Q&A Deck 1

Question 1

What is the order of precedence among the 8(a) Program, HUBZone Program, Service-Disabled Veteran-Owned Small Business Procurement Program, and Women-Owned Small Business Program?

• 8(a) is preferred, followed by HUBZone, SDVOSB, and WOSB in that order
• HUBZone is preferred, followed by 8(a), SDVOSB, and WOSB in that order
• 8(a) is preferred, and all others are treated equally
• There is no order of precedence

Answer 1

Correct: There is no order of precedence

Question 2

What is the preferred method of transporting supplies for the Government?

• Government-leased vehicles
• Chartered vessels
• Commercial carriers
• Government-owned vehicles

Answer 2

Correct: Commercial carriers

Question 3

In preparing work statements, technical and contracting personnel shall consider and, as appropriate, provide in the solicitation all of the following EXCEPT:

• Information on factors such as personnel, environment, and interfaces that may constrain the results of the effort.
• A precise description of the work and methods.
• Reporting requirements and information on any additional items that the contractor is required to furnish as the work progresses.
• A statement of the area of exploration, tasks to be performed, and objectives of the research or development effort.

FAR Part 9

Answer 3

A precise description of the work and methods.

Question 4

Under the conditions outlined in FAR Part 27.302, when might a contractor without a place of business in the United States be required to assign title to an invention to the Government?

• If the invention is protected by a patent filed in the contractor’s home country.
• If the invention is solely funded by the contractor’s private resources.
• If the invention is disclosed to the government after the patent protection expires.
• If the invention is made under a Federal research and development contract, is not protected by a patent, and the contractor fails to disclose it to the government within the specified time frame.

FAR Part 27.302

Answer 4

• If the invention is made under a Federal research and development contract, is not protected by a patent, and the contractor fails to disclose it to the government within the specified time frame.

Question 5

Under what circumstances can a contractor request an extension of time for completion of a construction contract and what is the process for making such a request according to FAR part 11.5?

• A contractor can request an extension of time within 10 days of the beginning of a delay caused by a variation in estimated vs actual quantity of unit-priced items.
• A contractor can request an extension of time if the variation in estimated vs actual quantity of unit-priced items exceeds +/- 15%. The request must be made within 10 days of the beginning of the delay.
• A contractor can request an extension of time if the variation in estimated vs actual quantity of unit-priced items is less than +/- 15%. The request must be made within 10 days of the beginning of the delay.
• A contractor cannot request an extension of time for completion.

FAR 11.5

Answer 5

A contractor can request an extension of time if the variation in estimated vs actual quantity of unit-priced items exceeds +/- 15%. The request must be made within 10 days of the beginning of the delay.

Question 6

What law governs the collection, maintenance, use, and dissemination of personally identifiable information about individuals that is maintained in systems of records by federal agencies?

• Federal Records Act
• Freedom of Information Act
• Cybersecurity Act
• Privacy Act of 1974

Answer 6

Correct: Privacy Act of 1974

Question 7

Which FAR part specifies the definitions for words and terms that are to be used unless another FAR part provides a different definition for that part?

• Part 5
• Part 4
• Part 1
• Part 2

Answer 7

Correct: Part 2

Question 8

Which contract type places maximum risk and full responsibility for all costs and resulting profit or loss on the contractor?

• Time-and-materials
• Cost-reimbursement
• Firm-fixed-price
• Indefinite-delivery

Answer 8

Correct: Firm-fixed-price

Question 9

What is GSA Standard Form 30 (SF30)?

• Annual Bid Bond
• U.S. Government Purchase Order
• Solicitation Offer and Award
• Amendment of Solicitation/Modification of Contract

Answer 9

Correct: Amendment of Solicitation/Modification of Contract

Question 10

In which of the following cases may an agency consider an unsolicited proposal on a sole source basis?

• The proposal is for research, and justification and approval have been obtained
• The proposal closely resembles a pending competitive acquisition requirement
• The substance of the proposal is available from another source without restriction
• The proposal does not contain cost-related or price-related information

Answer 10

Correct: The proposal is for research, and justification and approval have been obtained

Question 11

Which of the following terms means a list of products that have been examined and tested, and have satisfied all applicable requirements?

• Evaluated products list
• Procurement list
• Qualified products list
• Federal Supply Schedule

Answer 11

Correct: Qualified products list

Question 12

If market research indicates that commercial or nondevelopmental items might not be available to satisfy agency needs, what shall the agency do?

