CON 1100V ACTUAL EXAM COMPLETE 280 QUESTIONS
AND DETAILED SOLUTIONS JUST RELEASED THIS YEAR
ALREADY GRADED A+ BY EXPERTS
CON 1100V UNIT 2 EXAM
Question: What are the 3 phases of the contracting lifecycle? - CORRECT
ANSWER✔✔
1) Pre-award
2) Award
3) Post-award
Question: What are the 2 stages in the Pre-Award phase of the contracting life
cycle? - CORRECT ANSWER✔✔
1) Acquisition Planning Stage
2) Solicitation Stage
1
SUCCESS!
,Page 2 of 50
Question: What are the 2 stages in the Award phase of the contracting life cycle?
- CORRECT ANSWER✔✔
1) Evaluation Stage
2) Award Stage
Question: What is the only stage of the Post-Award phase of the contracting life
cycle? - CORRECT ANSWER✔✔1) Contract Administration Stage
Question: When contemplating the business strategy of a procurement, what
should the acquisition team consider when aligning the strategy to contractor
motivations? - CORRECT ANSWER✔✔- type of contract
- length of contract
- financing arrangement
- profit/fee percentages
- performance evaluation
- data rights
- required warranties
- maintenance/sustainment
2
SUCCESS!
,Page 3 of 50
- future requirements
Question: What is the overall role of the contracting professional? - CORRECT
ANSWER✔✔Serve as the overall business advisor to the acquisition team. They
are responsible for guiding the customer through the contracting life cycle stages.
Question: What type of authority does a contracting officer hold in government
contracting? - CORRECT ANSWER✔✔Expressed actual authority
Question: List the four essential elements of a contract for it to be considered
valid. - CORRECT ANSWER✔✔1) Capacity
2) Mutual Assent
3) Consideration
4) Lawful Purpose
Question: When must the government promote competition in solicitations? -
CORRECT ANSWER✔✔Unless an exception applies or otherwise is expressly stated
authorized by statute, contracting officers must promote and provide for full and
open competition in soliciting offers and awarding government contracts.
3
SUCCESS!
, Page 4 of 50
Question: What are the seven exceptions to competition? - CORRECT
ANSWER✔✔
1) Only one responsible source and no other supplies or service will satisfy agency
requirements
2) Unusual and compelling urgency
3) Industrial mobilization; engineering, developmental, or research capability; or
expert services
4) International agreement
5) Authorized or required by statute
6) National security
7) Public interest
Question: What are the two preferred methods for determining a fair and
reasonable price? - CORRECT ANSWER✔✔- Comparison of proposed prices
received in response to the solicitation
- Comparison of previously proposed prices and previous Government and
commercial contract prices with current proposed prices for like items
4
SUCCESS!
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ressy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
