Exam 3 CLC Exam Questions With Accurate Answers

Discuss the Form Contract domain of the Award phase of the contract management life cycle. Discuss the processes involved in this domain. - ANSWER-This is mostly the domain of the buyer. It is the process of determining reasonable cost and pricing, conducting negotiations, selecting the source, and managing protests and appeals. It has a direct impact on the performance and results of the post-award processes. 1. Cost or price analysis - these two techniques are used to determine a fair and reasonable price. Price analysis evaluate prospective price using relevant comparative prices or historical precedents without evaluating separate cost elements. Cost analysis evaluates separate cost elements and profits or fees on a proposal to ensure cost realism. 2. Conduct negotiations - a communication process where two parties attempt to reach agreement. 3. Source selection - determining which company wins a contract; summarizes all activities in the evaluation process (simplified acquisition, sealed bidding, negotiated source selection, typical evaluation factors, proposal evaluation techniques, evaluation rating scales, contract award, and contract award practices unique to federal contracting) 4. Manage legal conformity - the process of resolving conflict between potential and actual contracted parties adds value to the award life cycle by providing the ability to resolve issues related to the solicitation or source selection process through informal and formal means. Discuss the source selection organizations for solicitations > $100M to include the roles and responsibilities of each major component. - ANSWER-SSA makes the decisions on the contract award. Depending on the dollar amount of the could contract, the SSA could be the PCO or could be SecDef SSEB/T opens up the proposals and evaluates them IAW evaluation criteria and section M. SSAC (source selection advisory council)/Panel Advisors - functional area experts. They provide advise to SSA. KO is the business advisor to the SSA. Legal counsel provides legal advice to the SSA. DFARS 215.300 - contracting officers shall follow the... What are some evaluation factors required by the FAR? - ANSWER-1. Price - mandatory evaluation factor (in sealed bidding it is the only factor) 2. The quality of the product or service shall be addressed in every source selection through consideration of one or more non-cost evaluation factors such as past performance, compliance with solicitation requirements, technical excellence, management capability, personnel qualifications, and prior experience. a. Technical - Relate to how well the offeror understand the requirement and how effective the offeror's proposed solution is in achieving the objectives of the acquisition. b. Past Performance - Information concerning how well an offeror has performed similar work or exhibited related skills and capabilities in the past When would cost/price play a more dominant role in source selection decisions? - ANSWER-For example, in acquisitions where the requirement is clearly definable and the risk of unsuccessful contract performance is minimal, cost or price may play a dominant role in source selection (LPTA). The less definitive the requirement, the more development work required, or the greater the performance risk, the more technical or past performance considerations may play a dominant ro