• Solicit and award a contract for a developmental item
• Reevaluate the need and determine whether the need can be restated to permit commercial or nondevelopmental items to satisfy the agency’s need
• Order a similar item from a GSA schedule and modify it to fit the agency’s need
• Cancel the agency’s requirement

Answer 12

Correct: Reevaluate the need and determine whether the need can be restated to permit commercial or nondevelopmental items to satisfy the agency’s need

Question 13

Which of the following is an inherently governmental function?

• Transporting a prisoner to a Federal prison
• Conducting a community relations campaign
• Interviewing applicants for Federal employment
• Providing legal advice to Government officials

Answer 13

Correct: Interviewing applicants for Federal employment

Question 14

Which of the following is not a required element in a Broad Agency Announcement?

• A description of the agency’s research interest
• An estimate of the level of effort required
• The criteria by which proposals will be selected
• The period of time during which proposals will be accepted

Answer 14

Correct: An estimate of the level of effort required

Question 15

Which agency resolves questions on whether a technology qualifies for SAFETY Act protections?

• Department of Homeland Security
• Department of Defense
• General Services Administration
• Department of State

Answer 15

Correct: Department of Homeland Security

Question 16

In which of the following cases may a time-and-materials contract be used?

• The contracting officer determines that certified cost or pricing data is not required for price reasonableness.
• The contracting officer determines that the contract type if fair and reasonable.
• The contracting officer determines that the contract type is the best value.
• The contracting officer prepares a determination and findings that no other contract type is suitable.

Answer 16

Correct: The contracting officer prepares a determination and findings that no other contract type is suitable.

Question 17

Which of the following is not a reason to use a liquidated damages clause in a solicitation?

• A negative performance incentive for timely delivery or performance is needed
• The Government may reasonably expect to suffer damage if the delivery is delinquent
• Timely performance is so important that the Government will suffer damage if performance is delinquent
• The extent of the damage expected by the Government cannot be accurately estimated

Answer 17

Correct: A negative performance incentive for timely delivery or performance is needed

Question 18

What is buying-in?

• Providing a thing of value to a contractor for the purpose of improperly obtaining favorable treatment in connection with a contract
• Dividing the market, so that certain competitors bid low only for contracts awarded by certain agencies or in certain geographical areas
• Purchasing additional supplies or services called for in a contract, within a specified period of time, by exercising a right in the contract
• Submitting an offer below anticipated costs, expecting to increase the contract amount after award or to receive follow-on contracts at higher prices

Answer 18

Correct: Submitting an offer below anticipated costs, expecting to increase the contract amount after award or to receive follow-on contracts at higher prices

Question 19

For research and development work performed under a cost-plus-fixed-fee contract, what is the maximum fee that may be negotiated?

• 15 percent of the contract’s estimated cost, excluding fee
• 25 percent of the contract’s estimated cost, including fee
• 1000000
• Any amount that the Government determines is fair and reasonable

Answer 19

Correct: 15 percent of the contract’s estimated cost, excluding fee

Question 20

Which of the following contract types would be most appropriate for acquisition of a commercial item?

• Time-and-materials
• Firm-fixed-price
• Labor-hour
• Cost-sharing

Answer 20

Correct: Firm-fixed-price

Question 21

Except for copyrighted works, what rights does the Government acquire in data first produced in the performance of a federal procurement contract?

• Reserved rights
• Limited rights
• Unlimited rights
• None—the contractor retains all rights in the data

Answer 21

Correct: Unlimited rights

Question 22

Which of the following is true about the priority of DPAS-rated orders?

• DO-rated orders take preference over DX-rated orders, and both take preference over unrated orders
• DX-rated orders take preference over DO-rated orders, and unrated orders take preference over both
• DO-rated orders have equal preference with other DO-rated orders
• DX-rated orders have equal preference with unrated orders

Answer 22

Correct: DO-rated orders have equal preference with other DO-rated orders

Question 23

What is the purpose of first article testing and approval?

• To ensure that a prospective contractor is responsible
• To test and approve an item during research and development
• To ensure than an item can be placed on a qualified products list
• To ensure that a contractor can furnish a product that conforms to all contract requirements for acceptance

Answer 23

Correct: To ensure that a contractor can furnish a product that conforms to all contract requirements for acceptance

Question 24

What is the difference between a personal services contract and a nonpersonal services contract?

