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CON 3990 EXAM FAR PARTS QUESTIONS AND ANSWERS

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CON 3990 EXAM FAR PARTS FAR Part 1 - Answer-Federal Acquisition Regulation System FAR Part 2 - Answer-Definitions of Words and Terms FAR Part 3 - Answer-Improper Business Practices & Personal Conflicts of Interest FAR Part 4 - Answer-Administrative Matters FAR Part 5 - Answer-Publicizing Contract Actions FAR Part 6 - Answer-Competitive Requirements FAR Part 7 - Answer-Acquisition Planning FAR Part 8 - Answer-Required Sources of Supplies and Service FAR Part 10 - Answer-Market Research FAR Part 12 - Answer-Acquisition of Commercial Items FAR Part 13 - Answer-Simplified Acquisition Procedures (SAP) FAR Part 15 - Answer-Contract by Negotiation FAR Part 16 - Answer-Types of Contracts FAR Part 19 - Answer-Small Business Programs FAR Part 31 - Answer-Contract Cost Principles & Procedures FAR Part 33 - Answer-Protests, Disputes, and Appeals FAR Part 42 - Answer-Contract Administration & Audit Services FAR Part 44 - Answer-Subcontracting Policies & Procedures FAR Part 46 - Answer-Quality Assurance FAR Part 49 - Answer-Termination of Contracts FAR Part 50 - Answer-Extraordinary contractual actions and safety act FAR Part 51 - Answer-Use of Government Sources by Contractors FAR Part 52 - Answer-Solicitation Provisions and Contract Clauses

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CON 3990 EXAM FAR PARTS
FAR Part 1 - Answer-Federal Acquisition Regulation System

FAR Part 2 - Answer-Definitions of Words and Terms

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

FAR Part 4 - Answer-Administrative Matters

FAR Part 5 - Answer-Publicizing Contract Actions

FAR Part 6 - Answer-Competitive Requirements

FAR Part 7 - Answer-Acquisition Planning

FAR Part 8 - Answer-Required Sources of Supplies and Service

FAR Part 10 - Answer-Market Research

FAR Part 12 - Answer-Acquisition of Commercial Items

FAR Part 13 - Answer-Simplified Acquisition Procedures (SAP)

FAR Part 15 - Answer-Contract by Negotiation

FAR Part 16 - Answer-Types of Contracts

FAR Part 19 - Answer-Small Business Programs

FAR Part 31 - Answer-Contract Cost Principles & Procedures

FAR Part 33 - Answer-Protests, Disputes, and Appeals

FAR Part 42 - Answer-Contract Administration & Audit Services

FAR Part 44 - Answer-Subcontracting Policies & Procedures

FAR Part 46 - Answer-Quality Assurance

FAR Part 49 - Answer-Termination of Contracts

FAR Part 50 - Answer-Extraordinary contractual actions and safety act

FAR Part 51 - Answer-Use of Government Sources by Contractors

FAR Part 52 - Answer-Solicitation Provisions and Contract Clauses

,FAR Part 53 - Answer-FORMS

Contracting Life Cycle Phases - Answer-1. Pre-Award
2. Award
3. Post Award

Communication and Decision Making Bias - 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 - Answer-The contracting professional should
strive to minimize the influence of personal biases.

Maximize the likelihood of Successful Results - 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 - 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 - 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) - 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 - 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 - 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) - 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: - 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: - 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 - 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 - 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: - 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: - 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.

Organizational Conflicts of interest: - Answer-An OCI is the existence of a set of
circumstances in which a contractor may be unable to render impartial advice to the
government, or might have impaired objectivity in performing contracted work, or
may obtain an unfair competitive advantage in the marketplace when competing for
government work where that unfair advantage is obtained performing a government
contract.

There are three broad categories of Organizational Conflicts of interest OCI: -
Answer-1. Unequal Access
2. Impaired Objectivity
3. Biased Ground Rules

Three basic approaches available to contractors and the Agency for dealing with OCI
issues, as follows: - Answer-1. Avoid - Prevent the occurrence of an actual or
potential OCI through actions such as excluding sources from competition or
eliminating a segment of work from a contract or task.

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