CON 3990 EXAM 1 Questions
and Answers Latest Versions
2025 GRADED A+
In response to a solicitation...
(Ans- The seller will submit an offer
The sellers offer should include
(Ans- The offer must've line with the offerers overall sales plan and overall
risk category. determining which parts of the contract performance the offer
will need assistance from partners, subcontractors, or vendors.
Communicate with the buying activity to make sure all information has been
provided
What is the award phase?
(Ans- The second contract life cycle phase is award. The word phase
involves all work performed by both the buyer and seller that produces an
award contract.
What is one activity in the ward phase?
(Ans- Form the contract
When the government receives offers they must analyze proposals for
what?
(Ans- In terms of risk, review for price of reasonableness, and document
the results of the analysis.
,Based on the analysis of proposal, to plan for negotiations the government
may ask for?
(Ans- Clarification from offers and then develop negotiation objectives. The
offer will respond to the request for clarification and prepare for
negotiations as well.
True or false; the buyer and seller may exchange ideas or have
discussions, they may be informal or highly structured as needed during
the award phase
(Ans- True
After reviewing proposals and analyzing the proposals and having
exchanges with the sellers, the buyer will then?
(Ans- Select a source
What is the third contract life cycle phase?
(Ans- Post award phase
What are the two primary elements of the post ward phase?
(Ans- Perform contract and Close Contract
What is involved in the post award phase?
(Ans- Involves all the work performed by both the buyer and seller during
contract performance, to include changes to the contract, contract close
out, and sometimes termination of a contract.
What happens during post award phase activity perform the contract?
(Ans- During this phase, we are monitoring risk in assessing its impact on
contract performance ensuring compliance with one contractual terms and
conditions and two contract technical requirements during contract
performance up to contract close out or termination
True or False: Both the buyer and seller must administer the contract?
(Ans- True
,What is an important focus during post-award contract administration?
(Ans- Quality of contract performance
What is included in quality of contract performance?
(Ans- This quality includes schedules, cost, and successful delivery of
services or items.
Who is responsible for quality?
(Ans- The seller has the responsibility for quality, however the buyer must
have proper oversight to protect the interest of stake holders
Most sellers have a supply chain of support for their contract performance,
they are know as?
(Ans- Sub contractors
How can changes contract arrangements during contract performance be
made?
(Ans- Buyer and seller negotiations for a contract modification or a
unilateral modification of provisions are met. Sometimes, contract
termination will be needed.
What is Contract close out?
(Ans- The process of verifying all the requirements of the contract are
satisfied, settling unresolved matters, and reconciling the contract to make
final payment.
What tasks are included in contract close out?
(Ans- Validation of completion of contract requirements, disposition of
property, settling sub-contractor issues, funds reconciliation and final
payment.
KO stands for?
(Ans- Contracting Officer
, KO plays what role throughout contracting life cycle?
(Ans- Requirements identification through contract close-out, the KO's
responsibilities change and evolve from phase to phase.
Acquisition definition
(Ans- The acquiring by contract with appropriate funds of supplies or
services by and for the use of federal government through the purchase or
lease, whether the supplies or services are already in existence or must be
created, develop, demonstrated, and evaluated
Acquisition team members definition
(Ans- Consing of all participants and government acquisition including not
only representatives of the technical, supply, emperment communities but
also customers they serve, and the contractors who provide the products
and services
KO's role on the ace team is to?
(Ans- The contracting officer must have the authority to the maximum
extent practical and consistent with law, to determine the application of
rules, regulations, and policies, on the specific contract
What is required for KO appointments?
(Ans- Requires a pointing officials, selecting contracting officers, to
consider the complexity and dollar value of the acquisitions to be assigned
and the candidates experience, training, education, business acumen,
judgment, character, and reputation
What is the Contracting officer responsible for?
(Ans- Ensuring performance of all necessary actions for effective
contracting, ensuring compliance with the terms of the contract, and
safeguarding the interest of the United States and its contractual
relationships
and Answers Latest Versions
2025 GRADED A+
In response to a solicitation...
(Ans- The seller will submit an offer
The sellers offer should include
(Ans- The offer must've line with the offerers overall sales plan and overall
risk category. determining which parts of the contract performance the offer
will need assistance from partners, subcontractors, or vendors.
Communicate with the buying activity to make sure all information has been
provided
What is the award phase?
(Ans- The second contract life cycle phase is award. The word phase
involves all work performed by both the buyer and seller that produces an
award contract.
What is one activity in the ward phase?
(Ans- Form the contract
When the government receives offers they must analyze proposals for
what?
(Ans- In terms of risk, review for price of reasonableness, and document
the results of the analysis.
,Based on the analysis of proposal, to plan for negotiations the government
may ask for?
(Ans- Clarification from offers and then develop negotiation objectives. The
offer will respond to the request for clarification and prepare for
negotiations as well.
True or false; the buyer and seller may exchange ideas or have
discussions, they may be informal or highly structured as needed during
the award phase
(Ans- True
After reviewing proposals and analyzing the proposals and having
exchanges with the sellers, the buyer will then?
(Ans- Select a source
What is the third contract life cycle phase?
(Ans- Post award phase
What are the two primary elements of the post ward phase?
(Ans- Perform contract and Close Contract
What is involved in the post award phase?
(Ans- Involves all the work performed by both the buyer and seller during
contract performance, to include changes to the contract, contract close
out, and sometimes termination of a contract.
What happens during post award phase activity perform the contract?
(Ans- During this phase, we are monitoring risk in assessing its impact on
contract performance ensuring compliance with one contractual terms and
conditions and two contract technical requirements during contract
performance up to contract close out or termination
True or False: Both the buyer and seller must administer the contract?
(Ans- True
,What is an important focus during post-award contract administration?
(Ans- Quality of contract performance
What is included in quality of contract performance?
(Ans- This quality includes schedules, cost, and successful delivery of
services or items.
Who is responsible for quality?
(Ans- The seller has the responsibility for quality, however the buyer must
have proper oversight to protect the interest of stake holders
Most sellers have a supply chain of support for their contract performance,
they are know as?
(Ans- Sub contractors
How can changes contract arrangements during contract performance be
made?
(Ans- Buyer and seller negotiations for a contract modification or a
unilateral modification of provisions are met. Sometimes, contract
termination will be needed.
What is Contract close out?
(Ans- The process of verifying all the requirements of the contract are
satisfied, settling unresolved matters, and reconciling the contract to make
final payment.
What tasks are included in contract close out?
(Ans- Validation of completion of contract requirements, disposition of
property, settling sub-contractor issues, funds reconciliation and final
payment.
KO stands for?
(Ans- Contracting Officer
, KO plays what role throughout contracting life cycle?
(Ans- Requirements identification through contract close-out, the KO's
responsibilities change and evolve from phase to phase.
Acquisition definition
(Ans- The acquiring by contract with appropriate funds of supplies or
services by and for the use of federal government through the purchase or
lease, whether the supplies or services are already in existence or must be
created, develop, demonstrated, and evaluated
Acquisition team members definition
(Ans- Consing of all participants and government acquisition including not
only representatives of the technical, supply, emperment communities but
also customers they serve, and the contractors who provide the products
and services
KO's role on the ace team is to?
(Ans- The contracting officer must have the authority to the maximum
extent practical and consistent with law, to determine the application of
rules, regulations, and policies, on the specific contract
What is required for KO appointments?
(Ans- Requires a pointing officials, selecting contracting officers, to
consider the complexity and dollar value of the acquisitions to be assigned
and the candidates experience, training, education, business acumen,
judgment, character, and reputation
What is the Contracting officer responsible for?
(Ans- Ensuring performance of all necessary actions for effective
contracting, ensuring compliance with the terms of the contract, and
safeguarding the interest of the United States and its contractual
relationships
