Free CRA Exam Braindumps (page: 1)

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Which of the following refers to an announcement of a federal agency's general research interests?

  1. BAA
  2. BCC
  3. BEA
  4. BRC
  5. None of the choices.

Answer(s): A

Explanation:

Broad Agency Announcement (BAA) refers to an announcement of a federal agency's general research interests. A BAA would serve the purpose of inviting proposals and specifying the general terms and conditions under which the relevant award can be made.



Which of the following would serve the purpose of inviting proposals and specifying the general terms and conditions under which the relevant award can be made?

  1. RFP
  2. RFQ
  3. RFQ
  4. BAA
  5. BEC
  6. None of the choices.

Answer(s): A

Explanation:

You need to know the difference between RFP and BAA. A request for proposal (referred to as RFP) is an invitation for suppliers to submit a proposal on a specific commodity or service.A broad agency announcement (BAA) is a notice from the government that requests scientific or research proposals from private firms concerning certain areas of interest to the government. The key is on the word "scientific" - BAA deals primarily with scientific study and experimentation directed toward advancing the state-of-the-art or increasing knowledge or understanding. See 48 CFR 36.106(a)



Bequests and gifts are basically awards that are given with:

  1. at the max five conditions specified.
  2. with only one single condition specified.
  3. at least two conditions specified.
  4. few or no conditions specified. E.
    None of the choices.

Answer(s): D

Explanation:

Bequests and gifts are basically awards that are given with few or no conditions specified. Gifts may be provided for establishing an endowment or for providing direct support for existing programs. They are often used to support developing programs for which other funding is not available. In other words, they are quite flexible.



Gifts may be provided for establishing an endowment but NOT for providing direct support for existing programs.

  1. True
  2. True only for gift with value over $100k
  3. True only for gift with value over $1000k
  4. False

Answer(s): D

Explanation:

Bequests and gifts are basically awards that are given with few or no conditions specified. Gifts may be provided for establishing an endowment or for providing direct support for existing programs. They are often used to support developing programs for which other funding is not available. In other words, they are quite flexible.



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