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CON 1100 Federal Acquisition Regulation FAR Part 2-53, Legislative Executive Judicial Oversight, OMB Budget Authority, DAR Council Guidance, Acquisition Categories Supplies Services R&D Construction, Contracting Life Cycle Pre-Award Award Post-Award, Pape

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CON 1100 Federal Acquisition Regulation FAR Part 2-53, Legislative Executive Judicial Oversight, OMB Budget Authority, DAR Council Guidance, Acquisition Categories Supplies Services R&D Construction, Contracting Life Cycle Pre-Award Award Post-Award, Paperless Contract File PCF, CPARS Performance Assessment, Army Contracting Command ACC, Fiscal Year FY, Obligation Period of Availability, Five Colors of Money, Anti-Deficiency Act ADA Violations, Bona Fide Need Rule, Misappropriation Act, Contracting Officer Authority, Contract Specialist COR Responsibilities, Indefinite Delivery Contracts, Fixed Price Cost Reimbursable, Contract Line Item CLIN, Uniform Contract Format UCF, Commercial Item Acquisition, Market Research, Competition in Contracting Act CICA, Justification and Approval J&A, Source Selection Evaluation, Effective Communication Principles, PIEE WAWF SPS SAM Systems Exam Questions Verified and Provided with Complete A+ Graded Rationales Latest Updated 2026 What are the three branches of government Legislative- establishes laws Executive - appoints heads of agency and issues executive orders Judicial - case law, interprets law, resolves disputes What is the main function of the OMB Advocate for the president's budget to congress What is the responsibility of the DAR council Defense Pricing and Contracting oversees DAR, DAR responsible for developing and maintaining acquisition rule and guidance in support of DoD's acquisition of good's and services What are the major categories of acquisition Supplies and equipment Services Construction Research and Development PCF Paperless Contract Files - secure web-based virtual contracting office CPARS Contractor Performance Assessment Review System - performance evaluations contain both government and contractor comments to provide a balanced view of performance allowing source selection officials to look beyond contractor references Where does ACC sit in the CoC Army Material Command supervises Army Contracting Command FY Fiscal Year - Federal GOVT year beginning 1OCT - 30SEP Obligation any act that legally binds the government to make payments. Period of Availability Most appropriations are available for obligation for a limited period of time. If activities do not obligate the funds during the period of availability, the funds expire and are generally unavailable for obligation What are the five colors of money and their period of availability 1.MilPers - 1 year 2.Operations and Maintenance - 1 Year 3.Research, development, test and Evaluation - 2 years 4.Procurement - 3 years 5.Military Construction - 5 years ADA Anti Deficiency Act - Spending before congress approves funds, more money than approved Examples of ADA violations Obligating current year funds for the bona fide need of subsequent FY

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CON 1100 Federal Acquisition Regulation FAR Part 2-53, Legislative Executive
Judicial Oversight, OMB Budget Authority, DAR Council Guidance, Acquisition
Categories Supplies Services R&D Construction, Contracting Life Cycle Pre-Award
Award Post-Award, Paperless Contract File PCF, CPARS Performance Assessment,
Army Contracting Command ACC, Fiscal Year FY, Obligation Period of Availability,
Five Colors of Money, Anti-Deficiency Act ADA Violations, Bona Fide Need Rule,
Misappropriation Act, Contracting Officer Authority, Contract Specialist COR
Responsibilities, Indefinite Delivery Contracts, Fixed Price Cost Reimbursable,
Contract Line Item CLIN, Uniform Contract Format UCF, Commercial Item
Acquisition, Market Research, Competition in Contracting Act CICA, Justification
and Approval J&A, Source Selection Evaluation, Effective Communication
Principles, PIEE WAWF SPS SAM Systems Exam Questions Verified and Provided
with Complete A+ Graded Rationales Latest Updated 2026




What are the three branches of government

Legislative- establishes laws



Executive - appoints heads of agency and issues executive orders



Judicial - case law, interprets law, resolves disputes




What is the main function of the OMB

Advocate for the president's budget to congress

,What is the responsibility of the DAR council

Defense Pricing and Contracting oversees DAR, DAR responsible for developing and maintaining
acquisition rule and guidance in support of DoD's acquisition of good's and services




What are the major categories of acquisition

Supplies and equipment

Services

Construction

Research and Development




PCF

Paperless Contract Files - secure web-based virtual contracting office




CPARS

Contractor Performance Assessment Review System - performance evaluations contain both
government and contractor comments to provide a balanced view of performance allowing
source selection officials to look beyond contractor references




Where does ACC sit in the CoC

Army Material Command supervises Army Contracting Command

, FY

Fiscal Year - Federal GOVT year beginning 1OCT - 30SEP




Obligation

any act that legally binds the government to make payments.




Period of Availability

Most appropriations are available for obligation for a limited period of time. If activities do not
obligate the funds during the period of availability, the funds expire and are generally
unavailable for obligation




What are the five colors of money and their period of availability

1.MilPers - 1 year

2.Operations and Maintenance - 1 Year

3.Research, development, test and Evaluation - 2 years

4.Procurement - 3 years

5.Military Construction - 5 years




ADA

Anti Deficiency Act - Spending before congress approves funds, more money than approved




Examples of ADA violations

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