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2023-2024 CON 2370 SIMPLIFIED ACQUISITION PROCEDURES SAP QUESTIONS AND VERIFIED ANSWERS, Exams of International Business

2023-2024 CON 2370 SIMPLIFIED ACQUISITION PROCEDURES SAP QUESTIONS AND VERIFIED ANSWERS (GRADED A+) | LATEST EDITION

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2023-2024 CON 2370 SIMPLIFIED
ACQUISITION PROCEDURES SAP
QUESTIONS AND VERIFIED ANSWERS
(GRADED A+) | LATEST EDITION
You are the contracting officer for a firm-fixed price supply contract valued at
$195,400. Which one of the following statements about contract closeout is
correct? -----CORRECT ANSWER-------------The contract is considered
closed once you receive evidence of receipt of property and final payment.
Which of the following statements is true regarding the policies for the use of
simplified acquisition procedures (SAP)? -----CORRECT ANSWER-------------
Purchases shall be made in the simplified manner that is most suitable to the
circumstances of the acquisition.
You have just been informed that a purchase order you recently awarded for
commercial supplies is no longer needed and must be cancelled. The order
was not accepted in writing by the contractor. Which one of the following
statements is true? -----CORRECT ANSWER-------------The purchase order is
considered cancelled if the contractor accepts the Government's written
cancellation and does not claim costs were incurred.
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.
You just made an award for services in the amount of $235,200 based on
price and past performance. One of the unsuccessful vendors has requested
information on the award decision. Which one of the following describes the
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2023 - 2024 CON 2370 SIMPLIFIED

ACQUISITION PROCEDURES SAP

QUESTIONS AND VERIFIED ANSWERS

(GRADED A+) | LATEST EDITION

You are the contracting officer for a firm-fixed price supply contract valued at

$195,400. Which one of the following statements about contract closeout is

correct? -----CORRECT ANSWER-------------The contract is considered

closed once you receive evidence of receipt of property and final payment.

Which of the following statements is true regarding the policies for the use of

simplified acquisition procedures (SAP)? -----CORRECT ANSWER-------------

Purchases shall be made in the simplified manner that is most suitable to the

circumstances of the acquisition.

You have just been informed that a purchase order you recently awarded for

commercial supplies is no longer needed and must be cancelled. The order

was not accepted in writing by the contractor. Which one of the following

statements is true? -----CORRECT ANSWER-------------The purchase order is

considered cancelled if the contractor accepts the Government's written

cancellation and does not claim costs were incurred.

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.

You just made an award for services in the amount of $235,200 based on

price and past performance. One of the unsuccessful vendors has requested

information on the award decision. Which one of the following describes the

action you must take? -----CORRECT ANSWER-------------You must provide

a brief explanation of the basis for the award decision.

You have a one-time requirement for a purchase of noncommercial supplies

with an estimated value of $235,000. The supplies are not immediately.

Which one of the following simplified acquisition methods would be the most

appropriate to use? -----CORRECT ANSWER-------------Purchase Order

You have a requirement for a new contract for grounds maintenance at your

military installation. The Base Commander has expressed the need for

clearly stated performance objectives, as the current contractor performaing

the services is not meeting the Commander's expectations. Consistent with

order of precedence for requirements documents, which one of the following

documents would be included in the new contract? -----CORRECT

ANSWER-------------A Performance Work Statement (PWS)

Which one of the following is NOT a mandatory Government source for

satisfying a supply requirement? -----CORRECT ANSWER-------------

Commercial sources

You have a requirement for a purchase with an estimated value of $8,700.

Which one of the following describes the competition requirement for this

acquisition? -----CORRECT ANSWER-------------There is no requirement for

competition if the price is considered reasonable.

