The contracting lifecycle consists of three phases: - ANSWER Preaward, award, &
postaward
The preaward phase involves: - ANSWER All the work performed by both the buyer
(Government or prime contractor) and seller (contractor or subcontractor in communicating
the buyer's requirements and providing a solution to those requirements.
Typically start befor the contracting process: - ANSWER Requirements definition,
budgeting/funding process, and acquisition planning.
Preaward phase consists of two primary activities: - ANSWER Develop solicitation
(Government) and develop offer (Contractor).
In planning the solicitation, the buying activity must: - ANSWER Assess the need,
analyze the requirement, ensure contract outcomes will be measurable and properly
incentivized, and verify the availability of funds.
What two FAR parts are key resources in developing the solicitation? - ANSWER FAR
Part 7 Acquisition Planning; FAR Part 11 Describing Agency Needs
Buying activities must conduct ___ to identify potential suppliers, evaluate if the
requirement is achievable, and perform any pre-offer conferences or communication. -
ANSWER Market Research
1
,What FAR part is a key resource for conducting Market Research? - ANSWER FAR Part
10 Market Research
How do buying activities analyze risk? - ANSWER Performing make or buy decisions;
conducting a supply or services determination; and understanding the required schedule or
needs of the customer including the need for property (including intellectual property).
What FAR/DFARS resources can assist in analyzing risks? - ANSWER FAR 15.407-2
Make-or-Buy Programs; FAR Subpart 11.4 Delivery or Performance Schedules; FAR Part 45
Government Property; DFARS Part 227 Patents, Data, & Copyrights.
Primary FAR resource for information about contract types: - ANSWER FAR Part 16
Types of Contracts
Which FAR Part addresses publicizing contract actions? - ANSWER FAR Part 5
What is the second phase of the contract lifecycle? - ANSWER Contract Award
What is the one activity in the award phase? - ANSWER Form contract
When it receives offers, the buying activity (Government) must: - ANSWER Analyze
proposals in terms of risk, review for price reasonableness, and document results of the
analysis.
FAR Part ___, ___ ___ gives guidance that can be generalized for contract methods beyond
those covered by the rest of FAR Part 15. - ANSWER 15.404, Proposal Analysis
To plan for negotiations, the buying activity may ask for ___ from offerors and then develop
___ ___. - ANSWER Clarification, negotiation objectives.
2
,In all cases, ___ must explain the process that arrived at an offeror being awarded a
contract. - ANSWER Documentation
What FAR/DFARS Parts discuss the protest processes? - ANSWER FAR Subpart 33.1;
DFARS Subpart 233.1.
The third contract lifecycle phase is ___. - ANSWER Postaward
The postaward phase involves: - ANSWER All the work performed by both the buyer
and seller during contract performance, to include changes to the contract, contract
closeout, and sometimes termination of a contract.
The postaward phase (sometimes referred to as contract administration) consists of two
primary activities: - ANSWER Perform contract and close contract.
Perform contract involves monitoring risk and assessing its impact on contract performance,
ensuring compliance with: - ANSWER Contractual terms and conditions; contract
technical requirements during contract performance up to contract closeout or termination.
What two parties must administer the contract? - ANSWER Buyer and seller.
Contract administration requires: - ANSWER Continuous documentation throughout
the life of the contract and depends on good communication, funds management, and
assessing seller performance.
Which FAR/DFARS Part outlines the vast array of postaward activities and responsibilities? -
ANSWER FAR Part 42 Contract Administration and Audit Services; DFARS Part 242.
Quality includes: - ANSWER Schedule, cost, and delivery of services or items.
3
, Whose responsibility is quality? - ANSWER The seller.
Which FAR Part gives important guidance for planning and ensuring successful contract
performance? - ANSWER FAR Part 46 Quality Assurance
The supply chain consists of a network of: - ANSWER Subcontractors, vendors, and
other service/item providers to the seller or prime contractor.
Which FAR/DFARS Part covers policies and procedures as they relate to subcontractors? -
ANSWER FAR Part 44 Subcontracting Policies and Procedures
Which FAR Part covers changes to contracts? - ANSWER FAR Part 43 Contract
Modifications
Which FAR Part discusses termination of contracts? - ANSWER FAR Part 49 Termination
of Contracts
Contract closeout is the process of: - ANSWER Verifying al the requirements of the
contract are satisfied, settling unresolved matters, and reconciling the contract to make final
payment.
Contract closeout tasks include: - ANSWER Validation of completion of contract
requirements, disposition of property, settling subcontract issues, funds reconciliation, and
final payment (also an assessment of seller performance depending on dollar value).
Which FAR Part covers the closeout of government contract files? - ANSWER FAR 4.804
Closeout of Contract Files.
Which FAR Part covers the responsibilities associated with government property prior to and
through contract closeout? - ANSWER FAR Part 45 Government Property.
