QUESTIONS AND CORRECT ANSWERS
◉ A form of written approval signed by an authorized official that is
required by statute or regulation as a prerequisite to taking certain
contract actionsi s defined as a Answer: determination and findings
◉ Contracting officers below the level of ___ shall be selected and
appointed Answer: a head of a contracting activity
◉ According to the FAR conventions at Subpart 1.1, each authority is
delegable unless Answer: specifically stated otherwise
◉ When an imperative sentence directs action in the FAR, who is
responsible for the action unless another party is expressly cited?
Answer: the CO
◉ Unauthorized commitments are agreements that are NOT binding
solely because Answer: the government representative who made the
agreement lacked the authority to enter into it
◉ The simplified acquisition threshold for any contract in support of
contingency operations to be awarded and performed, or purchase to be
made, outside of the united states is Answer: 1 million
,◉ Commercial Item Answer: A non developmental item, if the
procuring agency determines the item was developed exclusively at
private expense and sold in substantial quantities, on a competitive basis,
to multiple state and local governments
◉ Consolidating 2 or more requirements for supplies or services,
previosuly provided or performed under seperate smaller contracts, into
a solicitation for a single contract that is likely to be unsuitable for award
to a small business concern is defined as Answer: bundling
◉ Which of the following are included in the definitions of "contracts"
Answer: letter contracts and job orders
◉ The government can minimize the opportunity for buying in by using
which of the following techniques Answer: multiyear contracting, priced
options, and amortization of nonrecurring costs
◉ A contractor's arrangements to pay contingent fees for soliciting
government contracts have long been considered contrary to public
policy because Answer: they may lead to exercise of improper influence
◉ ____ is any money, fee, commission, credit, gift, gratuity, thing of
value, or compensation of any kind which is provided directly or
indirectly, to any prime contractor, prime contractor employee,
subcontractor, or subcontractor employee for the purpose of improperly
obtaining or rewarding favorable treatment in connection with a prime
contractor in connection with a subcontract relating to a prime contract
Answer: Kickback
, ◉ A contract with a corporation shall be signed by Answer: in the
corporate name, followed by the word "by" and the signature and title of
the person authorized to sign
◉ Contractors must retain all records pertaining to a government
contract for a minimum or __ years Answer: 3 years from the date of
final payment, unless otherwise specified
◉ Contractor representations and certifications Answer: are submitted
through the System for Award Management
◉ Agencies must implement OMB guidance for personal identity
verification when Answer: contractors have routine physical access to
either a federally controlled facility or information system.
◉ Dollar threshold for public announcement of contract awards Answer:
$4,000,000
◉ Acceptable methods for disseminating information on proposed
contract actions include Answer: announcements in magazines at no
cost, assisting a local trade association in disseminating information to
their members, and synopsis in the government wide point of entry
◉ What is the minimum response time for receipt of bids or proposals
for noncommercial item solicitations Answer: 30 days from the date of
publication of a proper notice of intent to contract