It is the Government's policy that before executing a contract, the contracting officer must:
- Obtain written assurance from the responsible fiscal authority that adequate funds are available.
- Obtain written assurance from the paying office that adequate funds are available.
- Confirm that the Appropriate Bill has passed.
- Obtain written assurance from the head of the contracting office that adequate funds are
available. correct answers - Obtain written assurance from the responsible fiscal authority that
adequate funds are available.
FAR 32.702(a)
What would be the preferred way to acquire an item in Government contracting?
- Purchase the requirement as a noncommercial item.
- Purchase the requirement as a commercial item.
- Purchase the item as another transactional authority acquisition.
- Purchase the item as a developmental item. correct answers - Purchase the requirement as a
commercial item.
FAR 10.002(d)
Contracting officers shall provide property to contractors only when it is clearly demonstrated
that:
- The contractor requests the use of Government property.
- Government property is available.
- The contractor is unwilling to supply its own resources.
- The overall benefit to the acquisition significantly outweighs the increased cost of
administration. correct answers - The overall benefit to the acquisition significantly outweighs
the increased cost of administration.
FAR 45.102
Acquisition planning should begin:
- When a purchase request is received
- When a statement of work is received
- As soon as the agency need is identified
- Within 30 days of receipt of the purchase request correct answers - As soon as the agency need
is identified
FAR 7.104(a)
Which of the following is an exception to obtaining certified cost or pricing data?
- Adequate price competition
- Sole source acquisition
- Subcontractor contracts
- Noncommercial item correct answers - Adequate price competition
FAR 15.403-1(b)
The contracting officer shall take which of the following actions to encourage small business
participation in acquisitions?
, - Encourage small businesses to subcontractors to large businesses.
- Bundle or consolidate acquisitions.
- Abbreviate delivery schedules to decrease the likelihood of large business proposing.
- Divide acquisitions into reasonably small lots to permit offers on quantities less than the total
requirement. correct answers - Divide acquisitions into reasonably small lots to permit offers on
quantities less than the total requirement.
FAR 19.202-1
Government contract types are grouped into two broad categories: fixed price contracts and:
- Variable-cost contracts
- Cost-reimbursement contracts
- Cost contracts
- Undefinitized contracts correct answers - Cost-reimbursement contracts
FAR 16.101(b)
Incentive contracts are designed to obtain specific acquisition objectives by:
- Motivating contractor efforts that might not otherwise be emphasized
- Ensuring contractors meet minimum requirements
- Allowing the Government to meet funding requirements
- Addressing fluctuations in market conditions correct answers - Motivating contractor efforts
that might not otherwise be emphasized
FAR 16.401(a)
Agencies shall conduct market research:
- In the same manner for all acquisitions for consistency circumstances
- Only if unsure of adequate competition
- Appropriate to the circumstances
- Until release of the solicitation correct answers Appropriate to the circumstances
FAR 10.001
To the maximum extent practicable, acquisition officials shall state requirements of supplies or
services in terms of functions to be performed, performance required, or:
- Essential physical characteristics
- Commerciality
- Requiring activity preference
- Availability correct answers - Essential physical characteristics
FAR 11.002(a)(2)
When using FAR part 12 procedures, the technical evaluation would normally include
examination of such things as product literature, product samples (if requested), technical
features, and:
- Management plans
- Manufacturing plans
- Quality assurance plans
- Warranty provisions correct answers - Warranty provisions
FAR 12.602(b)