Con 3990 Prep QUESTIONS WITH VERIFIED ANSWERS
Practice questions for this set
Terms in this set (377)
,What are the three Pre-award, Award, and Post-award
contracting life cycle
phases
Define the pre-award Invokes all work performed by both the buyer (Gov't or
phase Prime Contractor) and seller (contractor or sub) in
communicating the buyer's requirements and providing
a solution to those requirements
Requirement definition, budgeting/funding process, and
What typically starts
acquisition planning.
before the contracting
process?
The pre-award phase Develop Solicitation (for our purpose, this is done by the
consist of what two Gov't or the contractor) and develop offer (this is
primary activities?
done by the contractor or sub)
In planning the solicitation The buying activity must assess the need and analyze the
requirement as well make sure that contract outcomes
will be measurable and properly incentivized. They
buying activity must also verify availability of funds.
Buying activities must also Conduct market research to identify potential
suppliers, evaluate if the requirement is achievable,
and perform any pre-offer conferences or
communication
Market Research happens Is a process continuous through out all phases of the
in what phases of contracting life cycle
contracting life cycle?
, In planning the Buying activities should analyze risk that can take the
solicitation... form of performing make or by decisions, conducting a
supply or service determination, and understanding the
required schedule or needs of the customer.
Before finalizing the The contract manager will participate in choosing a
solicitation... contract type and contracting method, help determine
applicable regulations, and assist in building an
evaluation strategy for offers.
In response to a The seller will submit an offer
solicitation...
The offer must've line with the offerers overall sales
plan and overall risk category. determining which parts
The sellers offer should of the contract performance the offer will need
include assistance from partners, subcontractors, or vendors.
Communicate with the buying activity to make sure all
information has been provided
Practice questions for this set
Terms in this set (377)
,What are the three Pre-award, Award, and Post-award
contracting life cycle
phases
Define the pre-award Invokes all work performed by both the buyer (Gov't or
phase Prime Contractor) and seller (contractor or sub) in
communicating the buyer's requirements and providing
a solution to those requirements
Requirement definition, budgeting/funding process, and
What typically starts
acquisition planning.
before the contracting
process?
The pre-award phase Develop Solicitation (for our purpose, this is done by the
consist of what two Gov't or the contractor) and develop offer (this is
primary activities?
done by the contractor or sub)
In planning the solicitation The buying activity must assess the need and analyze the
requirement as well make sure that contract outcomes
will be measurable and properly incentivized. They
buying activity must also verify availability of funds.
Buying activities must also Conduct market research to identify potential
suppliers, evaluate if the requirement is achievable,
and perform any pre-offer conferences or
communication
Market Research happens Is a process continuous through out all phases of the
in what phases of contracting life cycle
contracting life cycle?
, In planning the Buying activities should analyze risk that can take the
solicitation... form of performing make or by decisions, conducting a
supply or service determination, and understanding the
required schedule or needs of the customer.
Before finalizing the The contract manager will participate in choosing a
solicitation... contract type and contracting method, help determine
applicable regulations, and assist in building an
evaluation strategy for offers.
In response to a The seller will submit an offer
solicitation...
The offer must've line with the offerers overall sales
plan and overall risk category. determining which parts
The sellers offer should of the contract performance the offer will need
include assistance from partners, subcontractors, or vendors.
Communicate with the buying activity to make sure all
information has been provided
