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CON 2370 Simplified ACquiSitiON prOCedureS lAteSt 2026| 2027 eXAm WitH COrreCt ACtuAl queStiONS ANd COrreCtlY Well defiNed ANSWerS lAteSt AlreAdY GrAded A+

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This document is a comprehensive study and exam preparation resource for CON 2370 – Simplified Acquisition Procedures. It contains practice questions, guide answers, and detailed rationales designed to help acquisition professionals review federal procurement concepts and prepare for course assessments. The content typically covers the Federal Acquisition Regulation (FAR) requirements related to Simplified Acquisition Procedures (SAP), acquisition planning, market research, competition requirements, purchase thresholds, solicitation methods, quotations, contract award procedures, small business programs, commercial products and services, ethical procurement practices, contract administration, documentation, source selection considerations, risk management, and compliance with federal procurement regulations. Additional topics may include purchase card procedures, price reasonableness, socioeconomic programs, acquisition strategies, and best practices for efficient government purchasing. The material is organized in a question-and-answer format with explanatory rationales to reinforce acquisition principles, strengthen procurement decision-making skills, and support preparation for the CON 2370 assessment.

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CON 2370 Simplified ACquiSitiON prOCedureS lAteSt 2026| 2027
eXAm WitH COrreCt ACtuAl queStiONS ANd COrreCtlY Well
defiNed ANSWerS lAteSt AlreAdY GrAded A+




T01.E06


You have a requirement for water restoration services at your base in Louisiana. Three
services are of a type sold competitively in substantial quantities in the commercial
marketplace base on market prices. The estimated dollar value of the acquisition is
$1,250,000.



Which of the following is true? - ANSWer-the use of simplified acquisition procedures is
authorized.


T03.E03a


You are the contracting office for a firm-fixed-price purchase order for commercial
supplies with a value of $565,000. Two weeks after delivery and acceptance of the items,
the user complains that the goods are not functioning as expected. You Investigate and
determine that the items are not fully compliant with the specification in the contract.
who would bear the cost of correcting the nonconforming supplies that were accepted by
the Government? - ANSWer-The Contractor


T02.E05b


You just made a purchase for supplies in the amount of $22,300. You solicited quotations
orally from four local sources. Which of the following statements is correct regarding
providing notice to the unsuccessful suppliers? - ANSWer-Notice to the unsuccessful
suppliers will only be given if requested.


T02.E04

, You are the contracting officer for a requirement for commercial services with and
estimated value of $780,000. Four quotations were received in response to the
solicitation and market pricing is available. Which one of the following statements about
the price reasonableness determination is most appropriate? - ANSWer-Market research
must be conducted or obtained to support the fair and reasonable determination.


T03.E02


You are the contracting officer for a firm-fixed-priced services contract valued at
$105,975. Which one of the following statements about closeout is correct? - ANSWer-
The contract is considered closed once you've received evidence of receipt of service
and final payment.


T02.E03a


Which one of the following is NOT one of the first steps taken when questions are
received in response to a solicitation using SAP. - ANSWer-Reviewing the quotations for
responsibility
(1 of 3 known answers)


T01.E04




You have a requirement for administrative support with an estimated value of $1,500,000.
Market research shows numerous potential offerors that are competitive in terms of
market price quality, and delivery. That list of potential offerors includes 4 small
businesses and 8 large businesses. - ANSWer-The entire acquisition must be set aside
exclusively for small business.


T02.E01d


You are the contracting officer for a construction requirement with and estimated value
of $20,600. Access to the written solicitation will not be provided in the GPE, and none of
the exceptions are FAR 5.202 apply. Which one of the following correctly describes the

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