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CON 200 Business Decisions for Contracting Exam questions and Answers
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CON 200 Business Decisions for Contracting Exam questions and Answers
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CON 200 Business Decisions for ContractingExam questions and Answers
Although undefinitized contract actions (UCAs) may be necessary to support
urgent needs, these actions are not a desirable form of contracting because
the government bears the majority of the cost and risk during the
undefinitized period. - -True
- How does a cost-plus-incentive-fee (CPIF) contract differ from a fixed-price
incentive firm (FPIF) contract? - -CPIF contracts do not have a ceiling price
- Which of the following is a factor that must be considered when
determining the depth and breadth of acquisition planning that a
requirement will demand? - -Urgency of need
- A tsunami has slammed into Kunsan Air Base, causing extreme damage to
the runway. After preservation of life and limb, it is critical that Kunsan be
able to resume its flying mission. You have been tasked with getting this
runway up and running as soon as possible. How can you best accomplish
this objective? - -Award an undefinitized contract action in the form of a
letter contract
- All of the following factors must be considered when determining the depth
and breadth of acquisition planning required; the complexity of the
requirement, acquisition history, dollar size of the acquisition, and the
urgency of the need. - -True
- On a Navy ship construction contract, 50 percent of the award fee money,
or $28 million, was based on management criteria that did not directly relate
to shipbuilding requirements. What does the use of such criteria represent? -
--DoD's ability to structure the contract in a way that effectively motivates
contractors to improve performance and achieve acquisition outcomes
*-DoD's failure to structure the contract in a way that effectively motivates
contractors to improve performance and achieve acquisition outcomes
-DoD's practice of paying the contractor only when acquisition outcomes are
achieved
-DoD's use of objective criteria to measure performance under an incentive
contract.
- One of the key characteristics that differentiates the various types of
incentive contracts is whether or not objective targets can be established for
performance. Which incentive type contract is most appropriate when
objective targets for performance can be established? - --Cost-plus-award-
fee
*-Cost-plus-incentive-fee
, -Fixed-price award fee
-Firm-fixed price
- You are planning a solicitation that offers a government property. Identify
the item that you will require a contractor to submit with his/her offer. - --
The specific date during which property will be used
*-A description of the Property Management Plan
-A statement that property is furnished as is
-A Property Control System
- You are working on an undefinitized contract action (UCA) for the purchase
of cargo hooks for the CH-47 Chinook helicopter. The not-to-exceed (NTE)
price is $7,000,000. Can you obligate the total amount at time of award?
Why or why not? - --Yes, the regulations allow you to obligate 100% of the
NTE price prior to definitization
-No, the regulations only allow you to obligate up to 20% of the NTE price
prior to definitization
-Yes, the regulations allow you to obligate 20 percent of the NTE price prior
to definitization
*-No, the regulations only allow you to obligate up to 50 percent of the
estimated definitized contract cost price prior to definitization
- As a best practice, when should the small business professional become
involved in acquisition planning? - -As early as possible in the procurement
process
- Market research indicates that no small business can meet your acquisition
requirements. Which member of the Acquisition Team is most appropriate for
coordinating the findings and seeking assistance from outside agencies? - --
Competition advocate
-Program Manager
-Contracting Officer
*-Small Business Professional
- Federal agencies are required to include an overall price ceiling in a
contract with the award is based on competition; however DoD contracting
officers are NOT required to include any type of price ceiling in any of its
undefinitized contract actions. - -False
- You have been given a requirement to purchase the last lot of a jet aircraft.
This aircraft has been successfully deployed for many years. You are working
with the Program Manager (PM) to determine the best source selection
technique to use for this requirement. The PM tells you the requirements are
well-defined, risk of unsuccessful performance is minimal, and there is no
value, need, or willingness to pay for higher performance. What source
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