COR Small Business Programs 2

Question 1

Which federal law established the small business set-aside program and created the Small Business Administration?

Accepted Answer

Small Business Act of 1953

Answer

The Small Business Act of 1953 created the SBA and established the foundation for federal small business contracting programs.

Question 2

A COR notices a contractor is no longer meeting its small business subcontracting plan commitments. What is the FIRST appropriate action?

Accepted Answer

Notify the Contracting Officer and document the deficiency

Answer

The COR must notify the CO and document non-compliance; the CO has authority to determine appropriate remedies.

Question 3

What is the primary purpose of the HUBZone program?

Accepted Answer

Stimulate economic development in historically underutilized business zones

Answer

The HUBZone program stimulates economic development and job creation in historically underutilized business zones by giving qualifying firms preferential access to federal procurement.

Question 4

Under the FAR, what percentage price preference may an agency apply when evaluating HUBZone small business offers against large business offers?

Accepted Answer

10%

Answer

FAR 19.1307 allows agencies to apply a 10% price evaluation preference for HUBZone small business offers when competing against other-than-small businesses.

Question 5

A COR is monitoring a contract with a subcontracting plan. Which document does the prime contractor use to report subcontracting goal achievements to the government?

Accepted Answer

SF 294 and SF 295 (or ISR/SSR in eSRS)

Answer

Contractors report small business subcontracting goal achievements using the Individual Subcontract Report (ISR) and Summary Subcontract Report (SSR) filed in the Electronic Subcontracting Reporting System (eSRS), which replaced SF 294/295.

(COR) Contracting Officer's Representative Certification Practice Test

(COR) Contracting Officer's Representative Certification Practice Test

COR Small Business Programs 2