CON 3900 - Week 2 Questions
The actual text of all Provisions and Clauses are contained in numerical order are found in?
Correct Answer:
in FAR part 52
For proposed contract actions expected to exceed $25,000, the contracting officer must
Correct Answer:
synopsize in the Government wide point of entry (GPE).
For proposed contract actions expected to exceed $15,000, but not expected to exceed $25,000, the contracting officer must
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post in a public place.
After release of the solicitation, the contracting officer must be the
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focal point of any exchange with potential offerors.
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A change to solicitation is called
Correct Answer:
Amendment
If a change is so substantial as to exceed what prospective offerors reasonably could have anticipated so that additional sources likely would have submitted offers had the substance of the amendment been known to them
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the contracting officer should cancel the original solicitation and issue a new one, regardless of the stage of the acquisition.
GPE means
Correct Answer:
the single point where Government business opportunities greater than $25,000, including synopses of proposed contract actions, solicitations, and associated information, can be accessed electronically by the public.
Use of the SF 1449 is non-mandatory but encouraged for
Correct Answer:
commercial acquisitions not exceeding the SAT.
contracting officer shall use the Standard Form 1449,
Solicitation/Contract/Order for Commercial Items, if:
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The acquisition is expected to exceed the Simplified Acquisition Threshold; A paper solicitation or contract is being issued; and Procedures at FAR 12.603 are not being used. 2 / 3
"Buying-in"
Correct Answer:
contractor submits an offer below anticipated costs, expecting to: Increase the
contract amount after award (e.g., through unnecessary or excessively priced change orders); or Receive follow-on contracts at artificially high prices to recover losses incurred on the buy-in contract.
"Contractor team arrangement"
Correct Answer:
Two or more companies form a partnership or joint venture to act as a potential prime contractor; or A potential prime contractor agrees with one or more other companies to have them act as its subcontractors under a specified Government contract or acquisition program.
Purchases shall be made from, and contracts shall be awarded to,
Correct Answer:
responsible prospective contractors only
a fixed-price contract with economic price adjustment may be used when
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There is serious doubt concerning the stability of market or labor conditions that will exist during an extended period of contract performance, and Contingencies that would otherwise be included in the contract price can be identified and covered separately in the contract.
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