Administer Contracts

Question 1

True or false: The CO is a person with the authority to enter into, administer, and/or terminate contracts and make related determinations and findings.
a. True
b. False

Answer 1

a. True

Question 2

What part of the FAR prescribes policies and procedures for assigning and performing contract administration and contract audit services?
a. FAR Part 31
b. FAR Part 37
c. FAR Part 37
d. FAR Part 42

Answer 2

d. FAR Part 42

Question 3

True or false: The CO may delegate additional functions to the CAO beyond those listed in FAR 42.302.
a. True
b. False

Answer 3

a. True

Question 4

The contract administration phase begins before award of the contract.

a. True

b. False

Answer 4

False

Question 5

True or false: In a postaward meeting, the contracting officer will conduct a preliminary meeting of government personnel and will designate or act as the chairperson at the conference.
a. True
b. False

Answer 5

a. True

Question 6

What should the contract management plan include, other than being as simple as precise as possible? Select all that apply.
a. What must be done
b. When it must take place
c. Who must do it
d. How it is to be accomplished
e. Where it is to be accomplished

Answer 6

a. What must be done
b. When it must take place
c. Who must do it
e. Where it is to be accomplished

Question 7

True or false: The COR plays an important role in the postaward phase of the acquisition and is the “eyes and ears” of the contracting officer.
a. True
b. False

Answer 7

a. True

Question 8

True or false: The DD Form 1484A may be used in conducting the conference and in preparing the conference report.
a. True
b. False

Answer 8

a. True

Question 9

All invoice payments, with the exception of interim payments on cost-reimbursement contracts for services, must be supported by a receiving report or other government documentation authorizing payment (e.g., government certified voucher).
a. True
b. False

Answer 9

a. True

Question 10

The government will not make invoice payments earlier than seven days prior to the due dates specified in the contract unless what is determined by the agency head? Select all that apply.
a. To make earlier payment on a case-by-case basis
b. That the use of accelerated payment methods are necessary
c. None of the above

Answer 10

a. To make earlier payment on a case-by-case basis
b. That the use of accelerated payment methods are necessary

Question 11

What are some examples of contract financing methods? Select all that apply
a. Arrear payments
b. Progress payments
c. Performance-based payments
d. Advanced payments
e. Statement of work payments

Answer 11

b. Progress payments
c. Performance-based payments
d. Advanced payments

Question 12

Contracting officers can only provide property to contractors when what is clearly demonstrated? Select all that apply.
a. It is in the government’s best interest
b. That the overall benefit to the acquisition significantly outweighs the increased cost of administration, including ultimate property disposal
c. That providing the property does not substantially increase the government’s assumption of risk
d. That government requirements cannot otherwise be met

Answer 12

a. It is in the government’s best interest
b. That the overall benefit to the acquisition significantly outweighs the increased cost of administration, including ultimate property disposal
c. That providing the property does not substantially increase the government’s assumption of risk
d. That government requirements cannot otherwise be met

Question 13

Government property shall normally be provided on a rent-free basis in performance of the contract under which it is accountable or otherwise authorized.
a. True
b. False

Answer 13

a. True

Question 14

Generally, contractors are held liable for loss of government property.
a. True
b. False

Answer 14

b. False

Question 15

The rate cycle process all starts when the contractor submits a forward pricing rate proposal (FPRP) at the beginning of an accounting period. DCAA and DCMA take that proposal through a process that will ultimately lead to a forward pricing rate agreement (FPRA).
a. True
b. False

Answer 15

a. True

Question 16

True or false: Billing rates are used to adjust and close out contracts.
a. True
b. False

Answer 16

b. False

Question 17

What is true about billing rates as an indirect cost rate? Select all that apply.
a. They are established temporarily for interim reimbursement of incurred indirect costs
b. They are adjusted as necessary pending establishment of final indirect cost rates
c. They are the same as final rates
d. None of the above

Answer 17

a. They are established temporarily for interim reimbursement of incurred indirect costs
b. They are adjusted as necessary pending establishment of final indirect cost rates

Question 18

Final indirect cost rates are established on what basis? Select all that apply.
a. Contracting officer determination procedure
b. Auditor determination procedure
c. Contractor determination procedure
d. None of the above

