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FAR Part 15 Exam Prep 2026/2027 – CON 270 Practice Test

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Master FAR Part 15 for your 2026/2027 CON 270 exam. This comprehensive practice test covers price analysis, cost data, source selection, debriefings, and competitive negotiations. Includes 90 exam-style questions with detailed answers and FAR references.

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FAR Part 15 Contracting by Negotiation
Exam 2026/2027 – 90 Multiple-Choice
Questions with Answers & Explanations |
CON 270 Practice Test

Description:
Master FAR Part 15 for your 2026/2027 CON 270 exam. This comprehensive practice test
covers price analysis, cost data, source selection, debriefings, and competitive negotiations.
Includes 90 exam-style questions with detailed answers and FAR references.




Download the complete 2026/2027 study guide to pass your contracting certification on the first
attempt.

, FAR Part 15 Exam Prep 2026/2027 – CON 270 Practice Test
Academic Year: 2026/2027
Course Code: CON 270
Exam Type: Comprehensive Assessment
Instructions: Select the best answer for each multiple-choice question. Each question is worth
one point unless otherwise stated.


Section I: Exchanges, Communications, and Negotiations (FAR 15.1 – 15.3)

Question 1
According to FAR 15.201(a), exchanges of information among all interested parties are
encouraged during which period?
A. Only after the receipt of proposals
B. From the release of the synopsis through receipt of proposals
C. Exclusively during the post-award debriefing phase
D. Only when a sole-source acquisition is anticipated

Answer: B
Explanation: FAR 15.201(a) explicitly encourages information exchanges from the release of
the synopsis through the receipt of proposals to enhance understanding and competition.

Question 2
What is the primary purpose of a Request for Information (RFI) as used by the Government?
A. To formally request a binding offer for a specific requirement
B. To initiate the formal source selection process
C. To promote early exchanges of information and obtain market information for planning
purposes
D. To replace the need for a solicitation in complex acquisitions

Answer: C
Explanation: FAR 15.201(c) and (e) state that RFIs are used to promote early exchanges and
obtain price, delivery, and other market information for planning, not to solicit binding offers.

,Question 3
Which statement concerning responses to Requests for Information (RFIs) is accurate?
A. Responses are considered formal offers and may be accepted to form a contract.
B. The government is required to provide an award to the respondent with the lowest price.
C. Responses are not offers and may not be accepted by the government to form a binding
contract.
D. Responses to RFIs must include certified cost and pricing data.

Answer: C
Explanation: FAR 15.201(e) clearly states that RFI responses are not offers and cannot be
accepted by the government to form a binding contract.

Question 4
What is the term for a communication with an offeror for the sole purpose of eliminating minor
irregularities, informalities, or apparent clerical mistakes in a proposal?
A. Negotiation
B. Discussion
C. Clarification
D. Revision

Answer: C
Explanation: FAR 15.306(a)(1)-(2) defines a clarification as a limited exchange to address
minor issues when award without discussions is contemplated.

Question 5
When may clarifications occur between the government and an offeror?
A. Only after the competitive range has been established
B. Only during formal negotiations
C. When award without discussions is contemplated
D. Exclusively during post-award debriefings

, Answer: C
Explanation: FAR 15.306(a)(1) indicates that clarifications are limited exchanges that may
occur when the contracting officer contemplates award without discussions.

Question 6
What are negotiations, as defined in FAR Part 15?
A. One-way communications from the government to offerors
B. Exchanges between the government and offerors intended to allow the offeror to revise its
proposal
C. Formal hearings to dispute contract award decisions
D. Purely administrative reviews of proposal formatting

Answer: B
Explanation: FAR 15.306(d)(1) defines negotiations as exchanges, in competitive or sole-source
environments, undertaken with the intent of allowing the offeror to revise its proposal.

Question 7
What is the status of incorporating oral statements by reference into a contract?
A. Permitted if both parties agree
B. Permitted only for simplified acquisitions
C. Not permitted
D. Permitted only if recorded and certified

Answer: C
Explanation: FAR 15.102 prohibits incorporation by reference of oral statements to ensure
clarity and prevent disputes.

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