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Title: CON 2370 Simplified Acquisition Procedures Take 14 latest 2024. Graded A+
Description: The CON 2370 Simplified Acquisition Procedures Take 14 latest 2024 is an essential study resource for individuals preparing for the CON 2370 exam. This edition features a comprehensive set of questions designed to test knowledge of simplified acquisition procedures in government contracting. Each question is accompanied by detailed explanations and correct answers, ensuring clarity and understanding of the material. Updated for 2024, this resource incorporates the latest regulations and best practices in acquisition procedures. Graded A+, it serves as an invaluable tool for both students and professionals aiming to achieve excellence in their understanding of simplified acquisition processes, enhancing their skills and confidence for both examinations and practical applications in the field.

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CON 2370 Simplified Acquisition
Procedures Take 14 latest 2024
...

Not - The use of SAP is authorized for all commercial acquisitions
22
...
It must be compatible with the equipment
currently being used at the clinic
...

Market research identified only one manufacturer able to meet the requirement for
compatible equipment
...

You have a requirement for a new contract for grounds maintenance at your military
installation
...

Consistent with the order of precedence for requirements documents, which one of
thefollowing documents would be included in the new contract? ✔️PWS
Which one of the following mandatory Government sources is the first priority for
satisfying a requirement for services? ✔️Not - Federal Prison Industries
Not - The Procurement List maintained by The Committee for Purchase From People
Who 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
...
The list of potential offerors includes 6
small businesses and 4 large businesses
...

Not - The services are offered and sold competitively in substantial quantities in the
commercial marketplace based on a catalog
...

The part sold to the general public needs' extensive modifications not customarily
available in the commercial marketplace
...

These services are of a type sold competitively in substantial quantities in the
commercial marketplace based on market prices
...

Which one of the following statements is true? ✔️The use of simplified acquisition procedures authorized
...

A notice of the proposed contract action is required
...
You are not required to synopsize this contract action
...

Not - There is no requirement for competition if the price is considered reasonable
...

The basis on which award will be made must be stated
...
None of the exceptions in FAR 5
...
Which
one of the following correctly describes the requirement for publicizing this proposed
contract action? ✔️Notice of the proposed action must be transmitted to the GPE
...
The estimated value of the individual purchases range from
$75,000 to $500,000
...
Documenting the quotations with the date and time they were received
Not - Safeguarding proprietary and sensitive information in the quotations form
improper release
...

Not - A formal evaluation must be established prior to evaluating quotations or offers
...

Not - Conducting comparative evaluations of quotations or offers is not permitted
...

19
...

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 buy
using SAP? ✔️19
...

Not - Price reasonableness should be based on competitive quotes or offers
whenever possible
...

You just made a purchase for supplies in the amount of $22,300
...

Which one of the following statements is correct regarding providing notice to the
unsuccessful suppliers? ✔️notice to the unsuccessful suppliers cannot be provided because an oral
solicitation was used
...

Which one of the following would result in the establishment of a contract? ✔️Not - Supplier validates the terms of the quotation
Not - Government issuance of an order in response to a quotation
Supplier's written acceptance of an order
Supplier furnishes the ordered supplies
Substantial performance by the supplier
Three quotes were received in response to your solicitation for training services
...
The
assigned past performance ratings and quoted prices were as follows:
Vendor A - Unacceptable, $216,150;
Vendor B - Acceptable, $248,500; and
Vendor C - Outstanding, $237,200
...

Which one of the following actions would be executed using a unilateral
modification? ✔️Not -Making a negotiated equitable adjustment
Not - Recognizing an agreement to modify the schedule
...
Your customer has notified you that one of the
contractually required reports accepted by the Government was submitted five days
late
...

Which one of the following statements regarding the nonconforming performance is
FALSE? -

✔️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 require reperformance of the nonconforming service at
no increase to the contract price
...

You have just been informed that a purchase order you recently awarded for
commercial supplies is no longer needed and must be cancelled
...
Which one of the following
statements is true? ✔️Not - The purchase order is considered cancelled if the contractor accepts
the Government's written cancellation and does not claim costs were incurred
...
403 and
Far 52
...

You are reviewing the requirements package for the purchase of automatic standby
generators
...
The
generators were previously procured using a military specification that includes
restrictive conditions that are not justified
...

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
...

Which one of the following statements about the award decision is correct? ✔️Not - The requirement must be reconsolidated in order to obtain competition
...
Notice of the proposed contract action is required, and no exceptions
apply

Which one of the following solicitation methods would be most appropriate? ✔️Not - Combined synopsis/solicitation
...

Not - Oral solicitation
Electric Commerce
You are the contracting officer for a commercial product requirement with an
estimated value of $415,000
...

Which one of the following statements about the price reasonableness determination
is most appropriate? ✔️Not - There is no negotiations to conduct of obtain market research to
support the determination of price reasonableness
...

Comparison of the quotations will likely meet the requirement to obtain market
research in support of the fair and reasonable determination
...
Your customer has notified you that one of the
contractually required reports accepted by the Government was submitted five days
late
...

Which one of the following statements regarding the nonconforming performance is
FALSE? ✔️
You are the contracting officer for a commercial services contract that contains
options
...

Which one of the following statements is correct? ✔️Not - The preliminary notice commits the Government to exercising the
option
...

Not - No further action is required to exercise the option
...

You may exercise the option

You may exercise the option using unilateral modification
You have a requirement for a purchase with an estimated value of $8,700
...
The supplies are not immediately available
Which one of the following simplified acquisition methods would be the most
appropriate to use? ✔️Not - Purchase Order
Not - SF 44
Not - Third Party Draft
Government Commercial Purchase Card
You have a requirement for a new contract for janitorial services at your military
installation
...
Market research shows there are numerous potential offerors that are
competitive in terms of market prices, quality, and delivery
...

