CON 3990 Exam 2025/2026 UPDATED MOST
TESTED QUESTIONS WITH VERIFIED ANSWERS
GRADED A+ ASSURED SUCCESS
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (201)
What is the Micro- $10k
purhcase threshold for
supplies?
All incentive contracts Cost incentive or constraint
(schedule or
performance) must also
include what?
https://quizlet.com/989538248/con-3990-exam-20252026-updated-most-tested-questions-with-verified-answers-graded-a-assured-success-flash-card… 1/14
, 1/4/25, 6:23 AM CON 3990 Exam 2025/2026 UPDATED MOST TESTED QUESTIONS WITH VERIFIED ANSWERS GRADED A+ ASSURED SUCC…
What requires funds to be Bona Fide Needs Rule
used only for needs or
services in the year of the
appropriations obligation
period?
What contract types can FFP or FPEPA
be used for commercial
item purchases?
What is the Simplified $7.5M - commercial $250k for non-commercial
Acquisition Threshold for
commercial products and
services? What is it for
non-commercial?
True or False: The Gov True
shall use electronic
commerce whenever
practicable or cost-
effective
Provide background/basis for decisions
What is the purpose of a Supporting actions taken
contract file? (4) Provide information for reviews and investigations
Furnishing essential facts in the event of a litigation
Can contract files be Yes
combined if appropriate?
Maintained at the organizational level to ensure
effective documentation of contract actions
At what level are contract accessibility by principal users
files maintained and why? minimal establishment of duplicate and working files
safeguarding classified docs
conformance with agency regs
When is a SAP contract When the KO receives evidence of receipt of
file closed out? property or final payment
https://quizlet.com/989538248/con-3990-exam-20252026-updated-most-tested-questions-with-verified-answers-graded-a-assured-success-flash-card… 2/14