Subcontracting Knowledge Check

Subcontracting Knowledge Check

Professional Development

20 Qs

quiz-placeholder

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Subcontracting Knowledge Check

Subcontracting Knowledge Check

Assessment

Quiz

Business

Professional Development

Practice Problem

Medium

Created by

Heather Honerkamp

Used 19+ times

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20 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

10 sec • 1 pt

A _____ contractor is in privity with the government. It is the contract awardee. Has full responsibility for completion and legally responsible for performance.

2.

FILL IN THE BLANK QUESTION

10 sec • 1 pt

A ___ contractor is in privity with a prime contractor. They perform a portion of the main contract and are legally responsible to the prime contractor.

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Define TRADITIONAL TEAMING.

Prime contractor forms a holding company and buys smaller firms for investment.

Prime contractor hires companies to act as subcontractors.

2 or more companies form a separate legally entity.

1 company completes all the work independently.

4.

FILL IN THE BLANK QUESTION

10 sec • 1 pt

A _____ venture is created when 2 more more companies form a partnership and setup a new legal entity.

5.

MULTIPLE SELECT QUESTION

10 sec • 1 pt

Select the types of Mentor Protege programs available.

DOD Mentor Protege

SBA Mentor Protege

Georgia Mentor Protege

APEX Accelerator Buddy System

6.

MULTIPLE SELECT QUESTION

10 sec • 1 pt

Why do contractors team up? Select all correct answers.

Spread Risk

Lock Out Competition

Localize Offer

Improve Past Performance

Increase costs

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Select the order for the traditional teaming process.

Subcontract
Joint venture

Award

Networking
Award
Subcontract

Teaming Agreement
Subcontract
Award

Award
Teaming Agreement
Subcontract

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