CON 3990

CON 3990 EXAM TEST BANK NEWEST 2025/2026 WITH COMPLETE 500 QUESTIONS AND CORRECT ANSWERS |ALREADY GRADED A+||BRAND NEW VERSION! What is Organizational Conflicts of Interest (OCI)? When a contractor may gain an unfair competitive advantage in the marketplace when competing for government work where that unfair advantage is obtained performing a government contract. What are three broad categories of OCI: 1. Unequal Access 2. Impaired Objectivity 3. Biased Ground Rules What ...

CON 3990 EXAM NEWEST 2025/2026 WITH COMPLETE 200 QUESTIONS AND CORRECT ANSWERS |ALREADY GRADED A+||BRAND NEW VERSION! When is a contract considered physically complete? - ANSWER-the KTR has completed required deliveries and Gov has inspected and accepted the supplies The contractor has performed all services and the Gov has accepted the services and all option provisions, if any, have expired or the Gov gives the KTR notice of termination What are the steps to close out a c...

When is a contract considered physically complete? - ANSWERSthe KTR has completed required deliveries and Gov has inspected and accepted the supplies The contractor has performed all services and the Gov has accepted the services and all option provisions, if any, have expired or the Gov gives the KTR notice of termination What are the steps to close out a contract file? - ANSWERS1) Contract admin office is responsible for initiating, reviewing contract fund status, and deobligating excess f...

What IIis IIthe IIMicro-purhcase IIthreshold IIfor IIsupplies? II- II II II$10k IIAll IIincentive IIcontracts II(schedule IIor IIperformance) IImust IIalso IIinclude IIwhat? II- II II IICost IIincentive IIor IIconstraint IIWhat IIrequires IIfunds IIto IIbe IIused IIonly IIfor IIneeds IIor IIservices IIin IIthe IIyear IIof IIthe IIappropriations IIobligation IIperiod? II- II II IIBona IIFide IINeeds IIRule IIWhat IIcontract IItypes IIcan IIbe IIused IIfor IIcommercial IIitem IIpurchases? II-...

FAR Part 6 - Competitive Requirements FAR Part 1 - Federal Acquisition Regulation System FAR Part 2 - Definitions of Words and Terms FAR Part 3 - Improper Business Practices & Personal Conflicts of Interest FAR Part 4 - Administrative Matters FAR Part 5 - Publicizing Contract Actions FAR Part 7 - Acquisition Planning FAR Part 8 - Required Sources of Supplies and Service FAR Part 10 - Market Research FAR Part 12 - Acquisition of Commercial Items FAR Part 13 - Simplified Acquisition Proc...

Contracting Life Cycle Phases - ANSWER>>1. Pre-Award 2. Award 3. Post Award Communication and Decision Making Bias - ANSWER>>1. Minimize influence of Personal biases 2. Maximize the likelihood of a successful result. 3. Facilitate communication among affected parties. Minimize the Effect of Personal Biases - ANSWER>>The contracting professional should strive to minimize the influence of personal biases. Maximize the likelihood of Successful Results - ANSWER>>1....

CON 3990 Exam FAR Parts 2023/Questions and Answers.