Contracting exam 1 Flashcards
(32 cards)
What are the major categories of acquisition?
o Supplies and equipment
o Services
o Construction
o Research and Development
❖ What is the source of the Government’s contracting powers?
o U.S. is a constitution based federal republic (not a democracy)
Name the three major phases of contracting
o Contract Planning (Working w/customer)
o Contract Formation (Execution)
Contract Administration (Assessment)
❖ What are the types of KOs and their duties?
o Procuring Contracting Officer (PCO)
▪ KO primarily engaged in awarding contracts
o Administrative Contracting Officer (ACO)
▪ Primarily engaged in administering contracts (Post Award)
o Termination Contracting Officer (TCO)
▪ Primarily engaged in Terminating Contracts
Defense Procurement and Acquisition Policy (DPAP) oversees
Defense Acquisition Regulations (DAR) Council
DAR Council is one of two councils that
maintains the FAR
DAR Council has the sole responsibility for maintaining
the Department of Defense Federal Acquisition Regulation Supplement (DFARS) and the Procedures, Guidance, and Information (PGI)
Contracting Process
Planning, Formation, Administration
List some key success factors for effective team building?
- Leadership
- Member Competency
- Skill mix
- Shared vision
- Collaboration
- Empowerment
- Technology Support
- Collocation
- Team Size
What are some advantages of teamwork?
- Able to do more together than alone
- Able to share resources
- Able to brainstorm ideas
- Innovation and creativity is enhanced
- Able to create extraordinary results
- Individuals bring their own expertise
What are some disadvantages of teamwork?
- Takes more time
- Takes effort
- Takes patience
- Getting everyone together and listen to all ideas
❖ Identify members of the Acquisition Team?
o End user or customer o Contracting professional o Program Manager o Contracting Officer’s Representative (COR) o Financial Manager o Auditor o Property Administrator o Logistics Manager o Legal
❖ Name some characteristics of effective communication
● Non-verbals ● Appearance ● Trust ● Sending/receiving ● Coaching o Give effective feedback o Focus on positive o Clear goals
When does Acquisition planning begin?**
As soon as the agency need is identified (FAR Part 7)
What is market research?
Collecting and analyzing information about capabilities within the market to satisfy agency needs
What are the two types of market research and how do they differ?**
Strategic Market Research (on-going, Not specific) Tactical Market Research (Focused, Specific)
Where are Acquisition plans found in the FAR?
FAR Part 7
How much market research should we do?
The extent of market research will vary, depending upon factor such as: Urgency, Estimated dollar value, Complexity, past experience, Amount of info already available
What are some potential sources for conducting market research?**
A. System for Award Management-www.sam.gov
B. FedBizOps
C. Catalogs
D. Trade shows
E. Historical acquisition data
F. GSA Advantage – Federal Supply Schedules
G. Electronic Document Access (EDA)
What is the 8(a) Program?**
Program provides business development assistance to companies owned by socially and economically disadvantaged individuals
How long can a 8(a) program exist
9 years
What are the dollar thresholds for Justification & Approval?**
Not Exceeding $700K – Contracting Officer
Over $700K - $13.5 Million – Competition Advocate for the procuring activity (not delegable)
Over $13.5 Million – $93 Million – Head of the Contracting Activity
Over $93 Million – Under Secretary of Defense for AL&T
What Act provides for full and open competition?**
Competition in Contracting Act (CICA) Established requirement to use “competitive procedures” in acquiring supplies/services
What are the three types of competition?
- Full and Open Competition
All responsible sources permitted to compete - Full and Open Competition After Exclusion of Sources
Set-Asides for Small Business Concerns
8(a) Programs - Other Than Full and Open Competition
Sole Source
Limited competition required to meet requirements
Seven statutory exceptions
