CLC 059 Subcontracting Questions & Answers Already Passed!!

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... A $10 million contract for technical support services was awarded to BOOTS, Inc... Select two that apply. - Answer-Notify BOOTS of the initial findings..., If the final determination is that significant deficiencies exist in two of BOOTS... 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. A $20 million cost-plus-fixed-fee contract has been awarded to DEZ... What will you tell her? - AnswerYes, because the subcontract with EDI Engineering, LLC, is for $4 million, it is above the threshold for... A $30 million contract was awarded to ZED, Inc., to TSS... What will you tell her? - AnswerA $30 million contract was awarded to ZED, Inc., to TSS... What would you do? (Select three alternatives that apply) - AnswerA $30 million contract was awarded to ZED, Inc., to TSS... What would you do? (Select two that apply) - Answer-ZED will submit individual subcontract reports in the ESRS, the PCO is responsible for reviewing and accepting or rejecting ZED's indiv. subcontracting reports A $5 million contract for office supplies has been set aside for WOSB. Which of the following are subcontracts that comply with the limitations on subcontracting for small businesses? (Select two that apply) - Answer-$3 million first-tier subcontract with a WOSB..., $2 million subcontract with another that small business...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? - AnswerConduct a post-award orientation conference where the government will review with... 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 12-month, $10 million contract was awarded to a prime contractor... which of the following statements are accurate? (Select three that apply) - Answer-The government can assess the prime contractor a max of $400,000..., in the small business subcontracting section of CPARS..., The narrative the PCO enters... A contract has been awarded to Triple Z, Inc...Which of the roles listed below will you include on the list of invites? (Select three that apply) - Answer-DCMA GPA, SBP, PC and any subcontractors the PC opts to invite A prime contractor included in its ISP the goal to subcontract $350,000 to HUBZone... how will you monitor the prime contractors compliance...requirements? (Select two that apply) - AnswerBOOTS, 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. If, during pre-award, the PCO entered three subcontracts in paragraph (j) of FAR 52.244-2, Subcontracts, what impact will that have on the contract, post-award? - Answer-The prime contract will not have to obtain consent to subcontract with the three subcontractors included in paragraph... 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 repaidThe DCAA completed its review of a prime contractors estimating system... how many significant deficiencies were included in the findings? - Answer-3