Download BACK TO BASIC CERTIFICATION CONTRACTING EXAM PRACTICE study set with 100% verified soluti and more Exams Advanced Education in PDF only on Docsity!
BACK TO BASIC CERTIFICATION CONTRACTING
EXAM PRACTICE
study set with 100% verified solutions-personalized
success 2025-
411Q&A
What are the 3 phases of contract life cycle? Pre-Award, Award, and Post-Award The Pre-award phase consists of 2 primary activities, what are they? Develop Solicitation and Develop Offer What one activity is in the award phase? Form the Contract The post-award phase is comprised of 2 primary activities, what are they? Perform Contract and Close Contract Who develops a solitication?
The Government and the buyer Who prepares an offer? The Contractor and the seller During the post-award phase while the contract is being performed, who has the responsibility for quality? The seller What is the means by acquiring by contract with appropriated funds of supplies or services by and for the use of the Federal Government through purchase or lease? Acquisition What FAR part covers personal conflict of interest? FAR Part 3 What FAR part covers organizational conflict of interest? FAR Part 9 Who has the authority to the maximum extent practicable and consistent with law, to determine the application of rules, regulations, and policies, on a specific contract? The Contracting Officer
Negotiation You need to document a business decision, such as the use of a specific contract type. What document will you create? A Determination and Findings (D&F) At the conclusion of negotiations, the contracting officer will complete a what? Price Negotiation Memorandum (PNM) Prior to negotiation a sole source contract, the contracting officer must complete a what? Justification and Approval (J&A) This form is used to award negotiated contracts in which signatures of both parties on a single document is appropriate. SF 26 - Award/Contract This form is used to amend any solicitation or modify any contract. SF 30 - Amendment of Solicitation/Modification of Contract This form may be used to award either negotiated contracts or contracts utilizing sealed bidding. SF 33 - Solicitation, Offer, and Award
This form is used for soliciting offers and awarding contracts expected to exceed the simplified acquisition threshold. These acquisitions must be for: (1) construction, alteration or repair; OR (2) dismantling, demolition, or removal of improvements. SF 1442 - Solicitation, Offer & Award This form is required for solicitations for commercial items if the acquisition will exceed the simplified acquisition threshold. It is encouraged for commercial acquisitions not exceeding the simplified acquisition threshold. SF 1449 - Solicitation/Contract/Order for Commercial Items This form is used for placing orders under indefinite-delivery contracts or if the SF 1449 is not used under simplified acquisition procedures. DD 1155 - Order for Supplies or Services This form is used to facilitate a structured approach to profit/fee analysis. DD 1547 - Record of Weighted Guidelines Application What aids both the Government and contractor personnel to (1) achieve a clear and mutual understanding of all contract requirements, and (2) identify and resolve potential problems. Postaward Orientation
A contracting officer shall not knowingly award a contract to WHO or to a business concern or other organization owned or substantially owned by this person (FAR 3.601). a Government employee What does OCI stand for? Organizational Conflicts of Interest An what 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. Organizational Conflicts of Interest (OCI) What are the 3 broad categories of OCI? (1) Unequal Access, (2) Impaired Objectivity, and (3) Biased Ground Rules What is an unfair competitive advantage typically surfaces when a contractor obtains information not generally available to competitors where such information would assist the contractor in winning the contract award? Unequal Access (part of OCI)
This may happen when a support contractor is performing duties that involve assessing or evaluating itself or a related entity. Impaired Objectivity (part of OCI) This most often occurs when the contractor is writing the Statement of Work, performing systems engineering, or providing technical direction efforts. Biased Ground rules (part of OCI) What are the 3 basic approaches available to contractors and the Agency for dealing with OCI issues? (1) Avoid), (2) Neutralize, and (3) Mitigate Can you award to a contractor if you determine there is an OCI? If an OCI exists, it may be best to cancel the RFP and make any needed changes to eliminate any conflict. Who shall analyze planned acquisitions in order to (1) Identify and evaluate potential organizational conflicts of interest as early in the acquisition process as possible; and (2) Avoid, neutralize, or mitigate significant potential conflicts before contract award? The Contracting Officer
True What is FAR Part 10? Market Research (1) Delivering on a timely basis is the best-value products and services to the customer and (2) maintaining the public's trust and fulfill public policy objectives is what? The vision of the Federal Acquisition System What costs are in the Contracting Life-Cycle? (1) Acquisition costs, (2) Supporting costs, (3) Disposal costs, and (4) Operating costs Market research shall be conducted when? On an ongoing basis and appropriate to the circumstances Which person of the acquisition team can contractually obligate the Government? The Contracting Officer Who is an individual, including a contracting officer's technical representative (COTR), designated and authorized in writing by the contracting officer to perform specific technical or administrative functions?
