CON 1100V UNIT 2 Exam 100% Correct!

CON 1100V UNIT 2 Exam 100% Correct!
3 Phases of the Contracting Life Cycle include: - ANSWERS1. Pre-Award
2. Award
3. Post-Award

5 Stages of the Contracting Life Cycle include: - ANSWERS1. Acquisition Planning
2. Solicitation
3. Evaluation
4. Award
5. Contract Administration

Industry best motivates contractors by - ANSWERSexploring how business strategies
affect our partners, and how to establish a mutual business relationship with a
contractor.

Pre-Awarding involves: - ANSWERS1. Initial Planning & Forming the Team
2. Market Research
3. Defining Requirements (SOW/PWS/SOO/SPEC)
4. Acquisition Business Strategy
5. Releasing & Closing Solicitation


Acquisition Planning Stage involves: - ANSWERS1. Identifying acquisition team.
2. Conducting market research.
3. Understanding industry.
4. Describing agency needs.
5. Performing meaningful risk analysis.
6. Formulating contract strategy.
7. Preparing solicitation.
8. Publicizing (advertising) contract actions.

Evaluation stage involves: - ANSWERS1. Proposals
2. Price/Cost Analysis
3. Holding Discussions/Negotiations
4. Determining Responsiveness/Responsibility
5. Documenting Basis for Award

Award stage involves: - ANSWERS1. Awarding the contract.
2. Notifying industry & bidders/offerors.
3. Holding meaningful debriefs.
4. Addressing any post-award protests. Awarding involves: - ANSWERS1. Evaluation
2. Negotiation
3. Award