Simplified Acquisition Procedures in Government Contracting Quiz
Test your knowledge on Simplified Acquisition Procedures (SAP) in government contracting. Explore regulations, advantages, and key procedures.
#1
Which of the following statements is true about Simplified Acquisition Procedures (SAP) in government contracting?
SAP applies to acquisitions exceeding $10,000.
SAP can be used for acquisitions up to $250,000.
SAP only applies to acquisitions related to construction projects.
SAP requires a lengthy competitive bidding process.
#2
What is the primary goal of Simplified Acquisition Procedures (SAP) in government contracting?
To streamline the acquisition process for small businesses.
To ensure the highest level of competition in government contracts.
To increase administrative burdens for government agencies.
To exclude small businesses from government contracts.
#3
Which regulation governs Simplified Acquisition Procedures (SAP) in the United States federal government?
Federal Acquisition Regulation (FAR) Part 13
Federal Acquisition Regulation (FAR) Part 15
Federal Acquisition Regulation (FAR) Part 19
Federal Acquisition Regulation (FAR) Part 7
#4
What are some advantages of using Simplified Acquisition Procedures (SAP) for government contracting?
Reduced administrative costs and time
Increased complexity in the procurement process
Limited opportunities for small businesses
Requirement for extensive market research
#5
In Simplified Acquisition Procedures (SAP), what is a micro-purchase?
A purchase exceeding $250,000
A purchase exceeding $100,000
A purchase up to $10,000
A purchase up to $5,000
#6
Which entity is responsible for setting the micro-purchase threshold in Simplified Acquisition Procedures (SAP)?
Congress
Office of Management and Budget (OMB)
Department of Defense (DoD)
General Services Administration (GSA)
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