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CON 1200V U10 Developing the Solicitation (How to Request an Offer)
Exercises - Instructor
Introduction
Exercise Questions – Set 1 Solicitation Names and Forms
Slide 30
Question 1
. Given the following scenarios, indicate:
The type of solicitation you would use, RFQ, IFB, RFP
What form you should/could use
Provide a FAR citation that supports your answer(s)
Scenario 1:
You need to solicit offers for an estimated $235,000 four (4) month temporary, non-
complex, help desk services contract using simplified acquisition procedures.
RFQ FAR 2.101, FAR 13.104(b), FAR 13.106-1(a)
SF49 FAR 13.307, FAR 53.213, DFARS PGI 213.307
Scenario 2:
You need to solicit an offer for an estimated $47 million non-commercial navigation equipment for military aircraft. There is only one source and it is not available on a Federal Supply Schedule (FSS).
RFP, FAR 2.101 and FAR 15.203(a)
SF 33 FAR 15.210 and FAR 53.215-1
Remaining questions, provide a brief response and a FAR citation that supports your answers.
Question 2
. What type of solicitation should be used for the construction of a security fence and guardhouse using government provided specifications and drawings, using full-and-open competition, and only price related factors are needed?
Invitation for Bid (IFB), FAR 6.401(a)
Question 3
. What type of solicitation should be used for a four year, complex information technology (IT) services contract estimated to be approximately $20M using full and open competition, and discussions may be required?
RFP, FAR 6.401(b)
Question 4
. What solicitation method would be used to the maximum extent feasible under the simplified acquisition threshold?
Oral solicitation, 13.106-1(c)(1)(i)
Page 1
of 8
07/03/2023
CON 1200V U10 Developing the Solicitation (How to Request an Offer)
Exercises - Instructor
Exercise Questions – Set 2 Necessary Elements of a Solicitation
Slide 44
Question 1
. Using FAR part 15, fill in the table below with the names of the different sections of
the UCF, no FAR reference is required.
Part I The Schedule
Part II Contract Clauses
A: Solicitation/contract form
I: Contract Clauses
B: Supplies or services and prices/costs
Part III List of Documents, Exhibits, and Other
Attachments
C: Description/specifications/statement of work
J: List of attachments
D: Packaging and marking
Part IV Representations and Instructions
E: Inspection and acceptance
K: Representations, certifications, and other statements of offerors
F: Deliveries or performance
L: Instructions, conditions, and notices
G: Contract administration data
M: Evaluation factors for award
H: Special contract requirements
Page 2
of 8
07/03/2023
CON 1200V U10 Developing the Solicitation (How to Request an Offer)
Exercises - Instructor
Question 2
. Fill in the table below and provide a FAR reference to support your answer. Only one FAR reference is required if multiple citations answer the question.
Characteristic
Sealed Bidding
Competitive
Negotiation
SAP
Procedures are located in…
FAR part 14
FAR part 15
FAR part 13
Competition requirements are located in…
FAR part 6
FAR part 6
FAR part 6.001(a) and FAR 13.304
The solicitation is called…
Invitation for Bid (IFB)
Request for Proposal (RFP
Request for Quote (RFQ)
The offer is called…
Bid
Proposal
Quote/Offers
Authorized contract types are…
FFP and FP w/ EPA
All types
FFP, T&M, LH
Authorized evaluation factors are…
Price and Price related factors, FAR 14.101(e), 14103-2(d)
Price and non-price factors, FAR 15.304, FAR 15.101-1©, FAR 15.101-
2(b)(1)
May use price and price related factors only or price and non-price factors (FAR 13.106-1(a)
(2)
Relative importance of each evaluation factor or subfactor…
N/A
Must be stated in the solicitation. FAR 15.304(d)
Need not be stated in the solicitation (FAR 13.106-1(a)(2)
Question 3
. When contracting by negotiation, what are the minimum elements your solicitation must describe? Provide a FAR citation to support your response.
FAR 15.203(a)
Page 3
of 8
07/03/2023
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Average Rate of Return-Cost Savings
Maui Fabricators Inc. is considering an investment in equipment that will replace direct labor. The equipment has a cost of $90,000 with a $8,000
residual value and a ten-year life. The equipment will replace one employee who has an average wage of $15,980 per year. In addition, the equipment
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What is the Payback Period for the following investment?
Year
1
2
3
4
5
O a. 3.77
Ob. 3.73
Oc. 3.89
Od. 3.96
Cash Out
$ (1,600,000)
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550,000
580,000
610,000
640,000
670,000
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Entries for notes payable
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2. the receipt of the payment of the note at maturity.
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1- Evaluate the following projects using the payback method assuming a rule of 3
for payback.
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Project A
-10,000
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4,000
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Owner invested $66,500 in exchange for common stock of the corporation.
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Shipping constitutes a large part of the budget for online retailers. One such retailer ships fragile items that occasionally
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An investment offers $3,850 per year for 15 years, with the first
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Question 6
In applying the high-low method, what is the fixed cost?
