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CON 2370 Simplified Acquisition Procedure Exam - All Questions and Answers Updated, Exams of Contract Law

CON 2370 Simplified Acquisition Procedure Exam - All Questions and Answers Updated

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2024/2025

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CON 2370 Simplified Acquisition
Procedure Exam - All Questions and
Answers Updated
"(T02.E05a)
Which of the following is correct regarding documenting the award of a buy using SAP? - Correct
answer ($)Records of oral price quotations must be established to clearly reflect the appropriateness
of the award decision.
($)Award documentation should be kept to a minimum."
"(T02.E05c)
Which one of the following would result in the establishment of a contract? - Correct answer
($)Suppliers written acceptance of an order.
($)Supplier furnishes the ordered supplies"
"(T02.E01c)
Which of the following statements about solicitations using SAP is correct? - Correct answer ($)The
basis on which award will be made must be stated."
($) Buyers are encouraged to use best value.
"(T01.E02)
which one of the following mandatory Government sources is the first priority for satisfying a
requirement for supply? - Correct answer ($) Inventories of requiring agency"
"(T02.E03b)
Which one of the following statements about the evaluation of quotations or offers using SAP is
true? - Correct answer ($)Quotations or offers must be evaluated using the basis stated in the
solicitation.
(X) A formal evaluation plan must be established prior to the receipt of quotations or offers.
($)The contracting officer is required to consider all quotations and offers."
"(T02.E06)
Six quotes were received in response to your solicitation for new office equipment that utilized
lowest price technically acceptable source...
Vendor A quoted a price of $146,500;
Vendor B quoted a price of $128,250; and
Vendor C quoted a price of $132,800; - Correct answer ($)Vendor B is the apparent awardee and
price reasonableness would be base on competition."
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CON 2370 Simplified Acquisition

Procedure Exam - All Questions and

Answers Updated

"(T02.E05a) Which of the following is correct regarding documenting the award of a buy using SAP? - Correct answer ($)Records of oral price quotations must be established to clearly reflect the appropriateness of the award decision. ($)Award documentation should be kept to a minimum." "(T02.E05c) Which one of the following would result in the establishment of a contract? - Correct answer ($)Suppliers written acceptance of an order. ($)Supplier furnishes the ordered supplies" "(T02.E01c) Which of the following statements about solicitations using SAP is correct? - Correct answer ($)The basis on which award will be made must be stated." ($) Buyers are encouraged to use best value. "(T01.E02) which one of the following mandatory Government sources is the first priority for satisfying a requirement for supply? - Correct answer ($) Inventories of requiring agency" "(T02.E03b) Which one of the following statements about the evaluation of quotations or offers using SAP is true? - Correct answer ($)Quotations or offers must be evaluated using the basis stated in the solicitation. (X) A formal evaluation plan must be established prior to the receipt of quotations or offers. ($)The contracting officer is required to consider all quotations and offers." "(T02.E06) Six quotes were received in response to your solicitation for new office equipment that utilized lowest price technically acceptable source... Vendor A quoted a price of $146,500; Vendor B quoted a price of $128,250; and Vendor C quoted a price of $132,800; - Correct answer ($)Vendor B is the apparent awardee and price reasonableness would be base on competition."

(T03.E03b) You have just been informed that a purchase order you recently awarded for commercial services is no longer needed and must be canceled. The order was accepted in writing by the contractor. Which statement is true? - Correct answer ($)The purchase order must be terminated in accordance with FAR 12.403 and FAR 52.212-4." โ€œ(T01.E05) Which one of the following market research results would support a commercial item determination? Correct answer ($) The services are offered and sold competitively in substantial qualities in the commercial marketplace based on market prices. "(T01.E02b) You have a requirement for a new contract for janitorial services at your military instillation. The Base Commander...is not meeting the Commanders expectation. Consistent with the order of precedence for requirements documents, which of the following would be include in the new contract? - Correct answer ($) A performance work statement (PWS)" "(T01.E06) You have a requirement for repair parts to support routine maintenance services at the shop on your base. The parts are sold to the general public and are used for nongovernmental purposes. The estimated dollar value of the acquisition is $625,000. Which of the following statement is true? Correct answer ($) The use of simplified acquisition procedures is authorised. "(T01.E06) You have a requirement of water restoration services at your base in Louisiana. Three services are of type sold competitively in substantial quantities in the commercial marketplace base on market prices. The estimated dollar value of the acquisition is $1,250,000. Which of the following statement is true? Correct answer ($) The use of simplified acquisition procedures is authorised. "(T01.E02a) You are reviewing the requirements package for the purchase of videoconferencing equipment...requires a particular brand name because the users are familiar with this brand of equipment and would prefer not to have to learn how to use...Which is correct regarding the policies for describing your agency's need? - Correct answer ($)The brand name purchase description is not justified and must be revised to allow companies with similar products to compete."

Which one of the following market research results would NOT support a commerciality determination? - Correct answer ($)The part was developed using Government funding and is only sold to DoD agencies." "(T02.E01b) You have a requirement for a one-time purchase with an estimated value of $18,700. This acquisition is not required to be synopsized....which describes the competition requirement for this acquisition?

