CON 1400 TEST QUESTIONS WITH COMPLETE SOLUTIONS
Post-Award Orientation vc
1. Can be _____ or _____ depending on the nature of the contract and intended performance
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2. Has _____ universal format that must be followed
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3. Should be as simple and precise as possible
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4. Is key to achieve a clear and _____ of all contract requirements (ex. roles and suspense date)
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5. Is key to identifying and resolving potential problems. - ans-Simple
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complex
no
mutual understanding vc
What function CANNOT be delegated by the KO? - ans-Award, agree to, or execute a contract
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The KO cannot delegate the ability to obligate or de-obligate money
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According to FAR Part 42.302, which of the following functions does the Contracting Officer normally d
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elegate to the Contract Admin Office (CAO)? - ans-Contractor compensation
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Costs and payment vc vc
Government property and surveillance and status reporting vc vc vc vc vc vc
What is the contracting officer responsible for? - ans-
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Performing all inspections and test required by the contract except those specifically reserved for perfo
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rmance by the Government vc vc vc
Controlling the quality of supplies or services vc vc vc vc vc vc
What is the least preferred type of contracting? What is the most preferred? - ans-
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Advance Payments (Least preferred) vc vc vc
Performance-based Payments (PBP) (Most Preferred) vc vc vc vc
Payment is generally due within _____ days of invoice date or government acceptance and constructi
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on contracts within _____ days. Late payments accrue ______ due to the contractor. - ans-
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30 days, 14 days, interest
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The government has ____ days from receipt to notify the contractor if invoice is improper. This is also t
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he same number of days that the government has to inspect and accept items. - ans-7 Days
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Make sure we have the right amount of _______ to pay the contractor for the right purpose. - ans-
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money
A _________________ Plan will help you develop and organize the communications strategy you'll ne
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ed to keep your key stakeholders, customers, and acquisition team informed as you move thru the diff
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erent phases of the service acquisition process. - ans-Communication Plan
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, How do we determine goods and services conform to contract requirements? - ans-
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Within a reasonable period of time, the government reserves the right to inspect or test any supplies or
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services that have been sold, and upon satisfaction (they conform to the requirements of the contract)
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they will accept those items for payment
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Who has the responsibility for the acceptance of goods? - ans-The government.
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Governments policy of providing government property? - ans- vc vc vc vc vc vc vcvc
FAR 45.104 Responsibility and liability for Government property.
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(a) Generally, contractors are not held liable for loss of Government property under the following types
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of contracts:
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(1) Cost-reimbursement contracts.
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(2) Time-and-material contracts.
vc vc
(3) Labor-hour contracts.
vc vc
(4) Fixed-price contracts awarded on the basis of submission of certified cost or pricing data.
vc vc vc vc vc vc vc vc vc vc vc vc vc vc
(b) The contracting officer may revoke the Government's assumption of risk when the property adminis
vc vc vc vc vc vc vc vc vc vc vc vc vc vc
trator determines that the contractor's property management practices are noncompliant with contract
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requirements.
Risk triangle (Cost schedule performance) understand it: - ans-
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Cost Risk. Cost risk is an escalation of project costs.
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Schedule Risk. Schedule risk is the risk that activities will take longer than expected and is typically the
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result of poor planning.
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Performance Risk. Performance risk is the risk that the project will fail to produce results consistent wit
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h project specifications.
