. CON 3990 Exam FAR Parts Exam Latest Version 250+ Questions and Verified Correct Answers Using Marking Scheme Guaranteed A+ Which of the following best describes the purpose of proposal analysis? - Correct AnswerTo ensure the price is fair and reasonable
. Which type of solicitation may require the submission of certified cost or pricing data?
- Correct AnswerRequest for proposals
.Terms that address specific types of exchanges with offerors after receipt of proposals
include: - Correct AnswerCommunications, discussions, and clarifications
Feedback: See FAR 15.306
A contract is considered physically complete when the contractor has completed all the required deliveries and: - Correct AnswerThe Government has accepted all the items.
A contracting officer has the broadest discretion in fashioning suitable evaluation
procedures when considering: - Correct AnswerQuotations
A contracting officer has the broadest discretion in fashioning suitable evaluation
procedures when considering: - Correct AnswerQuotations
A contractor employee accidentally broke a test fixture that belongs to the Government
and is accountable to a Government contract. Generally speaking: - Correct
AnswerContractors are not held liable for loss of Government property.
A contractor failed to deliver a commercial item within the time specified by the contract. As the Government contracting officer, you plan to terminate the contract.What type of termination would you proceed with? - Correct AnswerTermination for Cause
Feedback: See FAR 12.403(c)
A contractor is developing their pricing strategy in a competitive environment. Knowing the required effort will result in follow-on contracts, the contractor submits an offer below anticipated costs with the plan to recover any losses by increasing the price on follow-
on efforts. This pricing strategy is referred to as: - Correct AnswerBuying-in
A contractor is developing their pricing strategy in a competitive environment. Knowing the required effort will result in follow-on contracts, the contractor submits an offer below anticipated costs with the plan to recover any losses by increasing the price on follow- on efforts. This pricing strategy is referred to as: - Correct AnswerBuying-in 1 / 3
Feedback: See FAR 3.501-1
A postaward orientation aids both Government and contractor personnel to: - Correct AnswerAchieve a clear and mutual understanding of all contract requirements and identify and resolve potential problems
Feedback: See FAR 42.501
A program manager asked John whether a contract clause is only used in the contract or if it applies to the solicitation as well. John correctly answered by replying with which of the following statements? - Correct AnswerA contract clause is a term or condition used in contracts, or in both solicitations and contracts, that applies after contract award or both before and after award
Feedback: See FAR 2.101
A proposal submission time and date of 2 p.m. on February 3, 2020, appeared on the cover page of a Government solicitation. Based on the information provided at FAR 52.215-1, Instructions to Offerors - Competitive Acquisitions, which of the following proposals is late? - Correct AnswerThe contractor provided its proposal at 2:15 p.m. on February 3, 2020.
Feedback: See FAR 52.215-1(c)(3)
A proposal submission time and date of 2 p.m. on February 3, 2020, appeared on the cover page of a Government solicitation. Based on the information provided at FAR 52.215-1, Instructions to Offerors - Competitive Acquisitions, which of the following proposals is late? - Correct AnswerThe contractor provided its proposal at 2:15 p.m. on February 3, 2020.
Feedback: See FAR 52.215-1(c)(3)
A protest can be filed for which of the following? - Correct AnswerSolicitation
Feedback: See FAR 33.101
A protest can be filed for which of the following? - Correct AnswerSolicitation
Feedback: See FAR 33.101
A purpose of a postaward orientation is to: - Correct AnswerAchieve a clear and mutual understanding of all contract requirements
Feedback: See FAR 42.501(a)
Abstract of Offers Form - Correct AnswerSF1409
According to the FAR, acceptance of supplies or services is the responsibility of whom?
- Correct AnswerThe contracting officer
Feedback: See FAR 46.502
According to the FAR, the acquisition team: - Correct AnswerIncludes the contractor
Feedback: See FAR 1.102-3 2 / 3
Acme Company did not make the competitive range in a source selection. When the contracting officer asks for final proposal revisions, the contracting officer: - Correct AnswerHas the option to either contact Acme Company and request a final proposal revision or not contact Acme Company
Feedback: See FAR 15.307(a)
Acme Company did not make the competitive range in a source selection. When the contracting officer asks for final proposal revisions, the contracting officer: - Correct AnswerWill not contact Acme Company since it is no longer in the competition
Acquisition planning should begin: - Correct AnswerAs soon as the agency need is identified
Feedback: See FAR 7.104(a)
Acquisition planning should begin: - Correct AnswerAs soon as the agency need is identified
Feedback: See FAR 7.104(a)
Actual authority - Correct AnswerThe authority act on behalf of an agent. The COR is a good example of actual authority. It is given by the KO, but very narrow in scope.
After release of the solicitation, who must be the focal point of any exchange with potential offerors? - Correct AnswerThe contracting officer
Feedback: See FAR 15.201(f) & FAR 15.303(c)
After release of the solicitation, who must be the focal point of any exchange with potential offerors? - Correct AnswerThe contracting officer
Feedback: See FAR 15.201(f) & FAR 15.303(c)
Agencies shall conduct market research: - Correct AnswerAppropriate to the
circumstances
Feedback: FAR 10.001
Agencies shall conduct market research: - Correct AnswerAppropriate to the
circumstances
Feedback: FAR 10.001
An overarching principle for responding to questions from all potential offerors is: - Correct AnswerFairness
Feedback: See FAR 1.102(b)(3)
An overarching principle for responding to questions from all potential offerors is: - Correct AnswerFairness
Feedback: See FAR 1.102(b)(3)
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