Contracting Exam #1-4 questions and
answers rated A+
1. Supplies and equipment
2. Services
3. Construction
4. Research and Development - correct answer ✔✔ The major categories of acquisition:
Constitution - correct answer ✔✔ What is the source of the Government's contracting powers?
1. Contract Planning (Working w/customer)
2. Contract Formation (Execution)
3. Contract Administration (Assessment) - correct answer ✔✔ The three major phases of
contracting:
1. Market research
2. Planning for Competition
3. Describing agency needs
(Market Research, Commercial Items, Describing Agency Needs, Competition, Contract Type,
Special Contracting Methods, Socioeconomic Programs, Special Terms & Conditions, Contractor
Qualifications, Financing) - correct answer ✔✔ What is conducted during Contract Planning?
1. Solicitation
2. Negotiation of contract terms
3. Prepare and award
,(Publicizing Contract Actions, Sealed Bidding, Contracting by Negotiation, Simplified Acquisition
Procedures, Contract Pricing, Emergency Acquisitions) - correct answer ✔✔ What is conducted
during Contract Formation?
All post award activities:
(Post-award Orientation, Contract Interpretation, Quality Assurance, Payment, Modifications,
Administration of Special Terms & Conditions, Government Property, Delays, Disputes and
Appeals, Terminations, Closeout) - correct answer ✔✔ What is conducted during Contract
Administration?
1. Procuring Contracting Officer (PCO) -
KO primarily engaged in awarding contracts
2. Administrative Contracting Officer (ACO) -
Primarily engaged in administering contracts (Post Award)
3. Termination Contracting Officer (TCO) -
Primarily engaged in Terminating Contracts1. - correct answer ✔✔ The types of KOs and their
duties:
authority - correct answer ✔✔ Contracting Officer is a person with the _____________ to enter
into, administer, and/or terminate contracts.
Legal rule providing that clauses required by regulation to be included in government contracts
will be read into a contract whether or not physically included in the contract, unless a property
deviation from the regulations has been obtained. - correct answer ✔✔ Christian Doctrine
1. Express
2. Implied
, 3. Apparent - correct answer ✔✔ Types of Contracting Authority:
Executive - correct answer ✔✔ What branch of government do we fall under?
Leadership
Member Competency
Skill mix
Shared vision
Collaboration
Empowerment
Technology Support
Collocation
Team Size - correct answer ✔✔ List some key success factors for effective team building?
- Able to do more together than alone
- Able to share resources
- Able to brainstorm ideas
- Innovation and creativity is enhanced
- Able to create extraordinary results
- Individuals bring their own expertise - correct answer ✔✔ What are some advantages of
teamwork?
- Takes more time
- Takes effort
- Takes patience
- Getting everyone together and listen to all ideas - correct answer ✔✔ What are some
disadvantages of teamwork?
answers rated A+
1. Supplies and equipment
2. Services
3. Construction
4. Research and Development - correct answer ✔✔ The major categories of acquisition:
Constitution - correct answer ✔✔ What is the source of the Government's contracting powers?
1. Contract Planning (Working w/customer)
2. Contract Formation (Execution)
3. Contract Administration (Assessment) - correct answer ✔✔ The three major phases of
contracting:
1. Market research
2. Planning for Competition
3. Describing agency needs
(Market Research, Commercial Items, Describing Agency Needs, Competition, Contract Type,
Special Contracting Methods, Socioeconomic Programs, Special Terms & Conditions, Contractor
Qualifications, Financing) - correct answer ✔✔ What is conducted during Contract Planning?
1. Solicitation
2. Negotiation of contract terms
3. Prepare and award
,(Publicizing Contract Actions, Sealed Bidding, Contracting by Negotiation, Simplified Acquisition
Procedures, Contract Pricing, Emergency Acquisitions) - correct answer ✔✔ What is conducted
during Contract Formation?
All post award activities:
(Post-award Orientation, Contract Interpretation, Quality Assurance, Payment, Modifications,
Administration of Special Terms & Conditions, Government Property, Delays, Disputes and
Appeals, Terminations, Closeout) - correct answer ✔✔ What is conducted during Contract
Administration?
1. Procuring Contracting Officer (PCO) -
KO primarily engaged in awarding contracts
2. Administrative Contracting Officer (ACO) -
Primarily engaged in administering contracts (Post Award)
3. Termination Contracting Officer (TCO) -
Primarily engaged in Terminating Contracts1. - correct answer ✔✔ The types of KOs and their
duties:
authority - correct answer ✔✔ Contracting Officer is a person with the _____________ to enter
into, administer, and/or terminate contracts.
Legal rule providing that clauses required by regulation to be included in government contracts
will be read into a contract whether or not physically included in the contract, unless a property
deviation from the regulations has been obtained. - correct answer ✔✔ Christian Doctrine
1. Express
2. Implied
, 3. Apparent - correct answer ✔✔ Types of Contracting Authority:
Executive - correct answer ✔✔ What branch of government do we fall under?
Leadership
Member Competency
Skill mix
Shared vision
Collaboration
Empowerment
Technology Support
Collocation
Team Size - correct answer ✔✔ List some key success factors for effective team building?
- Able to do more together than alone
- Able to share resources
- Able to brainstorm ideas
- Innovation and creativity is enhanced
- Able to create extraordinary results
- Individuals bring their own expertise - correct answer ✔✔ What are some advantages of
teamwork?
- Takes more time
- Takes effort
- Takes patience
- Getting everyone together and listen to all ideas - correct answer ✔✔ What are some
disadvantages of teamwork?
