Contracting government Study guides, Class notes & Summaries

Who decides which post-award contract administrative functions will be delegated and which will be retained by the contracting officer who awarded the contract? - ANSWERProcuring contracting officer (PCO) "Bloom. LLC was recently awarded a $2 million contract for website enhancement services that was set aside for Historically Underutilized Business Zone (HUBZone) small businesses. Bloom's owner recently asked you which of the following would be acceptable subcontracts for Bloom to enter int...

CON 2370 Simplified Acquisition Actual Exam Questions with 100% Correct Answers | 2023 Version | Professor Verified | Graded A+ 1. You have a requirement for repair parts to support routine maintenance services at the shop on your base. The parts were developed using Government funds and are not offered to the general public. The estimated dollar value of the acquisition is $275,000. Which one of the following statements is true? -----Right Answer-----The use of simplified acquisition proc...

CON 2370 Simplified Acquisition Procedures EXAM GRADED A LATEST 2023/2024 T01.E06 You have a requirement for water restoration services at your base in Louisiana. Three services are of a type sold competitively in substantial quantities in the commercial marketplace base on market prices. The estimated dollar value of the acquisition is $1,250,000. Which of the following is true? - CORRECT ANSWER the use of simplified acquisition procedures is authorized. T03.E03a You are the co...

CON 3990 FAR Exam Practice Questions and Answers | Latest Update 2023/2024. FAR Part 2 -CORRECT ANSWER Definitions of Words and Terms FAR Part 3 -CORRECT ANSWER Improper Business Practices & Personal Conflicts of Interest FAR Part 4 -CORRECT ANSWER Administrative Matters FAR Part 5 -CORRECT ANSWER Publicizing Contract Actions FAR Part 6 -CORRECT ANSWER Competitive Requirements FAR Part 7 -CORRECT ANSWER Acquisition Planning FAR Part 8 -CORRECT ANSWER Required Sources of Supplies and Servic...

Certified Texas Contract Manager Questions and Answers Already Passed Statewide Procurement Division (SPD) The central authority for state agencies for procurement guidance, education, statewide contract development services, and delegation of purchasing authority. Assists its statewide government customers with all stages of the procurement cycle. Policy and Outreach Conducts policy research, training and certification customer service support services. Statewide Contract Development and Cont...

" Which of the following are key. recommended resources for subcontracting compliance management? ( Select three that apply.) - ANSWER "Small Business Administration (SBA) website Defense Contract Management Agency (DCMA) website Defense Federal Acquisition Regulation Supplement (DFARS) " Which of the following contracts is required to submit a small business subcontracting plan? Each contract has subcontracting possibilities. - ANSWER $1 million services contract awarded to anothe...

Which one of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? - Not - Purchases shall be made in the simplified manner that is most suitable to the circumstances of the acquisition. Not - The use of SAP is authorized for all commercial acquisitions 22. Not - The purpose of SAP is to improve opportunities for small businesses to obtain a fair portion of Government contracts Not - Agencies may separate requirements into smaller p...

QUESTION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending appropriated funds is permitted. 20 points QUESTION 2 1. It is July 2010. The contracting officer at Fort Mason is about to award a contract for a comput...

Contracting Officer Unlimited Warrant Board verified answers and questions 2023. What is an option? - correct answers.An option is a unilateral right in a contract, for a specific period of time, where the Government may elect to purchase additional supplies or services called for by the contract, or extend the period of performance. The PCO should use options when (1) in the Governments best interest, (2) there is a need for service beyond the initial period, and (3) to ensu...

CON 2370 Simplified Acquistion Procedures Exam Questions With Answers Latest Updated 2024 (GRADED) Which one of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? - Answer Purchases shall be made in the simplified manner that is most suitable to the circumstances of the acquisition. Not - The use of SAP is authorized for all commercial acquisitions Not - The purpose of SAP is to improve opportunities for small businesses to obtain ...