CON 3910 FAC-C Exam Prep Course
questions and answers
The contracting process consists of three Contract Life Cycle Phases: -
ANSWER>>Pre-award, Award, and Post-award
Which Cntract Life Cycle phase involves all the work performed by both the buyer
(Government or prime contractor) and seller (contractor or subcontractor) in
communicating the buyer's requirements and providing a solution to those
requirements. - ANSWER>>Pre-award
The pre-award phase consists of two primary activities: - ANSWER>>Develop
solicitation, Develop Offer
What part of the FAR coves closeout of government contracts? - ANSWER>>FAR
Part 4.8
Who develops a solicitation? - ANSWER>>The government and the buyer
Who prepares an offer? - ANSWER>>The contractor and the seller
During the post-award phase while the contract is being performed, who has
responsibility for quality? - ANSWER>>The Seller
Acquisition Team consists of: - ANSWER>>govt representatives of technical,
supply and procurement
customers
contractors who provide product/service
Contracting Officer (KO) role on Acq team: - ANSWER>>to determine the
application of rules, regulations, and policies, on a specific contract.
,Contracting Officer (KO) General Responsibilities: - ANSWER>>ensuring
performance of all necessary actions for effective contracting
ensuring compliance with the terms of the contract
safeguarding the interests of the United States in its contractual relationships
Contractor Officer specific responsibilities: - ANSWER>>Ensure Sufficient Funds
Dealing with Contractors
Request Assistance, as Appropriate (e.g. legal)
Designate COR
personal conflict of interest: - ANSWER>>a contractor employee has some
interest that could impair their ability to act impartially and in the best interest of
the Government when performing under a contract
organizational and consultant conflicts of interest - ANSWER>>contractor (or
potential contractor) is in a situation which by way of contract performance gives
them an unfair advantage or will bias their performance in making
recommendations to the Government.
What part of the FAR is personal Conflict of Interest covered? - ANSWER>>FAR
Part 3
What part of the FAR is organizational Conflict of Interest covered? -
ANSWER>>FAR Part 9 Contractor Qualifications
contracting system must focus on "risk ________" rather than "risk ________." -
ANSWER>>contracting system must focus on "risk management" rather than "risk
avoidance." (FAR Part 1)
T or F All contractors and prospective contractors should be treated the same. -
ANSWER>>F All contractors and prospective contractors should be treated fairly
and impartially but need not be treated the same.
,What part of the FAR stresses the importance of transparency to maintain the
integrity of the procurement process? - ANSWER>>FAR Part 1
Openness for the contracting officer applies primarily to? (Select all that apply) A)
Acq Team B) Contractors C) Offerors D) Contracting Team - ANSWER>>All of the
above
FAR 1.102-2(a) tells contracting professionals that a guiding principle of the
Federal Acquisition System is to satisfy customers in terms of what 3 things? -
ANSWER>>cost, quality, and timeliness of the delivered product or service
What part of the FAR coves establishing, maintaining, and disposing of
Government contract files? - ANSWER>>FAR Part 4
What 3 things does a KO have to meet to provide other than full and open
competition? - ANSWER>>Justify in writing; certify accuracy/completeness of
justification; obtain approval in FAR 6.3.
You need to document a business decision, such as the use of a specific contract
type. What document will you create? - ANSWER>>Determination and Findings
When is a Determination and Finding used? - ANSWER>>When it's required by
statute or regulation as a prerequisite to taking certain contract actions.
When is a Justification and Approval used? - ANSWER>>To award a contract with
other than full and open competition.
At the conclusion of negotiations, the contracting officer will complete a: -
ANSWER>>Price Negotiation Memorandum
SF-26 - ANSWER>>Award negotiated contracts needing signature of both parties
SF-30 - ANSWER>>Amendment to solicitation or modification of contract
, SF-33 - ANSWER>>Award negotiated contracts or sealed bidding contracts
(Solicitation/Offer and Award)
SF-44 - ANSWER>>Purchase Order Invoice Voucher - Used for simplified
acquisitions under micro-purchase threshold; and also urgent purchases
SF-1409 - ANSWER>>Abstract of Offers - Records bids
SF-1442 - ANSWER>>Construction over SAT - Solicit offers and award contracts for
construction, alteration, repair, demo.
SF1449 - ANSWER>>Commercial (Req over SAT, recomm under SAT) -
Solicitation/Contract/Order
DD 254 - ANSWER>>Security guidance - Used to provide security classification
guidance to U.S. contractors, and subcontractors as applicable, requiring access to
information classified as "Confidential", "Secret", or "Top Secret".
