CON 3990V Certification Exam Test Questions And Answers Verified 100% Correct

CON 3990V Certification Exam Test Questions And Answers Verified 100% Correct Where in the FAR can you find guidance on how to establish, maintain, and dispose of Government contract files? - ANSWER -FAR Part 4 (Administrative & Information Matters) Which FAR Part is the best source of information regarding competition requirements? - ANSWER -FAR Part 6 (Competition Requirements) Where is in the FAR is contracting by negotiation covered? - ANSWER -FAR Part 15 Contractors are required to certify that a claim is made in good faith when submitting any claim exceeding: - ANSWER -$100,000 One of the proper protest venues is the: - ANSWER -U.S. Court of Federal Claims What FAR Part covers protest/ - ANSWER -FAR Part 33 Which FAR part is titled "Subcontracting Policies and Procedures"? - ANSWER FAR Part 44 You've received a claim on your contract. The contractor is required to certify its claim above what amount? - ANSWER -$100,000 What FAR Part covers terminations? - ANSWER -FAR Part 49 What FAR Part is Special Contracting Methods? - ANSWER -FAR Part 17 What FAR Part has bonds and insurance? - ANSWER -FAR Part 28 Emergency Acquisitions is which FAR Part? - ANSWER -FAR Part 18 What is FAR Part 5? - ANSWER -Publicizing Contract Actions What is FAR Part 2? - ANSWER -Definitions of Words and Terms What is FAR Part 3? - ANSWER -Improper Business Practices and Personal Conflicts of Interest What is FAR Part 11? - ANSWER -Describing Agency Needs What is FAR Part 10? - ANSWER -Market Research What is FAR Part 7? - ANSWER -Acquisition Planning What is FAR Part 53? - ANSWER -Forms What FAR Part has Provisions & Contract Clauses? - ANSWER -FAR Part 52 Termination of Contracts is which FAR Part? - ANSWER -FAR Part 49 What FAR Part is Quality Assurance? - ANSWER -FAR Part 46 What is FAR Part 45? - ANSWER -Government Property What is FAR Part 44? - ANSWER -Subcontracting Policies and Procedures What is FAR Part 43? - ANSWER -Contract Modifications What is FAR Part 42? - ANSWER -Contract Administration and Audit Services What is FAR Part is 33? - ANSWER -Protests, Disputes & Appeal What is FAR Part 31? - ANSWER -Contract Cost Principles and Procedures What is FAR Part 9? - ANSWER -Contractor Qualifications What is FAR Part 15? - ANSWER -Contracting by Negotiation What is FAR Part 4? - ANSWER -Administrative and Information Matters What is FAR Part 13? - ANSWER -Simplified Acquisition Procedures What is FAR Part 19? - ANSWER -Small Business Programs What is FAR Part 12? - ANSWER -Acquisition of Commercial Items What is FAR Part 16? - ANSWER -Types of Contracts What is FAR Part 8? - ANSWER -Required Sources of Supplies and Services What is FAR Part 14? - ANSWER -Sealed Bidding FAR 13.004 states that ________________ - ANSWER -a quotation is not an offer, and consequently, cannot be accepted by the government to form a binding contract. FAR 13.106-2(a)(2) tells us that the contracting officer shall evaluate quotations or offers on the __________ - ANSWER -basis established in the solicitation What are the two broad categories of contract types? - ANSWER -Cost reimbursement Fixed Price True or False: A cost reimbursement type contract places upon the contractor maximum risk and responsibility for all costs and resulting profit or loss. - ANSWER -False True or False: Cost-reimbursement types of contracts require the contractor to put forth a best effort to perform, and provide for payment of the contractor's allowable, allocable and reasonable incurred costs. - ANSWER -True