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CON 1400V - Final Exam Questions and
Correct Answers/ Latest Update / Already
Graded
Which of the following is a key element of a contract administration
plan?
A listing of contract terms and conditions related to administration
Contractor performance milestones
Names, positions, authorities, and limitations of authority for contract
administration team members
All of the above
Ans: All of the above
The first task in the contract administration process is to:
Review the contract file to identify critical contract requirements and
clauses
Debrief all offerors not selected for award
Develop a contract administration plan
Request that the contractor sign a release of claims
All rights reserved © 2025/ 2026 |
, Page |2
Ans: Review the contract file to identify critical contract
requirements and clauses
Generally, government contracts do not hold contractors liable for loss
of government property if the property is provided under which
contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold
Ans: Cost-reimbursement contracts
True or false: It is the contracting officer's responsibility to identify and
demand payment of contractor debt.
True
False
Ans: True
All rights reserved © 2025/ 2026 |
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What part of the FAR identifies the required contract file
documentation?
FAR 4.804
FAR 4.803
FAR Subpart 4.7
FAR Subpart 4.6
Ans: FAR 4.803
Before exercising an option, what must the contracting officer
determine?
Funds are available
The option was synopsized in accordance with FAR Part 5
The requirement covered by the option fulfills an existing government
need
All of the above
Ans: All of the above
What process is described in the following statement?
All rights reserved © 2025/ 2026 |
CON 1400V - Final Exam Questions and
Correct Answers/ Latest Update / Already
Graded
Which of the following is a key element of a contract administration
plan?
A listing of contract terms and conditions related to administration
Contractor performance milestones
Names, positions, authorities, and limitations of authority for contract
administration team members
All of the above
Ans: All of the above
The first task in the contract administration process is to:
Review the contract file to identify critical contract requirements and
clauses
Debrief all offerors not selected for award
Develop a contract administration plan
Request that the contractor sign a release of claims
All rights reserved © 2025/ 2026 |
, Page |2
Ans: Review the contract file to identify critical contract
requirements and clauses
Generally, government contracts do not hold contractors liable for loss
of government property if the property is provided under which
contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold
Ans: Cost-reimbursement contracts
True or false: It is the contracting officer's responsibility to identify and
demand payment of contractor debt.
True
False
Ans: True
All rights reserved © 2025/ 2026 |
, Page |3
What part of the FAR identifies the required contract file
documentation?
FAR 4.804
FAR 4.803
FAR Subpart 4.7
FAR Subpart 4.6
Ans: FAR 4.803
Before exercising an option, what must the contracting officer
determine?
Funds are available
The option was synopsized in accordance with FAR Part 5
The requirement covered by the option fulfills an existing government
need
All of the above
Ans: All of the above
What process is described in the following statement?
All rights reserved © 2025/ 2026 |
