CON 290 Test 1 Week 1 Quiz ALL ANSWERS 100% CORRECT AID GRADE A+ 2021 LATEST

Recall the Nanotech proposal of record as follows: Material 559,200 Labor 565,760 → ODC 1,840,909 Misc ODC (3.9%) 71,795 Subtotal 3,037,664 G&A 73.5% 2,232,683 Subtotal Cost 5,270,347 Fee 20.0% 1,054,069 FCCOM 15,674 Total 6,340,090 Nanotech’s proposal included a 3.9% Miscellaneous ODC factor applied to all ODC costs. The PDI license fee of $1,000,000 was also included as an ODC. If the Government negotiates a license with PDI directly and provides the sensor technical data package as GFP to Nanotech, by how much would Nanotech's proposal decrease? (NOTE: Since you do not have the tools to recalculate FCCOM, keep FCCOM at $15,674 for your calculation.) Selected Answer: $1,039,000 Answers: $1,000,000 $1,039,000 $1,802,665 $2,163,198 Question 2 2 out of 2 points 8-3 Bob is the contracting officer on a production contract for the XB-8 missile program. The contractor did not request contract financing when the contract was awarded, but has since submitted a request to Bob to incorporate Progress Payments. How must Bob handle this request? Selected Answer: Financing may be incorporated into this existing contract if adequate new consideration is provided by the contractor. Answers: Financing may be incorporated into this existing contract if adequate new consideration is provided by the contractor. Financing shall be incorporated into this contract if the contractor can demonstrate financial hardship. Financing is not permitted if the contractor fails to identify the need in their original proposal. If any non-successful competing offerors included financing in their proposals, financing may not be incorporated into this existing contract. Question 3 0 out of 2 points 20-3 Andy, a contracting officer, is reviewing a Performance Based Payment (PBP) request from his contractor. The PBP event listed in the contract requires the contractor to complete the mock-up of a prototype unit for Government technical team review. The contractor has completed 99% of the mock-up, but ran into a delay with a 3rd tier subcontractor. The contractor informs Andy that the mock-up will be 99% complete at the time of the Government review. Based only on these facts, may Andy approve the PBP request at this time? Selected Answer: Yes, the Contracting Officer has the authority to make a judgment call on this matter and may approve the payment as he sees appropriate. Answers: No, unless the Government receives a benefit from partial accomplishment of the PBP event. No, the PBP event must be 100% complete before the payment may be approved. Yes, because delays due to sub-contractor performance is one of the reasons that the FAR allows payment for incomplete performance. Yes, the Contracting Officer has the authority to make a judgment call on this matter and may approve the payment as he sees appropriate. Question 4 2 out of 2 points 11-2 You are preparing to negotiate a contract with Cannaday Continental Corporation (3C) to produce a new sensor for the Protectorate program office. The sensor will include a battery pack developed by 3C entirely at 3C's expense. Under the “follow the funds” rule, to which of the following data rights licenses is the Federal Government entitled? Selected Answer: The Federal Government would obtain at least a Limited Rights license in this situation, but only if 3C agrees to sell the Government a license. Answers: The Contractor is required to grant the Federal Government a Limited Rights license in this situation. The Federal Government is entitled to a Government Purpose Rights license in this situation to ensure it has sufficient rights for any follow-on production contract. The Federal Government would obtain at least a Limited Rights license in this situation, but only if 3C agrees to sell the Government a license. The Government would not obtain a license in this situation because to do so would be an improper abuse of power. Question 5 2 out of 2 points 7-4 Frank, a contracting officer, is drafting an acquisition plan for the development of a sensor that can detect launch signatures from surface-to-air missile (SAM) systems. The required level of effort is unknown as this type of sensor has not been developed in the past. Costs are highly speculative as this is pushing current technology into unknown areas. He must select an appropriate contract type for this acquisition. Which of the following contract types would be most appropriate for this procurement? Selected Answer: CPFF Answers: CPFF T&M Question 6 0 out of 2 points 12-4 You are evaluating a contractor’s proposed overhead rates. You have analyzed the pool and base for each rate and must now calculate the overhead rates for your pre-negotiation objective. What formula will you use? Selected Answer: The overhead expense pool divided by your pre-negotiation objective’s allocation base Answers: The overhead expense pool divided by your pre-negotiation objective’s allocation base The calculated rate divided by your pre-negotiation objective’s allocation base The company-wide allocation base divided by the overhead expense pool The overhead expense pool divided by the company-wide allocation base Question 7 2 out of 2 points 12-7 Given the criteria in the DFARS and the Nanotech R&D Case, when using the weighted guidelines (WGL) to develop your profit/fee objective, which of the following is best justified? Selected Answer: The technology incentive Answers: The technology incentive A contract type risk factor of 4.0% The working capital adjustment The cost efficiency factor Question 8 0 out of 2 points 7-3 You are negotiating a Firm-Fixed-Price (FFP) contract and would like to add a schedule incentive to incentivize early delivery. May such an incentive be added to a FFP contract? Selected Answer: Yes, but only if the incentive is also expected to result in reducedcost Answers: No, unless the contract type is changed to an incentive type contract, such as FPIF Yes, but only if the incentive is also expected to result in reduced cost No, additional incentives cannot be added to a FFP contract Yes, because the incentive is based on factors other than cost Question 9 2 out of 2 points 11-1 You are preparing to negotiate a contract with Kennedy Corporation to design a new sensor for the Protectorate program office as part of a subsystem for a major weapon system. The sensor design will include use of a necessary, proprietary battery pack developed by Kennedy. What DoD policy considerations apply to negotiating data rights for the battery pack? Selected Negotiate only the data rights necessary to satisfy agency needs. Answer: Answers: Negotiate only the data rights necessary to satisfy Federal Government needs. Negotiate a minimum of Government Purpose Rights to ensure the Government has sufficient rights to produce the sensors under any Government contract. Negotiate only the data rights necessary to satisfy agency needs. Require Kennedy, as a condition of contract award, to relinquish all data rights in the battery pack to the Government. Question 10 2 out of 2 points 3-3 You are preparing to issue a competitive RFP for a development contract. Your customer has heard that two large contractors plan to form a joint venture to respond to the solicitation. Due to past issues with a joint venture, he has directed you to exclude joint ventures from submitting proposals. Does the FAR allow you to exclude joint ventures? Selected No; FAR Part 6 does not provide any exclusion or exception that authorizes such action. Answer: Answers: Yes; the customer is authorized to direct restricted competition as long as it is in the Government’s best interest. No; FAR Part 6 does not provide any exclusion or exception that authorizes such action. No, unless excluding joint ventures would ensure lower prices. Yes, if your supervisor, the Small Business Administration, and the designated competition advocate approve the action.