CON 3990 ACTUAL FINALS QUESTIONS AND
ANSWERS SURE A+
✔✔What entities can disclosures be made to? (disclosing of fraud, waste, and abuse) -
✔✔member of congress
inspector general with oversight of contracts
GAO
DoD employee with oversight of contracts
court or grand jury
management official who has responsibility to investigate misconduct
✔✔What is a disclosure? - ✔✔when an employee initiates or provides evidence of
contractor misconduct in any judicial or administrative proceeding relating to waste,
fraud, or abuse on a DoD contract
✔✔All unclassified award data must be - ✔✔made accessible to the public via Federal
Procurement Data System (FPDS) if
above MPT or any mods which change previously reported contract data regardless of
dollar value
✔✔What are is the purpose of the Federal acquisition system? - ✔✔deliver on a timely
basis best-value product or service
maintaining the publics trust and fulfilling public policy objectives
✔✔What is a life-cycle cost? - ✔✔the total cost to the Government of acquiring,
operating, supporting, and (if applicable) disposing of the items being acquired.
✔✔When does the vast majority of life cycle costs occur? - ✔✔after initial procurement
✔✔What is Market research? - ✔✔collecting and analyzing information about
capabilities within the market to satisfy agency needs
, ✔✔What are the three aspects of the Gov's market research policy? - ✔✔identify
legitimate needs and evaluate trade offs
conduct market research continually and appropriate to circumstances
use results to determine capable sources, determine commercial availability, maximize
use of recovered materials, consolidation determination, bundling determination, small
business determination, assess availability of supplies or services
✔✔What are the roles of the KO on the acquisition team? - ✔✔only member who can
obligate the government
appoint COR if applicable
✔✔Who is on the acquisition team? - ✔✔technical, supply, and procurement
representatives
customers
contractors
✔✔What is a contract? - ✔✔a mutually binding legal relationship obligating the seller to
furnish the supplies or services and the buyer to pay for them
✔✔What qualify as contracts? - ✔✔all commitments which obligate Gov to expenditures
of appropriated funds which are in writing
bilateral instruments
awards
notices of awards
job order/task letter issued under BOA
letter contracts
orders (PO)
bilateral contract mods
✔✔What is not a contract? - ✔✔grant or cooperative agreement
✔✔Does Market research include determining product characteristics, the capabilities of
supplies, and the business practices that surround them? - ✔✔Yes
✔✔When is market research required? - ✔✔all gov contract requirements that exceed
the SAT and for certain requirements below the SAT
✔✔What is a nondevelopmental item? - ✔✔a previously developed item of supply used
exclusively for government purposes, which requires only minor modifications of a type
customarily available in the common marketplace in order to meet the need
✔✔The extent of market research varies based on what factors? (4) - ✔✔urgency,
estimated dollar value, complexity, and past performance
ANSWERS SURE A+
✔✔What entities can disclosures be made to? (disclosing of fraud, waste, and abuse) -
✔✔member of congress
inspector general with oversight of contracts
GAO
DoD employee with oversight of contracts
court or grand jury
management official who has responsibility to investigate misconduct
✔✔What is a disclosure? - ✔✔when an employee initiates or provides evidence of
contractor misconduct in any judicial or administrative proceeding relating to waste,
fraud, or abuse on a DoD contract
✔✔All unclassified award data must be - ✔✔made accessible to the public via Federal
Procurement Data System (FPDS) if
above MPT or any mods which change previously reported contract data regardless of
dollar value
✔✔What are is the purpose of the Federal acquisition system? - ✔✔deliver on a timely
basis best-value product or service
maintaining the publics trust and fulfilling public policy objectives
✔✔What is a life-cycle cost? - ✔✔the total cost to the Government of acquiring,
operating, supporting, and (if applicable) disposing of the items being acquired.
✔✔When does the vast majority of life cycle costs occur? - ✔✔after initial procurement
✔✔What is Market research? - ✔✔collecting and analyzing information about
capabilities within the market to satisfy agency needs
, ✔✔What are the three aspects of the Gov's market research policy? - ✔✔identify
legitimate needs and evaluate trade offs
conduct market research continually and appropriate to circumstances
use results to determine capable sources, determine commercial availability, maximize
use of recovered materials, consolidation determination, bundling determination, small
business determination, assess availability of supplies or services
✔✔What are the roles of the KO on the acquisition team? - ✔✔only member who can
obligate the government
appoint COR if applicable
✔✔Who is on the acquisition team? - ✔✔technical, supply, and procurement
representatives
customers
contractors
✔✔What is a contract? - ✔✔a mutually binding legal relationship obligating the seller to
furnish the supplies or services and the buyer to pay for them
✔✔What qualify as contracts? - ✔✔all commitments which obligate Gov to expenditures
of appropriated funds which are in writing
bilateral instruments
awards
notices of awards
job order/task letter issued under BOA
letter contracts
orders (PO)
bilateral contract mods
✔✔What is not a contract? - ✔✔grant or cooperative agreement
✔✔Does Market research include determining product characteristics, the capabilities of
supplies, and the business practices that surround them? - ✔✔Yes
✔✔When is market research required? - ✔✔all gov contract requirements that exceed
the SAT and for certain requirements below the SAT
✔✔What is a nondevelopmental item? - ✔✔a previously developed item of supply used
exclusively for government purposes, which requires only minor modifications of a type
customarily available in the common marketplace in order to meet the need
✔✔The extent of market research varies based on what factors? (4) - ✔✔urgency,
estimated dollar value, complexity, and past performance
