CON 2370 Simplified Acquisition Procedures: Exam Review Questions and Answers Latest Updated | 100% Correct

CON 2370 Simplified Acquisition Procedures: Exam Review Questions and Answers Latest Updated | 100% Correct. You have a requirement for administrative support with an estimated value of $1,500,000. Market research shows numerous potential offerors that are competitive in terms of market price quality, and delivery. That list of potential offerors includes 4 small businesses and 8 large businesses. - Answer The entire acquisition must be set aside exclusively for small business. T02.E01d You are the contracting officer for a construction requirement with and estimated value of $20,600. Access to the written solicitation will not be provided in the GPE, and none of the exceptions are FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action.? - Answer Notice of the solicitation, or copy of the solicitation, must be posted in a public place. T03.E01a You are the contracting officer for a noncommercial bilateral purchase order for supplies valued at $155,600. Which one of the following actions would be executed using a unilateral modification? - Answer Issuing a termination notice. T01.E01 Which of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? - Answer Purchases shall be made in the simplified manner that is most suable to the circumstances of the acquisition. (1 of 2 answers) T02.E01a You have a requirement for a noncommercial purchase with an estimated value of $225,000. Notice of the proposed contract action is required, and no exceptions apply. Which one of the following solicitation methods would be most appropriate? - Answer Electronic, Commerce T02.E05a Which one of the following is correct regarding documenting the award of a buy using SAP? - Answer Award documentation should be kept to a minimum. T02.E05c Which one of the following would result in the establishment of a contract? - Answer Supplier's written acceptance of an order. T02.E01c Which of the following statements about solicitations using SAP is correct? - Answer Buyers are encouraged to use best value. (1 of 3 known answers) To1.E03 Which one of the following mandator Government sources is the first priority for satisfying a requirement for supplies? - Answer Inventories of the requiring agency T02.E03b Which one of the following statements about the evaluation of quotations or offers using SAP is true? - Answer The contracting officer is required to consider all quotations or offers. T02.E06