Contingency Contracting exam ACTUAL
QUESTIONS AND CORRECT ANSWERS
FAR Part 18 contains... - CORRECT ANSWERS✅✅Contingency Contracting
Declared Contingency - CORRECT ANSWERS✅✅- Increases SAT to $300K CONUS &
$1M OCONUS
- Increases micro-purchase threshold to $15K CONUS & $30K OCONUS
Non-declared contingency - CORRECT ANSWERS✅✅Simplified acquisition threshold is
$150K, except for acquisition of supplies or services that, as determined by the head of the
agency, are to be used to support a contingency operation or to facilitate defense against or
recovery from nuclear, biological, chemical, or radiological attack
3 things you must have to close out a contract - CORRECT ANSWERS✅✅- DD250
- Invoice
- Release of Claims
SF 1402 (Warrents) are issued to people when they have achieved the following: -
CORRECT ANSWERS✅✅Experience
Education
Knowledge of acquisition policies and procedures
Training IAW DAWIA minimum standards
and must be displayed within public view
Certification is - CORRECT ANSWERS✅✅the ability to do oyur job, valdiated by Defense
Acquisition Workforce Improvement (DAWIA) certification
Accrediation is - CORRECT ANSWERS✅✅proficiency to do your job in the military
, OGE-450 - CORRECT ANSWERS✅✅Confidential Financial Disclosure Report: purpose of
this report is to assist employees and their agencies in avoiding conflicts between duties and
private financial interests or affiliations
DoD 5500.7-R - CORRECT ANSWERS✅✅Joint Ethics Regulation (JER)
Gifts may be.. - CORRECT ANSWERS✅✅anything of monetary value and includes such
things as discounts, favors, entertainment, hospitality, loans, etc
Reporthing of gifts - CORRECT ANSWERS✅✅- Persuade contractor to take back gift
- Contact legal counsel if contractor refuses to take back gift: Safeguard the gift, At earliest
opportunity turn gift over to legal, Write MFR outlining facts
- If gift is perishable give to charity or share the gift with the office
- Pay fair market for the gift
Your first step when reporting a gift - CORRECT ANSWERS✅✅to contact legal
May accept gifts from a prohibited source up to - CORRECT ANSWERS✅✅$50 per year,
may not exceed $20 on any single occasion
3 ways to handle a conflict of intrest - CORRECT ANSWERS✅✅- Disqualification or
recusal
- Waivers of disqualification
- Divestiture
False Claims Act - CORRECT ANSWERS✅✅imposes liability on persons and companies
(typically federal contractors) who defraud governmental programs. The law includes a "qui
tam" provision that allows people who are not affiliated with the government to file actions
on behalf of the government (informally called "whistleblowing").
Bribery - CORRECT ANSWERS✅✅18 USC 201(b)(1)
QUESTIONS AND CORRECT ANSWERS
FAR Part 18 contains... - CORRECT ANSWERS✅✅Contingency Contracting
Declared Contingency - CORRECT ANSWERS✅✅- Increases SAT to $300K CONUS &
$1M OCONUS
- Increases micro-purchase threshold to $15K CONUS & $30K OCONUS
Non-declared contingency - CORRECT ANSWERS✅✅Simplified acquisition threshold is
$150K, except for acquisition of supplies or services that, as determined by the head of the
agency, are to be used to support a contingency operation or to facilitate defense against or
recovery from nuclear, biological, chemical, or radiological attack
3 things you must have to close out a contract - CORRECT ANSWERS✅✅- DD250
- Invoice
- Release of Claims
SF 1402 (Warrents) are issued to people when they have achieved the following: -
CORRECT ANSWERS✅✅Experience
Education
Knowledge of acquisition policies and procedures
Training IAW DAWIA minimum standards
and must be displayed within public view
Certification is - CORRECT ANSWERS✅✅the ability to do oyur job, valdiated by Defense
Acquisition Workforce Improvement (DAWIA) certification
Accrediation is - CORRECT ANSWERS✅✅proficiency to do your job in the military
, OGE-450 - CORRECT ANSWERS✅✅Confidential Financial Disclosure Report: purpose of
this report is to assist employees and their agencies in avoiding conflicts between duties and
private financial interests or affiliations
DoD 5500.7-R - CORRECT ANSWERS✅✅Joint Ethics Regulation (JER)
Gifts may be.. - CORRECT ANSWERS✅✅anything of monetary value and includes such
things as discounts, favors, entertainment, hospitality, loans, etc
Reporthing of gifts - CORRECT ANSWERS✅✅- Persuade contractor to take back gift
- Contact legal counsel if contractor refuses to take back gift: Safeguard the gift, At earliest
opportunity turn gift over to legal, Write MFR outlining facts
- If gift is perishable give to charity or share the gift with the office
- Pay fair market for the gift
Your first step when reporting a gift - CORRECT ANSWERS✅✅to contact legal
May accept gifts from a prohibited source up to - CORRECT ANSWERS✅✅$50 per year,
may not exceed $20 on any single occasion
3 ways to handle a conflict of intrest - CORRECT ANSWERS✅✅- Disqualification or
recusal
- Waivers of disqualification
- Divestiture
False Claims Act - CORRECT ANSWERS✅✅imposes liability on persons and companies
(typically federal contractors) who defraud governmental programs. The law includes a "qui
tam" provision that allows people who are not affiliated with the government to file actions
on behalf of the government (informally called "whistleblowing").
Bribery - CORRECT ANSWERS✅✅18 USC 201(b)(1)