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Evaluate tools to adjust risk, Monte Carlo, ect ect and what they address. - ans-
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Sensitivity Analysis (scope risk) vc vc vc
Monte Carlo Simulation (Random Simulation for schedule or cost risk)
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Symmetric Approximation (cost risk analysis tool that is often used to compute the probability of cost o
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verruns and/or cost underruns given a point estimate)
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Who is responsible for executing tests and inspections required by the contract? - ans-
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The contractor is responsible for: Performing all inspections and test required by the contract except th
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ose specifically reserved for performance by the Government
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Nonconformance -minor, major what are the remedies of major and minor non conformances? - ans-- vc vc vc vc vc vc vc vc vc vc vc vc vc vcvc
Minor Non-conformance vc
-Accept the deliverable without consideration vc vc vc vc
-Accept the deliverable with consideration vc vc vc vc
-Major Non-conformance vc
-Reject and obtain a no-cost correction/replacement
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-Reject and send cure notice vc vc vc vc
Post-Award Orientation vc
1. Can be _____ or _____ depending on the nature of the contract and intended performance
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2. Has _____ universal format that must be followed
vc vc vc vc vc vc vc vc
3. Should be as simple and precise as possible
vc vc vc vc vc vc vc vc
4. Is key to achieve a clear and _____ of all contract requirements (ex. roles and suspense date)
vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc
5. Is key to identifying and resolving potential problems. - ans-Simple
vc vc vc vc vc vc vc vc vc vcvc
complex
no
mutual understanding vc
What function CANNOT be delegated by the KO? - ans-Award, agree to, or execute a contract
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The KO cannot delegate the ability to obligate or de-obligate money
vc vc vc vc vc vc vc vc vc vc
According to FAR Part 42.302, which of the following functions does the Contracting Officer normally d
vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc
elegate to the Contract Admin Office (CAO)? - ans-Contractor compensation
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Costs and payment vc vc
Government property and surveillance and status reporting vc vc vc vc vc vc
What is the contracting officer responsible for? - ans-
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Performing all inspections and test required by the contract except those specifically reserved for perfo
vc vc vc vc vc vc vc vc vc vc vc vc vc vc
rmance by the Government vc vc vc
Controlling the quality of supplies or services vc vc vc vc vc vc
What is the least preferred type of contracting? What is the most preferred? - ans-
vc vc vc vc vc vc vc vc vc vc vc vc vc vcvc
Advance Payments (Least preferred) vc vc vc
Performance-based Payments (PBP) (Most Preferred) vc vc vc vc
Payment is generally due within _____ days of invoice date or government acceptance and constructi
vc vc vc vc vc vc vc vc vc vc vc vc vc vc
on contracts within _____ days. Late payments accrue ______ due to the contractor. - ans-
vc vc vc vc vc vc vc vc vc vc vc vc vc vcvc
30 days, 14 days, interest
vc vc vc vc
The government has ____ days from receipt to notify the contractor if invoice is improper. This is also t
vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc
he same number of days that the government has to inspect and accept items. - ans-7 Days
vc vc vc vc vc vc vc vc vc vc vc vc vc vc vcvc vc
Make sure we have the right amount of _______ to pay the contractor for the right purpose. - ans-
vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc vcvc
money
A _________________ Plan will help you develop and organize the communications strategy you'll ne
vc vc vc vc vc vc vc vc vc vc vc vc vc
ed to keep your key stakeholders, customers, and acquisition team informed as you move thru the diff
vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc
erent phases of the service acquisition process. - ans-Communication Plan
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, How do we determine goods and services conform to contract requirements? - ans-
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Within a reasonable period of time, the government reserves the right to inspect or test any supplies or
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services that have been sold, and upon satisfaction (they conform to the requirements of the contract)
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they will accept those items for payment
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Who has the responsibility for the acceptance of goods? - ans-The government.
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Governments policy of providing government property? - ans- vc vc vc vc vc vc vcvc
FAR 45.104 Responsibility and liability for Government property.
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(a) Generally, contractors are not held liable for loss of Government property under the following types
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of contracts:
vc
(1) Cost-reimbursement contracts.
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(2) Time-and-material contracts.
vc vc
(3) Labor-hour contracts.
vc vc
(4) Fixed-price contracts awarded on the basis of submission of certified cost or pricing data.
vc vc vc vc vc vc vc vc vc vc vc vc vc vc
(b) The contracting officer may revoke the Government's assumption of risk when the property adminis
vc vc vc vc vc vc vc vc vc vc vc vc vc vc
trator determines that the contractor's property management practices are noncompliant with contract
vc vc vc vc vc vc vc vc vc vc vc vc
requirements.
Risk triangle (Cost schedule performance) understand it: - ans-
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Cost Risk. Cost risk is an escalation of project costs.
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Schedule Risk. Schedule risk is the risk that activities will take longer than expected and is typically the
vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc
result of poor planning.
vc vc vc vc
Performance Risk. Performance risk is the risk that the project will fail to produce results consistent wit
vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc
h project specifications.
vc vc
Evaluate tools to adjust risk, Monte Carlo, ect ect and what they address. - ans-
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Sensitivity Analysis (scope risk) vc vc vc
Monte Carlo Simulation (Random Simulation for schedule or cost risk)
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Symmetric Approximation (cost risk analysis tool that is often used to compute the probability of cost o
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verruns and/or cost underruns given a point estimate)
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Who is responsible for executing tests and inspections required by the contract? - ans-
vc vc vc vc vc vc vc vc vc vc vc vc vcvc
The contractor is responsible for: Performing all inspections and test required by the contract except th
vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc
ose specifically reserved for performance by the Government
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Nonconformance -minor, major what are the remedies of major and minor non conformances? - ans-- vc vc vc vc vc vc vc vc vc vc vc vc vc vcvc
Minor Non-conformance vc
-Accept the deliverable without consideration vc vc vc vc
-Accept the deliverable with consideration vc vc vc vc
-Major Non-conformance vc
-Reject and obtain a no-cost correction/replacement
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-Reject and send cure notice vc vc vc vc
