CON 3990 Exam Questions With Correct Answers 100%Solved
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CON 3990
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CON 3990
CON 3990 Exam Questions With Correct Answers 100%Solved
What is the Micro-purhcase threshold for supplies? - correct answer...$10k
All incentive contracts (schedule or performance) must also include what? - correct answer...Cost incentive or constraint
What requires funds to be used only f...
CON 3990 Exam FAR Parts Questions
With 100%Verified Solutions A+Graded
FAR Part 1 - correct answer...✔✔Federal Acquisition Regulation System
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 Service
FAR Part 10 - correct answer...✔✔Market Research
FAR Part 12 - correct answer...✔✔Acquisition of Commercial Items
FAR Part 13 - correct answer...✔✔Simplified Acquisition Procedures (SAP)
FAR Part 15 - correct answer...✔✔Contract by Negotiation
FAR Part 16 - correct answer...✔✔Types of Contracts
FAR Part 19 - correct answer...✔✔Small Business Programs
FAR Part 31 - correct answer...✔✔Contract Cost Principles & Procedures
FAR Part 33 - correct answer...✔✔Protests, Disputes, and Appeals
FAR Part 42 - correct answer...✔✔Contract Administration & Audit Services
FAR Part 44 - correct answer...✔✔Subcontracting Policies & Procedures
FAR Part 46 - correct answer...✔✔Quality Assurance
,FAR Part 49 - correct answer...✔✔Termination of Contracts
FAR Part 50 - correct answer...✔✔Extraordinary contractual actions and safety act
FAR Part 51 - correct answer...✔✔Use of Government Sources by Contractors
FAR Part 52 - correct answer...✔✔Solicitation Provisions and Contract Clauses
FAR Part 53 - correct answer...✔✔FORMS
Contracting Life Cycle Phases - correct answer...✔✔1. Pre-Award
2. Award
3. Post Award
Communication and Decision Making Bias - correct answer...✔✔1. Minimize influence
of Personal biases
2. Maximize the likelihood of a successful result.
3. Facilitate communication among affected parties.
Minimize the Effect of Personal Biases - correct answer...✔✔The contracting
professional should strive to minimize the influence of personal biases.
Maximize the likelihood of Successful Results - correct answer...✔✔1. AR 1.102-4(e)
states that contracting officers "should take the lead in encouraging business process
innovations and ensuring that business decisions are sound."
Facilitate Communications Among Affected Parties - correct answer...✔✔1. Effective
communication minimizes the effect of personal biases, maximizes the likelihood of
successful results, and facilitates communications among affected stakeholders.
Cost, quality and timeliness of products and services - correct answer...✔✔1. FAR
1.102-2(a) tells contracting professionals that a guiding principle is to satisfy customers
in terms of cost, quality, and timeliness of the delivered product or service.
Contracting Officer Representative (COR) - correct answer...✔✔1. FAR 1.602-2(d)(7)
states that contracting officers shall designate CORs in writing and furnish copies to the
contractor and the contract administration office
Standards of conduct - correct answer...✔✔1. FAR 3.101-1 tells us Government
business shall be conducted in a manner above reproach and, except as authorized by
statute or regulation, with complete impartiality and with preferential treatment for none.
Methods of disseminating information - correct answer...✔✔1. For proposed contract
actions expected to exceed $25,000, by synopsizing in theGovernment-wide Point of
, Entry (GPE).For proposed contract actions expected to exceed $15,000, but not
expected to exceed$25,000. by displaying in a public place.
Justification and Approval (J&A) - correct answer...✔✔2.FAR 6.303-1(a) states a
contracting officer shall not commence negotiations for a sole source
contract,commence negotiations for a contract resulting from an unsolicited proposal, or
award any othercontract without providing for full and open competition unless the
contracting officer-
I. Justifies, if required in FAR 6.302, the use of such actions in writing;
II. Certifies the accuracy and completeness of the justification;
III. (and) Obtains the approval required by FAR 6.304.
Post award orientation: - correct answer...✔✔1. FAR 42.501(a) states a post award
orientation aids both Government and contractor personnel to (1) achieve a clear and
mutual understanding of all contract requirements, and (2) identify and resolve potential
problems. However, it is not a substitute for the contractor's fully understanding the work
requirements at the time offers are submitted, nor is it to be used to alter the final
agreement arrived at in any negotiations leading to contract award.
Standards of Conduct: - correct answer...✔✔1. (FAR 3.101-1). Transactions relating to
the expenditure of public funds require the highest degree of public trust and an
impeccable standard of conduct. The general rule is to avoid strictly any conflict of
interest, or even the appearance of a conflict of interest in government-contractor
relationships.
Solicitation and Acceptance of Gratuities by Government Personnel - correct answer...
✔✔The overarching rule on accepting gifts from contractor/employees is at (FAR
3.101-2). You may not solicit gifts from anyone, for any reason. This means for yourself
or for others. Federal employees are prohibited from soliciting or accepting gifts.
Disclosures - correct answer...✔✔No person or other entity may disclose contractor bid
or proposal information or source selection information to any person other than a
person authorized, in accordance with applicable agency regulations or procedures, by
the agency head or the contracting officer.
Contracts with Government Employees: - correct answer...✔✔A contracting officer
shall not knowingly award a contract to a Government employee or to a business
concern or other organization owned or substantially owned or controlled by one or
more Government employees (FAR 3.601).
Personal Conflicts of interest: - correct answer...✔✔FAR part 3 covers polices and
procedures related to avoiding improper business practices and personal conflicts of
interest. A "personal conflict of interest" is a situation where an individual is employed
by a defense contractor company and is in a position to materially influence DOD's
recommendations and/or decisions and, because of his/her personal activities,
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