CON 2370 Acquisition Procedures SIMPLIFIED AND SUMMARIZED QUESTIONS AND ANSWERS A

CON 2370 (Acquisition Procedures) SIMPLIFIED
AND SUMMARIZED QUESTIONS AND
ANSWERS A
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.
Correct Answer -Quotes must be solicited from at least three sources.
WRONG-the acquisition must utilize full and open competition
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 -NOT Award can only be made to Tool Warehouse after
obtaining approval for the absence of competition
NOT The requirement must be rescoliced in order to obtain competition
WRONG Award can be made to Tool warehouse only if the price can be
determined reasonable based on comparison to the IGE
You have a requirement for purchase with an estimated value of $13,000.
The use of electronic commerce is not practical and notice of the proposed
contract action is not required. Which one of the following solicitation