Month
Miles
January 76000
February 52000
March
66000
April
84000
O$12000
$40000
O$45000
$32000
Total Cost
$122000
110000
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150000
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Break-Even Sales Under Present and Proposed Conditions
Darby Company, operating at full capacity, sold 154,100 units at a price of $51 per unit during the current year. Its income statement is as follows:
Sales
$7,859,100
Cost of goods sold
2,788,000
Gross profit
$5,071,100
Expenses:
Selling expenses
$1,394,000
Administrative expenses
833,000
Total expenses
2,227,000
Income from operations
$2,844,100
The division of costs between variable and fixed is as follows:
>
Variable
Fixed
Cost of goods sold
60%
40%
Selling expenses
50%
50%
Administrative
30%
70%
expenses
Management is considering a plant expansion program for the following year that will permit an increase of $714,000 in yearly sales. The expansion…
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Problem
Initial investment (II) = $6,500, TPP = 2.5 years, required rate of return (r) = 8%
Year
Operating cash flow
1
2,000
4,000
3
3,000
1. How much is payback period (PP)? Should the project be accepted or rejected?
2. How much is discounted payback period (DPP)? Should the project be accepted or rejected?
3. How much is net present value (NPV)? Should the project be accepted or rejected?
4. How much is internal rate of return (IRR)? Should the project be accepted or rejected?
5. How much is modified internal rate of return (MIRR)? Should the project be accepted or rejected?
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- A https://mybusinesscourse.com/platform/mod/quiz/attempt.php?attempt33019128&cmid%3D204453&page%3D1 E BusinessCouse A Return to course * My Sub M6: MBC Exercises Ch. 6 Navigation Finish attempt Question 2 Not complete Mark 0.00 out of 1.00 P Flag question Margin of Safety Yellow Sticker Company's variable expenses are 40% of sales. The company has monthly fixed expenses of $15,000 and sells each unit for $0.50. The monthly target operating income is $7,500. a. What is the monthly margin of safety in dollars if Yellow Sticker Company achieves its operating income goal? SO x in dollars b. What is the monthly margin of safety in units if Yellow Sticker Company achieves its operating income goal? x units Check You have correctly selected 0. Incorrect Marks for this submission: 0.00/1.00. O Previous B Save Answersarrow_forwardInsert Draw Page Layout Formulas Data Review View Tell me Calibri (Body) v A A 11 Wrap Text v В I U Merge & Centem fx B E F CLR Question Lesson Objective # Ma Q4: Solve the following 2 problems related to employee compensation CLR 1-Obj. 4 L2 a. Jon is employed at annual salary of $41995. His regular work week is 38 hours and he is paid semi-monthly i. What is Jon's Gross pay per period? ii. What is hourly rate of pay? iii. What is his gross pay for a period in which work 12 hours of overtime and he is paid overtime at time and a half of What is a salesperson's commission on net sales of $17800 if the commission is paid on a sliding scale of 7%% on the first $7000, 8%% on the next $8000 and 12.5% on sales over $15000? b. CLR 1- Obj. 5 L2 Mark Q5: Solve the following 3 problems related to GST, HST, PST, 公 四arrow_forwardt.php?attempt%3D1347310&cmid3D701917&page3D2 E-learning services SQU Libraries SQU Portal Attendance English (en) Ali decided to install a new internet fiber service. He signed a contract with Company XYZ. The contract states that Ali pays a monthly subscription fee. Ali's monthly internet cost can be classified as a: t of estion Select one: a. Sunk cost b. Fixed cost C. Moderation cost O d. Mixed cost Oe. Variable cost ious page Next page - Answers to Ch3 Additional Exercises Jump to Exam 1 Part 2- Sp20arrow_forward
- I need help ASAP I don’t understandarrow_forwardata table K Fabulous Fabricators needs to decide how to allocate space in its prod year. It is considering the following contracts: E a. What are the profitability indexes of the projed Data Table b. What should Fabulous Fabricators do? a. What are the profitability indexes of the projects? The profitability index for contract A is *** Contract A B C ck on the following icon in order to copy its contents into a spreadsheet.) Use of Facility 100% 60% 40% NPV $1.98 million $1.02 million $1.53 million (Round to two decimal placesarrow_forwardQuestion 3: Note: below list is a snap shot of table of content of the book. Planning website design and redesign projects 362 Require: You Are require to Read the topic and summarize it in your own words. ( 200-250 words) Book: th DavE ChaffEy , fiona ElliS-ChadwiCk, Digital Marketing 6 Editionarrow_forward
- 4Homework: Project Analysis As X 9 Question 2 - Homework: Projec X %3D heducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252F... O * O Project Analysis Assignment i 1 Saved Help Save & Exit Submit Check my work A project currently generates sales of $18 million, variable costs equal 60% of sales, and fixed costs are $3.6 million. The firm's tax rate is 35%. Assume all sales and expenses are cash items. a. What are the effects on cash flow, if sales increase from $18 million to $19.8 million? (Input the amount as positive value. Enter your answer in dollars not in millions.) Cash flow increases by $ 47,000 b. What are the effects on cash flow, if variable costs increase to 70% of sales? (Input the amount as positive value. Enter your answer in dollars not in millions.) decreases | by s 2$ 117,000 Cash flowarrow_forwardNSPIRON متوقف مؤقتا elearn.squ.edu.om/mod/quiz/review.php?attempt=D16687 G... Obs -Jblicyl .lyI all zihll Go SQU E-LEARNING SYSTEM (ACADEMIC) E-LEARNING SERVICES SQU LIBRARIES SQU PORTALATTENDANCE The correct answer is: OMR 35,200 Question 10 Company XYZ is currently producing AND selling 10,000 units of product A. At this level, the total product cost was $60,000. This included $10,000 direct materials, $20,000 direct labor and $30,000 manufacturing overhead cost, which included 20% variable manufacturing overhead cost. The selling and administrative expenses were $100,000, which included $60,000 variable selling and administrative costs. Assume that the selling price per unit $20, how much was the total contribution margin? Theorrect Mark0.00 out of 2.00 Flag question a. $134,000 b. None of the given answers C. $40,000 d. $104,000 e. $194,000 The correct answer is: $104,000 Windows Finish review ENG II ...arrow_forwardAccounting excel practice problem - I already solved the first few sub parts to this question - I just need the last sub part answered. I attached a picture of the instructions and a picture of the excel spreadsheet to answer the remaining "formulas".arrow_forward
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