Answer 18

a. Contracting officer determination procedure
b. Auditor determination procedure

Question 19

Who is involved in performance management? Select all that apply.
a. Customer
b. Stakeholders
c. Contractor
d. None of the above

Answer 19

a. Customer

Question 20

A stakeholder is anyone with an interest in the acquisition and its outcome.
a. True
b. False

Answer 20

a. True

Question 21

True or false: Governance are individuals or organizations that must approve the requirement and acquisition strategies and may be in the contracting organization or the requiring organization.
a. True
b. False

Answer 21

a. True

Question 22

A good understanding of the “as is state” or baseline, including current, past, and forecasted requirements, processes, performance, and spending, can help the acquisition team more effectively develop plans and actions that will improve performance of the new requirement and implementation strategy.
a. True
b. False

Answer 22

a. True

Question 23

What should a communication plan include? Select all that apply.
a. Who the target audience is
b. What needs to be communicated
c. What the communications should contain
d. Who is responsible for generating the communication
e. What format or forum should be used
f. What frequency is needed to keep the target audience up to speed

Answer 23

a. Who the target audience is
b. What needs to be communicated
c. What the communications should contain
d. Who is responsible for generating the communication
e. What format or forum should be used
f. What frequency is needed to keep the target audience up to speed

Question 24

What part(s) of the FAR address(es) contract performance? Select all that apply.
a. FAR Part 42
b. FAR Part 36
c. FAR Part 46
d. FAR Part 13

Answer 24

a. FAR Part 42
c. FAR Part 46

Question 25

Government contract quality assurance shall be performed at such times (including any stage of manufacture or performance of services) and places (including subcontractors’ plants) as may be necessary to determine that the supplies or services conform to contract requirements. a. True b. False

Answer 25

a. True

Question 26

What are some of the more common types of assessment methods normally included in the quality assurance surveillance plan (QASP)? Select all that apply. a. Random sampling b. Periodic sampling c. Trend analysis d. Customer feedback e. Third-party audits

Answer 26

a. Random sampling b. Periodic sampling c. Trend analysis d. Customer feedback e. Third-party audits

Question 27

The Contractor Performance Assessment Reporting System (CPARS) is used to document contractor performance on systems and non-systems contracts including services, information technology, operations support, systems, and ship repair and overhaul. a. True b. False

Answer 27

a. True

Question 28

The Federal Awardee Performance and Integrity Information System (FAPIIS) is used to collect contractor and grantee performance information including terminations for cause or default, defective cost and pricing data, determinations of nonresponsibility, terminations for material failure to comply (grants), and recipient not qualified determinations (grants). a. True b. False

Answer 28

a. True

Question 29

Up to how many calendar days are contractors afforded from the date of notification of availability of the past performance evaluation to submit comments, rebutting statements, or additional information? a. 21 b. 14 c. 7 d. 15  

Answer 29

b. 14

Question 30

Regarding contract quality requirements, what are the four general categories, depending on the extent of quality assurance needed by the government for the acquisition involved? Select all that apply. a. Contracts for commercial items b. Government reliance on inspection by the contractor c. Standard inspection requirements d. Higher-level contract quality requirements e. None of the above

Answer 30

a. Contracts for commercial items b. Government reliance on inspection by the contractor c. Standard inspection requirements d. Higher-level contract quality requirements

Question 31

When acquiring commercial products and/or commercial services, the government shall rely on contractors’ existing quality assurance systems as a substitute for government inspection and testing before tender for acceptance unless customary market practices for the commercial product and/or commercial service being acquired include in-process inspection. a. True b. False

Answer 31

a. True

Question 32

Requiring compliance with higher-level quality standards is necessary in solicitations and contracts for complex or critical items or when the technical requirements of the contract require what? Select all that apply. a. Control of such things as design, work operations, in- process controls, testing, and inspection b. Attention to such factors as organization, planning, work instructions, documentation control, and advanced metrology c. Additional market research d. None of the above

Answer 32

a. Control of such things as design, work operations, in- process controls, testing, and inspection b. Attention to such factors as organization, planning, work instructions, documentation control, and advanced metrology

