CON 7800 COMMERCIAL ACQUISITION QUESTIONS AND
CORRECT ANSWERS|GRADED A+ |VERIFIED ANSWERS|
SCENARIO: You have been unable to obtain market pricing to perform
a price analysis and the offeror has been unable to provide information
on recent prices pald by the goverment and commercial customers for
the same or similar product under sumilar terres and condibons.
What other information should the contracting officer request from the
offeror to aid in making a price reasonableness determination? (Select
three that apply). Correct Answers Prices paid for alternative solutions
or approaches.
Prices paid for the same or similar products sold under different terms
and conditions.
Prices paid for similar levels of work or effort on related products.
Mark for follow up »
Which changes could trigger a price adjustment to the baseline pricing
models? (Select all that apply). Correct Answers A change in quantity
A change in financing terms
Changes in other complexity factors
An escalation in material prices
SCENARIO: You have been assigned as the procuring contracting
officer for a services contract. You have assigned your contract
specialist to research past procurements of the same or similar services
to help determine whether your potential acquisition will meet the
, definition of a commercial service. To assist them with market research,
your assigned contract specialist asks you to describe the characteristics
of commercial services. Correct Answers WRONG- "Services that could
be offered or sold competitively, in substantial quantities, in the
commercial
SCENARIO: Three offerors have submitted prices on a firm-fixed-price
solicitation. You have done your due diligence to ensure there is no
collusion. You have evaluated the offers to ensure that the selected
offeror is responsible, and their price is fair and reasonable.
Which represents a reasonable next step? Correct Answers WRONG-
Obtain certified cost or pricing data from each offeror.
SCENARIO: You are performing a price analysis for a product
procurement. Your colleague suggests using the parametric cost
estimating techniques Correct Answers Information pertaining to
characteristics of the product that might have an influence on the price.
SCENARIO: You are looking at catalog pricing data as part of the
market research to determine a fair and reasonable price for a proposed
service.
Which statement is true about catalog pricing Correct Answers If a
company routinely provides various discounts off its established catalog
price, then the catalog price would not be reliable to determine a fair and
reasonable price.
Why is the commercial determination such a big deal? Doesn't
commercial just mean commercially available off-the-shelf Correct
CORRECT ANSWERS|GRADED A+ |VERIFIED ANSWERS|
SCENARIO: You have been unable to obtain market pricing to perform
a price analysis and the offeror has been unable to provide information
on recent prices pald by the goverment and commercial customers for
the same or similar product under sumilar terres and condibons.
What other information should the contracting officer request from the
offeror to aid in making a price reasonableness determination? (Select
three that apply). Correct Answers Prices paid for alternative solutions
or approaches.
Prices paid for the same or similar products sold under different terms
and conditions.
Prices paid for similar levels of work or effort on related products.
Mark for follow up »
Which changes could trigger a price adjustment to the baseline pricing
models? (Select all that apply). Correct Answers A change in quantity
A change in financing terms
Changes in other complexity factors
An escalation in material prices
SCENARIO: You have been assigned as the procuring contracting
officer for a services contract. You have assigned your contract
specialist to research past procurements of the same or similar services
to help determine whether your potential acquisition will meet the
, definition of a commercial service. To assist them with market research,
your assigned contract specialist asks you to describe the characteristics
of commercial services. Correct Answers WRONG- "Services that could
be offered or sold competitively, in substantial quantities, in the
commercial
SCENARIO: Three offerors have submitted prices on a firm-fixed-price
solicitation. You have done your due diligence to ensure there is no
collusion. You have evaluated the offers to ensure that the selected
offeror is responsible, and their price is fair and reasonable.
Which represents a reasonable next step? Correct Answers WRONG-
Obtain certified cost or pricing data from each offeror.
SCENARIO: You are performing a price analysis for a product
procurement. Your colleague suggests using the parametric cost
estimating techniques Correct Answers Information pertaining to
characteristics of the product that might have an influence on the price.
SCENARIO: You are looking at catalog pricing data as part of the
market research to determine a fair and reasonable price for a proposed
service.
Which statement is true about catalog pricing Correct Answers If a
company routinely provides various discounts off its established catalog
price, then the catalog price would not be reliable to determine a fair and
reasonable price.
Why is the commercial determination such a big deal? Doesn't
commercial just mean commercially available off-the-shelf Correct
