OP CON 3900 UPDATED 2025-2026
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EXAM WITH Q&A 100%
GUARANTEED ACCURATE
ANSWERS {CLEANEST VERSION}
ixed Price - CORRECT ANSWER-When choosing a contract type, risk associated
F
with the work to be performed is the most important factor.
ixed price places maximum risk and responsibility for all costs and resulting profits or
F
loss on the contractor.
If contractor is not efficient they may experience a loss because the price is fixed.
ost Reimbursement - CORRECT ANSWER-Require contractors to put forth a "best
C
effort" to perform and provide payment of the allowable, allocable and reasonable
incurred costs.
Estimate total cost , place a ceiling.
Protest - CORRECT ANSWER-A written objection by an interested party to:
- A solicitation or other request by an agency
- The cancellation of the solicitation or request
- An award or proposed award of a contract
- A termination or cancellation of an award
ost Contracts - CORRECT ANSWER-When contracting on a cost-reimbursement
C
basis, evaluations shall include a cost-realism analysis to determine:
- What the government should realistically be expected to pay for the proposed effort
- Offeror's understanding of the work
-Offeror's ability to perform the contract
ermination for Default - CORRECT ANSWER-Only used when it is in the
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government's best interest.
, he exercise of the government's contractual right to completely or partially terminate a
T
contract because of the contractor's actual or anticipated failure to perform their
contractual obligations.
Termination for Cause - CORRECT ANSWER-52.212-4
- Permits the government to terminate a contract for commercial products and services,
either for convenience or for cause
- KO should consult with counsel before terminating for cause
- Government's preferred remedy will be to acquire similar products from another
contractor and to charge the defaulted contractor for any excess/re-procurement costs
with incidental or consequential damages incurred
ealed Bidding - CORRECT ANSWER-Use if...
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- Time permits the solicitation, submission and evaluation of sealed bids
- The award will be made on a basis of price and other price-related factors
- It is not necessary to conduct discussions
- There is a reasonable expectation of receiving more than one bid
rice - CORRECT ANSWER-- Price means cost plus any fee or profit applicable to the
P
contract types
- Pricing = the process of establishing a reasonable amount to be paid in for supplies
and services
- FFP or economic adjustment ----> comparing proposed prices will usually satisfy the
requirement to perform a price analysis (adequate price competition)
- Price Analysis used for commercial items
ertified Cost or Pricing Data - CORRECT ANSWER-NOT Required:
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- Under SAT
-Adequate price competition exists (two or more responsible bidders)
- Prices set by law or regulation
- Commercial products or services
- Waiver has been granted
* Threshold for requiring certified cost or pricing data is $2M
*When it is required cost analysis shall be performed
*Price analysis should be performed too to determine fair and reasonable price
ure Notice - CORRECT ANSWER-Is sent to the contract when:
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- Contractor fails to make progress and performance is endangered
T
EXAM WITH Q&A 100%
GUARANTEED ACCURATE
ANSWERS {CLEANEST VERSION}
ixed Price - CORRECT ANSWER-When choosing a contract type, risk associated
F
with the work to be performed is the most important factor.
ixed price places maximum risk and responsibility for all costs and resulting profits or
F
loss on the contractor.
If contractor is not efficient they may experience a loss because the price is fixed.
ost Reimbursement - CORRECT ANSWER-Require contractors to put forth a "best
C
effort" to perform and provide payment of the allowable, allocable and reasonable
incurred costs.
Estimate total cost , place a ceiling.
Protest - CORRECT ANSWER-A written objection by an interested party to:
- A solicitation or other request by an agency
- The cancellation of the solicitation or request
- An award or proposed award of a contract
- A termination or cancellation of an award
ost Contracts - CORRECT ANSWER-When contracting on a cost-reimbursement
C
basis, evaluations shall include a cost-realism analysis to determine:
- What the government should realistically be expected to pay for the proposed effort
- Offeror's understanding of the work
-Offeror's ability to perform the contract
ermination for Default - CORRECT ANSWER-Only used when it is in the
T
government's best interest.
, he exercise of the government's contractual right to completely or partially terminate a
T
contract because of the contractor's actual or anticipated failure to perform their
contractual obligations.
Termination for Cause - CORRECT ANSWER-52.212-4
- Permits the government to terminate a contract for commercial products and services,
either for convenience or for cause
- KO should consult with counsel before terminating for cause
- Government's preferred remedy will be to acquire similar products from another
contractor and to charge the defaulted contractor for any excess/re-procurement costs
with incidental or consequential damages incurred
ealed Bidding - CORRECT ANSWER-Use if...
S
- Time permits the solicitation, submission and evaluation of sealed bids
- The award will be made on a basis of price and other price-related factors
- It is not necessary to conduct discussions
- There is a reasonable expectation of receiving more than one bid
rice - CORRECT ANSWER-- Price means cost plus any fee or profit applicable to the
P
contract types
- Pricing = the process of establishing a reasonable amount to be paid in for supplies
and services
- FFP or economic adjustment ----> comparing proposed prices will usually satisfy the
requirement to perform a price analysis (adequate price competition)
- Price Analysis used for commercial items
ertified Cost or Pricing Data - CORRECT ANSWER-NOT Required:
C
- Under SAT
-Adequate price competition exists (two or more responsible bidders)
- Prices set by law or regulation
- Commercial products or services
- Waiver has been granted
* Threshold for requiring certified cost or pricing data is $2M
*When it is required cost analysis shall be performed
*Price analysis should be performed too to determine fair and reasonable price
ure Notice - CORRECT ANSWER-Is sent to the contract when:
C
- Contractor fails to make progress and performance is endangered
