CLC 059 Management of Subcontracting Compliance Exam Questions And Answers, Exams of Accounting

CLC 059 Management of Subcontracting Compliance Exam Questions And Answers

Typology: Exams

2024/2025

Available from 08/03/2025

Nurseexpert
Nurseexpert 🇺🇸

4.5

(4)

8.6K documents

1 / 5

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
CLC 059 Management of Subcontracting
Compliance Exam Questions And Answers
When FAR 52.244-6 is included in noncommercial
contracts, it identifies the clauses to be included in
what kinds of subcontracts? -
correct answer ✅Subcontracts for commercial or non-
developmental items.
How will the inclusion of the flow-down clauses in CD
2018-O0021 or FAR 52.244-6 impact post-award
subcontracting compliance management? For all four
contracts, the procuring contracting officer (PCO) has
delegated all contract administration functions that
can be delegated. -
correct answer ✅It is a best practice for the
administrative contracting officer (ACO) to conduct a
post-award orientation conference and review the
required flow-down clauses with the prime contractor.
During post-award administration, we need to impress
upon each prime contractor that it is the prime
contractor's responsibility to ensure that its
subcontractors are complying with the flow-down
clauses.
pf3
pf4
pf5

Partial preview of the text

Download CLC 059 Management of Subcontracting Compliance Exam Questions And Answers and more Exams Accounting in PDF only on Docsity!

Compliance Exam Questions And Answers

When FAR 52.244-6 is included in noncommercial contracts, it identifies the clauses to be included in what kinds of subcontracts? - correct answer ✅Subcontracts for commercial or non- developmental items. How will the inclusion of the flow-down clauses in CD 2018-O0021 or FAR 52.244-6 impact post-award subcontracting compliance management? For all four contracts, the procuring contracting officer (PCO) has delegated all contract administration functions that can be delegated. - correct answer ✅It is a best practice for the administrative contracting officer (ACO) to conduct a post-award orientation conference and review the required flow-down clauses with the prime contractor. During post-award administration, we need to impress upon each prime contractor that it is the prime contractor's responsibility to ensure that its subcontractors are complying with the flow-down clauses.

Compliance Exam Questions And Answers

Goal of Government Procurement - correct answer ✅Small businesses should be provided maximum practicable opportunities to participate in government procurements. What is a first-tier subcontract? - correct answer ✅A first-tier subcontract is defined in FAR 52.204-10 and means a subcontract awarded directly by the prime contractor for the purpose of acquiring supplies or services (including construction) for performance of a prime contract. (Don't forget the useful job aid that was provided earlier that contains common terms and definitions. It includes this term, first-tier subcontract, along with several others.) Individual Subcontracting Plan - correct answer ✅An individual subcontracting plan is a subcontracting plan that applies to a single contract and has goals that are based on the offeror's planned subcontracting in support of a single contract.

Compliance Exam Questions And Answers

program developed by DoD to determine whether comprehensive subcontracting plans on a corporate, division, or plant-wide basis will reduce administrative burdens while enhancing subcontracting opportunities for small and small disadvantaged business concerns. This program is referred to as the Test Program for Negotiation of Comprehensive Small Business Subcontracting Plans (Test Program).To become and remain eligible to participate in the Test Program, a business concern is required to have furnished supplies or services (including construction) under at least three DoD contracts during the preceding fiscal year, having an aggregate value of at least $ million. Test Program participants use their comprehensive subcontracting plans, in lieu of individual subcontracting plans, when performing any DoD contract or subcontract that requires a subcontracting plan. The offeror provided its small business goals expressed as total dollars subcontracted and percentages of the total it plans to award in subcontracts. This is an individual subcontracting plan; therefore, the offeror could have been required to also express its small business goals in terms of what? -

Compliance Exam Questions And Answers

correct answer ✅Total contract dollars - A more complete picture is provided when the offeror is required to express its small business subcontracting goals in terms of total contract dollars, along with expressing its small business subcontracting goals in terms of total planned for subcontracting dollars. In order to receive a contract award, the successful offeror (the prime contractor to be) must have an acceptable subcontracting plan. The plan may need to be negotiated to be determined acceptable. What happens if the apparently successful offeror or bidder does not submit or negotiate an acceptable subcontracting plan within the prescribed time limit? Please read FAR 19.702 to answer this question. - correct answer ✅Contractor will be ineligible for contract award. If a contract modification occurs, under what circumstances will a subcontracting plan be required?

correct answer ✅If the modification causes the contract value to exceed the threshold in FAR 19.702, and subcontracting opportunities exist.