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CON Exam 2 Questions and Answers

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CON Exam 2 Questions and Answers

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CON Exam 2




1. Multi-year contracting is a special contracting method. Special contracting methods are found in FAR
part ____. (exam)



16

17

12

13 - Answer-17



Which Indefinite delivery contract requires the customer to order and the seller to furnish a guaranteed
minimum? (exam)



Definite Quantity Contract



Requirements Contract



Indefinite Delivery/ Indefinite Quantity Contract



Basic Ordering Agreement - Answer-Indefinite Delivery/ Indefinite Quantity Contract

,A Synopsis should be posted on:



(exam)



CCR

ORCA

FedBizOps

CPARS - Answer-FedBizOps



Which of the following is the Government's preferred method of describing agencies requirements?
(exam)



Design specification

Statement of work

Performance work statement

All of the answers are wrong - Answer-Performance work statement



What type of data is not included in the synopsis? (exam)



Estimated quantity

Place of performance

Names of vendors bidding

Description of action - Answer-Names of vendors bidding

, Contracting Officers must establish a response time that will afford potential offerors a reasonable
opportunity to respond to each proposed contract action. The normal response time for Research and
Development actions that exceed the Simplified Acquisition Threshold is:



(exam)



15 days

30 days

45 days

60 days - Answer-45 days



Contract actions between $______ and $25,000 must be posted in a public display area for
advertisement. (synopsis in GPE)



(exam)



$10,000

$15,000

$20,000

None of the answers are right - Answer-$15,000



Which contract type provides for upward and downward revision of stated contract price upon the
occurrence of specified contingencies



Cost Plus-Incentive-Fee



Fixed Price With an Economic Price Adjustment

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