• Under a personal services contract, the personnel rendering the services appear to be subject to government supervision and control
• Under a nonpersonal services contract, the tools and equipment used are supplied by the government
• Under a personal services contract, any overtime accrued by the personnel rendering the services will not be compensated
• Personal services contracts are used for a small number of personnel, and nonpersonal services contracts are used for a large number of personnel

Answer 24

Correct: Under a personal services contract, the personnel rendering the services appear to be subject to government supervision and control

Question 25

What is a CPSR and what is its purpose? - Contractor Pricing System Review; to ensure that a contractor is correctly and accurately applying dollar thresholds in its pricing - Contractor Purchasing System Review; to evaluate the efficiency and effectiveness with which the contractor spends Government funds - Counterfeit Part Surveillance Report; to detect and avoid the use of parts which have been misrepresented or unlawfully reproduced - Contractor Program Status Register; to record the price, quality, delivery, and technical and financial capabilities of competing vendors

Answer 25

Correct: Contractor Purchasing System Review; to evaluate the efficiency and effectiveness with which the contractor spends Government funds

Question 26

Which of the following is a true statement about the role of the Acquisition Team? - The authority to make decisions shall generally be vested in the highest level within the FAR system - The Government usually does not provide training for Government participants on the Team - The procurement policies and procedures that are used by members of the Acquisition Team are outlined in the FAR - If a policy or procedure is not specifically addressed in the FAR, the Acquisition Team should assume that it is prohibited

Answer 26

Correct: The procurement policies and procedures that are used by members of the Acquisition Team are outlined in the FAR

Question 27

The process of establishing a reasonable amount to be paid for supplies or services is called what? - Cost analysis - Pricing - Solicitation - Source selection

Answer 27

Correct: Pricing

Question 28

Which of the following public relations or advertising costs would be unallowable? - Responding to inquiries on company policies - Participating in community service activities - Providing a tour or open house of a facility - Hosting a ceremony to announce a new product

Answer 28

Correct: Hosting a ceremony to announce a new product

Question 29

Who is generally responsible for granting approval of a contractor’s purchasing system? - The prime contractor - The procuring contracting officer - The fee-determining official - The administrative contracting officer

Answer 29

Correct: The administrative contracting officer

Question 30

In an acquisition plan, which of the following is a responsibility of the agency head (or the agency head’s designee)? - Encouraging offerors to supply developmental items whenever practicable - Promoting and providing for full and open competition - Ensuring that acquisition planners employ bundling to the maximum extent possible - Designating and authorizing a COR

Answer 30

Correct: Promoting and providing for full and open competition

Question 31

If the contracting officer receives only one acceptable offer at a reasonable price from a responsible small business concern in response to a set-aside, the contracting officer should ... - perform market research to avoid "bundling." - resolicit without the set-aside restriction for "full and open competition." - seek additional small business offers under the "rule of two." - make an award to that firm

Answer 31

Correct: make an award to that firm.

Question 32

Which of the following is the Government permitted to do after receipt of proposals? - Reveal the names of individuals providing reference information about an offeror’s past performance - Consider revisions to an offeror’s proposal after that proposal has been eliminated - Make an award without holding discussions, if the solicitation says this is intended - Make an award without documenting the source selection decision

Answer 32

Correct: Make an award without holding discussions, if the solicitation says this is intended

Question 33

Which of the following is true about acquisitions for which the World Trade Organization Government Procurement Agreement applies? - The contracting officer must not include technical requirements in solicitations solely to preclude the acquisition of eligible products - Least developed country end products, construction material, and services shall not be treated as eligible products - Only U.S.-made or designated country end products shall be acquired, unless offers for such end products are either not received or are insufficient to fulfill the requirements - The dollar value of the acquisition is not a determining factor in the applicability of trade agreements

Answer 33

Correct: The contracting officer must not include technical requirements in solicitations solely to preclude the acquisition of eligible products

Question 34

Which of the following is NOT an example of information technology? - A building's digital thermostat - A computer hard drive - Software development - A modem

Answer 34

Correct: A building's digital thermostat

Question 35

What is required when a change order is not forward priced? - A Limitation of Funds clause - An agreement that the contractor will stop work - Documentation of the change order and an agreement to an equitable adjustment in contract terms - Only that the change order be documented

