CON Exam 2
1. Multi-year contracting is a special contracting method. Special contracting methods are found
in FAR part ____. (exam)
16
17
12
13 - ANS -17
Which Indefinite delivery contract requires the customer to order and the seller to furnish a
guaranteed minimum? (exam)
Definite Quantity Contract
Requirements Contract
Indefinite Delivery/ Indefinite Quantity Contract
Basic Ordering Agreement - ANS -Indefinite Delivery/ Indefinite Quantity Contract
A Synopsis should be posted on:
(exam)
CCR
ORCA
FedBizOps
CPARS - ANS -FedBizOps
Which of the following is the Government's preferred method of describing agencies
requirements? (exam)
Design specification
Statement of work
Performance work statement
All of the answers are wrong - ANS -Performance work statement
What type of data is not included in the synopsis? (exam)
,Estimated quantity
Place of performance
Names of vendors bidding
Description of action - ANS -Names of vendors bidding
Contracting Officers must establish a response time that will afford potential offerors a
reasonable opportunity to respond to each proposed contract action. The normal response time
for Research and Development actions that exceed the Simplified Acquisition Threshold is:
(exam)
15 days
30 days
45 days
60 days - ANS -45 days
Contract actions between $______ and $25,000 must be posted in a public display area for
advertisement. (synopsis in GPE)
(exam)
$10,000
$15,000
$20,000
None of the answers are right - ANS -$15,000
Which contract type provides for upward and downward revision of stated contract price upon
the occurrence of specified contingencies
Cost Plus-Incentive-Fee
Fixed Price With an Economic Price Adjustment
Firm Fixed Price, Level of Effort Term
Time and Materials - ANS -Fixed Price With an Economic Price Adjustment
If a contracting officer wants to exercise an option and it is in the best interest of the
government, the contracting officer must include in the contract file a written justification known
as a/an ________.
Justification and Approval
Determination and Findings
Waiver
Deviation - ANS -Determination and Findings
, What contract type is appropriate for sealed bidding?
Cost-Plus-Fixed-Fee (CPFF)
Cost-Plus-Award-Fee (CPAF)
Firm-Fixed Price (FFP)
Time and Materials - ANS -Firm-Fixed Price (FFP)
When costs cannot be estimated with any certainty and work may not be clearly defined, you
should award a ___________contract.
Cost reimbursable
Firm Fixed Price
Fixed Price with Economic Price Adjustment
BPA - ANS -Cost reimbursable
___________ contracting is a special contracting method to acquire known requirements in
quantities and total cost not over planned requirements for up to 5 years unless otherwise
authorized by statute, even though the total funds ultimately to be obligated may not be
available at the time of contract award.
Multi-year
Award term
IDIQ
Economic Price Adjustment
(exam) - ANS -Multi-year
One exception to synopsizing on FedBizOps is unusual and compelling urgency.
TRUE
FALSE - ANS -true
A document sent to prospective contractors by a Government agency, requesting the
submission of offers or information is called a:
Synopsis
Contract
Modification
Solicitation - ANS -Solicitation
Which of the following is a factor in selecting contract type?
Price competition
1. Multi-year contracting is a special contracting method. Special contracting methods are found
in FAR part ____. (exam)
16
17
12
13 - ANS -17
Which Indefinite delivery contract requires the customer to order and the seller to furnish a
guaranteed minimum? (exam)
Definite Quantity Contract
Requirements Contract
Indefinite Delivery/ Indefinite Quantity Contract
Basic Ordering Agreement - ANS -Indefinite Delivery/ Indefinite Quantity Contract
A Synopsis should be posted on:
(exam)
CCR
ORCA
FedBizOps
CPARS - ANS -FedBizOps
Which of the following is the Government's preferred method of describing agencies
requirements? (exam)
Design specification
Statement of work
Performance work statement
All of the answers are wrong - ANS -Performance work statement
What type of data is not included in the synopsis? (exam)
,Estimated quantity
Place of performance
Names of vendors bidding
Description of action - ANS -Names of vendors bidding
Contracting Officers must establish a response time that will afford potential offerors a
reasonable opportunity to respond to each proposed contract action. The normal response time
for Research and Development actions that exceed the Simplified Acquisition Threshold is:
(exam)
15 days
30 days
45 days
60 days - ANS -45 days
Contract actions between $______ and $25,000 must be posted in a public display area for
advertisement. (synopsis in GPE)
(exam)
$10,000
$15,000
$20,000
None of the answers are right - ANS -$15,000
Which contract type provides for upward and downward revision of stated contract price upon
the occurrence of specified contingencies
Cost Plus-Incentive-Fee
Fixed Price With an Economic Price Adjustment
Firm Fixed Price, Level of Effort Term
Time and Materials - ANS -Fixed Price With an Economic Price Adjustment
If a contracting officer wants to exercise an option and it is in the best interest of the
government, the contracting officer must include in the contract file a written justification known
as a/an ________.
Justification and Approval
Determination and Findings
Waiver
Deviation - ANS -Determination and Findings
, What contract type is appropriate for sealed bidding?
Cost-Plus-Fixed-Fee (CPFF)
Cost-Plus-Award-Fee (CPAF)
Firm-Fixed Price (FFP)
Time and Materials - ANS -Firm-Fixed Price (FFP)
When costs cannot be estimated with any certainty and work may not be clearly defined, you
should award a ___________contract.
Cost reimbursable
Firm Fixed Price
Fixed Price with Economic Price Adjustment
BPA - ANS -Cost reimbursable
___________ contracting is a special contracting method to acquire known requirements in
quantities and total cost not over planned requirements for up to 5 years unless otherwise
authorized by statute, even though the total funds ultimately to be obligated may not be
available at the time of contract award.
Multi-year
Award term
IDIQ
Economic Price Adjustment
(exam) - ANS -Multi-year
One exception to synopsizing on FedBizOps is unusual and compelling urgency.
TRUE
FALSE - ANS -true
A document sent to prospective contractors by a Government agency, requesting the
submission of offers or information is called a:
Synopsis
Contract
Modification
Solicitation - ANS -Solicitation
Which of the following is a factor in selecting contract type?
Price competition
