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THE LATEST UPDATE CON 3990 Exam FAR Parts 2023.

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THE LATEST UPDATE CON 3990 Exam FAR Parts 2023.

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CON 3990 Exam FAR Parts 2023


FAR Part 1 -CORRECT ANSWER Federal Acquisition Regulation System



FAR Part 2 -CORRECT ANSWER Definitions of Words and Terms



FAR Part 3 -CORRECT ANSWER Improper Business Practices & Personal Conflicts of Interest



FAR Part 4 -CORRECT ANSWER Administrative Matters



FAR Part 5 -CORRECT ANSWER Publicizing Contract Actions



FAR Part 6 -CORRECT ANSWER Competitive Requirements



FAR Part 7 -CORRECT ANSWER Acquisition Planning



FAR Part 8 -CORRECT ANSWER Required Sources of Supplies and Service



FAR Part 10 -CORRECT ANSWER Market Research



FAR Part 12 -CORRECT ANSWER Acquisition of Commercial Items



FAR Part 13 -CORRECT ANSWER Simplified Acquisition Procedures (SAP)



FAR Part 15 -CORRECT ANSWER Contract by Negotiation

,FAR Part 16 -CORRECT ANSWER Types of Contracts



FAR Part 19 -CORRECT ANSWER Small Business Programs



FAR Part 31 -CORRECT ANSWER Contract Cost Principles & Procedures



FAR Part 33 -CORRECT ANSWER Protests, Disputes, and Appeals



FAR Part 42 -CORRECT ANSWER Contract Administration & Audit Services



FAR Part 44 -CORRECT ANSWER Subcontracting Policies & Procedures



FAR Part 46 -CORRECT ANSWER Quality Assurance



FAR Part 49 -CORRECT ANSWER Termination of Contracts



FAR Part 50 -CORRECT ANSWER Extraordinary contractual actions and safety act



FAR Part 51 -CORRECT ANSWER Use of Government Sources by Contractors



FAR Part 52 -CORRECT ANSWER Solicitation Provisions and Contract Clauses



FAR Part 53 -CORRECT ANSWER FORMS



Contracting Life Cycle Phases -CORRECT ANSWER 1. Pre-Award

2. Award

3. Post Award

,Communication and Decision Making Bias -CORRECT ANSWER 1. Minimize influence of Personal biases

2. Maximize the likelihood of a successful result.

3. Facilitate communication among affected parties.



Minimize the Effect of Personal Biases -CORRECT ANSWER The contracting professional should strive to
minimize the influence of personal biases.



Maximize the likelihood of Successful Results -CORRECT ANSWER 1. AR 1.102-4(e) states that
contracting officers "should take the lead in encouraging business process innovations and ensuring that
business decisions are sound."



Facilitate Communications Among Affected Parties -CORRECT ANSWER 1. Effective communication
minimizes the effect of personal biases, maximizes the likelihood of successful results, and facilitates
communications among affected stakeholders.



Cost, quality and timeliness of products and services -CORRECT ANSWER 1. FAR 1.102-2(a) tells
contracting professionals that a guiding principle is to satisfy customers in terms of cost, quality, and
timeliness of the delivered product or service.



Contracting Officer Representative (COR) -CORRECT ANSWER 1. FAR 1.602-2(d)(7) states that contracting
officers shall designate CORs in writing and furnish copies to the contractor and the contract
administration office



Standards of conduct -CORRECT ANSWER 1. FAR 3.101-1 tells us Government business shall be
conducted in a manner above reproach and, except as authorized by statute or regulation, with
complete impartiality and with preferential treatment for none.



Methods of disseminating information -CORRECT ANSWER 1. For proposed contract actions expected to
exceed $25,000, by synopsizing in theGovernment-wide Point of Entry (GPE).For proposed contract
actions expected to exceed $15,000, but not expected to exceed$25,000. by displaying in a public place.



Justification and Approval (J&A) -CORRECT ANSWER 2.FAR 6.303-1(a) states a contracting officer shall
not commence negotiations for a sole source contract,commence negotiations for a contract resulting

, from an unsolicited proposal, or award any othercontract without providing for full and open
competition unless the contracting officer-

I. Justifies, if required in FAR 6.302, the use of such actions in writing;

II. Certifies the accuracy and completeness of the justification;

III. (and) Obtains the approval required by FAR 6.304.



Post award orientation: -CORRECT ANSWER 1. FAR 42.501(a) states a post award orientation aids both
Government and contractor personnel to (1) achieve a clear and mutual understanding of all contract
requirements, and (2) identify and resolve potential problems. However, it is not a substitute for the
contractor's fully understanding the work requirements at the time offers are submitted, nor is it to be
used to alter the final agreement arrived at in any negotiations leading to contract award.



Standards of Conduct: -CORRECT ANSWER 1. (FAR 3.101-1). Transactions relating to the expenditure of
public funds require the highest degree of public trust and an impeccable standard of conduct. The
general rule is to avoid strictly any conflict of interest, or even the appearance of a conflict of interest in
government-contractor relationships.



Solicitation and Acceptance of Gratuities by Government Personnel -CORRECT ANSWER The overarching
rule on accepting gifts from contractor/employees is at (FAR 3.101-2). You may not solicit gifts from
anyone, for any reason. This means for yourself or for others. Federal employees are prohibited from
soliciting or accepting gifts.



Disclosures -CORRECT ANSWER No person or other entity may disclose contractor bid or proposal
information or source selection information to any person other than a person authorized, in accordance
with applicable agency regulations or procedures, by the agency head or the contracting officer.



Contracts with Government Employees: -CORRECT ANSWER A contracting officer shall not knowingly
award a contract to a Government employee or to a business concern or other organization owned or
substantially owned or controlled by one or more Government employees (FAR 3.601).



Personal Conflicts of interest: -CORRECT ANSWER FAR part 3 covers polices and procedures related to
avoiding improper business practices and personal conflicts of interest. A "personal conflict of interest" is
a situation where an individual is employed by a defense contractor company and is in a position to
materially influence DOD's recommendations and/or decisions and, because of his/her personal
activities, relationships, or financial interests, may lack or appear to lack objectivity, or appear to be
unduly influenced by personal financial interest.

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