Exam 2 - CON 090 (Closed Book Section)

godejohe's version from 2015-04-15 18:13


Question Answer
What is acquisition planning?The process by which the efforts of all personnel responsible for an acquisition are coordinated and integrated through a comprehensive plan for fulfilling the agency need in a timely manner and at a reasonable cost.
Acquisition Planning also includes...Developing the overall strategy for managing the acquisition.
When is acquisition planning required?Acquisition Planning and Market Research should be performed for all acquisitions to promote and provide for the primary goals.
What are the two primary goals of acquisition planning?1. Purchase commercial items that are suitable to meet agency needs, and nondevelopmental itesm to the maximum extent possible. 2. Full and open competition or competition to the maximum extent possible.
When should acquisition planning begin?As soon as the agency need is identified.
Who should participate in acquisition planning?A team consisting of all those who will be responsible for significant aspects of the acquisition, such as contracting, fiscal, legal, and technical personnel.
Can an acquisition plan be changed?Yes, at key dates or when specific changes occur or no less than annually, the planner should review/revise the acquisition plan
Who has the overall acquisition planning responsibility?The Agency Head, Program Manager, or other official responsible for the program.
Under what circumstances is a WRITTEN acquisition plan required?1)Acquisitions for development, when total cost of all contracts for the program is $10M or more, 2)Production or services when total cost of all contracts for program is $50M or more for all years or $25M or more for any fiscal year, 3) agency appropriate
When are written acquisition plans not required?Final Buy or One-time Buy - not applicable to multi year or option contracts
What is market research?Collecting and Analyzing information about capabilities within the market to satisfy agency needs
What do acquisitions begin with?Acquisition begins at the point when agency needs are established and includes all functions directly related to the process of fulfilling agency needs.
What is a commercial item?an item other than real property, regularly used by general public or non-government entities, not for government use, and has been sold to public - or service that has a market price or catalog price or nondevelopmental item if it was developed and private expense and sold competitively in substantial quantities to multiple gov't agencies.
What is a nondevelopmental item?