FCC FCC Simplified Acquisition & SAP Procedures 1

Question 1

What is the simplified acquisition threshold (SAT) for most federal contracts under FAR Part 13?

Accepted Answer

$250,000

Answer

$150,000

Answer

$500,000

Answer

$100,000

Question 2

Which FAR part primarily governs simplified acquisition procedures (SAP)?

Accepted Answer

FAR Part 13

Answer

FAR Part 15

Answer

FAR Part 12

Answer

FAR Part 8

Question 3

A Blanket Purchase Agreement (BPA) under FAR 13.303 is best described as:

Accepted Answer

A simplified method of filling anticipated repetitive needs by establishing charge accounts with qualified sources

Answer

A definitive contract with a ceiling price for multiple deliveries

Answer

A task order contract requiring competition for each order

Answer

An indefinite-delivery indefinite-quantity contract under FAR Part 16

Question 4

Under SAP, the micro-purchase threshold for most federal acquisitions is:

Accepted Answer

$10,000

Answer

$3,500

Answer

$25,000

Answer

$50,000

Question 5

When using SAP, which of the following is NOT required for purchases between the micro-purchase threshold and the SAT?

Accepted Answer

A formal written solicitation with a minimum 30-day response period

Answer

Soliciting at least three sources when practicable

Answer

Promoting competition to the maximum extent practicable

Answer

Keeping a record of the solicitation and award

Question 6

Under FAR 13.106, for purchases above the micro-purchase threshold, the contracting officer must:

Accepted Answer

Solicit at least three sources to promote competition

Answer

Issue a formal Request for Proposal (RFP)

Answer

Publish a synopsis in SAM.gov for at least 15 days

Answer

Conduct a full price analysis using all FAR Part 15 methods