CON 3990 Study guides, Class notes & Summaries

CON 3990 Exam FAR Parts/ CON 3990 Exam Updated 2023-2024

CON 3990 Exam FAR Parts Update 1. FAR Part 1--Correct Answer-- Federal Acquisition Regulation System 2. FAR Part 2--Correct Answer-- Definitions of Words and Terms 3. FAR Part 3--Correct Answer-- Improper Business Practices & Personal Conflicts of Interest 4. FAR Part 4--Correct Answer-- Administrative Matters 5. FAR Part 5--Correct Answer-- Publicizing Contract Actions 6. FAR Part 6--Correct Answer-- Competitive Requirements

CON 3990 Exam FAR Parts 100% Correct FAR Part 1 Federal Acquisition Regulation System FAR Part 2 Definitions of Words and Terms FAR Part 3 Improper Business Practices & Personal Conflicts of Interest FAR Part 4 Administrative Matters FAR Part 5 Publicizing Contract Actions FAR Part 6 Competitive Requirements FAR Part 7 Acquisition Planning FAR Part 8 Required Sources of Supplies and Service FAR Part 10 Market Research FAR Part 12 Acquisition of Commercial Items F...

CON 3990 Exam Questions and Answers Already Passed What is the Micro-purhcase threshold for supplies? $10k All incentive contracts (schedule or performance) must also include what? Cost incentive or constraint What requires funds to be used only for needs or services in the year of the appropriations obligation period? Bona Fide Needs Rule What contract types can be used for commercial item purchases? FFP or FPEPA What is the Simplified Acquisition Threshold for commercial pr...

Market Research is conducted during which phase of acquisition? - ANSWER All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR - ANSWER Deviation Simplified Acquisition Procedures (SAP) should: - ANSWER Promote competition to the maximum extend practicable

Market research is conducted during which phase of acquisition? - ANSWER All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? - ANSWER Deviation Simplified Acquisition Procedures (SAP) should - ANSWER Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? - ANSWER DD Form 1547, Weighted Guidelines Method

FAR Part 1 - ANSWER Federal Acquisition Regulation System FAR Part 2 - ANSWER Definitions of Words and Terms FAR Part 3 - ANSWER Improper Business Practices & Personal Conflicts of Interest FAR Part 4 - ANSWER Administrative Matters

CON 3990 Contracting Certification Quiz 3 of 4| Questions solved 100% Correct/Verified Solutions It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from? - ANSWER Responsible sources What are the two types of negotiated acquisitions? - ANSWER Sole source and competitive What is the objective of a source selection? - ANSWER To select the proposal that represents the best value

A postaward orientation aids both Government and contractor personnel to? - ANSWER Achieve 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? - ANSWER Pay an interest penalty When acquiring commercial items, quality assurance is primarily the responsibility of? - ANSWER The contractor

CON 3990 Contracting Certification Quiz 1 of 4 questions and answers complete.

CON 3990 Contracting Certification Quiz 1 of 4 course prep.