CON 1400 Exam Guide (2024/ 2025 Update) Questions and Verified Answers| Grade A| 100% Correct

CONI1400IExamIGuideI(2024/I2025IUpdate
)IQuestionsIandIVerifiedIAnswers-
100%ICorrect-IAIGradeI
QUESTION
IHowIlongIdoIyouIretainIcontractIonIfile?
Answer:
I6IYears



QUESTION
IIIIIIIIIIIIIIisIresponsibleIforIinitiatingI(automatedIorImanual)IadministrativeIcloseoutIofItheIc
ontractIafterIreceivingIevidenceIofIitsIphysicalIcompletion

Answer:
III-IContractingIOffice



QUESTION
IIIIIIIIIIIIIIIIIIIIIIContainIbothIgovernmentIandIcontractorIcommentsItoIpro-
IvideIaIbalancedIviewIofIperformance,IallowingIsourceIselectionIofficialsItoIlookIbeyondIcontr
actorIreferences.

Answer:
IPerformanceIEvaluationsICPARS



QUESTION
IRequirementsIforIContractICloseout
Answer:
I1.PartiesIfullyIsatisfiedIobligationsItoItheIother(s)
2.contractIrequirementIhaveIbeenIdelivered
3.GovIhasIpaidIcontractorIinIfull
4.excessIfundsIonItheIcontractIhaveIbeenIde-obligated
5.PropertyIrightsIhaveIbeenIsettledItoItheIsatisfactionIofIallIparties
6.AdministrativeIactionsIhaveIbeenIfinalized

, 7.documentationIhasIbeenIincludedIinItheIfile
8.ContractICompletionIStatementIhasIbeenIgenerated



QUESTION
IIIIIIIIIIIAgencyImaintainsIaIgroupIofITCOsIassistedIbyIACOs.IperformIfund-IingIandIclose-
outIactions

Answer:
IDefenseIContractIManagementIAgencyI(DCMA)



QUESTION
IAnyItypeIofIprocedureIorIcombinationIofIproceduresIvoluntarilyIusedItoIresolveIissuesIinIco
ntroversy.ITheseIproceduresImayIinclude,IbutIareInotIlim-
IitedIto,Iconciliation,Ifacilitation,Imediation,Ifact-
finding,Iminitrials,Iarbitration,IandIuseIofIombudsmen.

Answer:
IAlternativeIDisputeIResolutionIADR.IBothIpartiesImustIagree



QUESTION
ITypesIofITermination
Answer:
I1.TerminationIforIConvenienceI(MayIbeIPartial)
2.TerminationIforIDefaultI(T4D)
3.TerminationsIforICause



QUESTION
IUponITerminationIforIConvenience,IContractorIshould
Answer:
IStopIwork,TerminateIsubcontracts,IIadviseITCOIcircumstancesIprecludingItheIstoppageIofIwo
rk,IPerform
I
anyIcontinuedIportionIofIwork,RequestIequitableIadjustment,IProtectIanyIGFP,INoti-
IfyItheITCOIofIanyIlegalIproceedings,ISettleIanyIoutstandingIliabilitiesI(subcontracts),ISubmitI
aIsettlementIproposal,IDisposeIofIterminationIinventory