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CON 2370 Simplified Acquisition Procedures Study Guide Questions And Answers Verified 100% Correct

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CON 2370 Simplified Acquisition Procedures Study Guide Questions And Answers Verified 100% Correct Award can be made to Tool Warehouse only if the price can be determined reasonable based on comparison to the IGE x Award can be made to Tool Warehouse if the price can be determined reasonable using any reasonable basis Award can only be made to Tool Warehouse after obtaining approval for the absence of competition You have a requirement for a noncommercial purchase with an estimated value of $225,000. Notice of the proposed contract action is required, and no exceptions apply Which one of the following solicitation methods would be most appropriate? - ANSWER -Electronic Commerce Not - Combined synopsis/solicitation. not written solicitation Not - Oral Solicitation Not - Written solicitation You are the contracting officer for a commercial product requirement with an estimated value of $415,000. Six quotations that meet the Government's requirement were received in response to the solicitation and there is no reason to believe the proposed prices are unreasonable. Which one of the following statements about the price reasonableness determination is most appropriate? - ANSWER -Not - There is no negotiations to conduct of obtain market research to support the determination of price reasonableness. Comparison of the quotations will likely meet the requirements to obtain market research in support of the fair and reasonable determination You are the contracting officer for a firm-fixed-price purchase order for commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the Government was submitted five days late. You investigate and verify that the report was submitted late. Which one of the following statements regarding the nonconforming performance is FALSE? - ANSWER - You are the contracting officer for a commercial services contract that contains options. You send the preliminary notice of your intent to extend the contract within the timeframe outlined in the options clause. Which one of the following statements is correct? - ANSWER -Not - The preliminary notice commits the Government to exercising the option. Not - You no longer have the right to exercise the option. Not - No further action is required to exercise the option. Not - The option must be exercised using a bilateral modification. You may exercise the option You may exercise the option using unilateral modification You have a requirement for a purchase with an estimated value of $8,700. Which one of the following describes the competition requirement for this acquisition? - ANSWER -Not - quotes must be solicited from all sources within the local trade area There is no requirements for competition if the price is considered reasonable You have a requirement for an individual purchase for supplies with an estimated value of $5,875. The supplies are not immediately available Which one of the following simplified acquisition methods would be the most appropriate to use? - ANSWER -Not - Purchase Order Not - SF 44 Not - Third Party Draft Government Commercial Purchase Card You have a requirement for a new contract for janitorial services at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations - ANSWER -PWS You have a requirement for administrative support with an estimated value of $1,500,000. Market research shows there are numerous potential offerors that are competitive in terms of market prices, quality, and delivery. The list of potential offerors includes 4 small businesses and 8 large businesses. Which one of the following statements is correct? - ANSWER -The entire acquisition must be competed between the small and large businesses Not - The entire acquisition must be set aside exclusively for small business. The entire acquisition may be set aside exclusively for small business

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CON 2370 Simplified Acquisition Procedures
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CON 2370 Simplified Acquisition Procedures

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CON 2370 Simplified Acquisition Procedures
Study Guide Questions And Answers Verified
100% Correct
Award can be made to Tool Warehouse only if the price can be determined
reasonable based on comparison to the IGE

x Award can be made to Tool Warehouse if the price can be determined reasonable
using any reasonable basis

Award can only be made to Tool Warehouse after obtaining approval for the
absence of competition

You have a requirement for a noncommercial purchase with an estimated value of
$225,000. Notice of the proposed contract action is required, and no exceptions
apply

Which one of the following solicitation methods would be most appropriate? -
ANSWER -Electronic Commerce

Not - Combined synopsis/solicitation. not written solicitation

Not - Oral Solicitation

Not - Written solicitation

You are the contracting officer for a commercial product requirement with an
estimated value of $415,000. Six quotations that meet the Government's
requirement were received in response to the solicitation and there is no reason to
believe the proposed prices are unreasonable.

Which one of the following statements about the price reasonableness
determination is most appropriate? - ANSWER -Not - There is no negotiations to

,conduct of obtain market research to support the determination of price
reasonableness.

Comparison of the quotations will likely meet the requirements to obtain market
research in support of the fair and reasonable determination

You are the contracting officer for a firm-fixed-price purchase order for
commercial services with a value of $1,425,000. Your customer has notified you
that one of the contractually required reports accepted by the Government was
submitted five days late. You investigate and verify that the report was submitted
late.

Which one of the following statements regarding the nonconforming performance
is FALSE? - ANSWER -

You are the contracting officer for a commercial services contract that contains
options. You send the preliminary notice of your intent to extend the contract
within the timeframe outlined in the options clause.

Which one of the following statements is correct? - ANSWER -Not - The
preliminary notice commits the Government to exercising the option.

Not - You no longer have the right to exercise the option.

Not - No further action is required to exercise the option.

Not - The option must be exercised using a bilateral modification.

You may exercise the option

You may exercise the option using unilateral modification

You have a requirement for a purchase with an estimated value of $8,700.

, Which one of the following describes the competition requirement for this
acquisition? - ANSWER -Not - quotes must be solicited from all sources within the
local trade area

There is no requirements for competition if the price is considered reasonable

You have a requirement for an individual purchase for supplies with an estimated
value of $5,875. The supplies are not immediately available

Which one of the following simplified acquisition methods would be the most
appropriate to use? - ANSWER -Not - Purchase Order

Not - SF 44

Not - Third Party Draft

Government Commercial Purchase Card

You have a requirement for a new contract for janitorial services at your military
installation. The Base Commander has expressed the need for clearly stated
performance objectives, as the current contractor performing the services is not
meeting the Commander's expectations - ANSWER -PWS

You have a requirement for administrative support with an estimated value of
$1,500,000. Market research shows there are numerous potential offerors that are
competitive in terms of market prices, quality, and delivery. The list of potential
offerors includes 4 small businesses and 8 large businesses.

Which one of the following statements is correct? - ANSWER -The entire
acquisition must be competed between the small and large businesses

Not - The entire acquisition must be set aside exclusively for small business.

The entire acquisition may be set aside exclusively for small business
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