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Clc 059 Subcontracting Exam Complete Questions With Verified Correct Answers||Already Graded A+

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CLC 059 SUBCONTRACTING EXAM COMPLETE QUESTIONS WITH VERIFIED CORRECT ANSWERS||ALREADY GRADED A+ 1) What is the contract awarded directly by the prime contractor for the purpose of acquiring supplies or services for the performance of a prime contract? - ANSWER First-tier subcontract 2) Which of the following are key, recommended resources for subcontracting compliance management? (Select three that apply) - ANSWER DFARS, SBA, DCMA 3) Which of the following are key, recommended resources for subcontracting compliance management? (Select two that apply) - ANSWER OSBP, SBA 4) What is a purchase order, task order, or other contract between a prime contractor and another business to support the prime contract and to which the government has no contractual relationship, i.e., no privity? - ANSWER Subcontract 5) Which of the following are pre-award considerations that impact post-award subcontracting compliance management? (Select three that apply) - ANSWER Will advance notification and consent to subcontract be required? Will the contract include government property? Will the contract be set aside for one of the small business socioeconomic categories? 6) 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. 7) Which of the following contracts is required to submit a small business subcontracting plan? Each contract has subcontracting possibilities. - ANSWER $1 million services contract awarded to another than small business. 8) Which of the following statements is accurate? - ANSWER Other than small businesses must comply with small business participation requirements. 9) Which is an accurate statement about the DoD Mentor-Protégé Program? - ANSWER The desired outcome of the program is for the protégé to realize greater opportunities... 10) 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 repaid

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CLC 059 SUBCONTRACTING EXAM
COMPLETE QUESTIONS WITH
VERIFIED CORRECT
ANSWERS||ALREADY GRADED A+


1) What is the contract awarded directly by the prime contractor for
the purpose of acquiring supplies or services for the performance
of a prime contract? - ANSWER ✔ First-tier subcontract


2) Which of the following are key, recommended resources for
subcontracting compliance management? (Select three that apply) -
ANSWER ✔ DFARS, SBA, DCMA


3) Which of the following are key, recommended resources for
subcontracting compliance management? (Select two that apply) -
ANSWER ✔ OSBP, SBA


4) What is a purchase order, task order, or other contract between a
prime contractor and another business to support the prime
contract and to which the government has no contractual
relationship, i.e., no privity? - ANSWER ✔ Subcontract


5) Which of the following are pre-award considerations that impact
post-award subcontracting compliance management? (Select three
that apply) - ANSWER ✔ Will advance notification and consent

, to subcontract be required? Will the contract include government
property? Will the contract be set aside for one of the small
business socioeconomic categories?


6) 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.


7) Which of the following contracts is required to submit a small
business subcontracting plan? Each contract has subcontracting
possibilities. - ANSWER ✔ $1 million services contract awarded
to another than small business.


8) Which of the following statements is accurate? - ANSWER ✔
Other than small businesses must comply with small business
participation requirements.


9) Which is an accurate statement about the DoD Mentor-Protégé
Program? - ANSWER ✔ The desired outcome of the program is
for the protégé to realize greater opportunities...


10) On a contract that includes certified cost or pricing data, a
DCAA audit confirm that one of the subcontractor submitted... ($2

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