CON 1100V (DAU Course Material Review)
Questions and Answers
What are the two preferred methods for determining a fair and reasonable price? Correct
Ans-- 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
Where do we find information on TINA? Correct Ans-FAR 15.403-4
What are the two types of market research? Correct Ans-1) Strategic
2) Tactical
What is the difference between strategic and tactical market research? Correct Ans-Strategic
research is conducted continuously throughout the acquisition process. It enables acquisition,
engineer, project management personnel to stay informed about overall market developments,
trends, and capabilities. Tactical research is conducted at specific points during the acquisition
process. It is designed to provide a deeper understanding of the market and answer specific
questions about the capabilities of products or services available in the market.
What is the difference between a solicitation provision and a contract clause? Correct Ans-
Solicitation provision - terms and conditions used only in solicitations and applying only before
contract award.
, Contract clause - terms and conditions used in contracts or in both solicitations and contracts,
and applying after contract award or both before and after award.
What information does the inspection and acceptance clause provide? Correct Ans-- Rights
for inspecting and testing supplies and services to ensure they conform to the contract
requirements
- Procedures for handling nonconforming supplies and services
- Instructions for acceptance
What information does the changes clause provide? Correct Ans-permit the contracting
officer to make unilateral changes, in designated areas, that are within the scope of the contract
What information does the payment clause provide? Correct Ans-provide instructions on the
preparation and submission of invoices and guidelines for invoice payments
What needs to be disclosed in the OGE 450? Correct Ans-You must report yourself, your
spouse, and your dependent child.
What is considered "Contractor Bid or Proposal"? Correct Ans-proprietary information
What are the six roles of the acquisition team? Correct Ans-1) Program management
2) Engineering
3) Test and Evaluation
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