CON 3990V Certification Exam Questions and
Answers Latest Graded A+
What is the order for negotiations? (FAR Part 15)
Clarifications
Communications
Discussions
What are the elements of a Fixed-Price Incentive Firm Contract?
Target Cost
Target Profit
Ceiling Price
Profit Adjustment Formula
Section A (UCF)
Solicitation/Contract Form
Section B (UCF)
Supplies or Services and Prices/Costs
Section C
Description/Specifications/Statement of Work
Section D
Packaging and marking
Section E
Inspection and acceptance
Section F
Deliveries or Performance
Section G
Contract Administration Data
Section H
Special Contract Requirements
Section I
Contract Clauses
Section J
List of Attachments
Section K
Representations, certifications, and other statements of offerors or
respondents
Section L
Instructions, conditions, and notices to offerors or respondents
Section M
, Evaluation factors for award
The UCF need not be used for the following:
Construct and architect-engineer contracts
Letter requests for proposal
Contracting Officers ______ prepare solicitations/invitations for bids
using the Uniform Contract Form (UCF)
Shall
In the Uniform Contract Format (UCF), information on inspection is
found in
Section E
In the UCF, information regarding a company's size status is found in:
Section K
True or False: Supplementary PIIDs are used to identify amendments
and solicitations and mods to contracts.
True
True or False: upon award, contracting officers shall not physically
include Part IV in the resulting contract, but shall retain it in the
contract file.
True
FAR 2.101 defines a solicitation ______ as a term or condition used
only in solicitations and applying __________
Provision
Applying only before contract award
FAR Part 2.101 defines contract _______ or "clause" to mean a term
or condition used in contracts or in both solicitations and contracts,
and applying _________
Clause
Applying after contract award or in both before and after award
A change to a solicitation is called a what?
An amendment
True or False: Cost realism analysis may not be used on fixed-price
incentive contracts
False
Cost Realism analyses shall __________
be performed on cost-reimbursement contracts to determine the probable
cost of performance for each offeror.
Cost or pricing data are ________
Factual
Not judgmental
Verifiable
Answers Latest Graded A+
What is the order for negotiations? (FAR Part 15)
Clarifications
Communications
Discussions
What are the elements of a Fixed-Price Incentive Firm Contract?
Target Cost
Target Profit
Ceiling Price
Profit Adjustment Formula
Section A (UCF)
Solicitation/Contract Form
Section B (UCF)
Supplies or Services and Prices/Costs
Section C
Description/Specifications/Statement of Work
Section D
Packaging and marking
Section E
Inspection and acceptance
Section F
Deliveries or Performance
Section G
Contract Administration Data
Section H
Special Contract Requirements
Section I
Contract Clauses
Section J
List of Attachments
Section K
Representations, certifications, and other statements of offerors or
respondents
Section L
Instructions, conditions, and notices to offerors or respondents
Section M
, Evaluation factors for award
The UCF need not be used for the following:
Construct and architect-engineer contracts
Letter requests for proposal
Contracting Officers ______ prepare solicitations/invitations for bids
using the Uniform Contract Form (UCF)
Shall
In the Uniform Contract Format (UCF), information on inspection is
found in
Section E
In the UCF, information regarding a company's size status is found in:
Section K
True or False: Supplementary PIIDs are used to identify amendments
and solicitations and mods to contracts.
True
True or False: upon award, contracting officers shall not physically
include Part IV in the resulting contract, but shall retain it in the
contract file.
True
FAR 2.101 defines a solicitation ______ as a term or condition used
only in solicitations and applying __________
Provision
Applying only before contract award
FAR Part 2.101 defines contract _______ or "clause" to mean a term
or condition used in contracts or in both solicitations and contracts,
and applying _________
Clause
Applying after contract award or in both before and after award
A change to a solicitation is called a what?
An amendment
True or False: Cost realism analysis may not be used on fixed-price
incentive contracts
False
Cost Realism analyses shall __________
be performed on cost-reimbursement contracts to determine the probable
cost of performance for each offeror.
Cost or pricing data are ________
Factual
Not judgmental
Verifiable