CLC 059 LATEST UPDATE - ACTUAL
EXAM QUESTIONS AND 100% VERIFIED
CORRECT ANSWERS GUARANTEED A+
" "A 12-month. $10 million contract was awarded to a prime contractor for engineering modifications. The prime contractor met or exceeded all its small business subcontracting goals and requ irements except those associated with subcontracting with Veteran-Owned Small Businesses (VOSBs). The VOSB goal in the prime contracto~s subcontracting plan was $400.000. The actual amount subcontracted to VOSBs was $0. Further investigation reveals that the prime contractor failed to make a good faith effor - CORRECT ANSWER: "The government can assess the prime contractor a maximum of $400.000 in liquidated damages.
In the small business subcontracting section of CPARs. the prime contractor should receive an ""Unsatisfactory"" or ""Marginal"" rating.
The narrative the PCO enters in the small business subcontracting section of CPARS s11ould include the prime contractors failure to make a good faith effort to meet tts VOSB goal.
" "A S3 million contract for services has been set aside for service-disabled veteran- owned small businesses {SDVOSBs). Which of the following are subcontracts that comply with the limitations on subcontracting for small businesses? (Select two that apply.)" - CORRECT ANSWER: "$1 million subcontract wtth a women-owned small business (WOSB). assuming no otfler subcontracts will be awarded.
$1 million first-tier subcontract with an SDVOSB. assuming no other subcontracts will be awarded.
" "A S7 million contract for technical support services included the requirement for certified cost or pricing data from the prime contractor and applicable subcontractors. Six months later. the administrative contracting officer (ACO) began to suspect that some of the certified cost or pricing data were inaccurate. A Defense Contract Audit Agency (DCAA) audit confirmed the ACO's suspicions. Further investigation revealed that neither the prime contractor nor the
subcontractor that submitted the - CORRECT ANSWER: Charge the prime contractor
$1.5 million. plus interest. compounded daily. unlil lhe overpayment is repaid.
" "A S30 million contract was awarded to ZED. Inc.. for technical support services. It is a cost-plus-fixed-fee contract that required a small business subcontracting 1 / 2
plan. and it also included small business participation requirements. Government property was provided for both the contractor and subcontractors. Certified cost or pricing data were not required. Since the contract was awarded. ZED has been submitting quarterly small business participation reports. The latest report reveals that Z - CORRECT ANSWER: "Remind ZED that its compliance with its small business participation requirements an-d its subcontracting plan are evaluated in the Contractor Performance Assessment Repor1ing System (CPARS).
Follow up wilh ZED to find out why it is not meeting ijs SDVOSB requirement.Subcontracting Repor1ing System (eSRS).
Consider asking ZED to submit a corrective action plan detailing actions ZED will take to meet its SDVOSB requirement
" "A S70 million contract has been awarded by the U.S. Navy to DIVE Inc. to retrofit a guidance system. It is a cost-plus-fixed-fee contract that required a small business subcontracting plan and it also included small business participation requirements. Government property was provided for both the contractor and subcontractors. Certified cost or pricing data were not required. II is likely to include some commercial subcontracts. During the post.award orientation conference
with DIVE Inc. wha - CORRECT ANSWER: The prime contractor musl monitor its
subcontractors and ensure they are complying with all mandatory flow-down clauses.'
" "A S70 million contract has been awarded by the U.S. Navy to DIVE. Inc.. to retrofit a guidance system. It is a cost-plus-fixed-fee contract that required a small business subcontracting plan. and it also included small business participation requirements. Government property was provided for both the contractor and subcontractors. Certified cost or pricing data were not required. II is likely to include some commercial subcontracts. Which of the following is a best practice for
the government - CORRECT ANSWER: Conduct a post-award orientation conference
where the government will review with the prime contractor the clauses that are required to be flowed down to applicable subcontracts.
" "FAR 52.244-6. Subcontracts for Commercial Items. lists clauses that the prime contractor must include in commercial subcontracts because they are based on socially beneficial laws or executive orders. including which of the following? ( Select three that apply.)" - CORRECT ANSWER: "Ethical business practices and conduct
Fair. equal. non-discriminatory treatment of everyone
Fair labor standards
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