Plan Solicitation

Question 1

True or false: Acquisition planning should begin as soon as the agency need is identified.
a. True
b. False

Answer 1

a. True

Question 2

What is the government’s policy on describing agency needs?
(Select all that apply):
a. Promote full and open competition
b. Minimize restrictive provisions
c. State requirements in terms of function, performance, & essential physical characteristics
d. None of the above

Answer 2

a. Promote full and open competition
b. Minimize restrictive provisions
c. State requirements in terms of function, performance, & essential physical characteristics

Question 3

True or false: No officer or employee of the government may create or authorize an obligation in excess of the funds available, or in advance of appropriations (Anti-Deficiency Act,31 U.S.C.1341), unless otherwise authorized by law.
a. True
b. False

Answer 3

a. True

Question 4

What does it mean to conduct a requirements analysis? Select all that apply.
a. Conducting a systematic review of your requirement given the guidance captured from stakeholders during the planning phase
b. Identifying the essential processes and outputs or results required
c. Describing the work in terms of required results, rather than either “how” the work is to be accomplished or the number of hours to be provided
d. None of the above

Answer 4

a. Conducting a systematic review of your requirement given the guidance captured from stakeholders during the planning phase
b. Identifying the essential processes and outputs or results required
c. Describing the work in terms of required results, rather than either

Question 5

True or false: The government is ordinarily required to furnish all property necessary to perform government contracts.
a. True
b. False

Answer 5

b. False

Question 6

True or false: Market research means collecting and analyzing information about capabilities within the market to satisfy agency needs.
a. True
b. False

Answer 6

a. True

Question 7

What are the TWO different types of market research?
a. Tactical
b. Operational
c. Strategic
d. None of the above

Answer 7

a. Tactical
c. Strategic

Question 8

True or false: Market research is a one-time step in the acquisition process.
a. True
b. False

Answer 8

b. False

Question 9

What does commercial product mean? Select all that apply.
a. Any product, other than real property, that is of a type customarily used by the general public or by non-governmental entities for purposes other than governmental purposes
b. Any product that has been sold, leased, or licensed to the general public
c. Any product that has been offered for sale, lease, or license to the general public
d. None of the above

Answer 9

a. Any product, other than real property, that is of a type customarily used by the general public or by non-governmental entities for purposes other than governmental purposes
b. Any product that has been sold, leased, or licensed to the general public
c. Any product that has been offered for sale, lease, or license to the general public

Question 10

What are some effective methods of industry engagement? Select all that apply.
a. “Sources sought” solicitation
b. Request for Information (RFI) distribution
c. Pre-solicitation conference or Industry Day
d. One-on-one interactions
e. Solicitation of feedback on draft RFP

Answer 10

a. “Sources sought” solicitation
b. Request for Information (RFI) distribution
c. Pre-solicitation conference or Industry Day
d. One-on-one interactions
e. Solicitation of feedback on draft RFP

Question 11

When does FAR part 12 not apply to the acquisition of commercial items? Select all that apply.
a. At or below the micro-purchase threshold
b. Using SF–44
c. Using the imprest fund
d. Using the governmentwide commercial purchase card as a method of purchase rather than only as a method of payment
e. Directly from another federal agency

Answer 11

a. At or below the micro-purchase threshold
b. Using SF–44
c. Using the imprest fund
d. Using the governmentwide commercial purchase card as a method of purchase rather than only as a method of payment
e. Directly from another federal agency

Question 12

Why does FAR part 13 prescribe simplified acquisition procedures? Select all that apply.
a. Reduce administrative costs
b. Improve opportunities for small, small disadvantaged, women-owned, veteran-owned, HUBZone, and service-disabled veteran- owned small business concerns to obtain a fair proportion of government contracts
c. Promote efficiency and economy in contracting
d. Avoid unnecessary burdens for agencies and contractors

Answer 12

a. Reduce administrative costs
b. Improve opportunities for small, small disadvantaged, women-owned, veteran-owned, HUBZone, and service-disabled veteran- owned small business concerns to obtain a fair proportion of government contracts
c. Promote efficiency and economy in contracting
d. Avoid unnecessary burdens for agencies and contractors

Question 13

True or false: Agencies shall use simplified acquisition procedures to the maximum extent practicable for all purchases of supplies or services not exceeding the simplified acquisition threshold (including purchases at or below the micro-purchase threshold).
a. True
b. False

Answer 13

a. True

Question 14

When should CO’s solicit sealed bids? Select all that apply.
a. If the award will be made on the basis of price and other price-related factors
b. If it is not necessary to conduct discussions with the responding offerors about their bids
c. If there is a reasonable expectation of receiving more than one sealed bid
d. If time permits the solicitation, submission, and evaluation of sealed bids

Answer 14

a. If the award will be made on the basis of price and other price-related factors
b. If it is not necessary to conduct discussions with the responding offerors about their bids
c. If there is a reasonable expectation of receiving more than one sealed bid
d. If time permits the solicitation, submission, and evaluation of sealed bids

Question 15

True or false: In accordance with FAR part 15, after evaluation of offers the contracting officer may hold negotiations with offerors in the competitive range, advising each of the deficiencies in its proposal, and request final proposal revisions.
a. True
b. False

Answer 15

a. True

Question 16

True or false: Contract types vary according to the degree and timing of the responsibility assumed by the contractor for the costs of performance and the amount and nature of the profit incentive offered to the contractor for achieving or exceeding goals.
a. True
b. False

Answer 16

a. True

Question 17

What are the two broad categories of contract types?
a. Fixed-price
b. Time-and-materials
c. Cost-reimbursement
d. Labor-hour

Answer 17

a. Fixed-price
c. Cost-reimbursement

Question 18

True or false: A cost-reimbursement type contract places upon the contractor maximum risk and responsibility for all costs and resulting profit or loss.
a. True
b. False

Answer 18

b. False

Question 19

True or false: Cost-reimbursement types of contracts require the contractor to put forth a best effort to perform, and provide for payment of the contractor’s allowable, allocable, and reasonable incurred costs.
a. True
b. False

Answer 19

a. True

Question 20

True or false: A cost-plus-a-percentage-of-cost system of contracting is prohibited.
a. True
b. False

Answer 20

a. True

Question 21

What are the elements of a fixed-price incentive firm contract? Select all that apply.
a. Target cost
b. Target profit
c. Ceiling price
d. Profit adjustment formula

Answer 21

a. Target cost
b. Target profit
c. Ceiling price
d. Profit adjustment formula

Question 22

True or false: A cost-plus-incentive-fee contract specifies a target cost, a target fee, minimum and maximum fees, and a fee adjustment formula.
a. True
b. False

Answer 22

a. True

Question 23

What are TWO forms of cost-plus-fixed-fee contracts?
a. Term
b. Incentive
c. Completion
d. None of the above

Answer 23

a. Term
c. Completion

Question 24

True or false: A Procurement Instrument Identifier (PIID) is a unique number identifying each solicitation, contract, agreement, or order and related procurement instrument.
a. True
b. False

Answer 24

a. True

Question 25

True or false: Supplementary PIIDs are used to identify amendments to solicitations and modifications to contracts, orders, and agreements. a. True b. False

Answer 25

a. True

Question 26

The Uniform Contract Format (UCF) contains which of the following? Select all that apply. a. Part I–The Schedule b. Part II–Contract Clauses c. Part III–List of Documents, Exhibits, and Other Attachments d. Part IV–Representations and Instructions

Answer 26

a. Part I–The Schedule b. Part II–Contract Clauses c. Part III–List of Documents, Exhibits, and Other Attachments d. Part IV–Representations and Instructions

Question 27

True or false: Upon award, contracting officers shall not physically include Part IV in the resulting contract, but shall retain it in the contract file. The representations and certifications are incorporated by reference in the contract by using 52.204-19, or for acquisitions of commercial items, see 52.212-4(v). a. True b. False

Answer 27

a. True

Question 28

What is the first step in identifying a requirement to ensure it will support or improve the agency's mission and performance goals and objectives? a. Determine how much will it cost b. Determine if there are contractors who can meet the requirements c. Identify there is a problem d. Determine if a small business can fulfill the requirement

Answer 28

c. Identify there is a problem

Question 29

According to FAR 7.105, what are the two main parts of a written acquisition plan? a. Acquisition background and objectives and plan of action b. Competition and cost c. Performance period requirements and source selection procedures d. Risks and sources

