BACK TO BASICS CONTRACTING EXAM
REVIEW QUESTIONS & ANSWERS
RATED 100% CORRECT!!
1 of 82
Term
Who is included in the Acquisition Team according to FAR 1.102-3?
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The Seller or the contractor has The UCF is required for any
responsibility for quality during commercial contract above SAT and is
contract performance in the post- recommended for commercial
award phase. contracts below SAT.
, The Acquisition Team
includes the Customer (end- The contracting officer must obtain
user), Tech Personnel, written assurance of available
Contracting funds or expressly condition the
Personnel, and Contractor contract upon the availability of
Personnel. funds.
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2 of 82
Term
What is an exception to obtaining certified cost or pricing data?
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An exception to obtaining
certified cost or pricing data is Termination for Cause is similar to
when adequate price a default termination and
competition exists. applies to commercial contract
formats.
Market Research is a continuous The contracting officer must obtain
process in all phases of the contract written assurance of available funds
life cycle. or expressly condition the contract
upon the availability of funds.
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3 of 82
Term
,How much time does a contracting officer have to render a
Contracting Officer's Final Decision (COFD) from the date of a
certified claim?
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The guiding principles and technical competencies in the DoD contracting
competency model are referred to as Guiding Principles and Technical
Competencies.
Commercial item ONLY/always, unless otherwise stated - Time and Material
contract).
Contracting officers have 60 days to render a COFD from the date of a
certified claim.
Yes, federal employees are prohibited from soliciting or accepting such gifts.
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4 of 82
Term
What are the two types of contract modifications?
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, 1. Develop Solicitation and 2. Develop Offer.
Exercising an option is unilateral, and admin change is unilateral. Negotiated
equitable adjustment is bilateral, an agreement definitizing a letter contract is
bilateral, modifying terms and conditions is bilateral, and issuing a change order
is bilateral (usually) but can be unilateral.
Unilateral and Bilateral.
Termination for Convenience and Termination for Default.
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5 of 82
Term
Communications may be conducted to enhance Government
understanding of proposals
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True False
A CPARS report is required at least The UCF is required for any
annually for contracts commercial contract above SAT and
exceeding
REVIEW QUESTIONS & ANSWERS
RATED 100% CORRECT!!
1 of 82
Term
Who is included in the Acquisition Team according to FAR 1.102-3?
Give this one a try later!
The Seller or the contractor has The UCF is required for any
responsibility for quality during commercial contract above SAT and is
contract performance in the post- recommended for commercial
award phase. contracts below SAT.
, The Acquisition Team
includes the Customer (end- The contracting officer must obtain
user), Tech Personnel, written assurance of available
Contracting funds or expressly condition the
Personnel, and Contractor contract upon the availability of
Personnel. funds.
Don't know?
2 of 82
Term
What is an exception to obtaining certified cost or pricing data?
Give this one a try later!
An exception to obtaining
certified cost or pricing data is Termination for Cause is similar to
when adequate price a default termination and
competition exists. applies to commercial contract
formats.
Market Research is a continuous The contracting officer must obtain
process in all phases of the contract written assurance of available funds
life cycle. or expressly condition the contract
upon the availability of funds.
Don't know?
3 of 82
Term
,How much time does a contracting officer have to render a
Contracting Officer's Final Decision (COFD) from the date of a
certified claim?
Give this one a try later!
The guiding principles and technical competencies in the DoD contracting
competency model are referred to as Guiding Principles and Technical
Competencies.
Commercial item ONLY/always, unless otherwise stated - Time and Material
contract).
Contracting officers have 60 days to render a COFD from the date of a
certified claim.
Yes, federal employees are prohibited from soliciting or accepting such gifts.
Don't know?
4 of 82
Term
What are the two types of contract modifications?
Give this one a try later!
, 1. Develop Solicitation and 2. Develop Offer.
Exercising an option is unilateral, and admin change is unilateral. Negotiated
equitable adjustment is bilateral, an agreement definitizing a letter contract is
bilateral, modifying terms and conditions is bilateral, and issuing a change order
is bilateral (usually) but can be unilateral.
Unilateral and Bilateral.
Termination for Convenience and Termination for Default.
Don't know?
5 of 82
Term
Communications may be conducted to enhance Government
understanding of proposals
Give this one a try later!
True False
A CPARS report is required at least The UCF is required for any
annually for contracts commercial contract above SAT and
exceeding
