CON 3900 CONTRACTING FINAL EXAM | ACCURATE
CURRENTLY TESTING VERSIONS WITH 150
QUESTIONS WITH DETAILED ANSWERS/ CON
3900V PRACTICE EXAM AND A COMPREHENSIVE
EXAM PREP STUDY GUIDE | ACCURATE FOR
GUARANTEED PASS
TABLE OF CONTENTS
CON 3900 - DAWIA Cert Exam Prep - Week 1 …………………………………… 2
CON 3900 Forms ……………………………………………………………………………… 25
CON 3900 …………………………………………………………….………………………….. 27
CON 3900V Practice Exam ………………………………………………………………… 51
CON 3900 Exam Study Guide Overview …………………………………………….. 117
Pg. 1
,CON 3900 - DAWIA Cert Exam Prep - Week 1 Flashcards
What is market research? - CORRECT ANSWER ✔✔- Collecting and analyzing
information about capabilities within the market to satisfy agency needs
When is market research required? - CORRECT ANSWER ✔✔- Market research is
required for all Federal Government contract requirements that exceed the
Simplified Acquisition Threshold (SAT).
What are the two types of market research? - CORRECT ANSWER ✔✔- 1) Strategic
market research
2) Tactical market research
Strategic market research
1) When is it done?
2) What is the objective? - CORRECT ANSWER ✔✔- 1) Continuously throughout
the acquisition process.
2) To stay informed about overall market developments, trends and capabilities.
Ex: attending a trade show for a specific industry
Tactical market research
1) When is it done?
2) What is the objective? - CORRECT ANSWER ✔✔- 1) It is done at specific points
throughout the acquisition process.
Pg. 2
,2) It is done to provide a deeper understanding of the market and answer specific
questions about the capabilities, products or services available in the market.
What are the benefits of market research? - CORRECT ANSWER ✔✔- -Understand
alternative solutions available in the marketplace.
-Gain insight into potential price expectations.
-Develop agency description that "speaks" to the industry.
-Provide a more competitive environment.
-Understand industry common practices, terms and conditions.
What does the Competition in Contracting Act of 1984? - CORRECT ANSWER ✔✔-
Under CICA, unless an exception applies or is otherwise authorized by statute,
KOs shall promote and provide for full and open competition in soliciting offers
and awarding Government contracts.
What competitive procedures are available for use in fulfilling the requirement for
full and open competition? - CORRECT ANSWER ✔✔- -Sealed bids
-Competitive proposals
-Combination of competitive procedures
Pg. 3
, -Other competitive procedures
What FAR subpart covers organizational conflicts of interest? - CORRECT ANSWER
✔✔- FAR subpart 9.5
What FAR subpart covers personal conflicts of interest? - CORRECT ANSWER ✔✔-
FAR subpart 3.11
How long is market research good for? - CORRECT ANSWER ✔✔- Current market
research is good for 18 months
What authority is delegable according to the FAR? - CORRECT ANSWER ✔✔- Each
authority is delegable unless specifically stated otherwise
FAR 1.108(b)
What is the definition of a contract? - CORRECT ANSWER ✔✔- A mutually binding
legal relationship between the seller and the buyer.
Seller agrees to furnish supplies/services and the buyer agrees to pay for them
What medium must a contract be written in? - CORRECT ANSWER ✔✔- Contract
must be in writing unless specifically stated otherwise.
Pg. 4
CURRENTLY TESTING VERSIONS WITH 150
QUESTIONS WITH DETAILED ANSWERS/ CON
3900V PRACTICE EXAM AND A COMPREHENSIVE
EXAM PREP STUDY GUIDE | ACCURATE FOR
GUARANTEED PASS
TABLE OF CONTENTS
CON 3900 - DAWIA Cert Exam Prep - Week 1 …………………………………… 2
CON 3900 Forms ……………………………………………………………………………… 25
CON 3900 …………………………………………………………….………………………….. 27
CON 3900V Practice Exam ………………………………………………………………… 51
CON 3900 Exam Study Guide Overview …………………………………………….. 117
Pg. 1
,CON 3900 - DAWIA Cert Exam Prep - Week 1 Flashcards
What is market research? - CORRECT ANSWER ✔✔- Collecting and analyzing
information about capabilities within the market to satisfy agency needs
When is market research required? - CORRECT ANSWER ✔✔- Market research is
required for all Federal Government contract requirements that exceed the
Simplified Acquisition Threshold (SAT).
What are the two types of market research? - CORRECT ANSWER ✔✔- 1) Strategic
market research
2) Tactical market research
Strategic market research
1) When is it done?
2) What is the objective? - CORRECT ANSWER ✔✔- 1) Continuously throughout
the acquisition process.
2) To stay informed about overall market developments, trends and capabilities.
Ex: attending a trade show for a specific industry
Tactical market research
1) When is it done?
2) What is the objective? - CORRECT ANSWER ✔✔- 1) It is done at specific points
throughout the acquisition process.
Pg. 2
,2) It is done to provide a deeper understanding of the market and answer specific
questions about the capabilities, products or services available in the market.
What are the benefits of market research? - CORRECT ANSWER ✔✔- -Understand
alternative solutions available in the marketplace.
-Gain insight into potential price expectations.
-Develop agency description that "speaks" to the industry.
-Provide a more competitive environment.
-Understand industry common practices, terms and conditions.
What does the Competition in Contracting Act of 1984? - CORRECT ANSWER ✔✔-
Under CICA, unless an exception applies or is otherwise authorized by statute,
KOs shall promote and provide for full and open competition in soliciting offers
and awarding Government contracts.
What competitive procedures are available for use in fulfilling the requirement for
full and open competition? - CORRECT ANSWER ✔✔- -Sealed bids
-Competitive proposals
-Combination of competitive procedures
Pg. 3
, -Other competitive procedures
What FAR subpart covers organizational conflicts of interest? - CORRECT ANSWER
✔✔- FAR subpart 9.5
What FAR subpart covers personal conflicts of interest? - CORRECT ANSWER ✔✔-
FAR subpart 3.11
How long is market research good for? - CORRECT ANSWER ✔✔- Current market
research is good for 18 months
What authority is delegable according to the FAR? - CORRECT ANSWER ✔✔- Each
authority is delegable unless specifically stated otherwise
FAR 1.108(b)
What is the definition of a contract? - CORRECT ANSWER ✔✔- A mutually binding
legal relationship between the seller and the buyer.
Seller agrees to furnish supplies/services and the buyer agrees to pay for them
What medium must a contract be written in? - CORRECT ANSWER ✔✔- Contract
must be in writing unless specifically stated otherwise.
Pg. 4
