Question 1
2 out of 2 points
After the closing date for receipt of proposals, Yellow informed the contracting officer (KO) that
there was a problem with their proposal. Yellow acknowledged that its proposal did not satisfy
solicitation requirements and requested that it be allowed to offer a different design to satisfy
the solicitation requirements. The KO conferred with Yellow and permitted them to revise their
proposal. Which statement is TRUE regarding the KO’s action?
Selected b.
Answer:
Unless the other offerors were allowed an opportunity to revise their proposals,
the KO’s decision represents an unfair competitive advantage and is a protestable
action.
Answers: a.
The KO’s decision was proper since Yellow was only attempting to clarify its
proposal and clarifications may be used to cure proposal deficiencies or material
omissions, materially alter the technical or cost elements of the proposal, or
otherwise revise the proposal.
b.
Unless the other offerors were allowed an opportunity to revise their proposals,
the KO’s decision represents an unfair competitive advantage and is a protestable
action.
c.
The KO’s decision to accept a revised proposal from Yellow was appropriate even
if the identified concerns were deficiencies and could only have been corrected
through discussions.
, d.
Even if the agency found Yellow’s proposal to be technically unacceptable, the
agency was still required to consider the Yellow’s lower proposed price in its
tradeoff decision.
Response Feedback: That is correct!
Question 2
2 out of 2 points
The PCO’s role as a business advisor is paramount in the source selection process. Given an
acquisition program with an estimated value of $105 million, select the response that accurately
reflects one of the PCO’s specific responsibilities during a source selection of this value.
Selected a.
Answer:
Ensure that procedures exist to safeguard source selection information and
contractor bid or proposal information.
Answers: a.
Ensure that procedures exist to safeguard source selection information and
contractor bid or proposal information.
b.
Directly oversee the evaluation team to ensure the evaluation is conducted in
accordance with the evaluation criteria specified in the solicitation.
, c.
Select the source whose proposal represents the best value to the Government.
d.
Makes a determination to award without discussions or to enter into
discussions.
Response Feedback: That is correct!
Question 3
2 out of 2 points
You have a contract that seems ready for closeout. Your research indicates that the contract is
physically complete; even though the final invoice has not yet been paid. According to FAR
4.804-4, a “physically complete” contract includes which one of the following conditions?
Selected Answer: b.
All option provisions have expired
Answers: a.
The past performance information has been completed
b.
All option provisions have expired
, c.
Pending claims are with the final arbiter.
d.
All payments (except for the final payment) have been made
Response Feedback: Correct
Question 4
2 out of 2 points
Which statement is NOT true regarding cost realism analysis?
Selected a.
Answer:
You are limited to making upward adjustments as you develop a probable cost
estimate.
Answers: a.
You are limited to making upward adjustments as you develop a probable cost
estimate.
b.
You may use cost realism analysis as a factor in evaluating the offeror's
understanding of contract technical requirements and the risk associated with the
offeror's technical proposal.
2 out of 2 points
After the closing date for receipt of proposals, Yellow informed the contracting officer (KO) that
there was a problem with their proposal. Yellow acknowledged that its proposal did not satisfy
solicitation requirements and requested that it be allowed to offer a different design to satisfy
the solicitation requirements. The KO conferred with Yellow and permitted them to revise their
proposal. Which statement is TRUE regarding the KO’s action?
Selected b.
Answer:
Unless the other offerors were allowed an opportunity to revise their proposals,
the KO’s decision represents an unfair competitive advantage and is a protestable
action.
Answers: a.
The KO’s decision was proper since Yellow was only attempting to clarify its
proposal and clarifications may be used to cure proposal deficiencies or material
omissions, materially alter the technical or cost elements of the proposal, or
otherwise revise the proposal.
b.
Unless the other offerors were allowed an opportunity to revise their proposals,
the KO’s decision represents an unfair competitive advantage and is a protestable
action.
c.
The KO’s decision to accept a revised proposal from Yellow was appropriate even
if the identified concerns were deficiencies and could only have been corrected
through discussions.
, d.
Even if the agency found Yellow’s proposal to be technically unacceptable, the
agency was still required to consider the Yellow’s lower proposed price in its
tradeoff decision.
Response Feedback: That is correct!
Question 2
2 out of 2 points
The PCO’s role as a business advisor is paramount in the source selection process. Given an
acquisition program with an estimated value of $105 million, select the response that accurately
reflects one of the PCO’s specific responsibilities during a source selection of this value.
Selected a.
Answer:
Ensure that procedures exist to safeguard source selection information and
contractor bid or proposal information.
Answers: a.
Ensure that procedures exist to safeguard source selection information and
contractor bid or proposal information.
b.
Directly oversee the evaluation team to ensure the evaluation is conducted in
accordance with the evaluation criteria specified in the solicitation.
, c.
Select the source whose proposal represents the best value to the Government.
d.
Makes a determination to award without discussions or to enter into
discussions.
Response Feedback: That is correct!
Question 3
2 out of 2 points
You have a contract that seems ready for closeout. Your research indicates that the contract is
physically complete; even though the final invoice has not yet been paid. According to FAR
4.804-4, a “physically complete” contract includes which one of the following conditions?
Selected Answer: b.
All option provisions have expired
Answers: a.
The past performance information has been completed
b.
All option provisions have expired
, c.
Pending claims are with the final arbiter.
d.
All payments (except for the final payment) have been made
Response Feedback: Correct
Question 4
2 out of 2 points
Which statement is NOT true regarding cost realism analysis?
Selected a.
Answer:
You are limited to making upward adjustments as you develop a probable cost
estimate.
Answers: a.
You are limited to making upward adjustments as you develop a probable cost
estimate.
b.
You may use cost realism analysis as a factor in evaluating the offeror's
understanding of contract technical requirements and the risk associated with the
offeror's technical proposal.
