CPCM Certified Professional Contract Manager: Contract Modifications and Change Management 2

Question 1

Under the Changes clause, a contractor must submit a proposal for an equitable adjustment within how many days of receiving a change order, unless the contracting officer specifies otherwise?

Accepted Answer

30 days

Answer

FAR 52.243-1 requires the contractor to assert its right to an equitable adjustment within 30 days of receiving the change order.

Question 2

Which of the following best describes a value engineering change proposal (VECP)?

Accepted Answer

A contractor-initiated proposal to change a requirement in a way that reduces cost while maintaining required performance

Answer

A VECP is voluntarily submitted by the contractor proposing changes to reduce contract cost while maintaining required performance, with savings shared between the government and contractor.

Question 3

When a change order is issued and the cost impact cannot be agreed upon before work must begin, the contract may include a:

Accepted Answer

Undefinitized contract action (UCA)

Answer

An undefinitized contract action allows work to begin before price is agreed upon, with definitization required within a set timeframe.

Question 4

The 'Changes' clause in a fixed-price contract typically covers changes in all of the following EXCEPT:

Accepted Answer

Profit percentage

Answer

The Changes clause covers technical and delivery-related changes; profit percentage adjustments are part of equitable adjustment negotiations, not a direct change category.

Question 5

A contractor who believes the government has issued a constructive change should:

Accepted Answer

Perform the work and submit a claim within the applicable statute of limitations

Answer

The contractor should perform the work to avoid default and then submit a claim for equitable adjustment, as refusing to work could be considered a breach.

CPCM Exam Practice Test

CPCM Exam Practice Test

CPCM Certified Professional Contract Manager: Contract Modifications and Change Management 2