CON 2370 Simplified Acquisition Procedures Study
Guide questions with verified answers
Only one quote was received in response to your competitive solicitation for
Government-unique tool kits that utilized the lowest price technically acceptable
source selection process. The quote, from Tool Warehouse, was determined to be
technically acceptable and was for a price of $124,500.
Which one of the following statements about the award decision is correct?
Ans✓✓✓ Not - The requirement must be resolicited in order to obtain
competition
Award can be made to Tool Warehouse only if the price can be determined
reasonable based on comparison to the IGE
x Award can be made to Tool Warehouse if the price can be determined
reasonable using any reasonable basis
Award can only be made to Tool Warehouse after obtaining approval for the
absence of competition
Six quotes were received in response to your solicitation for new office
equipment that utilized the lowest price technically acceptable source selection
process. The quotes submitted by vendors A, B, and D were determined to be
technically acceptable.
Vendor A quoted a price of $146,500;Vendor B quoted a price of $128,250; and
Vendor D quoted a price of $132,800.
,Which one of the following statements about the award decision is correct?
Ans✓✓✓ Vendor B is the apparent awardee and price reasonableness would be
based on competition
Take 15 Ans✓✓✓ take 15
Three quotes were received in response to your solicitation for training services.
Evaluation was based on a tradeoff between price and past performance. The
assigned past performance ratings and quoted prices were as follows:
Vendor A - Unacceptable, $216,150;
Vendor B - Acceptable, $248,500; and
Vendor C - Outstanding, $237,200.
Which one of the following statements about the award decision is correct?
Ans✓✓✓ There is not enough information to determine an apparent awardee
Not - Vendor B is the apparent awardee and price reasonableness could be based
on any reasonable basis
Not - Vendor A is the apparent awardee and price reasonableness would be based
on competition.
Vendor C is the apparent and price reasonableness would be based on
competition
Which one of the following is correct regarding documenting the award of a buy
using SAP? Ans✓✓✓ Not - Award documentation must be extensive and detailed
, Not - Records of oral price quotations are not required
Records of oral price quotations must be established to clearly reflect the
appropriateness of the award decision.
Which one of the following is NOT a mandatory Government source for satisfying
a supply requirement? Ans✓✓✓ Not - Excess from other agencies
Not - Wholesale supply sources
x Commercial sources
Federal Prison Industries, Inc.
Which one of the following is NOT correct regarding documenting the award of a
buy using SAP? Ans✓✓✓ Maybe not - Records of oral price quotations must be
established to clearly reflect the appropriateness of the award decision.
Not - Price reasonableness should be based on competitive quotes or offers
whenever possible.
Not - A statement of price reasonableness is not required when only one quote or
offer is received.
Guide questions with verified answers
Only one quote was received in response to your competitive solicitation for
Government-unique tool kits that utilized the lowest price technically acceptable
source selection process. The quote, from Tool Warehouse, was determined to be
technically acceptable and was for a price of $124,500.
Which one of the following statements about the award decision is correct?
Ans✓✓✓ Not - The requirement must be resolicited in order to obtain
competition
Award can be made to Tool Warehouse only if the price can be determined
reasonable based on comparison to the IGE
x Award can be made to Tool Warehouse if the price can be determined
reasonable using any reasonable basis
Award can only be made to Tool Warehouse after obtaining approval for the
absence of competition
Six quotes were received in response to your solicitation for new office
equipment that utilized the lowest price technically acceptable source selection
process. The quotes submitted by vendors A, B, and D were determined to be
technically acceptable.
Vendor A quoted a price of $146,500;Vendor B quoted a price of $128,250; and
Vendor D quoted a price of $132,800.
,Which one of the following statements about the award decision is correct?
Ans✓✓✓ Vendor B is the apparent awardee and price reasonableness would be
based on competition
Take 15 Ans✓✓✓ take 15
Three quotes were received in response to your solicitation for training services.
Evaluation was based on a tradeoff between price and past performance. The
assigned past performance ratings and quoted prices were as follows:
Vendor A - Unacceptable, $216,150;
Vendor B - Acceptable, $248,500; and
Vendor C - Outstanding, $237,200.
Which one of the following statements about the award decision is correct?
Ans✓✓✓ There is not enough information to determine an apparent awardee
Not - Vendor B is the apparent awardee and price reasonableness could be based
on any reasonable basis
Not - Vendor A is the apparent awardee and price reasonableness would be based
on competition.
Vendor C is the apparent and price reasonableness would be based on
competition
Which one of the following is correct regarding documenting the award of a buy
using SAP? Ans✓✓✓ Not - Award documentation must be extensive and detailed
, Not - Records of oral price quotations are not required
Records of oral price quotations must be established to clearly reflect the
appropriateness of the award decision.
Which one of the following is NOT a mandatory Government source for satisfying
a supply requirement? Ans✓✓✓ Not - Excess from other agencies
Not - Wholesale supply sources
x Commercial sources
Federal Prison Industries, Inc.
Which one of the following is NOT correct regarding documenting the award of a
buy using SAP? Ans✓✓✓ Maybe not - Records of oral price quotations must be
established to clearly reflect the appropriateness of the award decision.
Not - Price reasonableness should be based on competitive quotes or offers
whenever possible.
Not - A statement of price reasonableness is not required when only one quote or
offer is received.