Which one of the following is NOT one of the first steps taken when

quotations are received in response to a solicitation using SAP? -----

CORRECT ANSWER-------------Ranking the quotations by technical

acceptability

You have a requirement for repair parts to support routine maintenance

services at the shop on your base. The parts were developed using

You are the contracting officer fir a commercial services contract valued at

$3,750,000. Which one of the following statements regarding changes to the

contract is true? -----CORRECT ANSWER-------------Any change to the

contract terms must be made by written agreement of the parties.

You are a contracting officer for a commercial services contract that contains

options. You send preliminary notice of your intent to extend the contract

within the timeframe outlined in the options clause. Which one of the

following statements is correct? -----CORRECT ANSWER-------------You may

exercise the option using a unilateral modification.

Which one of the following statements about solicitations using SAP is

correct? -----CORRECT ANSWER-------------The basis on which award will be

made must be stated.

You are reviewing the requirements package for the purchase of automatic

standby generators. Market research results identify multiple sources in the

commercial marketplace that meet the essential physical characteristics for

this requirement. The generators were previously procured using a military

specification that includes restrictive conditions that are not justified. Which

one of the following is correct regarding the policies for describing your

agency's needs? -----CORRECT ANSWER-------------The requirement should

be defined in terms that ensure it can be met by commercial products.

Which one of the following would result in the establishment of a contract? ---

--CORRECT ANSWER-------------Supplier's written acceptance of an order

You have a one-time requirement for a purchase of noncommerical supplies

with an estimated value of $235,000. The supplies are not immediately

available. Which one of the following simplified acquisition methods would be

the most appropriate to use? -----CORRECT ANSWER-------------Purchase

Order

You are the contracting officer for a noncommerical supply contract valued at

$155,600. Which one of the following actions would be executed using a

bilateral modification? -----CORRECT ANSWER-------------Making a

negotiated equitable adjustment

You just made a purchase for services in the amount of $20,700. You used a

written solicitation to solicit quotations from three local sources.

Which one of the following statements is correct regarding providing notice to

the unsuccessful vendors? -----CORRECT ANSWER-------------Notice to the

unsuccessful vendors will only be given if requested.

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.

You are the contracting officer for a firm-fixed price commercial services

contract that was partially terminated for convenience. You are in the process

of negotiating the termination settlement. All services that were not

terminated were successfully performed. Which one of the following

statements about contract closeout is correct? -----CORRECT ANSWER------

-------The contract file cannot be closed at this time.

Which one of the following statements is true regarding the policies for the

use of simplified acquisition procedures (SAP)? -----CORRECT ANSWER-----

--------Agencies cannot separate requirements into smaller purchases that do

not exceed the SAT merely to permit the use of SAP.

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

following statements is true? -----CORRECT ANSWER-------------The use of

simplified acquisition procedures is authorized.

Which one of the following statements it true regarding the policies for the

use of simplified acquisition procedures (SAP)? -----CORRECT ANSWER-----

--------The purpose of SAP is to improve opportunities for small businesses to

obtain a fair portion of Government contracts.

You are the contracting officer for a commercial product requirement with an

estimated value of $415,000. Six quotations that meet the Government's

requirement were received in response to the solicitation and there is no

reason to believe the proposed prices are unreasonable. Which one of the

following statements about the prices reasonableness determination is most

appropriate? -----CORRECT ANSWER-------------Comparison of the

quotations will likely meet the requirements to obtain market research in

support of the fair and reasonable determination.

Which one of the following market research results would support a

commerciality determination? -----CORRECT ANSWER-------------The

services are offfered and sold competitively in substantial quantities in the

commercial marketplace based on market prices.

Which one of the following statements about solicitations using SAP is

correct? -----CORRECT ANSWER-------------Buyers are encouraged to use

best value.

Which one of the following would result in the establishment of a contract? ---

--CORRECT ANSWER-------------Supplier furnishes the ordered supplies

You are the contracting officer for a firm-fixed-prices services contract valued

at $105,975. Which one of the following statements about contract closeout

is correct? -----CORRECT ANSWER-------------The contract is considered

closed once you've received evidence of receipt of services and final

payment.

