CON 3910 Comprehensive Questions and Answers

CON 3910 comprehensive Questions and Answers with
100% Correct Answers | Latest Version
Question 1.
Contract Lifecycle Phases:
Correct Answer: Pre-Award, Award, Post-Award

Question 2.
Buyer
Correct Answer: Government or Prime Contractor

Question 3.
Seller
Correct Answer: Contractor or Subcontractor

Question 4.
Requirement
Correct Answer: Product or service to be bought

Question 5.
Pre-Award
Correct Answer: - All work performed by buyer and seller in communicating buyer's
requirements and providing solution to those requirements. - Two primary activities:
Develop Solicitation and Develop Offer

Question 6.
Award
Correct Answer: - All work performed by buyer and seller that produces an awarded
contract. - One primary activity: Form Contract

Question 7.
Post-Award
Correct Answer: - All work performed by buyer and seller during contract
performance, to include changes to contract, contract close-out, and sometimes
termination of contract. - Sometimes called Contract Administration - Two primary
activities: Perform Contract and Close Contract

,Question 8.
Develop Solicitation
Correct Answer: Completed by Government or Contractor Focused on obtaining
Subcontractor Pre-Award Phase

Question 9.
Develop Offer
Correct Answer: Completed by Contractor or Subcontractor Pre-Award Phase

Question 10.
Form Contract
Correct Answer: Award Phase

Question 11.
Perform Contract and Close Contract
Correct Answer: Post-Award Phase

Question 12.
Acquisition
Correct Answer: Acquiring by contract with appropriated funds, supplies or services,
including construction, by and for the use of Government through purchase/lease.

Question 13.
Acquisition Team Members
Correct Answer: All participants in Government acquisition including representatives
of the technical, supply, and procurement communities, the customers they serve,
and the contractors who provide products and services.

Question 14.
KO's Role on Acquisition Team
Correct Answer: Has authority to maximum extent practicable and consistent with
law, to determine application of rules, regulations, and policies on a specific contract.

Question 15.
KO Appointments
Correct Answer: When selecting KO's, appointing officials are required to consider
complexity/dollar value of acquisitions to be assigned and candidate's experience,
training, education, business acumen, judgment, character, and reputation.

,Question 16.
Competency Model pushes DoD contracting leadership to focus on:
Correct Answer: Clear decision making and effective communication.

Question 17.
Personal bias influences decision making, this _____ in professional decision making.
Correct Answer: Must be minimized

Question 18.
Avoid personal bias by grounding decisions in FAR 1.102, which states the system will:
Correct Answer: - Satisfy customer in terms of cost, quality, and timeliness of
delivered product/service. - Minimize administrative operating costs. - Conduct
business with integrity, fairness, and openness. - Fulfill public policy objectives.

Question 19.
Personal Conflicts of Interest of Contractor Employees
Correct Answer: This happens when a contractor employee has interest that could
impair their ability to act impartially and in best interest of the Government when
performing under contract (FAR subpart 3.11).

Question 20.
Organizational and Consultant Conflicts of Interest
Correct Answer: This happens when a contractor is in a situation, which by way of
contract performance, gives them an unfair advantage or will bias their performance
in making recommendations to Government (FAR subpart 9.5).

Question 21.
Effective Communication
Correct Answer: - Minimizes the effect of personal biases - Maximizes the likelihood
of successful results - Facilitates communications among affected stakeholders.

Question 22.
Importance of Transparency
Correct Answer: Maintains integrity of procurement process.

Question 23.
Determination and Findings
Correct Answer: Written approval by authorized official, required by statute or
regulation, as a prerequisite to taking certain contract actions.

, Question 24.
Determination
Correct Answer: Conclusion or decision supported by the findings.

Question 25.
Findings
Correct Answer: Statements of fact or rationale to support determination.

Question 26.
SF 26
Correct Answer: Award Contract - Used to award negotiated contracts. - Signatures of
both parties is appropriate.

Question 27.
DD 1861
Correct Answer: Contract Facilities Capital Cost of Money - Estimates facilities capital
cost of money and capital employed. - Used in conjunction with CASB-CMF and cost
of money factors.

Question 28.
SF 30
Correct Answer: Amendment of Solicitations and Modification of Contracts Used to
amend solicitations or modify contracts.

Question 29.
SF 33
Correct Answer: Solicitation, Offer, and Award Used to award negotiated contracts or
contracts utilizing sealed bidding.

Question 30.
SF 44
Correct Answer: Purchase Order-Invoice-Voucher Used for simplified acquisitions at
or below micro-purchase threshold, except for purchases under unusual and
compelling urgency or in support of contingency operations.

Question 31.
SF 1409
Correct Answer: Abstract of Offers Prescribed for use in recording bids.