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CON 3990 Contracting Certification Quiz 3 of 4 | COMPLETE QUESTIONS AND ANSWERS | 2025 LATEST UPDATED | ALREADY GRADED A+

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CON 3990 Contracting Certification Quiz 3 of 4 | COMPLETE QUESTIONS AND ANSWERS | 2025 LATEST UPDATED | ALREADY GRADED A+

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CON 3990 Contracting Certification Quiz 3 of 4 | COMPLETE QUESTIONS

AND ANSWERS | 2025 LATEST UPDATED | ALREADY GRADED A+

It is the Government's pricing policy to purchase supplies and services at fair and reasonable
prices from? - (answers)Responsible sources


What are the two types of negotiated acquisitions? - (answers)Sole source and competitive


What is the objective of a source selection? - (answers)To select the proposal that represents the
best value


Which contract type shifts cost risk from the Government to the contractor? - (answers)Fixed-
price


Which of the following best describes the purpose of proposal analysis? - (answers)To ensure the
price is fair and reasonable


Which type of solicitation may require the submission of certified cost or pricing data? -
(answers)Request for proposals


A contracting officer has the broadest discretion in fashioning suitable evaluation procedures
when considering? - (answers)Quotations


Which acquisition situation would warrant an exception to the requirement for certified cost or
pricing data? - (answers)Commercial item acquisition


A proposal submission time and date of 2 p.m. on February 3, 2020, appeared on the cover page
of a Government solicitation. Based on the information provided at FAR 52.215-1, Instructions
to Offerors - Competitive Acquisitions, which of the following proposals is late? - (answers)The
contractor provided its proposal at 2:15 p.m. on February 3, 2020


When a contractor submits a Certificate of Current Cost or Pricing data, it is certifying that? -
(answers)The data submitted in support of a negotiations are current, accurate, and complete.

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