It is the Government's pricing policy to purchase supplies and services at fair and
reasonable prices from:
- Responsive sources
- Responsible sources
- Sources that offer the lowest possible price
- The smallest set of sources - Answer -- Responsible sources
FAR 15.402
What are the two types of negotiated acquisitions?
- Sole source and competitive
- Sole source and single source
- Source selection and competitive
- Single source and face-to-face - Answer -- Sole source and competitive
FAR 15.002
What is the objective of a source selection?
- To select the proposal with the lowest price
- To select the proposal with advancements in technology
- To select the proposal that represents the best value
- To select the proposal with the fewest rewrites - Answer -- To select the proposal that
represents the best value
FAR 15.302
Which acquisition situation would warrant an exception to the requirement for certified
cost or pricing data?
- Sole source award
- Commercial item acquisition
- Major weapon system acquisition
- Small business award - Answer -- Commercial item acquisition
FAR 15.403
A proposal submission time and date of 2pm on February 3, 2020, appeared on the
cover page of a Government solicitation. Based on the information provided at FAR
52.215-1, Instructions to Offerors - Competitive Acquisitions, which of the following
proposals is late?
- The contractor provided its proposal at 2:15pm on February 3, 2020.
- The contractor provided its proposal on January 25, 2020.
- The contractor sent a proposal electronically at 1:30pm on February 2, 2020; however,
the Government did not receive the proposal unit February 4, 2020, due to the
Government server being down for repairs. The contractor had proof of the server
failure.
- The contractor physically delivered their proposal at 11am on Tuesday, February 4,
2020, due to the fact that at 1pm on February 3, there was a bomb scare that shut down
, the Government contracts office for the remainder of the day precluding physical
delivery of their propos - Answer -- The contractor provided its proposal at 2:15pm on
February 3, 2020.
FAR 52.215-1(c)(3)
When a contractor submits a Certificate of Current Cost or Pricing data, it is certifying
that:
- All contractor data "sweeps" have been accomplished.
- Negotiations have been completed, and the parties have come to agreement.
- The data submitted in support of a negotiations are current, accurate, and complete.
- The data it submitted to support negotiations has been properly notarized. - Answer --
The data submitted in support of a negotiations are current, accurate, and complete.
FAR 15.406-2
Which of the following are limited exchanges between the Government and offerors that
may occur when award without discussions is contemplated?
- Negotiations
- Discussions
- Clarifications
- Communications - Answer -- Clarifications
FAR 15.306(a)
Negotiating positions should be developed through which of the following?
- Price or cost analysis
- The independent Government cost estimate (IGCE)
- Always using a should cost analysis
- Solely on the price analyst's judgment - Answer -- Price or cost analysis
FAR 15.405(a)
Which of the following documents would the contracting officer use to document the
purpose, description, and outcome of negotiations?
- Price Negotiation Memorandum (PNM)
- Standard Form 1409, Abstract of offers
- Certificate of Current Cost or Pricing Data
- Standard Form 30, Amendment of Solicitation/Modification of Contract - Answer --
Price Negotiation Memorandum (PNM)
FAR 15.406-3(a)
Where in the FAR is contracting by negotiation covered?
- FAR part 12
- FAR part 13
- FAR part 14
- FAR part 15 - Answer -- FAR part 15
During discussions, the contracting officer: