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CON 3990V QUESTIONS AND ANSWERS VERIFIED

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Fully prepare for the CON 3990V certification exam with this targeted review guide. This resource is designed to simulate the actual exam environment and content, featuring practice questions that cover the essential domains of government contracting and acquisition at the CON 3990V level. Topics include contract formation, administration, FAR compliance, negotiation strategies, cost principles, and ethical requirements. Each question is structured to test your application of knowledge and critical thinking, mirroring the format and rigor of the official exam. Use this guide to identify your strengths, focus your study on weak areas, and build the confidence needed to pass your certification on the first attempt. (Note: This is an independent study aid for preparation and is not an official exam key.)

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CON 3990V.
FAR Part 1 - CORRECT Federal Acquisition Regulation System

FAR Part 2 - CORRECT Definitions of Words and Terms

FAR Part 3 - CORRECT Improper Business Practices & Personal Conflicts of
Interest

FAR Part 4 - CORRECT Administrative Matters

FAR Part 5 - CORRECT Publicizing Contract Actions

FAR Part 6 - CORRECT Competitive Requirements

FAR Part 7 - CORRECT Acquisition Planning

FAR Part 8 - CORRECT Required Sources of Supplies and Service

FAR Part 10 - CORRECT Market Research

FAR Part 12 - CORRECT Acquisition of Commercial Items

FAR Part 13 - CORRECT Simplified Acquisition Procedures (SAP)

FAR Part 15 - CORRECT Contract by Negotiation

FAR Part 16 - CORRECT Types of Contracts

FAR Part 19 - CORRECT Small Business Programs

FAR Part 31 - CORRECT Contract Cost Principles & Procedures

FAR Part 33 - CORRECT Protests, Disputes, and Appeals

FAR Part 42 - CORRECT Contract Administration & Audit Services

FAR Part 44 - CORRECT Subcontracting Policies & Procedures

FAR Part 46 - CORRECT Quality Assurance

FAR Part 49 - CORRECT Termination of Contracts

FAR Part 50 - CORRECT Extraordinary contractual actions and safety act

FAR Part 51 - CORRECT Use of Government Sources by Contractors

,FAR Part 52 - CORRECT Solicitation Provisions and Contract Clauses

FAR Part 53 - CORRECT FORMS

Contracting Life Cycle Phases - CORRECT 1. Pre-Award
2. Award
3. Post Award

Communication and Decision Making Bias - CORRECT 1. Minimize influence
of Personal biases
2. Maximize the likelihood of a successful result.
3. Facilitate communication among affected parties.

Minimize the Effect of Personal Biases - CORRECT The contracting professional
should strive to minimize the influence of personal biases.

Maximize the likelihood of Successful Results - CORRECT 1. AR 1.102-4(e) states
that contracting officers "should take the lead in encouraging business process
innovations and ensuring that business decisions are sound."

Facilitate Communications Among Affected Parties - CORRECT 1. Effective
communication minimizes the effect of personal biases, maximizes the likelihood
of successful results, and facilitates communications among affected
stakeholders.

Cost, quality and timeliness of products and services - CORRECT 1. FAR 1.102-
2(a) tells contracting professionals that a guiding principle is to satisfy customers
in terms of cost, quality, and timeliness of the delivered product or service.

Contracting Officer Representative (COR) - CORRECT 1. FAR 1.602-2(d)(7) states
that contracting officers shall designate CORs in writing and furnish copies to the
contractor and the contract administration office

Standards of conduct - CORRECT 1. FAR 3.101-1 tells us Government business
shall be conducted in a manner above reproach and, except as authorized by
statute or regulation, with complete impartiality and with preferential treatment for
none.

Methods of disseminating information - CORRECT 1. For proposed contract
actions expected to exceed $25,000, by synopsizing in theGovernment-wide
Point of Entry (GPE).For proposed contract actions expected to exceed $15,000,
but not expected to exceed$25,000. by displaying in a public place.