You have a requirement for administrative support with an estimated value of

$1,500,000. Market research shows there are numerous potential offerors

that are competitive in terms of market prices, quality, and delivery. The list

of potential offerors includes 4 small businesses and 8 large businesses.

Which one of the following statements is correct? -----CORRECT ANSWER--

-----------The entire acquisition must be set aside exclusively for small

business.

You have been informed that a purchase order you recently awarded for

commercial services is no longer needed and must be cancelled. The order

was accepted in writing by the contractor. Which one of the following

statement is true? -----CORRECT ANSWER-------------The purchase order

must be terminated in accordance with FAR 12.403 and FAR 52.212-4.

Which one of the following is correct regarding documenting the award of a

buy using SAP? -----CORRECT ANSWER-------------Award documentation

should be kept to a minimum.

Only one quote was received in response to your competitive solicitation for

Government-unique tool kits that utilized the lowest price technically

acceptable source selection process. The quote, from Tool Warehouse, was

determined to be technically acceptable and was for a price of $124,500.

Which one of the following statements about the award decision is correct? --

---CORRECT ANSWER-------------Award can be made to Tool Warehouse if

the price can be determined reasonable using any reasonable basis.

Which one of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? - Answer Not - Purchases shall be made in the simplified manner that is most suitable to the circumstances of the acquisition.

Not - The Procurement List maintained by The Committee for Purchase From PeopleWho Are Blind or Severely Disabled Inventories of the requiring agencies You have a requirement for help desk support with an estimated value of $450,000. Market research shows there are numerous potential offerors that are competitive in terms of market prices, quality, and delivery. The list of potential offerors includes 6 small businesses and 4 large businesses. Which one of the following statements is correct? - Answer Not - A portion of the acquisition may be set aside exclusively for small business Not - The entire acquisition must be set aside exclusively for small business Which one of the following market research results would NOT support a commercialitydetermination? - Answer Not - The tool is sold on a competitive basis in substantial quantities to multiple State governments and was developed at private expense. Not - The services are offered and sold competitively in substantial quantities in the commercial marketplace based on a catalog. Not - The equipment has been offered for sale to the general public and will be used for nongovernment purposes. The part sold to the general public needs' extensive modifications not customarily available in the commercial marketplace. You have a requirement for water restoration services at your base in Louisiana. Theseservices are of a type sold competitively in substantial quantities in the commercial marketplace based on market prices. The estimated dollar value of the acquisition is $1,250,000. Which one of the following statements is true? - Answer The use of simplified acquisition procedures authorized. You are the buyer for a construction requirement with an estimated value of $75,000. A notice of the proposed contract action is required. Which one of the following solicitation methods must be used? - Answer Not - Electronic Solicitation Not - Combined synopsis/solicitation

Written Solicitation You have a requirement for a one-time purchase with an estimated value of $180,700. You are not required to synopsize this contract action. Which one of the following describes the competition requirement for this acquisition? - Answer Not - The acquisition must utilize full and open competition. Not - There is no requirement for competition if the price is considered reasonable. Not - Quotes must be solicitated from all sources within the local trade area Quotes must be solicited from at least three sources Which one of the following statements about solicitations using SAP is correct? - Answer Not - Evaluations subfactors must be listed Not - It is not necessary to include the basis on which award will be made Not - Evaluations subfactors must be listed Not - It is not necessary to include the basis on which award will be made Not - The relative importance of each evaluation factor must be stated Buyers are encouraged to use best value Not - Buyers are discouraged from using best value Stating the relative importance assigned to each evaluation factor is not required. The basis on which award will be made must be stated. 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? - Answer Notice of the proposed action must be transmitted to the GPE. You have a repetitive requirement for individual purchases of the same commercialservice. The estimated value of the individual purchases range from $75,000to $500,000.

