Exam Questions and CORRECT Answers
3 Phases of the Contracting Life Cycle include: - CORRECT ANSWER - 1. Pre-Award
2. Award
3. Post-Award
5 Stages of the Contracting Life Cycle include: - CORRECT ANSWER - 1. Acquisition
Planning
2. Solicitation
3. Evaluation
4. Award
5. Contract Administration
Industry best motivates contractors by - CORRECT ANSWER - exploring how business
strategies affect our partners, and how to establish a mutual business relationship with a
contractor.
Pre-Awarding involves: - CORRECT ANSWER - 1. Initial Planning & Forming the Team
2. Market Research
3. Defining Requirements (SOW/PWS/SOO/SPEC)
4. Acquisition Business Strategy
5. Releasing & Closing Solicitation
Awarding involves: - CORRECT ANSWER - 1. Evaluation
2. Negotiation
3. Award
4. Debriefs/Protests