Answer 35

Correct: Documentation of the change order and an agreement to an equitable adjustment in contract terms

Question 36

When evaluating a proposal, what rating method is an agency required to use to assess the evaluation factors specified in the solicitation? - Adjectival or color ratings - A numerical weighting system - A combination of numerical weights and ordinal rankings - The agency may use any method or combination of methods

Answer 36

Correct: The agency may use any method or combination of methods

Question 37

Which of the following is a technique used to promote the early exchange of information with industry? - Oral presentations - Contract evaluation - Market research - Source selection

Answer 37

Correct: Market research

Question 38

Which of the following does NOT justify the use of emergency acquisition flexibilities? - The acquisition is in support of a contingency operation - The acquisition is to facilitate the defense against a nuclear attack against the United States - The acquisition is to replace Government property that was involved in a crime - The President has issued a major disaster declaration

Answer 38

Correct: The acquisition is to replace Government property that was involved in a crime

Question 39

Which of the following would be necessary for sealed bidding to be appropriate? - Discussions with the responding offerors are required - There is a reasonable expectation of receiving only one bid - A very limited amount of time is available to evaluate bids - The award will be made on the basis of price and price-related factors

Answer 39

Correct: The award will be made on the basis of price and price-related factors

Question 40

Which is NOT true of state and local taxes on federal purchases and leases? - Generally, the federal government is immune. - Where exemptions exist, the contracting officer must take advantage of them. - Subcontractor purchases of commercial products under federal prime contracts are always immune to state and local taxes. - Contractors and subcontractors must consult with the agency when there are exemptions that may apply. FAR Part 29

Answer 40

Subcontractor purchases of commercial products under federal prime contracts are always immune to state and local taxes.

Question 41

Which of the following functions are normally delegated from the Contracting Officer to the Contract Administration Office (CAO)? - auditing the financial and accounting aspects of the contractor’s cost control systems - post-award administrative functions - adjudicating claims under the Disputes clause - deciding agency bid protests FAR Part 42

Answer 41

post-award administrative functions

Question 42

The obtaining of opinions, special knowledge, or skills from noted experts would be included in what kind of service? - Performance-based service - Advisory and assistance service - Continuing service - Expert assistance service

Answer 42

Correct: Advisory and assistance service

Question 43

Who is authorized to execute contract modifications on behalf of the Government? - Only a contracting officer acting within the scope of his or her authority - Only the COR - Only the head of the contracting agency - Any contracting officer

Answer 43

Correct: Only a contracting officer acting within the scope of his or her authority

Question 44

A cash fund of fixed amount established by an advance of funds, for disbursement in cash for relatively small amounts is called what? - Imprest fund - Petty cash - Voucher - Third-party draft

Answer 44

Correct: Imprest fund

Question 45

A mineral required for production in performance of a contract is not mined in the United States, but can be acquired from another country. How does the Buy American statute apply in this case? - The mineral must be acquired from a domestic supplier - The mineral is considered a foreign end product - Performance of the contract must be stopped until a domestic substitute becomes available - The mineral may be acquired from a foreign source if it is in the best interest of the Government

Answer 45

Correct: The mineral may be acquired from a foreign source if it is in the best interest of the Government

Question 46

A defense subcontractor provides a gift of vehicles to a prime contractor, and in return the prime contractor awards the subcontractor a valuable military subcontract. Which of the following is true? - The prime contractor and the subcontractor are subject to civil and criminal penalties - The prime contractor is subject to civil penalties, but not criminal penalties - The subcontractor, but not the prime contractor, is subject to civil or criminal penalties - The prime contractor and the subcontractor are not subject to civil penalties

Answer 46

Correct: The prime contractor and the subcontractor are subject to civil and criminal penalties

Question 47

The Government’s policy is to try to resolve all contractual issues in controversy by what? - Mutual agreement at the contracting officer’s level - Procedures other than alternative dispute resolution - Unilateral agreement by the contracting agency - Mutual agreement at the Executive level

Answer 47

Correct: Mutual agreement at the contracting officer’s level

Question 48

A failure in estimating, accumulating, or reporting costs to comply with applicable cost accounting standards is called what? - Deviation - Nonconformity - Noncompliance - Digression

Answer 48

Correct: Noncompliance

Question 49

Who is responsible for printing, publishing, and distributing the Federal Acquisition Regulation - The DAR Council and CAA Council, jointly - The FAR Secretariat, as authorized by GSA - A FAR Representative authorized by the Secretary of Defense - The Administrator of General Services

Answer 49

Correct: The FAR Secretariat, as authorized by GSA

Question 50

Which of the following is true during a disaster or emergency response? - Preference is given to local businesses. - The micro-purchase threshold may be applied to all related acquisitions. - When transitioning work to local businesses, agencies will automatically be required to cancel or renegotiate existing contracts to accommodate the emergency response. - Written justifications are not required.

