CON 2370 Simplified Acquisition Procedures – Exam Questions with Correct and Verified Answers

CON 2370 Simplified Acquisition Procedures – Exam Questions with Correct and Verified Answers "T02.E05b You just made a purchase for supplies in the amount of $22,300. You solicited quotations orally from four local sources. Which of the following statements is correct regarding providing notice to the unsuccessful suppliers? - Correct answer Notice to the unsuccessful suppliers will only be given if requested." "T02.E04 You are the contracting officer for a requirement for commercial services with and estimated value of $780,000. Four quotations were received in response to the solicitation and market pricing is available. Which one of the following statements about the price reasonableness determination is most appropriate? - Correct answer Market research must be conducted or obtained to support the fair and reasonable determination." "T03.E02 You are the contracting officer for a firm-fixed-priced services contract valued at $105,975. Which one of the following statements about closeout is correct? - Correct answer The contract is considered closed once you've received evidence of receipt of service and final payment." "T02.E03a Which one of the following is NOT one of the first steps taken when questions are received in response to a solicitation using SAP. - Correct answer Reviewing the quotations for responsibility (1 of 3 known answers)" "T01.E04 You have a requirement for administrative support with an estimated value of $1,500,000. Market research shows numerous potential offerors that are competitive in terms of market price quality, and delivery. That list of potential offerors includes 4 small businesses and 8 large businesses. - Correct answer The entire acquisition must be set aside exclusively for small business." "T02.E01d You are the contracting officer for a construction requirement with and estimated value of $20,600. Access to the written solicitation will not be provided in the GPE, and none of the exceptions are FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action.? - Correct answer Notice of the solicitation, or copy of the solicitation, must be posted in a public place." "T03.E01a You are the contracting officer for a noncommercial bilateral purchase order for supplies valued at $155,600. Which one of the following actions would be executed using a unilateral modification? - Correct answer Issuing a termination notice." "T01.E01 Which of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? - Correct answer Purchases shall be made in the simplified manner that is most suable to the circumstances of the acquisition. (1 of 2 answers)" "T02.E01a You have a requirement for a noncommercial purchase with an estimated value of $225,000. Notice of the proposed contract action is required, and no exceptions apply. Which one of the following solicitation methods would be most appropriate? - Correct answer Electronic, Commerce" T01.E06 You have a requirement for water restoration services at your base in Louisiana. Three services are of a type sold competitively in substantial quantities in the commercial marketplace base on market prices. The estimated dollar value of the acquisition is $1,250,000. Which of the following is true? - Correct answer the use of simplified acquisition procedures is authorized." "T03.E03a You are the contracting office for a firm-fixed-price purchase order for commercial supplies with a value of $565,000. Two weeks after delivery and acceptance of the items, the user complains that the goods are not functioning as expected. You Investigate and determine that the items are not fully compliant with the specification in the contract. who would bear the cost of correcting the nonconforming supplies that were accepted by the Government? - Correct answer The Contractor" "T02.E05a Which one of the following is correct regarding documenting the award of a buy using SAP? - Correct answer Award documentation should be kept to a minimum." "T02.E05c Which one of the following would result in the establishment of a contract? - Correct answer Supplier's written acceptance of an order." "T02.E01c Which of the following statements about solicitations using SAP is correct? - Correct answer Buyers are encouraged to use best value. (1 of 3 known answers)" "To1.E03 Which one of the following mandator Government sources is the first priority for satisfying a requirement for supplies? - Correct answer Inventories of the requiring agency" "T02.E03b Which one of the following statements about the evaluation of quotations or offers using SAP is true? - Correct answer The contracting officer is required to consider all quotations or offers." "T02.E06 Six quotes were received in response to your solicitation for new officer equipment that utilized the lowest price technically acceptable source process. the quotes submitted by vendors A,B,and D were determined to be technically acceptable. Vender A quoted a price of $146,500; Vender B quoted a price of $128,250; Vender C quoted a price of $132,800. which one of the following statements about the award decision is correct. - Correct answer Vender B is the apparent awardee and price reasonableness would be based on competition." "T03.E03b (Noncommercial is the key word the other question has commercial) You have just been informed that a purchase order you recently awarded for noncommercial supplies is no longer needed and must be cancelled. The order was accepted in writing by the contractor. Which one of the following statements is true? - Correct answer The purchase order must be terminated in accordance with FAR part 49 or FAR 52.213-4" "T01.E05 Which one of the following market research results would support a commercial item determination? - Correct answer The services are offered and sold competitively in substantial qualities in the commercial marketplace based on market prices." "T01.E02b You have a requirement for a new contract for snow removal at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations. Consistent with the order of precedence for requirements documents, which one of the following documents would be included in the new contract. - Correct answer A performance Work Statement (PWS)" "T01.E06 You have a requirement for repair parts to support routine maintenance services at the shop on your base. the parts are sold to the general public and are used for nongovernmental purposes. The estimated dollar value of the acquisition is $625,000. Which one of the following statements is true? - Correct answer The use of simplified acquisition procedures is authorized." "T03.E01b You are the contracting officer for a commercial services contract that contains options. You send the preliminary notice of your intent to extend the contract two days after the deadline outlined in the options clause. Which one of the following statements is correct? - Correct answer the option can only be exercised using a bilateral modification." "T02.E02 You have a repetitive requirement for individual purchases of the same commercial service. The estimated value of the individual purchases ranges from $75,000 to $500,000. which one of the following simplified acquisition methods would be the most appropriate to use? - Correct answer Blanket Purchase Agreement (BPA)" "T01.E02a You are the contracting officer for a requirement for a commercial product with an estimated value of $6,200. None of the exceptions in FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action? - Correct answer There is no requirement to publicize this action." "T01.E02b You have a requirement for a new contract for janitorial services at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations. Consistent with the order of precedence for