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CON 2370 Simplified Acquisition Procedures, CON 2370 Simplified Acquisition Procedures Exam Questions And Answers. Verified and Updated$12.49
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CON 2370 Simplified Acquisition Procedures, CON 2370 Simplified Acquisition Procedures Exam Questions And Answers. Verified and Updated
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Course
CON 2370
Institution
CON 2370
EXAM STUDY MATERIALS July 24, 2024 1:33:58 PM
CON 2370 Simplified Acquisition
Procedures, CON 2370 Simplified
Acquisition Procedures Exam Questions And
Answers. Verified and Updated
T01.E06
You have a requirement for water restoration services at your base in Louisiana. Three services
are of...
EXAM STUDY MATERIALS July 24, 2024 1:33:58 PM CON 2370 Si mplified Acquisition Procedures , CON 2370 Simplified Acquisition Procedures Exam Questions And Answers. Verified and Updated T01.E06 You have a requir ement for water restoration services at your base in Louisiana. Three services are of a 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 is true? - answer✔✔the use of simplified acquisition procedures is authorized. T03.E03a You are the contracting office for a firm -fixed -price purchase order for commercial supplies with a value of $565,000. Two weeks after delivery and acceptance of the items, the user complains that the goods are not functioning as expected. You Investigate and determine that the items are not fully compliant with the specification in the contract. who would bear the cost of correcting the nonconformin g supplies that were accepted by the Government? - answer✔✔The Contractor T02.E05b You just made a purchase for supplies in the amount of $22,300. You solicited quotations orally from four local sources. Which of the following statements is correct regard ing providing notice to the unsuccessful suppliers? - answer✔✔Notice to the unsuccessful suppliers will only be given if requested. T02.E04 EXAM STUDY MATERIALS July 24, 2024 1:33:58 PM You are the contracting officer for a requirement for commercial services with and estimated value of $780,000. Fou r 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? - answer✔✔Market research must be conducted or obtained to support the fair and reasonable determination. T03.E02 You are the contracting officer for a firm -fixed -priced services contract valued at $105,975. Which one of the following statements about closeout is correct? - answer✔✔The contract is considered close d once you've received evidence of receipt of service and final payment. T02.E03a Which one of the following is NOT one of the first steps taken when questions are received in response to a solicitation using SAP. - answer✔✔Reviewing the quotations for re sponsibility (1 of 3 known answers) T01.E04 You have a requirement for administrative support with an estimated value of $1,500,000. Market research shows numerous potential offerors that are competitive in terms of market price quality, and delivery. That list of potential offerors includes 4 small businesses and 8 large businesses. - answer✔✔The entire acquisition must be set aside exclusively for small business. T02.E01d You are the contracting officer for a construction requirement with and estimated value of $20,600. Access to the written solic itation will not be provided in the GPE, and none of the exceptions are FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action.? - answer✔✔Notice of the solicitation, or copy of the sol icitation, must be posted in a public place. T03.E01a EXAM STUDY MATERIALS July 24, 2024 1:33:58 PM You are the contracting officer for a noncommercial bilateral purchase order for supplies valued at $155,600. Which one of the following actions would be executed using a unilateral modification? - answer✔✔Issuing a termination notice. T01.E01 Which of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? - answer✔✔Purchases shall be made in the simplified manner that is most suable to the circu mstances of the acquisition. (1 of 2 answers) 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, and no exceptions apply. Which one of the following solicit ation methods would be most appropriate? - answer✔✔Electronic, Commerce T02.E05a Which one of the following is correct regarding documenting the award of a buy using SAP? - answer✔✔Award documentation should be kept to a minimum. T02.E05c Which one of th e following would result in the establishment of a contract? - answer✔✔Supplier's written acceptance of an order. T02.E01c Which of the following statements about solicitations using SAP is correct? - answer✔✔Buyers are encouraged to use best value. (1 of 3 known answers) To1.E03 Which one of the following mandator Government sources is the first priority for satisfying a requirement for supplies? - answer✔✔Inventories of the requiring agency
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