4
postaward
The preaward phase involves: - ANSWER All the work performed by both the buyer
(Government or prime contractor) and seller (contractor or subcontractor in communicating
the buyer's requirements and providing a solution to those requirements.
Typically start befor the contracting process: - ANSWER Requirements definition,
budgeting/funding process, and acquisition planning.
Preaward phase consists of two primary activities: - ANSWER Develop solicitation
(Government) and develop offer (Contractor).
In planning the solicitation, the buying activity must: - ANSWER Assess the need,
analyze the requirement, ensure contract outcomes will be measurable and properly
incentivized, and verify the availability of funds.
What two FAR parts are key resources in developing the solicitation? - ANSWER FAR
Part 7 Acquisition Planning; FAR Part 11 Describing Agency Needs
Buying activities must conduct ___ to identify potential suppliers, evaluate if the
requirement is achievable, and perform any pre-offer conferences or communication. -
ANSWER Market Research
1
,What FAR part is a key resource for conducting Market Research? - ANSWER FAR Part
10 Market Research
How do buying activities analyze risk? - ANSWER Performing make or buy decisions;
conducting a supply or services determination; and understanding the required schedule or
needs of the customer including the need for property (including intellectual property).
What FAR/DFARS resources can assist in analyzing risks? - ANSWER FAR 15.407-2
Make-or-Buy Programs; FAR Subpart 11.4 Delivery or Performance Schedules; FAR Part 45
Government Property; DFARS Part 227 Patents, Data, & Copyrights.
Primary FAR resource for information about contract types: - ANSWER FAR Part 16
Types of Contracts
Which FAR Part addresses publicizing contract actions? - ANSWER FAR Part 5
What is the second phase of the contract lifecycle? - ANSWER Contract Award
What is the one activity in the award phase? - ANSWER Form contract
When it receives offers, the buying activity (Government) must: - ANSWER Analyze
proposals in terms of risk, review for price reasonableness, and document results of the
analysis.
FAR Part ___, ___ ___ gives guidance that can be generalized for contract methods beyond
those covered by the rest of FAR Part 15. - ANSWER 15.404, Proposal Analysis
To plan for negotiations, the buying activity may ask for ___ from offerors and then develop
___ ___. - ANSWER Clarification, negotiation objectives.
2
,In all cases, ___ must explain the process that arrived at an offeror being awarded a
contract. - ANSWER Documentation
What FAR/DFARS Parts discuss the protest processes? - ANSWER FAR Subpart 33.1;
DFARS Subpart 233.1.
The third contract lifecycle phase is ___. - ANSWER Postaward
The postaward phase involves: - ANSWER All the work performed by both the buyer
and seller during contract performance, to include changes to the contract, contract
closeout, and sometimes termination of a contract.
The postaward phase (sometimes referred to as contract administration) consists of two
primary activities: - ANSWER Perform contract and close contract.
Perform contract involves monitoring risk and assessing its impact on contract performance,
ensuring compliance with: - ANSWER Contractual terms and conditions; contract
technical requirements during contract performance up to contract closeout or termination.
What two parties must administer the contract? - ANSWER Buyer and seller.
Contract administration requires: - ANSWER Continuous documentation throughout
the life of the contract and depends on good communication, funds management, and
assessing seller performance.
Which FAR/DFARS Part outlines the vast array of postaward activities and responsibilities? -
ANSWER FAR Part 42 Contract Administration and Audit Services; DFARS Part 242.
Quality includes: - ANSWER Schedule, cost, and delivery of services or items.
3
, Whose responsibility is quality? - ANSWER The seller.
Which FAR Part gives important guidance for planning and ensuring successful contract
performance? - ANSWER FAR Part 46 Quality Assurance
The supply chain consists of a network of: - ANSWER Subcontractors, vendors, and
other service/item providers to the seller or prime contractor.
Which FAR/DFARS Part covers policies and procedures as they relate to subcontractors? -
ANSWER FAR Part 44 Subcontracting Policies and Procedures
Which FAR Part covers changes to contracts? - ANSWER FAR Part 43 Contract
Modifications
Which FAR Part discusses termination of contracts? - ANSWER FAR Part 49 Termination
of Contracts
Contract closeout is the process of: - ANSWER Verifying al the requirements of the
contract are satisfied, settling unresolved matters, and reconciling the contract to make final
payment.
Contract closeout tasks include: - ANSWER Validation of completion of contract
requirements, disposition of property, settling subcontract issues, funds reconciliation, and
final payment (also an assessment of seller performance depending on dollar value).
Which FAR Part covers the closeout of government contract files? - ANSWER FAR 4.804
Closeout of Contract Files.
Which FAR Part covers the responsibilities associated with government property prior to and
through contract closeout? - ANSWER FAR Part 45 Government Property.
4