Answer 50

Correct: Preference is given to local businesses.

Question 51

If hazardous materials are expected to be used during contract performance, what must the apparent successful offeror do prior to contract award? - Make all reasonable efforts to procure nonhazardous materials instead - Make a list of the hazardous materials to be used available to the public - Furnish hazardous material data on a Material Safety Data Sheet - Require bonding and insurance during performance of the contract

Answer 51

Correct: Furnish hazardous material data on a Material Safety Data Sheet

Question 52

If a prospective contractor is qualified and eligible to receive an award, but lacks adequate financial resources to perform the contract, can the contractor be determined responsible? - The contractor shall be determined responsible - The contractor shall be determined nonresponsible - If the contractor presents evidence of the ability to obtain adequate financial resources, the contractor may be determined responsible - If the contractor is a small business, the contractor shall be determined responsible

Answer 52

Correct: If the contractor presents evidence of the ability to obtain adequate financial resources, the contractor may be determined responsible

Question 53

For a contract exceeding the simplified acquisition threshold, an offeror (other than an individual) that does not agree to provide a drug-free workplace is what? - Subject to suspension or debarment - Eligible only for contracts of 30 days duration or less - Not considered a responsible source - Required to inform the Government of drug abuse violations that have occurred

Answer 53

Correct: Not considered a responsible source

Question 54

Which of the following is true about size standards? - The size standards established by the SBA are universal for all industries - NAICS codes are updated by OMB every year - Application of size standards includes specifying the size standard in the solicitation - A new NAICS code can be used for up to 12 months before SBA issues a size standard for it

Answer 54

Correct: Application of size standards includes specifying the size standard in the solicitation

Question 55

An indefinite-quantity contract is best used when: - a recurring need is anticipated. - engineering and design services are needed. - for research and development efforts. - for development and production.

Answer 55

Correct: a recurring need is anticipated.

Question 56

What law specifies how agencies shall make their records available upon public request, imposes strict time standards for agency responses, and exempts certain records from public disclosure? - Privacy Act of 1974 - Federal Records Act - Freedom of Information Act - Paperwork Reduction Act

Answer 56

Correct: Freedom of Information Act

Question 57

Which of the following types of taxes are allowable contractor costs? - Federal, State, and local taxes. - Taxes from which exemptions are available to the contractor directly. - Taxes in connection with financing and refinancing. - Federal income and excess profits taxes.

Answer 57

Correct: Federal, State, and local taxes.

Question 58

What can a contractor access online at www.sam.gov? - DataBank - Contract Opportunities - Entity Information - All of the above FAR Part 4

Answer 58

- All of the above

Question 59

The unilateral right in a contract by which the Government may elect to purchase additional supplies or services called for by the contract is called what? - Extension - Continued portion - Modification - Option

Answer 59

Correct: Option

Question 60

According to FAR Part 11.502 Procedures, what must be included in construction contracts with liquidated damages provisions? - The liquidated damages clause should specify the specific milestones for the assessment of liquidated damages. - The liquidated damages clause should outline the consequences of non-payment of liquidated damages. - The liquidated damages clause will include a provision for extending the contract completion date. - The liquidated damages clause must describe the rate(s) of liquidated damages assessed per day of delay, including the estimated daily cost of Government inspection, superintendence, and other associated expenses. FAR Part 11.502

Answer 60

The liquidated damages clause must describe the rate(s) of liquidated damages assessed per day of delay, including the estimated daily cost of Government inspection, superintendence, and other associated expenses.

