Ans mul year
contrac ng, priced op ons, and amor za on of nonrecurring costs.
A contractor's arrangements to pay con ngent fees for solici ng government contracts have
long been considered contrary to public policy because
a. they discourage compe on.
,b. they may lead to exercise of improper influence.
c. they result in excessive overhead costs.
d. accountability of costs is difficult to track. - Ans they may lead to exercise of improper
influence.
is any money, fee, commission, credit, gi , gratuity, thing of value, or compensa on of any kind
which is provided, directly or indirectly, to any prime contractor, prime contractor, employee,
subcontractor, or subcontractor employee for the purpose of improperly obtaining or rewarding
favorable treatment in connec on with a prime contractor in connec on with a subcontract
rela ng to a prime contract. - Ans kickback
A contract with a corpora on shall be signed - Ans in the corporate name, followed by the
word "by" and the signature and tle of the person authorized to sign.
Contractors must retain all records pertaining to a government contract for a minimum of
a. five years from the date of contract closeout, unless otherwise specified.
b. three years from the date of final payment, unless otherwise specified.
c. three years from the date of contract comple on, unless otherwise specified.
d. five years from the date of contract comple on, unless otherwise specified. - Ans three
years from the date of final payment, unless otherwise specified
Contractor representa ons and cer fica ons - Ans are submi!ed through the System for
Award Management
Agencies must implement OMB guidance for personal iden ty verifica on when - Ans
contractors have rou ne physical access to either a federally controlled facility or informa on
system.
, _____ is not prohibited under the Prohibi on on Contrac ng for Certain Telecommunica ons
and Video Surveillance - Ans Providing a service that connects to the facili es of a third-party,
such as backhaul, roaming, or interconnec on arrangements.
What is the dollar threshold for public announcement of contract awards? - Ans $4,500,000
Acceptable methods for dissemina ng informa on on proposed contract ac ons include - Ans
announcements in magazines at no cost, assis ng a local trade associa on in dissemina ng
informa on to their members, and synopsis in the government point of entry.
What is the minimum response me for receipt of bids or proposals for noncommercial item
solicita ons? - Ans 30 days from the date of publica on of a proper no ce of intent to contract
The contrac ng officer may use compe ve proposals in lieu of sealed bids if - Ans it is
necessary to conduct discussions
The contrac ng officer's cer fica on can serve as approval of the jus fica on for other than
full and open compe on for a proposed contract NOT exceeding - Ans $750,000
FAR Part 6, "Compe on Requirements," applies to which of the following?
a. A $1 million contract for services
b. a contract awarded using the simplified acquisi on procedures of Part 13
c. A contract modifica on for $1 million that is within the scope and under terms of an exis ng
contract
d. a $1 million task order place against a task order contract entered into pursuant to Subpart
16.5 - Ans A $1 million contract for services
Ques ons and answers Newest RATED A+ NEW!!
How o en are statutory acquisi on-related dollar thresholds in the FAR adjusted for infla on? -
Ans Every five years
A form of wri!en approval signed by an authorized official that is required by statute or
regula on as a prerequisite to taking certain contract ac ons is defined as a - Ans
Determina on and Findings
Contrac ng officers below the level of __________ shall be selected and appointed. - Ans a
head of a contrac ng ac vity
According to the FAR conven ons at Subpart 1.1, each authority is delagable unless - Ans
specifically stated otherwise
When an impera ve sentence directs ac on in the FAR, who is responsible for the ac on
unless another party is expressly cited?
a. the head of contrac ng ac vity
b. the Secretary of the Army
c. the contrac ng officer
d. the contrac ng specialist - Ans the contrac ng officer
Unauthorized commitments are agreements that are NOT binding solely because - Ans the
government representa ve who made the agreement lacked the authority to enter it
The simplified acquisi on threshold for any contract in support of con ngency opera ons to
be awarded and performed, or purchase to be made, outside the U.S. is - Ans $1.5 million
, Which of the following is a commercial item? - Ans A non-developmental item, if the
procuring agency determines the item was developed exclusively at private expense and sold in
substan al quan es, on a compe ve basis, to mul ple state and local governments.
Consolida ng two or more requirements for supplies or services, previously provided or
performed under separate smaller contracts into a solicita on for a single contract that is likely
to be unsuitable for award to a small business concern.
a. best value
b. performance-based acquisi on
c. bundling
d. non-developmental item - Ans bundling
Which of the following are included in the defini on of "contracts"?
a. Awards and no ces of awards and grants
b. Le!er contracts and coopera ve agreements
c. Le!er contracts and job orders
d. Blanket purchase agreements and imprest funds - Ans Le!er contracts and job orders
The government can minimize the opportunity for buying in by using - Ans mul year
contrac ng, priced op ons, and amor za on of nonrecurring costs.
A contractor's arrangements to pay con ngent fees for solici ng government contracts have
long been considered contrary to public policy because
a. they discourage compe on.
,b. they may lead to exercise of improper influence.
c. they result in excessive overhead costs.
d. accountability of costs is difficult to track. - Ans they may lead to exercise of improper
influence.
is any money, fee, commission, credit, gi , gratuity, thing of value, or compensa on of any kind
which is provided, directly or indirectly, to any prime contractor, prime contractor, employee,
subcontractor, or subcontractor employee for the purpose of improperly obtaining or rewarding
favorable treatment in connec on with a prime contractor in connec on with a subcontract
rela ng to a prime contract. - Ans kickback
A contract with a corpora on shall be signed - Ans in the corporate name, followed by the
word "by" and the signature and tle of the person authorized to sign.
Contractors must retain all records pertaining to a government contract for a minimum of
a. five years from the date of contract closeout, unless otherwise specified.
b. three years from the date of final payment, unless otherwise specified.
c. three years from the date of contract comple on, unless otherwise specified.
d. five years from the date of contract comple on, unless otherwise specified. - Ans three
years from the date of final payment, unless otherwise specified
Contractor representa ons and cer fica ons - Ans are submi!ed through the System for
Award Management
Agencies must implement OMB guidance for personal iden ty verifica on when - Ans
contractors have rou ne physical access to either a federally controlled facility or informa on
system.
, _____ is not prohibited under the Prohibi on on Contrac ng for Certain Telecommunica ons
and Video Surveillance - Ans Providing a service that connects to the facili es of a third-party,
such as backhaul, roaming, or interconnec on arrangements.
What is the dollar threshold for public announcement of contract awards? - Ans $4,500,000
Acceptable methods for dissemina ng informa on on proposed contract ac ons include - Ans
announcements in magazines at no cost, assis ng a local trade associa on in dissemina ng
informa on to their members, and synopsis in the government point of entry.
What is the minimum response me for receipt of bids or proposals for noncommercial item
solicita ons? - Ans 30 days from the date of publica on of a proper no ce of intent to contract
The contrac ng officer may use compe ve proposals in lieu of sealed bids if - Ans it is
necessary to conduct discussions
The contrac ng officer's cer fica on can serve as approval of the jus fica on for other than
full and open compe on for a proposed contract NOT exceeding - Ans $750,000
FAR Part 6, "Compe on Requirements," applies to which of the following?
a. A $1 million contract for services
b. a contract awarded using the simplified acquisi on procedures of Part 13
c. A contract modifica on for $1 million that is within the scope and under terms of an exis ng
contract
d. a $1 million task order place against a task order contract entered into pursuant to Subpart
16.5 - Ans A $1 million contract for services
