ACTUAL QUESTIONS AND CORRECT
ANSWERS
Far - correct answer federal acquisition regulation
Far must follow - correct answer 1) commit to fair and open competition
2) ensure responsible use of taxpayer money
3) maintain highest ethical standards
Cor general responsibilities - correct answer 1) acquisition planning
2) market research
3) contract/performance management
Cor traits - correct answer technical expertise and familiarity with all aspects of the contract
Cor specific duties - correct answer 1) furnish technical direction and monitor contract
performance
2) maintain independent relationship
3) ensure contractors are paid for authorized services/materials only
4) review, accept, and reject deliverables
Ofpp - correct answer office of federal procurement policy
Mission of fai - correct answer ensure the development of a federal acquisition workforce
Cor planning purpose - correct answer 1) validate identified need
2) establish requirements
3) develop elements of the acquisition plan
, Cor planning responsibilities - correct answer 1) assist with market research
2) define requirments
2 meanings of solicitation - correct answer 1) process of requesting bids from potential
contractors
2) physical document requesting bids from potential contractors (rfp, rfb, rfq)
During solicitation, the gov't releases the following to industry - correct answer 1) request for
proposal (rfp)
2) request for bid (rfb)
3) request for quote (rfq)
Cor evaluation step - correct answer 1) assessment of proposal using criteria in rfp, rfb, rfq
2) evaluate nonprice factors
3) input in the tet summary report
Cor award step - correct answer 1) co issues execution contract signed by all parties
2) notify all unsuccessful parties
3) delegation letter and contract docs and forms given to the cor
Cor post-award tasks - correct answer 1) monitor contractor performance
2) receive and approve invoices
3) assure contractor security
4) maintain documentation
5) assist with close-out
How do you know when to function as a cor or a pm? - correct answer if contract, then pm. If
delegation letter, then cor
Internal stakeholder - correct answer any person, group or org whose interests will be directly
affected by the project