Which one of the following is NOT one of the first steps taken when quotations are received in response to a solicitation using SAP? - Answer Not - Reviewing the quotations for responsibility Not - Reviewing electronic and digital submission to ensure they are readable Not - Ranking the quotations by technical acceptability Ensuring quotations are marked with the date and time they were received

  1. Documenting the quotations with the date and time they were received Not - Safeguarding proprietary and sensitive information in the quotations form improper release. Which one of the following statements about the evaluation of quotations or offers using SAP is true? - Answer Not - discretion to evaluate quotations. Not - A formal evaluation must be established prior to evaluating quotations or offers. Not - A formal evaluation plan must be established prior to receipt of quotations or offers Not - For efficiency purposes, the contracting officer is not required to consider all quotations or offers. Not - Conducting comparative evaluations of quotations or offers is not permitted. Not - Contracting officers have the discretion to use the evaluation procedures prescribed in FAR parts 14 and 15.
  2. Quotations or offers must be evaluated using the basis stated in the solicitation. The contracting officer is required to consider all quotations or offers Which one of the following is NOT correct regarding documenting the award of a buyusing SAP? - Answer 19. Maybe not - Records of oral price quotations must be established to clearly reflect the appropriateness of the award decision. Not - Price reasonableness should be based on competitive quotes or offers wheneverpossible.

Not - A statement of price reasonableness is not required when only one quote or offer is received.

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 Not - Making a negotiated equitable adjustment Not - Recognizing an agreement to modify the schedule.Issuing a termination notice You are the contracting officer for a firm-fixed-price purchase order for commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the Government was submitted five dayslate. You investigate and verify that the report was submitted late. Which one of the following statements regarding the nonconforming performance is FALSE? - Answer Not - The Government may seek an equitable price reduction for accepting the late report if reperformance of the nonconforming service is not possible. Not - The government may seek consideration for accepting the late report if reperformance of the nonconforming service is not possible. Not - The Government may require reperformance of the nonconforming service at no increase to the contract price. The government must pay for the reperformance of the nonconforming service becausethe report was accepted. You have just been informed that a purchase order you recently awarded for commercial supplies is no longer needed and must be cancelled. The order was not accepted in writing by the contractor. Which one of the following statements is true? - Answer Not - The purchase order is considered cancelled if the contractor accepts the Government's written cancellation and does not claim costs were incurred. Not - The purchase order must be terminated in accordance with FAR 12. and Far 52.212- 4 Not - A purchase order cannot be cancelled afterward unless the contractor is in default. You are reviewing the requirements package for the purchase of automatic standby generators. Market research results identify multiple sources in the commercial marketplace that meet the essential physical characteristics for this

Which one of the following is correct regarding the policies for describing your agency's needs? - Answer The requirement should be defined in terms that ensure it can be met by commercial products. Only one quote was received in response to your competitive solicitation for Government-unique tool kits that utilized the lowest price technically acceptable source selection process. The quote, from Tool Warehouse, was determined to be technically acceptable and was for a price of $124,500. Which one of the following statements about the award decision is correct? - Answer Not - The requirement must be reconsolidated in order to obtain competition. 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 solicitation methods would be most appropriate? - Answer Not - Combined synopsis/solicitation. not written solicitation Not - Written solicitation. Not - Oral solicitation Electric Commerce You are the contracting officer for a commercial product requirement with an estimated value of $415,000. Six quotations that meet the Government's requirement were received in response to the solicitation and there is no reason to believe the proposed prices are unreasonable. Which one of the following statements about the price reasonableness determination is most appropriate? - Answer Not - There is no negotiations to conduct of obtain market research to support the determination of price reasonableness. Not - Negotiations will likely be necessary to establish a fair and reasonable price. Comparison of the quotations will likely meet the requirement to obtain market research in support of the fair and reasonable determination. You are the contracting officer for a firm-fixed-price purchase order for

commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the Government was submitted five dayslate. You investigate and verify that the report was submitted late.