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Proposal Volume & Evaluation Criteria Flashcards

7 cards from real FCC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

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  1. What is the 'Competitive Range' in FAR Part 15 source selection?

    Answer: A subset of the most highly rated proposals from which the government will select for discussions

    FAR 15.306(c) defines the competitive range as those most highly rated proposals from which, after the initial evaluation, the contracting officer determines the government will conduct discussions.

  2. A proposal's 'Price Volume' for a cost-reimbursement contract typically requires submission of:

    Answer: Certified cost or pricing data with supporting detail for direct and indirect costs

    Cost-reimbursement proposals require detailed cost breakdowns including labor categories, hours, rates, materials, and indirect cost rates, often requiring certified cost or pricing data above the threshold.

  3. Which proposal volume typically contains the offeror's organizational conflict of interest (OCI) mitigation plan?

    Answer: Management Volume

    OCI mitigation plans are generally included in the Management Volume because they address organizational and structural safeguards, not technical methodology.

  4. What is 'price realism' analysis and when is it typically applied?

    Answer: An analysis determining whether an offeror's proposed price reflects a clear understanding of requirements and is realistic for performance, used primarily for cost-reimbursement contracts

    Price realism analysis assesses whether an offeror's proposed costs are realistic and achievable, helping identify abnormally low bids that could indicate performance risk, and is most common on cost-type contracts.

  5. When the government conducts 'Exchanges with Offerors' during discussions, what is the contracting officer required to do per FAR 15.306(d)?

    Answer: Conduct discussions with all offerors in the competitive range, addressing deficiencies and significant weaknesses

    FAR 15.306(d) requires the contracting officer to conduct meaningful discussions with all competitive range offerors, addressing at minimum all deficiencies and significant weaknesses.

  6. What is a 'Best and Final Offer' (BAFO), also called a 'Final Proposal Revision' (FPR) under current FAR terminology?

    Answer: The revised proposal an offeror submits after discussions, incorporating any corrections and final pricing

    After discussions close, FAR 15.307 requires offerors to submit Final Proposal Revisions (formerly called BAFOs) reflecting any changes made in response to discussion issues.

  7. Which statement about 'Significant Weaknesses' is most accurate per FAR definitions?

    Answer: A significant weakness is a flaw that appreciably increases the risk of unsuccessful contract performance

    FAR 15.001 defines a significant weakness as a flaw that appreciably increases performance risk but does not, by itself, make the proposal unacceptable — it is less severe than a deficiency.