Which one of the following statements is correct? ✔️The entire acquisition must be set aside exclusively for small business
You have a one-time requirement for a purchase of noncommercial supplies with an
estimated value of $235,000
...

Which one of the following simplified acquisition methods would be the most
appropriate to use?Incorrect ✔️Not - Governmentwide Commercial Purchase Card
...

Not - The part sold to the general public needs extensive modifications not
customarily available in the commercial marketplace
...
Which one of the following actions would be executed using a bilateral
modification? ✔️Not - Making a negotiated equitable adjustment
Which one of the following statements about solicitations using SAP is correct? ✔️
You are the contracting officer for a firm-fixed-price commercial services contract
that was partially terminated for convenience
...
All services that were not terminated were successfully
performed
...
213-4
...
You investigate and determine that the items are not fully
compliant with the specification in the contract
...

This acquisition is not required to be synopsized and access to the solicitation will
not be provided in the GPE
...

Competition is normally obtained by soliciting from sources within the local trade
area
...
The parts are sold to the general public and are used for

nongovernmental purposes
...

Which one of the following statements is true? ✔️The use of simplified acquisition procedures is authorized
You just made a purchase for services in the amount of $20,700
...

Which one of the following statements is correct regarding providing notice to the
unsuccessful vendors? ✔️Notice to the unsuccessful vendors will only be given if requested
You are the contracting officer for a firm-fixed-price purchase order for commercial
supplies with a value of $565,000
...
You
investigate and determine that the items are not fully compliant with the specification
in the contract
...
The parts were developed using Government funds and are
not offered to the general public
...

Which one of the following statements is true? ✔️Not - Simplified acquisition procedures must be used
The use of simplified acquisition procedures is prohibited
You are the contracting officer for a construction requirement with an estimated
value of $20,600
...
202 apply
...

Not - Notice of the solicitation, or a copy of the solicitation, must be posted in a public
area
Not - There is no requirement to publicize this action
...


You are the contracting officer for a commercial product requirement with an
estimated value of $178,000
...

Which one of the following statements about the price reasonableness determination
is most appropriate? ✔️Recent purchase prices paid for the item under similar terms and conditions
should be considered if they are still valid comparison
Not - The requirement must be resolicited in order to obtain competition
...

Not - Comparison of competitive quotes or offers is the least preferred method for
determining price reasonableness
...
Which one of the following statements about contract closeout is correct?
✔️Not - The contract must be closed within six months after you've received
evidence of receipt of services and final payment
5
...
The
quotes submitted by vendors A, B, and D were determined to be technically
acceptable
...

Which one of the following statements about the award decision is correct? ✔️Vendor B is the apparent awardee and price reasonableness would be based
on competition

You are the contracting officer for a commercial services contract valued at
$3,750,000
...

Not - Changes to the contract terms are not permitted for commercial contracts
...

You are the contracting officer for a requirement for commercial services with an
estimated value of $780,000
...

Which one of the following statements about the price reasonableness determination
is most appropriate? ✔️Market research must be conducted or obtained to support the fair and
reasonable determination
...

Market research shows there are numerous potential offerors that are competitive in
terms of market prices, quality, and delivery
...

Which one of the following statements is true? ✔️Not - The entire acquisition must be competed between the small and large
businesses
...

Not - The entire acquisition may be set aside exclusively for small business
...

You just made an award for services in the amount of $235,200 based on price and
past performance
...

Which one of the following describes the action you must take? ✔️You must provide a brief explanation of the basis for the award decision
You are the contracting officer for a requirement for a commercial product with an
estimated value of $6,200
...
202 apply
...

You are the contracting officer for a firm-fixed-price supply contract valued at
$195,400
...
The order was
accepted in writing by the contractor
...

You are the contracting officer for a services contract that contains options
...

Which one of the following statements is correct? ✔️Not - You have the right to exercise the option using a unilateral modification
...

Not - You may exercise the option using a unilateral modification
Which one of the following is NOT a mandatory Government source for satisfying a
supply requirement? ✔️Not - Excess from other agencies
Not - Wholesale supply sources
Commercial sources
You have just been informed that a purchase order you recently awarded for
noncommercial supplies is no longer needed and must be cancelled
...

Which one of the following statements is true? -

✔️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
...
212-4
...

The purchase order must be terminated in accordance with FAR part 49 or FAR
52
...
Market research results identified multiple sources for this equipment in
the commercial marketplace
...

Which one of the following is correct regarding the policies for describing your
agency's needs? ✔️Not -Vendor B
Not - The brand name purchase description may be used because there are no
limitations for using provisions
Not - A brand name purchase description is only permitted if the item is not
commercial
A brand name purchase description is only permitted if the item is not commercial
You are the contracting officer for a firm-fixed-price supply contract valued at
$195,400
...
The use
of electronic commerce is not practical, and notice of the proposed contract action is
not required
Title: CON 2370 Simplified Acquisition Procedures Take 14 latest 2024. Graded A+
Description: The CON 2370 Simplified Acquisition Procedures Take 14 latest 2024 is an essential study resource for individuals preparing for the CON 2370 exam. This edition features a comprehensive set of questions designed to test knowledge of simplified acquisition procedures in government contracting. Each question is accompanied by detailed explanations and correct answers, ensuring clarity and understanding of the material. Updated for 2024, this resource incorporates the latest regulations and best practices in acquisition procedures. Graded A+, it serves as an invaluable tool for both students and professionals aiming to achieve excellence in their understanding of simplified acquisition processes, enhancing their skills and confidence for both examinations and practical applications in the field.