CON 3990V Questions and Complete Solutions Graded A+.

CON 3990V Questions and Complete Solutions Graded A+ contracts expected to exceed $25,000 should be synopsized, where? - Answer: synopsize in the Governmentwide point of entry (GPE) contracts expected to exceed $15,000, but not expected to exceed $25,000 should be synopsized, where? - Answer: must be posted in a public place FAR part 1 - Answer: Federal Acquisition Regulations System FAR part 2 - Answer: Definitions of Words and Terms FAR part 3 - Answer: Improper Business Practices and Personal Conflicts of Interest FAR part 4 - Answer: Administrative and Information Matters FAR part 5 - Answer: Publicizing Contract Actions FAR part 6 - Answer: Competition Requirements FAR part 7 - Answer: Acquisition Planning FAR part 8 - Answer: Required Sources of Supplies and Services FAR part 10 - Answer: market research FAR part 12 - Answer: Acquisition of Commercial Products and Commercial Services FAR part 13 - Answer: Simplified Acquisition Procedures FAR part 15 - Answer: Contracting by Negotiation FAR part 16 - Answer: Types of Contracts FAR part 19 - Answer: Small Business Programs FAR part 31 - Answer: Contract Cost Principles and Procedures FAR part 33 - Answer: Protests, Disputes, and Appeals FAR part 42 - Answer: Contract Administration and Audit Services FAR part 44 - Answer: Subcontracting Policies and Procedures FAR part 46 - Answer: Quality Assurance FAR part 49 - Answer: Termination of Contracts SF 26 - Answer: Award/Contract - used to award negotiated contracts in which signatures of both parties on a single document is appropriate SF 30 - Answer: Amendment of Solicitation/Modification of Contract- used to amend any solicitation or modify any contract SF 33 - Answer: Solicitation, Offer, and Award - may be used to award either negotiated contracts or contracts utilizing sealed bidding. SF 44 - Answer: Purchase Order/Invoice/Voucher- used for simplified acquisitions at or below the micro-purchase threshold, except for purchases under unusual and compelling urgency or in support of contingency operations SF 1409 - Answer: Abstract of Offers Prescribed for use in recording bids. SF 1442 - Answer: Solicitation, Offer, and Award (Construction, Alteration, or Repair)- used for soliciting offers and awarding contracts expected to exceed the simplified acquisition threshold. these acquisitions must be for: * Construction, alteration or repair, or * Dismantling, demolition, or removal of improvements SF 1449 - Answer: Solicitation/Contract/Order for Commercial Items- Required for solicitations for commercial items if the acquisition will exceed the simplified acquisition threshold. It is encouraged for commercial acquisitions not exceeding the simplified acquisition threshold. DD 254 - Answer: Contract Security classification Specification: Used to provide security classification guidance to U.S. contractors, and subcontractors as applicable, requiring access to information classified as "Confidential", "Secret", or "Top Secret". DD 1155 - Answer: Order for Supplies and Services- Used for placing orders under indefinite-delivery contracts or if the SF 1449 is not used under simplified acquisition procedures. DD 1547 - Answer: Record of Weighted Guidelines Application Used to facilitate a structured approach to profit/fee analysis. DD 1861 - Answer: Contract Facilities Capital Cost of Money: Used to estimate the facilities capital cost of money and capital employed (used in conjunction with the CASB-CMF and cost of money factors). Micro-Purchase Threshold - Answer: $10,000 Simplified Acquisition Threshold - Answer: $250,000 Simplified Acquistion Threshold Commercial items - Answer: $7,500,000 What is the accounting or financial term when addressing contractual funding issues? - Answer: fiscal Section A - Answer: Solicitation/contract form Section B - Answer: Supplies or Services and Prices/Costs Section C - Answer: Description/specifications/statement of work Section D - Answer: Packaging and marking Section E - Answer: Inspection and acceptance Section F - Answer: Deliveries or Performance Section G - Answer: Contract Administration Data Section H - Answer: Special Contract Requirements Section I - Answer: Contract Clauses Section J - Answer: List of Attachments Section K - Answer: Representations, certifications, and other statements of offerors or respondents Section L - Answer: Instructions, conditions, and notices to offerors or respondents Section M - Answer: Evaluation factors for award PIID Positions 1 through 6 - Answer: first six identify the department/agency and office issuing the instrument PIID positions 7-8 - Answer: the last two digits of the fiscal year in which the procurement instrument is issued or awarded PIID position 9 - Answer: type of instrument Letter A - Answer: BPA B - Answer: Invitation for bids C - Answer: Contracts of all types except indefinite-delivery contracts D - Answer: Indefinite-delivery E - Answer: Reserved for future federal governmentwide use F - Answer: task orders, delivery orders R - Answer: request for proposals Q - Answer: request for quotations P - Answer: purchase orders (assign V if numbering capacity of P is exhausted) PIID Position 10-17: Enter what? - Answer: enter the number assigned by the issuing agency, choose a minimum of four characters up to a maximum of eight characters. How do you number exhibits in UCF format? - Answer: use alpha characters, shall be either one or two capital letters, do not use the letters I or O. How do you number attachments in UCF format? - Answer: use numbers What are the two types of negotiated acquisitions? - Answer: Sole source and competitive Feedback: See FAR 15.002 A contracting officer has the broadest discretion in fashioning suitable evaluation procedures when considering: - Answer: quotations Prenegotiation objectives: - Answer: Establish the Government's initial negotiation position Feedback: See FAR 15.406-1(a) the competitive range for competitive negotiations must be established: - Answer: prior to entering into discussions in the FAR, the term "discussions" is synonymous with - Answer: Negotiations When holding discussions with offerors in a source selection, all the following must be discussed EXCEPT: - Answer: price Which of the following is correct regarding the preaward debriefing of offerors excluded from the competitive range? - Answer: the offeror must request the debriefing by written request to the contracting officer within 3 days after receipt of the notice of exclusion from the competition. Two neighbors do not get along very well. One is a contracting officer, and the other works for an auto dealership, that has no contracts with the Government. The auto dealership employee decided to file a protest to a contract that was just awarded, knowing it would add extra work to the contracting officer's day. Can the contracting officer's neighbor file a protest as an interested party? - Answer: No What is the government policy as it relates to controversies with a contractor during performance of the contract? - Answer: attempt to resolve conflict at the contracting officer's level Termination for cause - Answer: Termination for Cause closely resembles a common law breach of contract in which one party fails to live up to its obligations. (In noncommercial contracts, the applicable term is termination for default.) Termination for cause is usually a traumatic event for both parties. Both the contractor and Government are likely to suffer significant economic and time losses. Therefore, the Government should only terminate a contract for cause if it has clear grounds for doing so. Termination for Default - Answer: Termination for default ("T4D") applies to noncommercial contracts only. It closely resembles a common law breach of contract in which one party fails to live up to its obligations. Termination for default is usually a difficult experience for both the contractor and Government who are likely to suffer significant economic and time losses. Therefore, the Government should only terminate a contract for default if it has clear grounds to do so. Termination for Convenience - Answer: the government's unilateral contractual right to partially or completely terminate a contract without being required to pay damages, despite full contractor compliance with its contractual obligations. Termination for Convenience is defined in the FAR as the exercise of the government's right to completely or partially terminate performance of work under a contract when it is in the government's interest. The government's right to terminate for convenience is one of the most unique provisions of government contracting, with no counterpart in common law contracting. The government does not need any particular reason to terminate a contract for convenience, other than it is in its best interest do so. What is a solicitation under simplified acquisition procedures (SAP) called? - Answer: Request for Quote (RFQ) What is a solicitation under contract for negotiation called? - Answer: Request for proposals (RFP) What is a solicitation under sealed bidding called? - Answer: Invitation for bid (IFB) Which type of solicitation may require the submission of certified cost and pricing data? - Answer: Request for Proposals (RFP) Where in the FAR can you find guidance on how to establish, maintain, and dispose of Government contract files? - Answer: FAR part 4 Feedback: See FAR subpart 4.8 Where in the FAR can you find Market Research? - Answer: FAR Part 10 Where in the FAR can you find information on protests? - Answer: FAR part 33