CON 1400V - Final Exam Questions with Complete
Solutions | Latest Update 2026/2027 | Graded A+.
Which of the following is a key element of a contract administration plan?
A listing of contract terms and conditions related to administration
Contractor performance milestones
Names, positions, authorities, and limitations of authority for contract
administration team members
All of the above - ANSWER-All of the above
The first task in the contract administration process is to:
Review the contract file to identify critical contract requirements and clauses
Debrief all offerors not selected for award
Develop a contract administration plan
Request that the contractor sign a release of claims - ANSWER-Review the
contract file to identify critical contract requirements and clauses
Generally, government contracts do not hold contractors liable for loss of
government property if the property is provided under which contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold - ANSWER-
Cost-reimbursement contracts
True or false: It is the contracting officer's responsibility to identify and demand
payment of contractor debt.
True
False - ANSWER-True
, What part of the FAR identifies the required contract file documentation?
FAR 4.804
FAR 4.803
FAR Subpart 4.7
FAR Subpart 4.6 - ANSWER-FAR 4.803
Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the PCO
Only the contracting officer and contracting officer's representative
Only the procuring contracting officer (PCO) and the administrative contracting
officer (ACO)
None of the above - ANSWER-The program manager, the contracting officer, and
the PCO
True or False: Within the Contractor Performance Assessment Reporting System
(CPARS), the assessing official representative is responsible for initiating the
report and resolving non-concur.
True
False - ANSWER-False
What is considered government-furnished property?
Intellectual property
Items considered incidental to the place of performance
Material, equipment, and special tooling
Software - ANSWER-Material, equipment, and special tooling
Which statement is accurate regarding contractor submission of cost data?
It is required when modifying a contract or subcontract for commercial products
or commercial services
It is required when a waiver has been granted
Solutions | Latest Update 2026/2027 | Graded A+.
Which of the following is a key element of a contract administration plan?
A listing of contract terms and conditions related to administration
Contractor performance milestones
Names, positions, authorities, and limitations of authority for contract
administration team members
All of the above - ANSWER-All of the above
The first task in the contract administration process is to:
Review the contract file to identify critical contract requirements and clauses
Debrief all offerors not selected for award
Develop a contract administration plan
Request that the contractor sign a release of claims - ANSWER-Review the
contract file to identify critical contract requirements and clauses
Generally, government contracts do not hold contractors liable for loss of
government property if the property is provided under which contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold - ANSWER-
Cost-reimbursement contracts
True or false: It is the contracting officer's responsibility to identify and demand
payment of contractor debt.
True
False - ANSWER-True
, What part of the FAR identifies the required contract file documentation?
FAR 4.804
FAR 4.803
FAR Subpart 4.7
FAR Subpart 4.6 - ANSWER-FAR 4.803
Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the PCO
Only the contracting officer and contracting officer's representative
Only the procuring contracting officer (PCO) and the administrative contracting
officer (ACO)
None of the above - ANSWER-The program manager, the contracting officer, and
the PCO
True or False: Within the Contractor Performance Assessment Reporting System
(CPARS), the assessing official representative is responsible for initiating the
report and resolving non-concur.
True
False - ANSWER-False
What is considered government-furnished property?
Intellectual property
Items considered incidental to the place of performance
Material, equipment, and special tooling
Software - ANSWER-Material, equipment, and special tooling
Which statement is accurate regarding contractor submission of cost data?
It is required when modifying a contract or subcontract for commercial products
or commercial services
It is required when a waiver has been granted
