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CON 3990V CERTIFICATION EXAM 2026/2027
COMPLETE ACCURATE EXAM ACTUAL
QUESTIONS AND CORRECT VERIFIED
ANSWERS (DETAILED ANSWERS)
Which of the following are exceptions to obtaining cetified cost of pricing data? -
Answer - Adequate price competition
Commercial items
Prices set bylaw
Source Selection Authority (SSA) - Answer - This individual makes the best value
decision and selects the award winner based on the evaluation criteria and factors
in the solicitation.
Source Selection Advisory Council (SSAC) - Answer - These individuals have
functional area expertise and support the SSA.
Procurement Contracting Officer (PCO) - Answer - The PCO muse ensure the
evaluation is conducted against the evaluation criteria, and then award the contract
according to the solicitation's terms and conditions.
Source Selection Evaluation Board (SSEB) - Answer - SSEB is comprised of a
Chairperson (overall mgmt) and Evaluators shall prepare documentation of the
final evaluation results.
Legal Counsel - Answer - is an integral part of the source of the source selection
process and is crucial in reviewing documentation for legal sufficiency as well as
providing legal advice throughout the selection process.
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Who is responsible for making the best value decision? - Answer - SSA
Who serves the primary business advisor for a source selection? - Answer - PCO
Which two evaluation factors shall be evaluated in every source selection? -
Answer - Price or cost and quality
You are the contracting officer on an acquisition program for development of the
Motorless Anti-Aircraft Tank. The acquisition will be developed .... Approval of
the SSP is the responsibility of? - Answer - Source Selection Authority (SSA)
True or False: To protect source selection information after the release of the
solicitation, only the SSA should take questions from protentional offerors. -
Answer - False
When using invitations for bids (IFBs), what type(s) of contracts can be awarded? -
Answer - Only firm-fixed-price contracts or fixed-price-contracts w/ economic
price adjustment
Which is not a type of contracting officer? - Answer - Executive contracting officer
Which FAR part sets forth the basic policies and general information about the
Federal Acquisition Regulations System? - Answer - FAR Part 1
How many FAR parts are there? - Answer - 53
Your customer comes to you anticipating a new requirement, one that has not been
purchased recently. You'd like to refer them to the FAR part dealing specifically
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with market research. Which FAR part do you refer them to? - Answer - FAR Part
10
Which term means the total cost to the Government of acquiring, operating,
supporting and (if applicable) disposing of the items being acquired? - Answer -
Life-cycle costs
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
CON 3990V CERTIFICATION EXAM 2026/2027
COMPLETE ACCURATE EXAM ACTUAL
QUESTIONS AND CORRECT VERIFIED
ANSWERS (DETAILED ANSWERS)
Which of the following are exceptions to obtaining cetified cost of pricing data? -
Answer - Adequate price competition
Commercial items
Prices set bylaw
Source Selection Authority (SSA) - Answer - This individual makes the best value
decision and selects the award winner based on the evaluation criteria and factors
in the solicitation.
Source Selection Advisory Council (SSAC) - Answer - These individuals have
functional area expertise and support the SSA.
Procurement Contracting Officer (PCO) - Answer - The PCO muse ensure the
evaluation is conducted against the evaluation criteria, and then award the contract
according to the solicitation's terms and conditions.
Source Selection Evaluation Board (SSEB) - Answer - SSEB is comprised of a
Chairperson (overall mgmt) and Evaluators shall prepare documentation of the
final evaluation results.
Legal Counsel - Answer - is an integral part of the source of the source selection
process and is crucial in reviewing documentation for legal sufficiency as well as
providing legal advice throughout the selection process.
,2|Page
Who is responsible for making the best value decision? - Answer - SSA
Who serves the primary business advisor for a source selection? - Answer - PCO
Which two evaluation factors shall be evaluated in every source selection? -
Answer - Price or cost and quality
You are the contracting officer on an acquisition program for development of the
Motorless Anti-Aircraft Tank. The acquisition will be developed .... Approval of
the SSP is the responsibility of? - Answer - Source Selection Authority (SSA)
True or False: To protect source selection information after the release of the
solicitation, only the SSA should take questions from protentional offerors. -
Answer - False
When using invitations for bids (IFBs), what type(s) of contracts can be awarded? -
Answer - Only firm-fixed-price contracts or fixed-price-contracts w/ economic
price adjustment
Which is not a type of contracting officer? - Answer - Executive contracting officer
Which FAR part sets forth the basic policies and general information about the
Federal Acquisition Regulations System? - Answer - FAR Part 1
How many FAR parts are there? - Answer - 53
Your customer comes to you anticipating a new requirement, one that has not been
purchased recently. You'd like to refer them to the FAR part dealing specifically
, 3|Page
with market research. Which FAR part do you refer them to? - Answer - FAR Part
10
Which term means the total cost to the Government of acquiring, operating,
supporting and (if applicable) disposing of the items being acquired? - Answer -
Life-cycle costs
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
