CONl 3990Vl Completel Guidel Latestl

CONl 3990Vl Completel Guidel (Latestl 2026/l 2027l Update)l 100%l Verifiedl Questionsl &l Answersl |l Gradel A

Q:l Expressl Actuall Authority

Answer:

createdl byl explicitl language,l eitherl 1l inl writingl orl verbal.l It shouldl bel notedl thatl thel spokenl wordl isl generallyl asl bindingl asl thel writtenl word;l howeverl itl isl sometimesl morel difficultl tol prove

Q:l Impliedl Actuall Authority

Answer:

authorityl tol dol whatl isl usual,l customaryl andl necessaryl tol accomplishl thel action.l Impliedl actuall authorityl differsl froml expressl actuall authorityl inl thatl nol expressl agreementl isl executedl (e.g.,l whenl anl individuall isl assignedl al taskl tol accomplishl butl thel minorl detailsl arel notl spelledl out eitherl verballyl orl inl writing,l thisl isl anl examplel ofl impliedl actuall authority).

Q:l Apparentl Authority

Answer:

someonel reasonablyl believesl anl individuall hasl thel authorityl tol actl onl behalfl ofl thel Government,l basedl onl hisl orl herl conduct,l evenl thoughl thatl individuall hasl nol actuall authorityl tol bindl thel Government.

Q:l Contractl Elements

Answer:

-Capacity -Mutuall assent -Consideration -Lawfull purpose

Q:l Capacity

Answer: 1 / 4

legall competencel ofl al personl tol enterl al validl contract.l Tol bel legallyl boundl tol al contract,l al partyl mustl havel thel capacityl tol understandl andl appreciatel thel termsl ofl thel contract.

Q:l Mutuall assent

Answer:

partiesl involvedl inl al contractl mustl comel tol anl agreementl aboutl thel detailsl ofl thel transactionl andl eachl partyl eitherl makesl al promisel orl beginsl orl rendersl performance.

Q:l Consideration

Answer:

somethingl ofl valuel thatl al promisorl (thel offeror)l receivesl froml al promiseel (thel offeree)l inl returnl forl hisl orl herl offer.l Itl isl thel primaryl reasonl al partyl wouldl seekl tol enterl al contract

Q:l Lawfull Purpose

Answer:

contractl isl unenforceablel ifl anyl terml ofl thel agreementl isl contraryl tol publicl policy

Q:l Strategicl Marketl Research

Answer:

conductedl continuouslyl throughoutl thel acquisition process;l enablesl acquisition,l engineering,l projectl managementl andl otherl personnell tol stayl informedl aboutl overalll marketl developments,l trendsl andl capabilities.l Anl examplel ofl strategicl researchl isl attendingl al tradel showl forl al specificl industry

Q:l Tacticall Marketl Research

Answer:

conductedl atl specificl pointsl duringl thel acquisitionl process.l Tacticall marketl researchl isl designedl tol providel al deeperl understandingl ofl thel marketl andl answerl specificl questionsl aboutl thel capabilities,l productsl orl servicesl availablel inl the market

Q:l Competitivel Procedures

Answer:

-Sealedl bids.l (FARl 6.401(a)) 2 / 4

-Competitivel proposals.l (FARl 6.401(b))l Ifl sealedl bidsl arel notl appropriate,l contractingl officersl shall requestl competitivel proposalsl orl usel thel otherl competitivel procedures.-Combinationl ofl competitivel procedures.l Ifl sealedl bidsl arel notl appropriate,l contractingl officers mayl usel anyl combinationl ofl competitivel proceduresl (e.g.,l two-stepl sealedl bidding).-Otherl competitivel procedures.

Q:l Fulll andl Openl Competition

Answer:

Withl certainl limitedl exceptions,l contractingl officersl shalll promotel andl providel forl fulll andl openl competitionl inl solicitingl offersl andl awardingl Governmentl contracts

Q:l Fulll andl Openl Compl Afterl Exclusionl ofl Sources

Answer:

Agenciesl mayl excludel al particularl sourcel froml al contractl actionl inl orderl tol establishl orl maintainl anl alternativel sourcel orl sources.-FARl 6.202l -l Establishingl orl maintainingl alternativel sources -FARl 6.203l -l Setl asidesl forl smalll businessl concerns -FARl 6.204l -l Sectionl 8(a)l competition -FARl 6.205l -l Set-asidesl forl Hubzonel smalll businessl concerns -FARl 6.206l -l Set-asidesl forl servicel disabledl veteran-ownedl smalll businessl concerns -FARl 6.207l -l Set-asidesl forl economicallyl disadvantagedl women-ownedl smalll businessl

(EDWOSB)

concernsl orl women-ownedl smalll businessl (WOSB)l concernsl eligiblel underl thel WOSBl Program -FARl 6.208l -l Set-asidesl forl locall firmsl duringl al majorl disasterl orl emergency

Q:l Otherl thanl Fulll andl Openl Compl Conditions

Answer:

-FARl 6.302-1l Onlyl onel responsiblel sourcel andl nol otherl suppliesl orl servicesl willl satisfyl agency requirements.-FARl 6.302-2l Unusuall andl compellingl urgency.-FARl 6.302-3l Industriall mobilization;l engineering,l developmental,l orl researchl capability;l orl expert services.-FARl 6.302-4l Internationall agreement.-FARl 6.302-5l Authorizedl orl requiredl byl statute. 3 / 4

-FARl 6.302-6l Nationall security.-FARl 6.302-7l Publicl Interest.

Q:l Inl establishingl thel reasonablenessl ofl thel offeredl prices,l thel contractingl officer-

Answer:

-Shalll obtainl certifiedl costl orl pricingl datal whenl requiredl byl FARl 15.403-4,l alongl withl datal otherl thanl certifiedl costl orl pricingl datal asl necessaryl tol establishl al fairl andl reasonablel price;l or -Whenl certifiedl costl orl pricingl datal arel notl requiredl byl FARl 15.403-4,l shalll obtainl datal otherl than certifiedl costl orl pricingl datal asl necessaryl tol establishl al fairl andl reasonablel price -Costl datal tol thel extentl necessaryl forl thel contractingl officerl tol determinel al fairl andl reasonable price -Obtainl thel typel andl quantityl ofl datal necessaryl tol establishl al fairl andl reasonablel price,l butl notl morel datal thanl isl necessary -Pricel eachl contractl separatelyl andl independently -Notl includel inl al contractl pricel anyl amountl forl al specifiedl contingencyl tol thel extentl thatl the contractl providesl forl al pricel adjustmentl basedl uponl thel occurrencel ofl thatl contingency

Q:l Datal otherl thanl certifiedl costl orl pricingl data

Answer:

Datal relatedl tol pricesl (e.g.,l establishedl catalogl orl marketl prices,l salesl tol non- governmentall andl governmentall entities),l relyingl firstl onl datal availablel withinl thel Government;l second,l onl datal obtainedl froml sourcesl otherl thanl thel offeror;l and,l ifl necessary,l onl datal obtainedl froml thel offeror.

Q:l Acceptance

Answer:

acknowledgmentl thatl thel suppliesl orl servicesl conforml with applicablel contractl qualityl andl quantityl requirements.l Acceptancel mayl takel placel beforel delivery,l at thel timel ofl delivery,l orl afterl delivery,l dependingl onl thel provisionsl ofl thel termsl andl conditionsl ofl the contract

Q:l Titlel tol suppliesl shall

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