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5 Stages of the contracting life cycle - ANSWER -Acquisition planning
-solicitation
-evaluation
-award
-contract administration
Which stage includes modifications, performance, payments, and contract closeout? - ANSWER contract
administration stage
The purpose of the Contracting Subway Map is to - ANSWER provide the user with a generalized order of
events in the acquisition contracting process
1. What affects how we effectively motivate contractors through the life cycle? - ANSWER governments
business strategies
contracting officer - ANSWER a person with the authority to enter into, administer, and/or terminate
contracts and make related determinations and findings
Contract Specialist - ANSWER A person responsible for assisting the KO through every stage of contract
development, from researching the acquisition regulations, to negotiating the terms , and preparing
contract documents.
,When contemplating the business strategy of a procurement, what should the acquisition team consider
when aligning the strategy to the contractor motivations? - ANSWER Contract type and length, financing
arrangements, profit/fee percentages, performance evaluation, data rights, required warranties,
maintenance/sustainment, and future requirements
What is the role of the contracting professional? - ANSWER Guiding customer and other stakeholders
through contract life cycle stages
T/F Contract management requires both general and business skills in areas such as problem solving,
critical thinking, costumer focus, communication, and technical credibility. Successful contract
management does not allow for adaptability in a changing business environment. - ANSWER False
One of the initial steps in Acquisition Planning is to identify the Acquisition Team. FAR 1.102-4(e)
describes the role of the Contracting Officer within the Acquisition Team - ANSWER It says that
Contracting officers should take the lead in encouraging business process innovations and ensuring that
business decisions are sound.
The Adaptive Acquisition Framework (AAF) includes six pathways to enable the workforce to tailor
strategies to deliver better solutions faster. What are those 6 pathways? - ANSWER 1. Urgent Capability
2. Middle Tier DoD
3. Major Capability
4. Software Acquisition
5. Defense Business
6. Acquisition of Services
Urgent Capability - ANSWER fulfill urgent existing and/or emerging operational needs or quick reactions
in less than two years.
Middle Tier DoD - ANSWER rapidly develop fieldable prototypes within acquisition program to
demonstrate new capabilities and/or rapidly field production quantities of systems with proven
technologies that require minimal development.
Major Capability - ANSWER acquire and modernize military unique programs that provide enduring
capability
, Software Acquisition - ANSWER facilitate rapid and iterative delivery of software capability systems to
user
Defense Business - ANSWER acquire information systems that support DoD business operations
Acquisition of Services - ANSWER acquire services from private sector including knowledge-based,
construction, electronics and communications, equipment, facilities, product support, logistics, medical,
research and development, and transportation services.
Acquisition planning must involve all personnel responsible for significant aspects of the acquisition.
What is the purpose of acquisition planning? - ANSWER Ensure Government meets its needs in the most
effective, economical, and timely manner
Market research means ____ information about capabilities within the market to satisfy agency needs. -
ANSWER collecting and analyzing
Simplified acquisition is an acquisition method prescribed by FAR part 13 for purchasing supplies and
services, including construction, research and development, and commercial items, for which the
aggregate amount does not exceed the ____ which currently is ____. - ANSWER Simplified acquisition
threshold (SAT); $250k
Generally, contract types are grouped into what two families? - ANSWER fixed price; cost reimbursement
What is the official U.S. Government website that contracting officers use to publicize contracting
opportunities? - ANSWER sam.gov
When drafting a solicitation, what tool provides guidance on the use of all provisions and clauses
contained in FAR, DFARS, VAAR, and DEAR? It also includes guidance on the use of provisions and clauses
contained in DoD class deviations. - ANSWER Acquisition.gov
Which best value source selection process allows the Government to award to other than the lowest
priced offeror or other than the highest technically rated offeror? - ANSWER tradeoff
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