CON 1400V - Final Exam with all Correct & 100%
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Which of the following is a key element of a contract administration plan?
A listing of contract terms and conditions related to administration
Contractor performance milestones
Names, positions, authorities, and limitations of authority for contract administration team members
All of the above ✔Correct Answer-All of the above
The first task in the contract administration process is to:
Review the contract file to identify critical contract requirements and clauses
Debrief all offerors not selected for award
Develop a contract administration plan
Request that the contractor sign a release of claims ✔Correct Answer-Review the contract file to
identify critical contract requirements and clauses
Generally, government contracts do not hold contractors liable for loss of government property if the
property is provided under which contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold ✔Correct Answer-Cost-
reimbursement contracts
True or false: It is the contracting officer's responsibility to identify and demand payment of
contractor debt.
True
False ✔Correct Answer-True
What part of the FAR identifies the required contract file documentation?
FAR 4.804
FAR 4.803
FAR Subpart 4.7
FAR Subpart 4.6 ✔Correct Answer-FAR 4.803
Before exercising an option, what must the contracting officer determine?
Funds are available
The option was synopsized in accordance with FAR Part 5
The requirement covered by the option fulfills an existing government need
All of the above ✔Correct Answer-All of the above
What process is described in the following statement?
, Using the technical specifications, COR, or in plant QAS inspects to ensure supplies/services meet
contract requirements.
Government quality assurance
Contractor performance
Government Acceptance
Contractor invoice review ✔Correct Answer-Government quality assurance
Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the PCO
Only the contracting officer and contracting officer's representative
Only the procuring contracting officer (PCO) and the administrative contracting officer (ACO)
None of the above ✔Correct Answer-The program manager, the contracting officer, and the PCO
True or False: Within the Contractor Performance Assessment Reporting System (CPARS), the
assessing official representative is responsible for initiating the report and resolving non-concur.
True
False ✔Correct Answer-False
What is considered government-furnished property?
Intellectual property
Items considered incidental to the place of performance
Material, equipment, and special tooling
Software ✔Correct Answer-Material, equipment, and special tooling
Which statement is accurate regarding contractor submission of cost data?
It is required when modifying a contract or subcontract for commercial products or commercial
services
It is required when a waiver has been granted
It is required for changes within or out of scope during post-award
It is required if the contracting officer determines that prices agreed upon are based on adequate
price competition ✔Correct Answer-It is required for changes within or out of scope during post-
award
The following statement is a definition for what term?
The technical requirements in the contract relating to the quality of the product or service and those
contract clauses prescribing inspection, and other quality controls incumbent on the contractor, to
assure that the product or service conforms to the contractual requirements.
Contractor performance
Contract quality requirements
Inspection
Risk mitigation ✔Correct Answer-Contract quality requirements
What must be managed to ensure successful contract completion?
Cost, schedule, and performance
Verified Answers |Latest Version |Already Graded A+
Which of the following is a key element of a contract administration plan?
A listing of contract terms and conditions related to administration
Contractor performance milestones
Names, positions, authorities, and limitations of authority for contract administration team members
All of the above ✔Correct Answer-All of the above
The first task in the contract administration process is to:
Review the contract file to identify critical contract requirements and clauses
Debrief all offerors not selected for award
Develop a contract administration plan
Request that the contractor sign a release of claims ✔Correct Answer-Review the contract file to
identify critical contract requirements and clauses
Generally, government contracts do not hold contractors liable for loss of government property if the
property is provided under which contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold ✔Correct Answer-Cost-
reimbursement contracts
True or false: It is the contracting officer's responsibility to identify and demand payment of
contractor debt.
True
False ✔Correct Answer-True
What part of the FAR identifies the required contract file documentation?
FAR 4.804
FAR 4.803
FAR Subpart 4.7
FAR Subpart 4.6 ✔Correct Answer-FAR 4.803
Before exercising an option, what must the contracting officer determine?
Funds are available
The option was synopsized in accordance with FAR Part 5
The requirement covered by the option fulfills an existing government need
All of the above ✔Correct Answer-All of the above
What process is described in the following statement?
, Using the technical specifications, COR, or in plant QAS inspects to ensure supplies/services meet
contract requirements.
Government quality assurance
Contractor performance
Government Acceptance
Contractor invoice review ✔Correct Answer-Government quality assurance
Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the PCO
Only the contracting officer and contracting officer's representative
Only the procuring contracting officer (PCO) and the administrative contracting officer (ACO)
None of the above ✔Correct Answer-The program manager, the contracting officer, and the PCO
True or False: Within the Contractor Performance Assessment Reporting System (CPARS), the
assessing official representative is responsible for initiating the report and resolving non-concur.
True
False ✔Correct Answer-False
What is considered government-furnished property?
Intellectual property
Items considered incidental to the place of performance
Material, equipment, and special tooling
Software ✔Correct Answer-Material, equipment, and special tooling
Which statement is accurate regarding contractor submission of cost data?
It is required when modifying a contract or subcontract for commercial products or commercial
services
It is required when a waiver has been granted
It is required for changes within or out of scope during post-award
It is required if the contracting officer determines that prices agreed upon are based on adequate
price competition ✔Correct Answer-It is required for changes within or out of scope during post-
award
The following statement is a definition for what term?
The technical requirements in the contract relating to the quality of the product or service and those
contract clauses prescribing inspection, and other quality controls incumbent on the contractor, to
assure that the product or service conforms to the contractual requirements.
Contractor performance
Contract quality requirements
Inspection
Risk mitigation ✔Correct Answer-Contract quality requirements
What must be managed to ensure successful contract completion?
Cost, schedule, and performance
