โ† All CMP Flashcard Decks

Contract Negotiation & Compliance Flashcards

7 cards from real CMP practice questions. Tap to flip, then mark Knew It or Still Learning โ€” missed cards come back until you master them.

Read the first 7 Contract Negotiation & Compliance flashcards as text
  1. Under the Service Contract Act (SCA), what is the contractor's primary compliance obligation regarding wages?

    Answer: Pay at least the wage rates and fringe benefits listed in the applicable wage determination

    The SCA requires contractors to pay service employees at least the wage rates and fringe benefits specified in the Department of Labor wage determination for the contract.

  2. A contracting officer proposes a unilateral contract modification to reduce the scope of work but not the price. The contractor's BEST immediate response is to:

    Answer: Provide written notice of disagreement and submit a request for equitable adjustment (REA)

    Submitting written notice of disagreement and an REA preserves the contractor's rights to compensation while maintaining contract performance.

  3. Which document establishes the baseline for measuring contract changes and is critical for proving constructive change claims?

    Answer: The original proposal and contract as executed

    The original proposal and contract as executed establish the agreed-upon scope baseline against which any constructive changes are measured.

  4. In the context of CMP capture management, 'price-to-win' (PTW) analysis is BEST used to:

    Answer: Estimate the price range most likely to win the contract given competitor capabilities and customer budget

    PTW analysis synthesizes competitor intelligence and customer budget data to identify the price range most likely to result in a contract award.

  5. Which of the following is a red flag indicating a potential Procurement Integrity Act violation during a source selection?

    Answer: A source selection evaluator discussing evaluation criteria with an offeror before proposals are due

    Sharing non-public source selection information, including evaluation criteria specifics, with an offeror violates the Procurement Integrity Act.

  6. A teaming agreement should explicitly address which provision to protect each party's proprietary information?

    Answer: Non-disclosure and intellectual property ownership terms

    Non-disclosure and IP ownership provisions in teaming agreements protect each party's proprietary data shared during the pursuit.

  7. When a contract includes a 'limitation of funds' clause (FAR 52.232-22), the contractor must notify the contracting officer when expenditures reach what threshold?

    Answer: 75% of the obligated funds

    FAR 52.232-22 requires the contractor to notify the contracting officer when 75% of the obligated funds have been expended to allow time for additional funding.