CON 1100v- Questions & Answers
Indefinite Delivery Vehicles (IDV) Correct Ans-commonly referred to under umbrella term
Indefinite Delivery Indefinite Quantity (IDIQ)
Definite-Quantity Contracts Correct Ans-Delivery for a definite quantity of supplies/services
for a fixed-period, with deliveries scheduled at designated locations upon order
Requirements Contracts Correct Ans-Filling all purchase requirements of designated
government activities for supplies/services during a specified contract period, with deliveries to
be schedule by placing orders with contractor
Government-Wide Acquisition Contracts (GWAC) Correct Ans-multi-agency task/delivery
order contract, typically for information technology, established by one agency for government-
wide use under the authority of the Economy Act
Delivery Order Contract Correct Ans-contract for supplies that doesn't procure/specify firm
quantity and provides issuance of orders for delivery of supplies during period of contract.
Task-Order Contract Correct Ans-Contract for services the doesn't procure or specify a firm
quantity of services (other than a min or max quantity) and provides for issuance of orders for
performance of tasks during period of contract.
, Interagency Acquisition Correct Ans-procedure which an agency needing supplies/services
(the requesting agency) obtains through another federal government agency (servicing agency)
Multiple Award Contracts (MAC) Correct Ans-contracting agency awards two or more
contracts under a single solicitation where award to single supplier would be impractical or fail
to satisfy total requirements. These contracts allow agencies to establish group of prequalified
contractors to compete for further orders under streamlined ordering procedures once agencies
determine specific needs
Single Award IDIQ Contracts Correct Ans-Only one contract is awarded under a solicitation
Small Business Innovation Research (SBIR) Correct Ans-Program is highly competitive,
encourages domestic small businesses to engage in Federal Research/R & D that has the
potential for commercialization
Small Business Technology Transfer (STTR) Correct Ans-Program expands funding
opportunities in federal innovation R&D. Central to the program is expansion of public/private
sector partnership to include joint venture opportunities for small businesses and nonprofits
research institutions.
FFP: Firm Fixed Price Correct Ans-A contract where the price is set and fixed by the unit of
product or measure. FFP contracts impose the maximum risk on the contractor and minimum
administrative burden on the customer
Indefinite Delivery Vehicles (IDV) Correct Ans-commonly referred to under umbrella term
Indefinite Delivery Indefinite Quantity (IDIQ)
Definite-Quantity Contracts Correct Ans-Delivery for a definite quantity of supplies/services
for a fixed-period, with deliveries scheduled at designated locations upon order
Requirements Contracts Correct Ans-Filling all purchase requirements of designated
government activities for supplies/services during a specified contract period, with deliveries to
be schedule by placing orders with contractor
Government-Wide Acquisition Contracts (GWAC) Correct Ans-multi-agency task/delivery
order contract, typically for information technology, established by one agency for government-
wide use under the authority of the Economy Act
Delivery Order Contract Correct Ans-contract for supplies that doesn't procure/specify firm
quantity and provides issuance of orders for delivery of supplies during period of contract.
Task-Order Contract Correct Ans-Contract for services the doesn't procure or specify a firm
quantity of services (other than a min or max quantity) and provides for issuance of orders for
performance of tasks during period of contract.
, Interagency Acquisition Correct Ans-procedure which an agency needing supplies/services
(the requesting agency) obtains through another federal government agency (servicing agency)
Multiple Award Contracts (MAC) Correct Ans-contracting agency awards two or more
contracts under a single solicitation where award to single supplier would be impractical or fail
to satisfy total requirements. These contracts allow agencies to establish group of prequalified
contractors to compete for further orders under streamlined ordering procedures once agencies
determine specific needs
Single Award IDIQ Contracts Correct Ans-Only one contract is awarded under a solicitation
Small Business Innovation Research (SBIR) Correct Ans-Program is highly competitive,
encourages domestic small businesses to engage in Federal Research/R & D that has the
potential for commercialization
Small Business Technology Transfer (STTR) Correct Ans-Program expands funding
opportunities in federal innovation R&D. Central to the program is expansion of public/private
sector partnership to include joint venture opportunities for small businesses and nonprofits
research institutions.
FFP: Firm Fixed Price Correct Ans-A contract where the price is set and fixed by the unit of
product or measure. FFP contracts impose the maximum risk on the contractor and minimum
administrative burden on the customer