DD 1155 - ANSWER>>Order on Indefinite Delivery contract (if SF 1449 not used
under SAP)
DD 1547 - ANSWER>>Record of Weighted Guidelines Application - Used for
profit/fee analysis
DD 1861 - ANSWER>>Estimates facilities capital cost
How are contract actions over $25K publicized (disseminated)? -
ANSWER>>Government Point of Entry (GPE) Currently SAM
How are contract actions over $15K but under $25K disseminated? -
ANSWER>>Display in a public place
questions and answers
The contracting process consists of three Contract Life Cycle Phases: -
ANSWER>>Pre-award, Award, and Post-award
Which Cntract Life Cycle phase involves all the work performed by both the buyer
(Government or prime contractor) and seller (contractor or subcontractor) in
communicating the buyer's requirements and providing a solution to those
requirements. - ANSWER>>Pre-award
The pre-award phase consists of two primary activities: - ANSWER>>Develop
solicitation, Develop Offer
What part of the FAR coves closeout of government contracts? - ANSWER>>FAR
Part 4.8
Who develops a solicitation? - ANSWER>>The government and the buyer
Who prepares an offer? - ANSWER>>The contractor and the seller
During the post-award phase while the contract is being performed, who has
responsibility for quality? - ANSWER>>The Seller
Acquisition Team consists of: - ANSWER>>govt representatives of technical,
supply and procurement
customers
contractors who provide product/service
Contracting Officer (KO) role on Acq team: - ANSWER>>to determine the
application of rules, regulations, and policies, on a specific contract.
,Contracting Officer (KO) General Responsibilities: - ANSWER>>ensuring
performance of all necessary actions for effective contracting
ensuring compliance with the terms of the contract
safeguarding the interests of the United States in its contractual relationships
Contractor Officer specific responsibilities: - ANSWER>>Ensure Sufficient Funds
Dealing with Contractors
Request Assistance, as Appropriate (e.g. legal)
Designate COR
personal conflict of interest: - ANSWER>>a contractor employee has some
interest that could impair their ability to act impartially and in the best interest of
the Government when performing under a contract
organizational and consultant conflicts of interest - ANSWER>>contractor (or
potential contractor) is in a situation which by way of contract performance gives
them an unfair advantage or will bias their performance in making
recommendations to the Government.
What part of the FAR is personal Conflict of Interest covered? - ANSWER>>FAR
Part 3
What part of the FAR is organizational Conflict of Interest covered? -
ANSWER>>FAR Part 9 Contractor Qualifications
contracting system must focus on "risk ________" rather than "risk ________." -
ANSWER>>contracting system must focus on "risk management" rather than "risk
avoidance." (FAR Part 1)
T or F All contractors and prospective contractors should be treated the same. -
ANSWER>>F All contractors and prospective contractors should be treated fairly
and impartially but need not be treated the same.
,What part of the FAR stresses the importance of transparency to maintain the
integrity of the procurement process? - ANSWER>>FAR Part 1
Openness for the contracting officer applies primarily to? (Select all that apply) A)
Acq Team B) Contractors C) Offerors D) Contracting Team - ANSWER>>All of the
above
FAR 1.102-2(a) tells contracting professionals that a guiding principle of the
Federal Acquisition System is to satisfy customers in terms of what 3 things? -
ANSWER>>cost, quality, and timeliness of the delivered product or service
What part of the FAR coves establishing, maintaining, and disposing of
Government contract files? - ANSWER>>FAR Part 4
What 3 things does a KO have to meet to provide other than full and open
competition? - ANSWER>>Justify in writing; certify accuracy/completeness of
justification; obtain approval in FAR 6.3.
You need to document a business decision, such as the use of a specific contract
type. What document will you create? - ANSWER>>Determination and Findings
When is a Determination and Finding used? - ANSWER>>When it's required by
statute or regulation as a prerequisite to taking certain contract actions.
When is a Justification and Approval used? - ANSWER>>To award a contract with
other than full and open competition.
At the conclusion of negotiations, the contracting officer will complete a: -
ANSWER>>Price Negotiation Memorandum
SF-26 - ANSWER>>Award negotiated contracts needing signature of both parties
SF-30 - ANSWER>>Amendment to solicitation or modification of contract
, SF-33 - ANSWER>>Award negotiated contracts or sealed bidding contracts
(Solicitation/Offer and Award)
SF-44 - ANSWER>>Purchase Order Invoice Voucher - Used for simplified
acquisitions under micro-purchase threshold; and also urgent purchases
SF-1409 - ANSWER>>Abstract of Offers - Records bids
SF-1442 - ANSWER>>Construction over SAT - Solicit offers and award contracts for
construction, alteration, repair, demo.
SF1449 - ANSWER>>Commercial (Req over SAT, recomm under SAT) -
Solicitation/Contract/Order
DD 254 - ANSWER>>Security guidance - Used to provide security classification
guidance to U.S. contractors, and subcontractors as applicable, requiring access to
information classified as "Confidential", "Secret", or "Top Secret".
DD 1155 - ANSWER>>Order on Indefinite Delivery contract (if SF 1449 not used
under SAP)
DD 1547 - ANSWER>>Record of Weighted Guidelines Application - Used for
profit/fee analysis
DD 1861 - ANSWER>>Estimates facilities capital cost
How are contract actions over $25K publicized (disseminated)? -
ANSWER>>Government Point of Entry (GPE) Currently SAM
How are contract actions over $15K but under $25K disseminated? -
ANSWER>>Display in a public place
