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FAC-C CORE EXAM MANUAL UPDATED QUESTIONS AND ANSWERS GRADED A+

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FAC-C CORE EXAM MANUAL UPDATED QUESTIONS AND ANSWERS GRADED A+

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FAC-C STUDY EXAM GUIDE UPDATED QUESTIONS AND
ANSWERS GRADED A+
✔✔Cost or Pricing Data Exception - ✔✔Exceptions include adequate price competition.

✔✔Requirement Specification - ✔✔State requirements in terms of functions performed.

✔✔Incorporation of Provisions - ✔✔Incorporate by reference unless full text required.

✔✔Solicitation Amendments - ✔✔Amendments sent to all parties receiving solicitation.

✔✔Industry Information Exchange - ✔✔Improves understanding of requirements and
capabilities.

✔✔Technical Evaluation Components - ✔✔Includes product literature and technical
features.

✔✔Market Research Conduct - ✔✔Conducted appropriately based on circumstances.

✔✔Solicitation Title - ✔✔Correct title for negotiated procedures is RFP.

✔✔Contract Action Synopsizing - ✔✔Required for contracts expected over $25,000.

✔✔Exchange Focal Point - ✔✔Contracting officer is the main contact post-solicitation.

✔✔Response Principle - ✔✔Fairness is key in responding to offeror questions.

✔✔FAR Part 12 Contract Type - ✔✔Firm-fixed-price is appropriate under FAR Part 12.

✔✔Publicizing Contract Actions - ✔✔CO must publicize actions in GPE.

✔✔Response Time for Offerors - ✔✔Allow a different response time for each potential
offeror in order to promote better competition.

✔✔Common Response Time - ✔✔Establish a common response time for all offerors
from the date of publication.

✔✔Independent Government Estimate - ✔✔Include the independent government
estimate for the requirement.

✔✔Current Budget - ✔✔Include the most current budget for the resulting contract.

✔✔Contract Line Items Reorganization - ✔✔One day after publicizing and releasing a
solicitation, the contracting officer realizes that the contract line items need to be

, reorganized. What must the contracting officer do? Amend the solicitation, changing the
contract line item.

✔✔FAR Part for Competition Requirements - ✔✔Which FAR part is the best source of
information regarding competition requirements? FAR part 6.

✔✔Modification Form for Purchase Order - ✔✔You are a DoD contracting officer and
have used simplified acquisition procedures under FAR part 13 to award a commercial
purchase order for supplies. The most appropriate form to use should you need to
modify your purchase order is Standard Form 30, Amendment of
Solicitation/Modification of Contract.

✔✔Pricing Strategy in Competitive Environment - ✔✔A contractor is developing their
pricing strategy in a competitive environment. This pricing strategy is referred to as
Buying-in.

✔✔Contract Data Requirements List (CDRL) - ✔✔When administering a large dollar
non-commercial weapons contract, the contracting officer asks to see the Contract Data
Requirements List (CDRL) in Exhibit B. You would refer to Section J.

✔✔Evaluation Factors in UCF - ✔✔In evaluating a solicitation, the section of the uniform
contract format (UCF) that contains information to the offeror regarding the evaluation
factors and subfactors the government will use to evaluate the offeror's proposal is
Section M.

✔✔Proposal Page Limit - ✔✔To determine the page limit for your proposal, you should
review Section L - Instructions, conditions, and notices to offerors or respondents.

✔✔Government Business Opportunities - ✔✔Which of the following is specifically set up
to help firms view current government business opportunities? The governmentwide
point of entry (GPE).

✔✔Objective of Source Selection - ✔✔The objective of a source selection is to select
the proposal that represents the best value.

✔✔Government's Pricing Policy - ✔✔It is the government's pricing policy to purchase
supplies and services at fair and reasonable prices from responsible sources.

✔✔Excluded Costs in Proposal - ✔✔When a potential contractor is developing a
proposal where cost analysis will be performed, the potential contractor will need to
ensure it has excluded expressly unallowable costs from the proposal.

✔✔Types of Negotiated Acquisitions - ✔✔The two types of negotiated acquisitions are
Sole source and competitive.

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