Study guides, Class notes & Summaries

CON 3990 EXAM FAR PARTS ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS [DETAILED ANSWERS] 2024 UPDATED VERSION |ALREADY GRADED A+ CON 3990 EXAM FAR PARTS ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS [DETAILED ANSWERS] 2024 UPDATED VERSION |ALREADY GRADED A+

CON 3990 Exam FAR Parts 2023

CON 3990 Exam FAR Parts 2023

Con 3990 Exam Questions With 100% Correct Answers How long should the CPARS reporting proces take? The CPARS reporting process should take no longer than 120 days. Phases of the Contracting Process Pre-Award; Award; Post-Award Pre-award phase consists of two primary activities: 1. Develop Solicitation (for our purposes, this is done by the Government or the contractor, focused on obtaining a subcontractor). 2. Develop Offer (this is done by the Contractor or Subcontractor) Award phase ...

Con 3990 Prep Exam Questions With 100% Correct Answers What are the three contracting life cycle phases - answerPre-award, Award, and Post-award Define the pre-award phase - answerInvokes all work performed by both the buyer (Gov't or Prime Contractor) and seller (contractor or sub) in communicating the buyer's requirements and providing a solution to those requirements What typically starts before the contracting process? - answerRequirement definition, budgeting/funding process, and a...

CON 3900 - Cost and Price Analysis Exam Questions And Answers 100% Solved What is the definition of Price? - answercost plus any fee or profit What is the Government's Pricing Policy? - answercomes from reasonable sources, and is done independently and separately; must be fair and reasonable Source Selection in regards to price - answerprice or cost should be evaluated in SS procedures, even in event of trade off (is the Government willing to pay more for whatever the trade off is?) Wha...

CON 3990 Contracting Certification Quiz 1 of 4 100% Solved Market research is conducted during which phase of acquisition? - answerAll phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? - answerDeviation Simplified Acquisition Procedures (SAP) should? - answerPromote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? - answerDD Form 1547, Weighted Guidelines Method What type(s) of c...

CON 3990 Contracting Certification Quiz 4 of 4 Exam 100% Solved A postaward orientation aids both Government and contractor personnel to? - answerAchieve a clear and mutual understanding of all contract requirements and identify and resolve potential problems When late in paying an otherwise acceptable invoice, the Government will? - answerPay an interest penalty When acquiring commercial items, quality assurance is primarily the responsibility of? - answerThe contractor You have a requ...

CON 3990 Contracting Certification Quiz 2 of 4 Exam 100% Solved 2024 It is the Government's policy that before executing a contract, the contracting officer must? - answerObtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Government contracting? - answerPurchase the requirement as a commercial item. Contracting officers shall provide property to contractors only when it is clearly demonst...