Questions 100% Accurate Answers
What is a purchase order, task order, or other contract between a prime contractor and
another business to support the prime contract and to which the government has no
contractual relationship, i.e., no privity? - ANSWER-Subcontract
Which of the following are key, recommended resources for subcontracting compliance
management? (Select three that apply) - ANSWER-DFARS, SBA, DCMA
Which of the following are key, recommended resources for subcontracting compliance
management? (Select two that apply) - ANSWER-OSBP, SBA
Which of the following are pre-award considerations that impact post-award
subcontracting compliance management? (Select three that apply) - ANSWER-Will
advance notification and consent to subcontract be required? Will the contract include
government property? Will the contract be set aside for one of the small business
socioeconomic categories?
A $2 million contract for general construction has been set aside for HUBZone small
businesses. Which of the following are subcontracts that comply with the limitations on
subcontracting for small businesses? (Select three that apply) - ANSWER-$1.6 million
subcontract with another OTSB, assuming no other subcontracts will be awarded. $1.5
million subcontract with a WOSB, assuming no other subcontracts will be awarded. $1
million first-tier subcontract with a HUBZone small business, assuming no other
subcontracts will be awarded.
Which of the following contracts is required to submit a small business subcontracting
plan? Each contract has subcontracting possibilities. - ANSWER-$1 million services
contract awarded to another than small business.
Which of the following statements is accurate? - ANSWER-Other than small businesses
must comply with small business participation requirements.
, Which is an accurate statement about the DoD Mentor-Protégé Program? - ANSWER-
The desired outcome of the program is for the protégé to realize greater opportunities...
On a contract that includes certified cost or pricing data, a DCAA audit confirm that one
of the subcontractor submitted... ($2 million) What recourse does the government have?
- ANSWER-Change the prime contract to $4 million, plus interest, compounded daily,
until the overpayment is repaid
A $70 million contract has been awarded by the U.S. Navy to DIVE, Inc., to retrofit a...
Which of the following are the prime contractors responsibilities related to mandatory
flow-down clauses? (Select three that apply) - ANSWER-The prime contractor needs to
monitor each subcontractor and make sure it is complying with the mandatory flow-
down clauses. The prime contractor needs to make sure each subcontractor
understands what it must do to comply with the flow-down. The prime contractor needs
to include in its subcontracts all the applicable mandatory flow-down clauses.
A $70 million contract has been awarded by the U.S. Navy to DIVE, Inc., to retrofit a...
Which of the following are the prime contractors responsibilities related to mandatory
flow-down clauses? - ANSWER-Conduct a post-award orientation conference where the
government will review with...
BOOTS, Inc., recently completed work on a 1-year, $10 million contract for TSS...
Which of the following statements do you agree with? (Select two that apply) -
ANSWER-BOOTS made a good faith effort to achieve its SDB goal. BOOTS should not
be assessed liquidated damages related to its SDB goal.
A $30 million contract was awarded to ZED, Inc., to TSS... What will you tell her? -
ANSWER-
A $30 million contract was awarded to ZED, Inc., to TSS... What would you do? (Select
three alternatives that apply) - ANSWER-
A $1.7 million modification is being negotiated to a $30 million contract... the
modification is expected to result in a $3.7 million increase in costs and a $2 million
decrease... Will certified cost or pricing data be required for this modification? Why or
why not? - ANSWER-Yes, because of the sum total associated changes...