Question 33

When does contract administration begin? a. When the contract is awarded b. When the postaward orientation is conducted c. During acquisition planning d. When the contract administration plan is approved

Answer 33

c. During acquisition planning

Question 34

Which of the following administrative functions must the contracting officer delegate to the contract administration office? a. Negotiations occurring during contract administration b. Negotiations for forward pricing rate agreements c. Contract closeout d. Administrative contract modifications

Answer 34

b. Negotiations for forward pricing rate agreements

Question 35

Which of the following is a key element of a contract administration plan? a. A listing of contract terms and conditions related to administration b. Contractor performance milestones c. Names, positions, authorities, and limitations of authority for contract administration team members d. All of the above

Answer 35

d. All of the above

Question 36

Which of the following is TRUE with regard to the development of a contract administration plan? a. Adherence to the plan must be strictly enforced, as all responsibilities and tasks can be anticipated at the time of award b. All major tasks that come from the terms and conditions of the contract should be identified and outlined c. Government obligations need not be outlined as they will automatically be taken care of d. The plan should be finalized prior to award

Answer 36

b. All major tasks that come from the terms and conditions of the contract should be identified and outlined

Question 37

What is the first task in the contract administration process? a. Debrief all offerors not selected for award b. Develop a contract administration plan c. Request that the contractor sign a release of claims d. Review the contract file to identify critical contract requirements and clauses

Answer 37

d. Review the contract file to identify critical contract requirements and clauses

Question 38

Which of the following actions helps ensure the success of a postaward orientation conference? a. Always schedule the conference at the contractor’s facility b. Always schedule the conference in the contracting officer’s office c. Identify areas of the contract that need modification d. Prepare a conference agenda and coordinate it with the contractor and the other participants

Answer 38

d. Prepare a conference agenda and coordinate it with the contractor and the other participants

Question 39

The contracting officer’s representative may be responsible for which of the following duties? a. Evaluating work as it progresses b. Inspecting and accepting completed work for the government c. Monitoring performance d. All of the above

Answer 39

d. All of the above

Question 40

Which of the following types of financing is permitted under a contract for commercial products or commercial services? a. Interim payments b. Loan guarantees c. Performance-based payments d. Progress payments

Answer 40

a. Interim payments

Question 41

What does the Prompt Payment Act require? a. Payment within 30 days of receipt by the designated billing office b. Automatic additional penalties if interest penalties are not paid with 10 days of invoice payment c. Payment of interest on late payments within 10 days of the due date, unless otherwise specified in the contract d. Government acceptance within 10 days of contractor delivery

Answer 41

a. Payment within 30 days of receipt by the designated billing office

Question 42

If a contractor’s invoice is incorrect or incomplete, it must be returned to the contractor within how many calendar days of receipt or it is considered to be accepted? a. 7 b. 10 c. 15 d. 30

Answer 42

a. 7

Question 43

What is the government's obligation when providing government property to a contractor? a. There is no government obligation b. Furnish all required property within the time specified in the contract, in a suitable condition c. Make the property available when it is convenient to the government d. Establish and maintain the contractor's property management system

Answer 43

b. Furnish all required property within the time specified in the contract, in a suitable condition

Question 44

Upon completion of the contract, civilian agencies must prepare an evaluation of contractor performance for each supply contract in excess of what amount? a. $35,000 b. $750,000 c. $10,000 d. $250,000

Answer 44

d. $250,000

Question 45

What is true about contractor performance evaluations? a. They are only for the contractor’s use b. They are for future use by the government in source selections c. They are required for every contract d. They are not applicable to government contracts

Answer 45

b. They are for future use by the government in source selections

Question 46

Your contractor has asked for an interim performance report. Can you provide it? a. No, performance reports can only be done at the completion of the contract b. Yes, but only if the contract is over the SAT c. Yes, interim reports are optional d. Yes, if the contractor has requested it within the required time frame

Answer 46

c. Yes, interim reports are optional

Question 47

What would best describe the stakeholder role of a member of Congress? a. An internal stakeholder b. An external stakeholder c. A governance stakeholder d. A high priority stakeholder

Answer 47

b. An external stakeholder