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CON 1100V EXAM|| CON 1100V ACTUAL STUDY
GUIDE ALL QUESTIONS AND 100% CORRECT
ANSWERS ALREADY GRADED A+|| LATEST AND
100% COMPLETE UPDATE 2024-2025 WITH
EXPERT VERIFIED SOLUTIONS|| ASSURED PASS!!!
5 Stages of the contracting life cycle - ANSWER: -Acquisition planning
-solicitation
-evaluation
-award
-contract administration
Which stage includes modifications, performance, payments, and contract
closeout? - ANSWER: contract administration stage
The purpose of the Contracting Subway Map is to - ANSWER: provide the user
with a generalized order of events in the acquisition contracting process
1. What affects how we effectively motivate contractors through the life cycle? -
ANSWER: governments business strategies
What are the 3 phases of the contracting lifecycle? - ANSWER: 1) Pre-award
2) Award
3) Post-award
What are the 2 stages in the Pre-Award phase of the contracting life cycle? -
ANSWER: 1) Acquisition Planning Stage
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2) Solicitation Stage
What are the 2 stages in the Award phase of the contracting life cycle? -
ANSWER: 1) Evaluation Stage
2) Award Stage
What is the only stage of the Post-Award phase of the contracting life cycle? -
ANSWER: 1) Contract Administration Stage
When contemplating the business strategy of a procurement, what should the
acquisition team consider when aligning the strategy to contractor motivations? -
ANSWER: - type of contract
- length of contract
- financing arrangement
- profit/fee percentages
- performance evaluation
- data rights
- required warranties
- maintenance/sustainment
- future requirements
What is the overall role of the contracting professional? - ANSWER: Serve as the
overall business advisor to the acquisition team. They are responsible for guiding
the customer through the contracting life cycle stages.
What type of authority does a contracting officer hold in government contracting? -
ANSWER: Expressed actual authority
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List the four essential elements of a contract for it to be considered valid. -
ANSWER: 1) Capacity
2) Mutual Assent
3) Consideration
4) Lawful Purpose
When must the government promote competition in solicitations? - ANSWER:
Unless an exception applies or otherwise is expressly stated authorized by statute,
contracting officers must promote and provide for full and open competition in
soliciting offers and awarding government contracts.
What are the seven exceptions to competition? - ANSWER: 1) Only one
responsible source and no other supplies or service will satisfy agency
requirements
2) Unusual and compelling urgency
3) Industrial mobilization; engineering, developmental, or research capability; or
expert services
4) International agreement
5) Authorized or required by statute
6) National security
7) Public interest
What are the two preferred methods for determining a fair and reasonable price? -
ANSWER: - Comparison of proposed prices received in response to the
solicitation
- Comparison of previously proposed prices and previous Government and
commercial contract prices with current proposed prices for like items
Where do we find information on TINA? - ANSWER: FAR 15.403-4
CON 1100V EXAM|| CON 1100V ACTUAL STUDY
GUIDE ALL QUESTIONS AND 100% CORRECT
ANSWERS ALREADY GRADED A+|| LATEST AND
100% COMPLETE UPDATE 2024-2025 WITH
EXPERT VERIFIED SOLUTIONS|| ASSURED PASS!!!
5 Stages of the contracting life cycle - ANSWER: -Acquisition planning
-solicitation
-evaluation
-award
-contract administration
Which stage includes modifications, performance, payments, and contract
closeout? - ANSWER: contract administration stage
The purpose of the Contracting Subway Map is to - ANSWER: provide the user
with a generalized order of events in the acquisition contracting process
1. What affects how we effectively motivate contractors through the life cycle? -
ANSWER: governments business strategies
What are the 3 phases of the contracting lifecycle? - ANSWER: 1) Pre-award
2) Award
3) Post-award
What are the 2 stages in the Pre-Award phase of the contracting life cycle? -
ANSWER: 1) Acquisition Planning Stage
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2) Solicitation Stage
What are the 2 stages in the Award phase of the contracting life cycle? -
ANSWER: 1) Evaluation Stage
2) Award Stage
What is the only stage of the Post-Award phase of the contracting life cycle? -
ANSWER: 1) Contract Administration Stage
When contemplating the business strategy of a procurement, what should the
acquisition team consider when aligning the strategy to contractor motivations? -
ANSWER: - type of contract
- length of contract
- financing arrangement
- profit/fee percentages
- performance evaluation
- data rights
- required warranties
- maintenance/sustainment
- future requirements
What is the overall role of the contracting professional? - ANSWER: Serve as the
overall business advisor to the acquisition team. They are responsible for guiding
the customer through the contracting life cycle stages.
What type of authority does a contracting officer hold in government contracting? -
ANSWER: Expressed actual authority
, 3|Pag e
List the four essential elements of a contract for it to be considered valid. -
ANSWER: 1) Capacity
2) Mutual Assent
3) Consideration
4) Lawful Purpose
When must the government promote competition in solicitations? - ANSWER:
Unless an exception applies or otherwise is expressly stated authorized by statute,
contracting officers must promote and provide for full and open competition in
soliciting offers and awarding government contracts.
What are the seven exceptions to competition? - ANSWER: 1) Only one
responsible source and no other supplies or service will satisfy agency
requirements
2) Unusual and compelling urgency
3) Industrial mobilization; engineering, developmental, or research capability; or
expert services
4) International agreement
5) Authorized or required by statute
6) National security
7) Public interest
What are the two preferred methods for determining a fair and reasonable price? -
ANSWER: - Comparison of proposed prices received in response to the
solicitation
- Comparison of previously proposed prices and previous Government and
commercial contract prices with current proposed prices for like items
Where do we find information on TINA? - ANSWER: FAR 15.403-4
