CON 3900 Quizes comprehensive Questions and
Answers with 100% Correct Answers | Latest Version
Question 1.
What type of contract shall not be used in Government contracting?
Correct Answer: Cost-plus-a-percentage-of-cost Contract
Question 2.
What types of contracts can be awarded when acquiring commercial items of supply?
Correct Answer: Firm-fixed-price contracts or fixed-price contracts with economic
price adjustment
Question 3.
Which form is used by DoD to apply a structured profit/fee?
Correct Answer: DD Form 1547, Weighted Guidelines Method
Question 4.
What is a Procurement Instrument Identifier (PIID)?
Correct Answer: A unique number identifying each solicitation, contract, agreement,
or order and related procurement instrument
Question 5.
When using invitations for bids (IFBs), what type(s) of contracts can be awarded?
Correct Answer: Firm-fixed-price contracts or fixed-price contracts with economic
price adjustment
Question 6.
Time-and-materials (T&M) contract can be used:
Correct Answer: Only when it is not possible at the time of placing the contract to
estimate accurately the extent or duration of the work or to anticipate costs
Question 7.
Communications, discussions, and clarifications are:
Correct Answer: Terms that address specific types of exchanges with offerors after
receipt of proposals
, Question 8.
What are life-cycle costs?
Correct Answer: The total cost to the Government of acquiring, operating, supporting,
and (if applicable) disposing of the items being acquired
Question 9.
What is an exception to obtaining certified cost or pricing data?
Correct Answer: Adequate price competition
Question 10.
The two broad categories of government contract types are:
Correct Answer: Fixed-price contracts and cost-reimbursement contracts
Question 11.
When using FAR part 12 procedures, the technical evaluation would normally include
examination of such things as product literature, product samples (if requested), technical
features, and:
Correct Answer: Warranty provisions
Question 12.
To the maximum extent practicable, acquisition officials shall state requirements of supplies
or services in terms of functions to be performed, performance required, or:
Correct Answer: Essential physical characteristics
Question 13.
Provisions and clauses should be incorporated by reference in solicitations and contracts:
Correct Answer: To the maximum practical extent, rather than being incorporated in
full text
Question 14.
The purpose of exchanging information with industry before receipt of proposals is to:
Correct Answer: Improve the understanding of Government re- quirements and
industry capabilities
Question 15.
What is the correct title of a solicitation for negotiated procedures?
Correct Answer: Request for Proposals
Answers with 100% Correct Answers | Latest Version
Question 1.
What type of contract shall not be used in Government contracting?
Correct Answer: Cost-plus-a-percentage-of-cost Contract
Question 2.
What types of contracts can be awarded when acquiring commercial items of supply?
Correct Answer: Firm-fixed-price contracts or fixed-price contracts with economic
price adjustment
Question 3.
Which form is used by DoD to apply a structured profit/fee?
Correct Answer: DD Form 1547, Weighted Guidelines Method
Question 4.
What is a Procurement Instrument Identifier (PIID)?
Correct Answer: A unique number identifying each solicitation, contract, agreement,
or order and related procurement instrument
Question 5.
When using invitations for bids (IFBs), what type(s) of contracts can be awarded?
Correct Answer: Firm-fixed-price contracts or fixed-price contracts with economic
price adjustment
Question 6.
Time-and-materials (T&M) contract can be used:
Correct Answer: Only when it is not possible at the time of placing the contract to
estimate accurately the extent or duration of the work or to anticipate costs
Question 7.
Communications, discussions, and clarifications are:
Correct Answer: Terms that address specific types of exchanges with offerors after
receipt of proposals
, Question 8.
What are life-cycle costs?
Correct Answer: The total cost to the Government of acquiring, operating, supporting,
and (if applicable) disposing of the items being acquired
Question 9.
What is an exception to obtaining certified cost or pricing data?
Correct Answer: Adequate price competition
Question 10.
The two broad categories of government contract types are:
Correct Answer: Fixed-price contracts and cost-reimbursement contracts
Question 11.
When using FAR part 12 procedures, the technical evaluation would normally include
examination of such things as product literature, product samples (if requested), technical
features, and:
Correct Answer: Warranty provisions
Question 12.
To the maximum extent practicable, acquisition officials shall state requirements of supplies
or services in terms of functions to be performed, performance required, or:
Correct Answer: Essential physical characteristics
Question 13.
Provisions and clauses should be incorporated by reference in solicitations and contracts:
Correct Answer: To the maximum practical extent, rather than being incorporated in
full text
Question 14.
The purpose of exchanging information with industry before receipt of proposals is to:
Correct Answer: Improve the understanding of Government re- quirements and
industry capabilities
Question 15.
What is the correct title of a solicitation for negotiated procedures?
Correct Answer: Request for Proposals