Contracting Officer's Representative (COR) IAW FAR 1.102-3, the Acquisition Team consists of participants who will participate in the acquisition process at the appropriate time. Who are the participants? (1) customer/end-user, (2) technical personnel, (3) contracting personnel, and (4) contractor personnel Who is the only team member of the acquisition team is authorized to award, change, or terminate a contract? Contracting Officer What is the purpose of a post award orientation? (1) achieve a clear and mutual understanding of all contract requirements and (2) identify and resolve potential problems What are the 2 types of authority? (1) Actual and (2) Apparent What are the 2 types of Actual Authority? (1) Express Actual Authority and (2) Implied Actual Authority What is created by explicit language, either in writing or verbal. It should be noted that the spoken word is generally as binding as the written word; however, it is sometimes more difficult to prove?
(1) capacity, (2) mutual assent, (3) consideration, and (4) lawful purpose What refers to the legal competence of a person to enter a valid contract? Capacity What means that parties involved in a contract must come to an agreement about the details of the transaction and each party either makes a promise or begins or renders performance? aka meeting of the minds. Mutual Assent What is something of value that a promisor (the offeror) receives from a promisee (the offeree) in return for his or her offer? Consideration A contract is unenforceable if any term of the agreement is contrary to public policy. What element is this? Lawful Purpose A contract is defined as a mutually binding legal relationship obligating the seller to furnish the supplies or services (including construction) and the buyer to pay for them. True or False? True
Capacity is when each party either makes a promise or begins to render performance. True or False? False What is the process used to determine if industry can support the acquisition "needs" of the Government? Market Research Market Research is conducted to determine what 2 things that are available to meet the Government's needs. (1) Commercial Products/Services or (2) Non-Developmental Items What are the 2 types of Market Research? (1) Strategic Market and (2) Tactical Market What is conducted continuously throughout the acquisition process? Strategic Market Research What is conducted at specific points during the acquisition process? Tactical Market Research The extent of market research will vary, depending on such factors as urgency, estimated dollar value, complexity, and past experience. True or False?
business (WOSB) concerns eligible under the WOSB Program, and (6) set- asides for local firms during a major disaster or emergency What are the statutory authorities (including applications and limitations) permit contracting without providing for full and open competition? (1) only one responsible source and no other supplies or services will satisfy agency requirements, (2) unusual and compelling urgency, (3) national security, and (4) public interest Contracting officers shall purchase supplies and services from responsible sources at fair and reasonable prices. True or Fale? True Acceptance constitutes acknowledgment that the supplies or services conform with applicable contract quality and quantity requirements, except as subject to other terms and conditions of the contract. True or False? True Supplies accepted at a place other than what shall not be re-inspected at destination for acceptance purposes, but should be examined at destination for quantity, damage in transit, and possible substitution or fraud?
Destination Acceptance of supplies or services is the responsibility of who? The Contracting Officer Risk of loss of or damage to supplies shall remain with who? The Contractor Risk of loss of or damage to supplies shall remain with the contractor until, and shall pass to the Government upon what 2 things? (1) Delivery of the supplies to a carrier if transportation is f.o.b. origin; or (2) Acceptance by the Government or delivery of the supplies to the Government at the destination specified in the contract, whichever is later, if transportation is f.o.b. destination. Title to supplies shall pass to the Government upon formal acceptance, regardless of when or where the Government takes physical possession, unless the contract specifically provides for earlier passage of title. True or False? True Except for defaults of subcontractors at any tier, the Contractor shall not be in default because of any failure to perform the contract under its terms if the failure arises from causes beyond the control and without the fault or negligence of the Contractor. True or False?
(1) Bilateral and (2) Unilateral What is a contract modification that is signed only by the contracting officer? Unilateral Modification A what (supplemental agreement) is a contract modification that is signed by the contractor and the contracting officer? Bilateral Modfication Bilateral modifications are used to what? (1) Make negotiated equitable adjustments resulting from the issuance of a change order; (2) Definitize letter contracts; and (3) bullet Reflect other agreements of the parties modifying the terms of contracts. Unilateral modifications are used to what? (1) Make administrative changes; (2) Issue change orders; (3) make changes authorized by clauses other than a changes clause; and (4) issue termination notices Only contracting officers acting within the scope of their authority are empowered to execute contract modifications on behalf of the Government. Government personnel shall not what? (3)
(1) execute contract modifications, (2) act in such a manner as to cause the contractor to believe that they have authority to bind the Government, and (3) direct or encourage the contractor to perform work that should be the subject of a contract modification What are the 2 main types of termination? (1) Termination for Convenience and (2) Termination for Default What is the government's unilateral contractual right to partially or completely terminate a contract without being required to pay damages, despite full contractor compliance with its contractual obligations? Termination for Convenience ("T4C") What is generally the exercise of the Government's contractual right to completely or partially terminate a contract because of the contractor's actual or anticipated failure to perform its contractual obligations? Termination for Default (T4D) A what is used either after the cure notice fails to correct the delinquency or when there is insufficient time remaining in the schedule
- less than 10-days? Show Cause A cure notice is issued when?