  • Correct answer ($)Competition is normally obtained by soliciting from sources within the local trade area." "(T02.E01a) You are the buyer for a construction requirement with an estimated value of $75,000. A notice of the proposed contract action is required... - Correct answer ($)Written solicitation" "(T03.E01a) You are the contracting officer for a noncommercial supply contract valued at $155,600... unilateral mod - Correct answer ($) Making a negotiated equitable adjustment. ()Issuing a termination notice" "(T02.01b) You have the requirement for a one-time purchase with an estimated value of $180,700. you are not required to synopsize this contract... - Correct answer ($)Quotes must be solicitated from all sources within the local trade area." "(T02.E01c) Which one of the following statements about solicitations using SAP is correct? - Correct answer ($)Stating the relative importance to each evaluation factor is not required." "(T03.E03a) You are the contracting officer for a firm-fixed-price purchase order for commercial services with a value of $1,425,000. Your customer notified you that one of the contractual reports was summited five days late. You investigate and verify the report was submited late... which is FALSE? - Correct answer ($)The Government must pay for reperformance of the nonconforming service because the report was accepted." "(T01.E02a) You are reviewing the requirements package for the purchase of lab equipment for a health clinic that does not exceed the SAT...Market research identifies only one manufacturer able to meet the

requirement for compatible equipment. - Correct answer ($)The basis for not providing for maximum competition must be documented in the contract file." "(T01.E05) which one of the following market research results would NOT support a commerciality determination? - Correct answer ($)The part sold to the general public needs extensive modifications not customarily available in the commercial marketplace." "(T03.E02) You are the contracting officer for a firm-fixed-price commercial services contract that was partially terminated for continence... - Correct answer ($)The contract is considered close once you receive evidence of receipt of property and final payment." "(T01.E06) You have a requirement for water restoration services at your base in Louisiana. These services are of a type sold competitively in substantial quantities in the commercial marketplace based on market price. The estimated dollar value of this acquisition is $1,250,000... - Correct answer ($)The use of simplified acquisition procedures is authorized." "(T02.E05b) You just made an award for services in the amount of $235,200 based on price and past performance.... - Correct answer ($) You must provide a brief explanation of the basis for the award decision." "(T01.E04) You have a requirement for administrative support with an estimated value of $1,500,000....th list of offerors include 4 small businesses and 8 large businesses... - Correct answer ($)The entire acquisition must be set aside exclusively for small business." "(T02.E04) You are the contracting officer for a commercial product requirement with an estimated value of $178,000. Only one quotation was received...the information obtained through market research is insufficient to determine the quoted price fair and reasonable... - Correct answer ($)Recent purchase prices paid for the item under similar term and conditions should be considered if they are still a valid comparison." "(T02.E01d) You are the contracting officer for a construction requirement with an estimated value of $20,600.Access to a written solicitation will not be provided in the GPE, and none of the exceptions in FAR5.202 apply... - Correct answer ($)public space"

You are the contracting officer for a commercial services requirement with an estimated value of $2,600,000. None of the exceptions in FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action? - Correct answer ($) transmitted into GPE" "(T02.E01a) You have a requirement for a purchase with an estimated value of $13,000. The use of electronic commerce is not practical, and notice of the proposed contract action is not required... - Correct answer ($) Oral solicitation" "(T02.E06) Only one quote was received in your competitive solicitation for Government-unique tool kits that utilized the lowest price technically acceptable source selection process. The quote, To0ol Warehouse, was determined to be technically acceptable and was for $124,500... - Correct answer (X)The award can only be made to Tool Warehouse after obtaining approval for the absence of competition." "(T02.E01a) You have a requirement for a noncommercial purchase with an estimated value of $225,000. Notice of the proposed contract action is required... - Correct answer (X) Written Solicitation" "(T02.E02) You have a one-time requirement for a purchase of noncommercial supplies with an estimated value of $235,000.The supplies are not immediately available... - Correct answer (X)BPA" "You are the contracting officer for a requirement for commercial services with an estimated value of $780,000. Four quotations were received in response to the solicitation and market pricing is available. Which one of the following statements about the price reasonableness determination is most appropriate? - Correct answer Market research must be conducted or obtained to support the fair and reasonable determination." "Three quotes were received in response to your solicitation for training services. Evaluation was based on a tradeoff between price and past performance. The assigned past performance ratings and quoted prices were as follows: Vendor A โ€” Unacceptable, $216,150; Vendor B โ€” Acceptable, $248,500; and Vendor C โ€” Outstanding, $237,200. Which one of the following statements about the award decision is correct? - Correct answer Vendor C is the apparent awardee and price reasonableness would be based on competition" "Which one of the following is NOT a mandatory Government source for satisfying a supply requirement? - Correct answer Commercial sources"

"You have a repetitive requirement for individual purchases of the same commercial service. The estimated value of the individual purchases range from $75,000 to $500,000. Which one of the following simplified acquisition methods would be the most appropriate to use? โ€“ Correct answer Blanket Purchase Agreement (BPA)"