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1. FAR 1.602-2 - ANSWER Contracting officers are responsible for ensuring
performance of all necessary actions for effective contracting, ensuring
compliance with the terms of the contract , and safeguarding the interests
of the United States in its contractual relationships. In order to perform
these responsibilities, contracting officers should be allowed wide latitude
to exercise business judgment.
2. FAR 1.602-2(a) - ANSWER Contracting Officers must ensure sufficient
funds are available for obligation for each contract action.
3. FAR 1.602-2(b) - ANSWER states that contracting officers shall ensure
that contractors receive impartial, fair, and equitable treatment. This
applies to all types of communications, written and verbal.
4. FAR 1.602-2(c) - ANSWER Contracting officers shall request and
consider the advice of specialists in audit, law, engineering, information
security , transportation, and other fields, as appropriate.
, 5. FAR 1.602-2(d) - ANSWER states that contracting officers shall designate
CORs in writing and furnish copies to the contractor and the contract
administration office.
6. Which part of the FAR gives the best guidance for personal conflict of
interest? - ANSWER FAR part 3
7. Which part of the FAR gives the best guidance for organizational conflict of
interest? - ANSWER FAR part 9
8. FAR 1.102-4(e) - ANSWER states that contracting officers "should take
the lead in encouraging business process innovations and ensuring that
business decisions are sound."
9. FAR 1.102-2(c)(2) - ANSWER tells us the contracting system must focus
on "risk management" rather than "risk avoidance." The cost to the
taxpayer of attempting to eliminate all risk is prohibitive. The contracting
system should allow contracting professionals to take independent action
based on their professional judgment. Along these lines, contracting
professionals should exercise discretion, use sound business judgment, and
comply with applicable laws and regulations in dealing with contractors and
prospective contractors. All contractors and prospective contractors should
be treated fairly and impartially but need not be treated the same.
10.FAR 1.102-2(c) - ANSWER Instructs that the business of acquisition
should be conducted with openness.