CON 3990 Contracting exam practice questions with correct answers

It is the Government's policy that before executing a contract, the contracting officer must? Obtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Government contracting? Purchase the requirement as a commercial item. Contracting officers shall provide property to contractors only when it is clearly demonstrated that? The overall benefit to the acquisition significantly outweighs the increased cost of administration. Acquisition planning should begin? As soon as the agency need is identified Which of the following is an exception to obtaining certified cost or pricing data? Adequate price competition The contracting officer shall take which of the following actions to encourage small business participation in acquisitions? Divide acquisitions into reasonably small lots to permit offers on quantities less than the total requirement. Government contract types are grouped into two broad categories: fixed-price contracts and? Cost-reimbursement contracts Incentive contracts are designed to obtain specific acquisition objectives by? Motivating contractor efforts that might not otherwise be emphasized Agencies shall conduct market research? Appropriate to the circumstances To the maximum extent practicable, acquisition officials shall state requirements of supplies or services in terms of functions to be performed, performance required, or? Essential physical characteristics 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? Warranty provisions Provisions and clauses should be incorporated by reference in solicitations and contracts? To the maximum practical extent, rather than being incorporated in full text Which offerors receive an amendment on a solicitation that has yet to close? All parties receiving the solicitation The purpose of exchanging information with industry before receipt of proposals is to? Improve the understanding of Government requirements and industry capabilities Which of the following is the correct title of a solicitation for negotiated procedures? Request for Proposals At what dollar value must a contracting officer synopsize a proposed contract action in the Governmentwide point of entry (GPE)? Expected to exceed $25,000 After release of the solicitation, who must be the focal point of any exchange with potential offerors? The contracting officer An overarching principle for responding to questions from all potential offerors is? Fairness