CMP Contract Negotiation & Compliance 4

Question 1

A contractor's proposal includes cost data certified under TINA. Post-award, the government discovers the data was inaccurate. The contractor faces potential liability under:

Accepted Answer

Defective pricing provisions allowing price reduction plus interest and penalties

Answer

Defective cost or pricing data can result in a price reduction equal to the overstatement, plus interest and potential penalties under FAR 15.407-1.

Question 2

Which negotiation strategy involves making a large initial concession to establish goodwill and encourage reciprocal concessions from the other party?

Accepted Answer

Concession patterning

Answer

Concession patterning involves strategically sequencing concessions to signal flexibility and encourage reciprocal movement from the opposing party.

Question 3

Under DFARS 252.204-7012, contractors handling Controlled Unclassified Information (CUI) must implement cybersecurity controls based on:

Accepted Answer

NIST SP 800-171

Answer

DFARS 252.204-7012 requires covered contractors to implement the security controls in NIST SP 800-171 for protecting CUI in nonfederal systems.

Question 4

A capture manager learns that a key subcontractor has been debarred by the federal government. The IMMEDIATE required action is to:

Accepted Answer

Remove the debarred subcontractor and notify the contracting officer if required by the contract

Answer

Using a debarred subcontractor violates federal procurement regulations; the subcontractor must be removed and the contracting officer notified per contract requirements.

Question 5

The 'should-cost' analysis performed by the government during contract negotiations is designed to:

Accepted Answer

Identify areas where the contractor can reduce costs through improved efficiency

Answer

Should-cost analysis identifies specific inefficiencies in the contractor's operations where cost reductions are achievable, providing the government negotiating leverage.

(CMP) Capture Management Professional Certification Practice Test

(CMP) Capture Management Professional Certification Practice Test

CMP Contract Negotiation & Compliance 4