Contracting Exam 3 Flashcards
(105 cards)
*What are the 6 Essential Contract Elements
- Mutual Assent 1. Mutual Assent: (Valid Offer & Acceptance “Meeting of
the Minds”). - Consideration (Each party receives something of value)
- Capacity (Competence & Authority).
- Lawful Purpose(Obey the FAR & Statutes, Anti Deficiency)
- Certainty of Terms (Clear terms)
- Form provided by law (Written, Oral, Implied through
conduct)
*Types of Contracting Authority are
- Express
- Implied
- Apparent
*What is Express Authority?
• Contracting Officer authority through formal appointment • Authority is limited • Appointed on an SF 1402 (warrant) • May delegate some duties
*Implied Actual Authority is?
• Some authorized reps may have implied actual
authority
• Inspectors may have this type of authority
when they are authorized to accept/reject
work
*Apparent Authority
Apparent authority not recognized in
Government
What is are unauthorized commitments?
An unauthorized commitment is an agreement
that is not binding solely because the Government
representative who made it lacked the authority
to enter into that agreement on behalf of the
Government
*What is ratification?
The act of approving an
unauthorized commitments by an official who has
the authority to do so.
*Ratification
• The authority to ratify may be exercised only
when‐
– Supplies or services have been provided to and
accepted by the Government, or the Government
otherwise has obtained a benefit resulting from
performance of the unauthorized commitment;
– The ratifying official has the authority to enter into
a contractual commitment;
*What type of authority does a KO have?
Express Authority
*Does the government recognize apparent authority?
No
What is the most common form of issuing a solicitation?
Standard Form 1449, Solicitation/Contract/Order
for Commercial Items
What is a provision?
A written term or condition used
only in SOLICITATIONs and applies only before contract
award.
FAR Part 52.212-1 is:
Instructions to Offerors‐Commercial Items, by
reference
FAR Part 52.212-3 is:
Offeror Representations and Certifications‐
Commercial Items
Required FAR Clauses (Solicitations)
Clause at 52.212‐4, Contract Terms and
Conditions – Commercial Items, by Reference
• Clause at 52.212‐5, Contract Terms and
Conditions Required to Implement Statutes or
Executive Orders – Commercial Items
*What is a Clause?
A term or condition that is used in a
Solicitation and a contract
*There are only ___ provisions and ___ clauses that are mandatory for commercial item solicitation.
2, 2
______shall be evaluated for negotiated
competitive procurements exceeding the SAT
Past performance
What are the two best value evaluations?
– Trade‐off process, or;
– Lowest Price Technically Acceptable (LPTA) process
You are required to put 3 provisions and 3
clauses in solicitations for commercial items.
False
What is a solicitation?
A document sent to prospective
contractors by a Government agency, requesting
the submission of offers or information.
What are the 3 types of solicitations?
– Requests for Quotations (RFQs)
– Invitation for Bids (IFBs)
– Requests for Proposals (RFPs)
What should be done if mistakes are disclosed before award?
If the bidder alleges a
mistake, the matter shall be processed in accordance with this FAR
section 14.407.
what is the Approval level for mistakes at bids?
Approval levels under FAR 14.407 for Army are each PARC who shall exercise the authority in coordination with the activity’s
Chief Legal Officer