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CORB Study Guide Question and answers 100% correct

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CORB Study Guide Question and answers 100% correct What part of the FAR discusses the contents of a contract file? - correct answers FAR Subpart 4.8 / AFARS Subpart 5104.8 What part of the FAR discusses how to fill out a CAR? - correct answers DFARS PGI 204.606 When are you required to Synopsize a proposed contract action? - correct answers Synopsis req'd if $25K. Synopsis is posted 15 days before the Solicitation is posted. FAR 5.202 has exceptions including, but not limited to, Unusual and Compelling Urgency, if the Synopsis posting would compromise national security, for utility services. For commercial items, you may use a combined synopsis and solicitation procedure (see 1

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CORB Study Guide Question and
answers 100% correct
What part of the FAR discusses the contents of a contract file? - correct
answers FAR Subpart 4.8 / AFARS Subpart 5104.8


What part of the FAR discusses how to fill out a CAR? - correct answers
DFARS PGI 204.606


When are you required to Synopsize a proposed contract action? - correct
answers Synopsis req'd if > $25K.
Synopsis is posted 15 days before the Solicitation is posted.
FAR 5.202 has exceptions including, but not limited to, Unusual and
Compelling Urgency, if the Synopsis posting would compromise national
security, for utility services.
For commercial items, you may use a combined synopsis and solicitation
procedure (see 12.603).


What part of the FAR lists the exceptions to synopsizing? What are they? -
correct answers FAR 5.202 - (1) The synopsis cannot be worded to preclude
disclosure of an agency's needs and such disclosure would compromise the
national security (e.g., would result in disclosure of classified information). The
fact that a proposed solicitation or contract action contains classified
information , or that access to classified matter may be necessary to submit a
proposal or perform the contract does not, in itself, justify use of this exception
to synopsis; (2) The proposed contract action is made under the conditions
described in 6.302-2 (or, for purchases conducted using simplified acquisition
procedures , if unusual and compelling urgency precludes competition to the
maximum extent practicable) and the Government would be seriously injured
if the agency complies with the time periods specified in 5.203;(3) The
proposed contract action is one for which either the written direction of a
foreign government reimbursing the agency for the cost of the acquisition of

,the supplies or services for such government, or the terms of an international
agreement or treaty between the United States and a foreign government, or
international organizations, has the effect of requiring that the acquisition shall
be from specified sources; (4) The proposed contract action is expressly
authorized or required by a statute to be made through another Government
agency, including acquisitions from the Small Business Administration (SBA)
using the authority of section 8(a) of the Small Business Act (but see 5.205(f)),
or from a specific source such as a workshop for the blind under the rules of
the Committee for Purchase from People Who Are Blind or Severely Disabled;
(5) The proposed contract action is for utility services other than
telecommunications services and only one source is available; (6) The
proposed contract action is an order


What are the three types of competition listed in Far Part 6? - correct answers
Full and open competition, full and open competition after exclusion of
sources, other than full and open competition


In order to be determined responsible, a prospective contractor must what? -
correct answers Responsible: A prospective contractor must: Have adequate
financial resources to perform the contract or the ability to obtain them; Be
able to comply with the required or proposed delivery or performance
schedule, taking into consideration all existing commercial and governmental
business commitments; Have a satisfactory performance record; Have a
satisfactory record of integrity and business ethics; Have the necessary
organization, experience, accounting and operational controls, and technical
skills, or the ability to obtain them; Have the necessary production,
construction, and technical equipment and facilities, or the ability to obtain
them; Be otherwise qualified and eligible to receive an award under applicable
laws and regulations. In other words, capable of performing the work as
required.


What is market research used for? - correct answers FAR 10.001(a)(3)- (i)
Determine if sources capable of satisfying the agency's requirements exist; (ii)
Determine if commercial products or commercial services, or, to the extent

,commercial products suitable to meet the agency's needs are not available,
nondevelopmental items are available that-
(A) Meet the agency's requirements; (B) Could be modified to meet the
agency's requirements; or
(C) Could meet the agency's requirements if those requirements were
modified to a reasonable extent; (iii) Determine the extent to which
commercial products , or nondevelopmental items could be incorporated at
the component level;
(iv) Determine the practices of firms engaged in producing, distributing, and
supporting commercial products or commercial services, such as type of
contract , terms for warranties, buyer financing, maintenance and packaging,
and marking; (v) Ensure maximum practicable use of recovered materials
(see subpart 23.4) and promote energy conservation and efficiency;
(vi) Determine whether consolidation is necessary and justified (see 7.107-2) (
15 U.S.C. 657q);
(vii) Determine whether bundling is necessary and justified (see 7.107-3) ( 15
U.S.C.644(e)(2)(A));
(viii) Determine whether the acquisition should utilize any of the small
business programs in accordance with part 19; and
(ix) Assess the availability of supplies or services that meet all or part of the
applicable information and communication technology accessibility standards
at 36 CFR 1194.1 (see subpart 39.2).


Where is the definition of a commercial item found? Please list some
examples. - correct answers FAR 2.101, Commercial item anything that is
available to the general public


What is the contract format for a commercial item acquisition? - correct
answers FAR 12.303 - 1. SF 1449, 2. Continuation of any block from SF 1449,
3. Contract clauses, 4. any contract documents, exhibits or attachments and
solicitation provisions

, What does it mean to streamline a solicitation for commercial items? Please
explain the advantages? - correct answers FAR 12.603- When a written
solicitation will be issued, the contracting officer may use the following
procedure to reduce the time required to solicit and award contracts for the
acquisition of commercial products or commercial services. This procedure
combines the synopsis required by 5.203 and the issuance of the solicitation
into a single document.


What are the contract types that can be use for the acquisition of commercial
items? - correct answers FAR 12.207 - FFP, FFP w/ economic price
adjustment, indefinite delivery, may use award fee or performance delivery
incentives


What is the difference between a quotation and an offer? - correct answers
FAR 13.004- Offer means a response to a solicitation that, if accepted, would
bind the offeror to perform the resultant contract.
A quotation is not an offer and, consequently, cannot be accepted by the
Government to form a binding contract . Therefore, issuance by the
Government of an order in response to a supplier's quotation does not
establish a contract .


Please describe how you would solicit competition under the SAP? - correct
answers FAR 13.106-1- By soliciting either written or orally if oral it must be
under $25K. Construction under $2K. Written solicitations over $25K. When
soliciting quotations or offers, the contracting officer shall notify potential
quoters or offerors of the basis on which award will be made (price alone or
price and other factors, e.g., past performance and quality).


When shall sealed bidding be used? - correct answers FAR 14.103-1(a)/FAR
6.401(a)- (1) Time permits the solicitation , submission, and evaluation of
sealed bids;
(2) The award will be made on the basis of price and other price-related
factors;

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