Answer 29

a. Acquisition background and objectives and plan of action

Question 30

What is the most suitable contracting method for an acquisition of other than commercial products or commercial services expected to exceed $250,000, where the quality of the item is more important than the price paid? a. Contracting by negotiation b. Sealed bidding c. Simplified acquisition procedures d. Two-step sealed bidding

Answer 30

a. Contracting by negotiation

Question 31

When conducting market research, what must an agency do? a. First look to other than commercial products or commercial services to meet its need b. Not consider the acquisition history of the item because it is irrelevant to the present procurement c. Only collect information from the vendor to whom it intends to award the contract d. First consider mandatory sources before considering commercial sources

Answer 31

d. First consider mandatory sources before considering commercial sources

Question 32

The contract type that places the least risk on the government and greatest risk on the contractor is: a. Time-and-materials b. Firm-fixed-price c. Cost-plus-incentive-fee d. Cost-plus-award-fee

Answer 32

b. Firm-fixed-price

Question 33

Which of following is not a reason that the government may provide government-furnished property (GFP) and/or government-furnished information (GFI)? a. It is in the best interest of the government b. The benefit outweighs the increased cost of administration c. Government requirements cannot otherwise be met d. It results in decreased competition to enable more efficient source selection

Answer 33

d. It results in decreased competition to enable more efficient source selection

Question 34

When selecting a contract type, which of the following is true? a. The objective is to select a contract type that will result in the lowest government risk b. The objective is to select a contract type that will result in the lowest contractor risk c. The objective is to select a contract type that will result in a reasonable contractor risk d. Contractor risk is not considered when selecting a contract type

Answer 34

c. The objective is to select a contract type that will result in a reasonable contractor risk

Question 35

What level of competition is required for acquisitions using simplified acquisition procedures? a. Full and open competition after the exclusion of sources b. Competition to the maximum extent practicable c. Full and open competition d. Other than full and open competition

Answer 35

b. Competition to the maximum extent practicable

Question 36

You have been assigned the purchase of the GPS units. You and your customer both agree that this is a commercial product, there is adequate price competition, and there is little (if any) performance risk. What contract type should you recommend to your internal customer for the purchase of the GPS units? a. Time and materials (T&M) b. Cost-plus-fixed-fee (CPFF) c. Fixed-price award fee (FPAF) d. Firm-fixed-price (FFP)

Answer 36

d. Firm-fixed-price (FFP)

Question 37

Why should contracting officers use caution in selecting a time and materials contract? a. No ceiling price is available b. Contractors are not incentivized to control costs c. Contractors are able to achieve higher profits d. Performance risk is higher

Answer 37

b. Contractors are not incentivized to control costs

Question 38

The Uniform Contract Format (UCF) standardized the format for government negotiated solicitations and contracts for what? a. Commercial goods and services b. Construction contracts c. Requirements with values greater than the simplified acquisition threshold d. Letter requests for proposal

Answer 38

c. Requirements with values greater than the simplified acquisition threshold

Question 39

Using the UCF, where in the solicitation would a contractor find information about the source selection method and evaluation factors? a. Section C b. Section L c. Section A d. Section M

Answer 39

d. Section M

Question 40

Two days before the closing date for receipt of proposals, the requiring activity discovers that the quantities of several items to be procured under the solicitation need to be changed. The changes are relatively minor but may affect the total price of the requirement. What must the CO do? a. Amend the solicitation and extend the closing date for receipt of offers if necessary b. Immediately cancel the solicitation c. Amend the solicitation but keep the current closing date for receipt of offers even if potential offerors request an extension d. Do nothing and inform the requiring activity that it is too late to modify the solicitation

Answer 40

a. Amend the solicitation and extend the closing date for receipt of offers if necessary

Question 41

In a Procurement Instrument Identifier (PIID), what letter is used in position 9 for an invitation for bid? a. B b. C c. F d. H

Answer 41

a. B

Question 42

In a Fixed-price incentive (firm target) contract, the point where every dollar the contractor expends is subtracted from its target profit is referred to as what? a. The price ceiling b. The point of total assumption c. The range of incentive effectiveness d. Pessimistic profit

Answer 42

b. The point of total assumption