Question 1

Which statement about proposal revisions is true?

Options :

A : A contracting officer may consider a revision to a proposal that has been eliminated or otherwise removed from the competitive range

B : Final proposal revisions may be oral

C : The contracting officer may request or allow proposal revisions to clarify and document understandings reached during negotiations

D : Cut off dates for submission of final proposal revisions are negotiated with each offeror

Answer: C

Question 2

Contracting activities shall employ simplified acquisition procedures to the maximum extent practicable for acquisitions of commercial items not exceeding:

Options :

A : $1,000,000

B : $100,000

C : $5,000,000

D : $3,000,000

Answer: C

Question 3

All of the following are true concerning Project Wage Determinations EXCEPT:

Options :

A : They are issued at the specific request of a contracting agency

B : They are effective for 90 calendar days from the date of determination

C : They are used only when no general wage determination applies

D : They apply only to the contracts for which they were issued

Answer: B

Question 4

Performance and payment bonds are required or may be required for:

Options :

A : Construction contracts exceeding $2,000

B : Construction contracts exceeding $100,000

C : Services and supply contracts exceeding the simplified acquistion threshold when necessary to protect the Government-s intrest

D : Both b and c

Answer: D

Question 5

The process of examining and evaluating a proposed price without evaluating its separate cost elements and proposed profit is called:

Options :

A : Technical analysis

B : Price analysis

C : Field pricing support analysis

D : Informal analysis

Answer: B

Higher Test Marks with Free Online CFCM Exam Practice

Buying Options: