Questions and Correct Verified Answers (Graded
A+) Latest Brand New Version
What must be documented in the PNM: If certified cost or price data were
required, the extent to which the contracting officer - - VERIFIED ANSWER
- relied on the certified cost or pricing data submitted and used them in
negotiating the price
You need to document a business decision, what document will you
create? - VERIFIED ANSWER - Determination & Findings
Prior to negotiating a sole source contract, the contracting officer must
complete a? - VERIFIED ANSWER - Justification & Approval
What form is used for Award/Contract? - VERIFIED ANSWER - SF-26
What form is used for an Amendment of the Solicitation/Mod of Contract?
- VERIFIED ANSWER - SF-30
,What form is used for Solicitation, Offer & Award? - VERIFIED ANSWER -
SF33
What form is used for Purchase Order/Invoice/Voucher? - VERIFIED
ANSWER - SF44
Which form is used for Abstract of Offers? - VERIFIED ANSWER - SF1409
What form is used for Solicitation, Offer & Award for Construction
Contracts? - VERIFIED ANSWER - SF1442
What form is used for Solicitation/Contract/Order for Commercial
Items? - VERIFIED ANSWER - SF1449
What form is used for Contract Security Classification Specification? -
VERIFIED ANSWER - DD254
What form is used for Supplies or Services? - VERIFIED ANSWER - DD1155
What form is used for Record of Weighted Guidelines Application? -
VERIFIED ANSWER - DD1547
,The Anti-Kickback Act of 1986 prohibits any person from - - VERIFIED
ANSWER - 1) Providing, attempting to provide, or offering to provide any
kickback
2) Soliciting, accepting, or attempting to accept any kickback
3) Including, directly or indirectly, the amount of any kickback...
The vision of the Federal Acquisition System consists of: - VERIFIED
ANSWER - 1) Deliver on a timely basis the best-value products and
services to the customer
2) Maintain on the public's trust and fulfill public policy objectives
What does FAR 31.203(b) state? - VERIFIED ANSWER - states that after
direct costs have been determined, indirect costs are those remaining to
be allocated.
FAR Conventions listed at FAR 1.108(b) provides guidance for interpreting
the FAR and states what? - VERIFIED ANSWER - states that each authority
is delegable unless specifically stated otherwise.
, What are the essential elements of a contract? - VERIFIED ANSWER - 1.
Capacity
2. Mutual Assent
3. Consideration
4. Lawful purpose
Termination for ______ is similar to default termination except it applies
to _________ formats - VERIFIED ANSWER - Cause
Commercial Contracts
Termination for ______ is the gov. unilateral contract right to partially or
completely terminate a contract.... of work under a contract ______ -
VERIFIED ANSWER - Convenience
when it is in the government's best interest
Termination for ________ is the exercise of the Government's contractual
to completely or partially terminate a contract bc of contractor's actual
or anticipated _____ - VERIFIED ANSWER - Default
Failure to Perform