Justification and Approval (J&A) - CORRECT 2.FAR 6.303-1(a) states a contracting
officer shall not commence negotiations for a sole source contract,commence

,negotiations for a contract resulting from an unsolicited proposal, or award any
othercontract without providing for full and open competition unless the
contracting officer-
I. Justifies, if required in FAR 6.302, the use of such actions in writing;
II. Certifies the accuracy and completeness of the justification;
III. (and) Obtains the approval required by FAR 6.304.

Post award orientation: - CORRECT 1. FAR 42.501(a) states a post award
orientation aids both Government and contractor personnel to (1) achieve a clear
and mutual understanding of all contract requirements, and (2) identify and
resolve potential problems. However, it is not a substitute for the contractor's fully
understanding the work requirements at the time offers are submitted, nor is it to
be used to alter the final agreement arrived at in any negotiations leading to
contract award.

Standards of Conduct: - CORRECT 1. (FAR 3.101-1). Transactions relating to the
expenditure of public funds require the highest degree of public trust and an
impeccable standard of conduct. The general rule is to avoid strictly any conflict
of interest, or even the appearance of a conflict of interest in government-
contractor relationships.

Solicitation and Acceptance of Gratuities by Government Personnel - CORRECT
The overarching rule on accepting gifts from contractor/employees is at (FAR
3.101-2). You may not solicit gifts from anyone, for any reason. This means for
yourself or for others. Federal employees are prohibited from soliciting or
accepting gifts.

Disclosures - CORRECT No person or other entity may disclose contractor bid or
proposal information or source selection information to any person other than a
person authorized, in accordance with applicable agency regulations or
procedures, by the agency head or the contracting officer.

Contracts with Government Employees: - CORRECT A contracting officer shall
not knowingly award a contract to a Government employee or to a business
concern or other organization owned or substantially owned or controlled by
one or more Government employees (FAR 3.601).

Personal Conflicts of interest: - CORRECT FAR part 3 covers polices and
procedures related to avoiding improper business practices and personal
conflicts of interest. A "personal conflict of interest" is a situation where an
individual is employed by a defense contractor company and is in a position to
materially influence DOD's recommendations and/or decisions and, because of
his/her personal activities, relationships, or financial interests, may lack or appear
to lack objectivity, or appear to be unduly influenced by personal financial
interest.

Organizational Conflicts of interest: - CORRECT An OCI is the existence of a set of

, circumstances in which a contractor may be unable to render impartial advice to
the government, or might have impaired objectivity in performing contracted work,
or may obtain an unfair competitive advantage in the marketplace when
competing for government work where that unfair advantage is obtained
performing a government contract.

There are three broad categories of Organizational Conflicts of interest OCI:
- CORRECT 1. Unequal Access
2. Impaired Objectivity
3. Biased Ground Rules

Three basic approaches available to contractors and the Agency for dealing with
OCI issues, as follows: - CORRECT 1. Avoid - Prevent the occurrence of an actual
or potential OCI through actions such as excluding sources from competition or
eliminating a segment of work from a contract or task.
2. Neutralize - Negate, through a specific action, potential or actual OCI related to
either a contractor's objectivity during contract performance, or unfair
competitive advantage. Specific actions could include encouraging and
facilitating support contractor recusal, excluding or severely limiting support
contractor participation in source selection activities, and/or otherwise barring
access to competition sensitive data.
3. Mitigate - Reduce or alleviate the impact of unavoidable OCIs to an
acceptable level of risk so that the government's interests with regard to fair
competition and contract performance are not prejudiced. This is facilitated in
developing an OCI mitigation plan (DFARS 209.571-4).

Contractor Code of Business Ethics and Conduct: - CORRECT 1. Per FAR 3.1002,
Government contractors must conduct themselves with the highest degree of
integrity and honesty. Contractors should have a written code of business ethics
and conduct.

Facilities and Capital Cost of Money Form - CORRECT DD1861

Weighted Guidelines Form - CORRECT DD FORM 1547

Abstract of Offers Form - CORRECT SF1409

On the spot/over the counter Form - CORRECT SF 44

Contract Security Specs Form - CORRECT DD254

Contract Modifications Form - CORRECT SF30

Construction Form - CORRECT SF 1442

Negotiated Contracts Form - CORRECT

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