Contracting Certification Exam 2024-2025: Questions and Answers, Exams of Construction

Download Contracting Certification Exam 2024-2025: Questions and Answers and more Exams Construction in PDF only on Docsity! Contracting Certification Exam 2024- 2025. Questions & Correct Answers. Graded A+ 4 elements of a contract - ANScapacity, mutual assent, consideration, lawful purpose Acquisition Team - ANScomposed of many different participants who work together to navigate through the acquisition process. Each team member has specific tasks and is empowered to make decisions within their areas of responsibility. Anti-Deficiency Act - ANSProhibits from involving the government in a contract or obligation for the payment of money before an appropriation is made unless authorized by law. Prohibits against over obligating or overspending an appropriation. 31 U.S.C. 1341 DD 1155 - ANSOrder for Supplies or Services DD 1484 - ANSPost-Award Conference Record DD 1547 - ANSRecord of Weighted Guidelines Application, used to facilitate a structured approach to profit/fee analysis. DD 1594 - ANScontract completion statement DD 1597 - ANSContract closeout checklist DD 1861 - ANSContract Facilities Capital Cost of Money, used to estimate the facilities capital cost of money and capital employed DD 254 - ANSContract Security Classification Specification Determination and Findings - ANSWritten approval by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions . The "determination" is a conclusion or decision supported by the "findings" . Deviation - ANSThe issue of a policy, procedure, solicitation provision, contract clause, method or process of conducting an acquisition that is inconsistent with the FAR. FAR Part 1 - ANSFederal Acquisition Regulations System FAR Part 10 - ANSMarket Research FAR Part 11 - ANSDescribing Agency Needs FAR Part 12 - ANSAcquisition of Commercial Products and Commercial Services FAR Part 13 - ANSSimplified Acquisition Procedures FAR Part 14 - ANSSealed Bidding FAR Part 15 - ANSContracting by Negotiation FAR Part 16 - ANSTypes of Contracts FAR Part 19 - ANSSmall Business Programs FAR Part 2 - ANSDefinitions of Words and Terms FAR Part 3 - ANSImproper Business Practices and Personal Conflicts of Interest FAR Part 31 - ANSContract Cost Principles and Procedures FAR Part 33 - ANSProtests, Disputes, and Appeals FAR Part 4 - ANSAdministrative and Information Matters FAR Part 42 - ANSContract Administration and Audit Services FAR Part 43 - ANSContract Modifications FAR Part 44 - ANSSubcontracting Policies and Procedures FAR Part 46 - ANSQuality Assurance FAR Part 49 - ANSTermination of Contracts FAR Part 5 - ANSPublicizing Contract Actions FAR Part 6 - ANSCompetition Requirements FAR Part 7 - ANSAcquisition Planning FAR Part 8 - ANSRequired Sources of Supplies and