CON 3990 Exam FAR Parts/ CON 3990 Exam Updated
Question 1: What type(s) of contracts can be awarded when
acquiring commercial items of supply?
CORRECT ANSWER: Only firm-fixed-price contracts or
fixed-price contracts with economic price adjustment
Question 2: Does the Government's policy to require prime
contractors to incorporate, to the maximum extent practicable, commercial items or non-developmental items as components of items supplied to the agency, apply to subcontractors at all levels?
CORRECT ANSWER: Yes.
Question 3: The Government has a requirement for computer
equipment. The program office indicates that its users will have no need for performance capabilities beyond the minimum technical specifications stated in the purchase request. Which source selection process would be most appropriate in this situation?
CORRECT ANSWER: Lowest price technically acceptable
Question 4: Which contract type shifts cost risk from the
Government to the contractor?
CORRECT ANSWER: Fixed-price
Question 5: Which section of the uniform contract format
(UCF) exists to include negotiated, meaningful special contract requirements that are not included in Section I, Contract clauses, or in other sections of the UCF?
CORRECT ANSWER: Section H
Question 6: In the FAR, the term "discussions" is
synonymous with which of the following?
CORRECT ANSWER: Negotiations
Question 7: A proposal submission time and date of 2 p.m. on
February 3, 2020, appeared on the cover page of a Government solicitation. Based on the information provided at FAR 52.215-1, Instructions to Offerors - Competitive Acquisitions, which of the following proposals is late?
CORRECT ANSWER: The contractor provided its proposal
at 2:15 p.m. on February 3, 2020.
Question 8: What is the preferred method to make a purchase
at or below the micro-purchase threshold?
CORRECT ANSWER: Governmentwide commercial
purchase card
Question 9: When does title for a completed product transfer
to the Government, assuming the product meets all contract requirements?
CORRECT ANSWER: Upon formal acceptance by the
Government
Question 10: Contract files for contracts using simplified
acquisition procedures should be considered closed when the contracting officer receives evidence of two things. The first is receipt of the property or service. What is the second?
CORRECT ANSWER: Final payment
Question 11: Your customer comes to you anticipating a new
requirement, one that has not been purchased recently. You'd like to refer them to the FAR part dealing specifically with market research. Which FAR part do you refer them to?
CORRECT ANSWER: FAR part 10
Question 12: Terms that address specific types of exchanges
with offerors after receipt of proposals include:
CORRECT ANSWER: Communications, discussions, and
clarifications
Question 13: In a competitive source selection, does the FAR
require you to have the exact same "discussions" with each offeror in the competitive range?
CORRECT ANSWER: No, discussions are tailored to each
offeror's proposal.
Question 14: With limited exceptions, a Contractor
Performance Assessment Reporting System (CPARS) report