requirements documents, which one of the following documents would be included in the new contract. - Correct answer A performance Work Statement (PWS)" "T02.E01b You have a requirement for a purchase with an estimated value of $8,700. Which one of the following describes the competition requirement for this acquisition? - Correct answer There is no requirement for competition if the price is considered reasonable." "T01.E06 You have a requirement for repair parts to support routine maintenance services at the shop on your base. the parts were developed using Government funds and are not offered to the general public. The estimated dollar value of the acquisition is $275,000. Which one of the following statements is true? - Correct answer the use of simplified acquisition procedures is prohibited." "101.E05 Which one of the following market research results would NOT support a commercial item determination? - Correct answer The part was developed using Government funding and is only sold to DoD agencies." "T02.E02 You have a one time requirement for a purchases of non-commercial supplies with an estimated value of $235,000. The supplies are not immediately available. Which one of the following simplified acquisition methods would be the most appropriate to use? - Correct answer Purchase order" "T03.E03a You are the contracting office for a firm-fixed-price purchase order for commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the government was submitted five days late. You Investigate and verify that the report was submitted late. Which one of the following statements regarding the nonconforming performance is FALSE? - Correct answer The Government must pay for reperformance of the nonconforming service because the report was accepted." "T03.E02 You are the contracting officer for a firm-fixed-priced services contract valued at $195,400. Which one of the following statements about closeout is correct? - Correct answer The contract is considered closed once you've received evidence of receipt of receipt of property and final payment." "T02.E03a Which one of the following is NOT one of the first steps taken when questions are received in response to a solicitation using SAP - Correct answer Reviewing the quotations for responsiveness (1of3 answers)" "T03.E01a You are the contracting officer for a noncommercial supply contract valued at $155,600. Which one of the following actions would be executed using a bilateral modification? - Correct answer Making a negotiated equitable adjustment" "T01.E02a You are reviewing the requirements package for the purchase of videoconferencing equipment. Market research results identified multiple sources for this equipment in the commercial marketplace. The purchase description requires a particular brand name because the users are familiar with this brand of equipment and would prefer to not have to learn how to use a different brand. which one of the following is correct regarding the policies for describing your agency's needs? - Correct answer The brand name purchase description is not justified and must be revised to allow companies with similar products to compete." "T01.E03 Which one of the following mandatory Government sources is the first priority for satisfying a requirement for supplies? - Correct answer Inventories of the requiring agency" "T02.E01d You are the contracting officer for a requirement for a commercial product with and estimated value of $6,200. none of the exceptions in FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action.? - Correct answer There is no requirement to publicize this action" "T02.E03a Which one of the following is NOT one of the first steps taken when questions are received in response to a solicitation using SAP - Correct answer Ranking the quotations by technical acceptability (1of3 known answers)" "T01.E01 Which of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? - Correct answer The purpose of SAP is to improve opportunities for small businesses to obtain a fair portion of Government contracts (1 of 2 known answers)" "T02.E01b You have a requirement for a one-time purchase with an estimated value of $180,700. You are not required to synopsize this contract action. Which one of the following describes the competition requirement for this acquisition. - Correct answer Quotes must be solicited from at least three sources." "T02.E01c Which one of the following statements about solicitations using SAP is correct. - Correct answer The bases on which award will be made must be stated (1 of 3 known answers)" "T02.E01a You are the buyer for a construction requirement with an estimated value of $75,000. A notice of the proposed contract action is required. Which one of the following solicitation methods must be used? - Correct answer Written Solicitation" "T03.E02 You are the contracting officer for a firm-fixed-priced services contract valued at $195,400. Which one of the following statements about contract closeout is correct? - Correct answer The contract is considered closed once you receive evidence of receipt of property and final payment." "T02.E01c Which one of the following statements about solicitations using SAP is correct. - Correct answer Stating the relative importance assigned to each evaluation factor is not required. (1 of 3 known answers)" "You have a requirement for a new contract for grounds maintenance at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations. Consistent with the order of precedence for requirements documents, which one of the following documents would be included in the new contract? - Correct answer PWS" "You have a repetitive requirement for individual purchases of the same commercialservice. The estimated value of the individual purchases range from $75,000 to $500,000.Which one of the following simplified acquisition methods would be the most appropriate to use? - Correct answer Blanket Purchase Agreement (BPA)" "T03.E03a You are the contracting officer for a firm-fixed-price purchase order for commercial services with a value of 1,425,000. Your customer has notified you that contractually required reports accepted by the government was submitted five days late. You investigate and verify that the report was submitted late. Which one of the following statements regarding the nonconforming performance is FALSE? - Correct answer The government must pay for reperformance of the nonconforming service because the report was accepted." "T02.E01a You have a requirement for purchase with an estimated value of $13,000. The use of electronic commerce is not practical and notice of the proposed contract action is not required. Which one of the following solicitation methods would be most appropriate? - Correct answer Oral Solicitation" "T03.E03b (Commercial is the key word the other question has noncommercial) You have just been informed that a purchase order you recently awarded for commercial services is no longer needed and must be cancelled. The order was accepted in writing by the contractor. Which one of the following statements is true? - Correct answer The purchase order must be terminated in accordance with FAR 12.403 and FAR 52.212-4" "T02.E05b You just made a purchase for supplies in the amount of $20,700. You used a written solicitation to solicit quotations from three local sources. Which of the following statements is correct regarding providing notice to the unsuccessful venders?? - Correct answer Notice to the unsuccessful vendors will only be given if requested." "T03.E02 You are the contracting officer for a firm-fixed-priced supply contract valued at $195,400. Which one of the following statements about contract closeout is correct? - Correct answer The contract is considered closed once you receive evidence of receipt of property and final payment."