Posted: December 13th, 2015
BMGT 339 TAKEHOME FINAL EXAMINATION, Introduction to US Federal Contracting
BMGT 339 TAKEHOME FINAL EXAMINATION
FRIDAY DEC 11th for SUBMISSION NO LATER THAN 11:59PM SUNDAY DEC 13th!
NO EXCEPTIONS!
Exam Instructions
- ALL final examinations are due by 11:59PM SUNDAY DEC 13th!
- Answer Directly On Exam
- You can highlight, bold or underline multiple choice and true/false answers and type-in essay responses for submission or write-in responses and scan completed document.
- Completed Exams should be submitted via your online assignments folder as FINAL.
- DO NOT COPY FULL SECTIONS OF THE FAR ANSWER IN YOUR OWN WORDS!!!!!
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| 1. | The Changes Clause allows the Government to make unilateral changes to a contract as long as such changes are within the scope-of-work.
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| A | ) | True | |
| B | ) | False |
| 2. | The Disputes Clause is applicable to disagreements between the Government and the Contractor that relate to the contract.
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| A | ) | True | |
| B | ) | False |
| 3. | A Solicitation made through the issuance of an Invitation-for-Bids (IFB) always requires discussions prior to contract award:
|
| A | ) | True | |
| B | ) | False |
| 4. | A Best Value Contract Award is always made to the Proposer submitting the lowest price:
|
| A | ) | True | |
| B | ) | False |
| 5. | Price Competition is considered adequate when it is based on two or more responsible offerors, competing independently, and submitting priced offers responsive to the government requirement.
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| A | ) | True | |
| B | ) | False |
| 6. | A Best Value Determination means the expected outcome of an acquisition that, in the government’s estimation, provides the least overall benefit in response to the requirements:
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| A | ) | True | |
| B | ) | False |
| 7. | A Fixed-Price Contract places the maximum risk on the:
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| A | ) | The Contractor | |
| B | ) | The Government | |
| C | ) | The Public | |
| D | ) | The Contracting Officer |
| 8. | A Cost-Reimbursement Contract places the maximum risk on the:
|
| A | ) | The Contractor | |
| B | ) | The Government | |
| C | ) | The Public | |
| D | ) | The Contracting Officer |
| 9. | Judicial-type administrative board established by the various government procuring agencies to hear and decide government contract disputes is:
|
| A | ) | United States Courts of Appeals | |
| B | ) | State Circuit Courts | |
| C | ) | Boards of Contract Appeals | |
| D | ) | United States District Courts |
| 10. | A procedure used instead of litigation to resolve a dispute, including mini-trial, settlement, mediation, or arbitration is termed:
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| A | ) | Bid Abstract | |
| B | ) | Alternative Dispute Resolution | |
| C | ) | Competitive Procurement Decisions | |
| D | ) | Best Value Determination |
| 11. | With respect to Invitation-for-Bids (IFB) and Bid Opening, all Bids are:
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| A | ) | Opened in Private | |
| B | ) | Opened in Public with Prices announced | |
| C | ) | Opened in Private for subsequent Negotiations | |
| D | ) | Opened in Public with Prices remaining confidential |
| 12. | An action taken by an agency to exclude a contractor from doing business with the government, usually based on the contractor’s serious violation of laws or rules constitute:
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| A | ) | Debarment | |
| B | ) | Contract Modification | |
| C | ) | Change Order | |
| D | ) | Buy-In |
| 13. | The following is not considered an Excusable Delay pursuant to the Default Clause of a Government Contract.
|
| A | ) | Contractor’s Financial Difficulties | |
| B | ) | Unusually Servere Weather Conditions | |
| C | ) | Sovereign Act of the Government | |
| D | ) | Acts of God (force majeure) or of the Public Enemy |
| 14. | A determination of Cost Realism requires the costs:
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| A | ) | In the offeror’s proposal are realistic for the work to be performed | |
| B | ) | Reflect a clear understanding of the requirements | |
| C | ) | Are consistent with the technical proposal | |
| D | ) | All of the above |
| 15. | A Determination & Findings (D&F) is required for which type of procurement:
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| A | ) | Request-for-Proposals | |
| B | ) | Invitation-for-Bids | |
| C | ) | Sole-Source | |
| D | ) | Request-for-Quotations |
| 16. | Define each and state the ‘key distinctions’ between Actual Authority and Apparent Authority.
5 Points – Short Answer |
| 17. | Describe the Small Disadvantaged Business (SDB) category, how can a firm qualify as a SDB and what preferences are given to SDBs.
5 Points – Short Answer, Definition |
| 18. | Discuss the Sealed Bidding process and under what circumstances or conditions would a CO use this method.
5 Points – Short Answer |
| 19. | Define each and discuss the distinction between a Termination-for-Convenience versus a Termination-for-Default.
5 Points – Short Answer |
| 20. | Y Your friend, Margaret, owns all of a 6-employee small business. She shows you a copy of a Federal SOW someone faxed her. She thinks she can do in part. You agree, but it requires a 20-person effort and you notice that some SOW tasks she doesn’t do. After asking her more questions, you learn she is an Iraqi war veteran and her business is located in a HUBZONE. Her employees all live near the business.
A. Justify your best advice to Margaret using ideas from the text and the SBA website. B. Should Margaret be the prime or a sub on this, her first Government contract competition? Why?
Use 2 clear paragraphs w/ pros, cons and examples for A plus B in this case. 10 Points – Case Question |
| 21. | Discuss briefly the concept of Unallowable Cost and provide an example of an unallowable cost under a contract.
5 Points – Short Answer |
| 22. | Discuss the concept of Equitable Adjustment and what can the contractor do in such a case.
5 Points – Short Answer |
| 23. | How can a firm qualify as a Small Business Concern and what is a Small Business Contract Set-Aside.
5 Points – Short Answer |
| 24. | What constitutes a Constructive Contract Change and when does it occur?
5 Points – Short Answer, Definition |
| 25. | Y You are on a source selection board for the design, manufacture and test of a new vehicle greatly needed by your agency field agents. A commercial version of this vehicle may be adapted but it must be strengthened considerably to meet the agency specifications. The project manager wants it in the field fast. The CFO says budget resources are scarce; no extra funds will be available. The test leader says it must meet all the specs. They all want to work with a proven source.
A. What are your next steps to gain market information? B. What evaluation factors will you include in the solicitation & which factors will have the highest priority?
Use 2 clear paragraphs w/ pros, cons and examples for A plus B in this case.
10 Points – Case Question |
| 26. | Define and differentiate Cost Reimbursement Type and Firm Fixed-Price Type Contract and state why FFP preferred.
5 Points – Short Answer, Definition |
| 27. | Define the concept of a Bid Protest and what remedies are available before award and after award when there is a protest?
5 Points – Short Answer |
| 28. | Discuss briefly the concept of Past Performance as an evaluation factor and what value this adds to the process of selecting a vendor.
5 Points – Short Answer |
| 29. | Define the concept of Value Engineering.
5 Points – Short Answer, Definition |
| 30. | You are the CO for the procurement of contractor to provide Janitorial services for your office building.
You received proposals from vendor A, vendor B and vendor C. Vendor C was selected. You notified Vendor A and vendor B of vendor C’s success. Vendor A was very upset and requested a Debriefing.
A. What are some of the items you will discuss with vendor A during the Debriefing? B. What will you definitely NOT say to vendor A during the Debriefing?
Use a paragraph w/examples for A plus B in this case.
5 Points – Case Question |
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