Question 61

Which of the following is not a method for simplified acquisition? - Blanket purchase agreement - Governmentwide commercial purchase card - Advance agreement - Purchase order

Answer 61

Correct: Advance agreement

Question 62

Each acquisition of supplies or services that has an anticipated dollar value above the ______________, but not over the ___________, shall be set aside for small business unless the contracting officer determines there is not a reasonable expectation of obtaining offers from two or more responsible small business concerns that are competitive in terms of fair market prices, quality, and delivery. - advance payment threshold; simplified acquisition threshold - micro-purchase threshold; simplified acquisition threshold - simplified acquisition threshold; truthful cost or pricing threshold - small business threshold; large business threshold

Answer 62

Correct: micro-purchase threshold; simplified acquisition threshold

Question 63

In holding discussions with each offeror within the competitive range, which of these improvement areas is the contracting officer NOT required to discuss? - Every area in which the proposal could be improved. - Adverse past performance information to which the offeror has not yet had a chance to respond. - Significant weaknesses. - Deficiencies 15.306

Answer 63

- Every area in which the proposal could be improved.

Question 64

Simplified acquisition methods include the following except: - Purchase orders - Blanket purchase agreements - Government-wide commercial purchase cards - Advance agreements FAR 13

Answer 64

Advance agreements

Question 65

Which of the following are the two types of contract modifications? - Supplemental and Bilateral - Bilateral and Unilateral - Substantive and Bilateral - Unilateral and Substantive FAR 43

Answer 65

Bilateral and Unilateral

Question 66

Which of the following is NOT an example of permissible contract financing? - Progress Payments. - Loan Guarantees. - Advance Payments. - Direct Loans. FAR 32

Answer 66

- Direct Loans.

Question 67

What is a form of security assuring that the bidder- (1) Will not withdraw a bid within the period specified for acceptance; and (2) Will execute a written contract and furnish required bonds, including any necessary coinsurance or reinsurance agreements, within the time specified in the bid, unless a longer time allowed, after receipt of the specified forms? - Penal sum - Irrevocable letter of credit - Bid guarantee - Performance bond FAR 28.101

Answer 67

Performance bond

Question 68

Cost or pricing data means... - all facts that, as of the date of price agreement, or, if applicable, an earlier date agreed upon between the parties that is as close as practicable to the date of agreement on price, prudent buyers and sellers would reasonably expect to affect price negotiations significantly. - all judgmental information that prudent buyers and sellers would expect about the expected costs of the contract. - all facts that affect the cost experience of the seller as of the date of completion. - any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective. FAR 15.403

Answer 68

- all facts that, as of the date of price agreement, or, if applicable, an earlier date agreed upon between the parties that is as close as practicable to the date of agreement on price, prudent buyers and sellers would reasonably expect to affect price negotiations significantly.

Question 69

Which of the following contract types places the most cost risk on the Buyer: - Firm Fixed Price - Time and Materials - Requirements Contract - Cost Plus Fixed Fee FAR 16.306

Answer 69

Cost Plus Fixed Fee

Question 70

What law specifies that no laborer or mechanic doing any part of the work contemplated by the contract shall be required or permitted to work more than 40 hours in any work week unless paid for all additional hours at not less than 1 ½ times the basic rate? - Davis-Bacon Act. - Federal Workweek Act. - Copeland Act. - Contract Work Hours and Safety Standards Act. FAR 22.3

Answer 70

- Contract Work Hours and Safety Standards Act.

Question 71

The Contracting Officer shall presume that all data delivered under a contract for commercial products - were developed exclusively at private expense. - are non-technical in nature. - are delivered with unlimited rights to the Government. - will have to be paid for separately. FAR 27.404-2

Answer 71

were developed exclusively at private expense.

Question 72

ABC Construction Company has been awarded a federal government contract to build a new community center. The project involves various subcontractors and suppliers who will contribute to different aspects of the construction. To comply with FAR Part 28.103-3, ABC Construction Company is required to obtain a payment bond. How does the payment bond in accordance with FAR Part 28.103-3 benefit the subcontractors and suppliers in the scenario? - It guarantees that the government will cover any cost overruns in the project. - It assures payments as required by law to all persons supplying labor or material in the prosecution of the work provided for in the contract. - It secures performance and fulfillment of the contractor’s obligations under the contract. - It allows subcontractors and suppliers to take over the project if the prime contractor faces delays. FAR Part 28.103-3

Answer 72

- It assures payments as required by law to all persons supplying labor or material in the prosecution of the work provided for in the contract.

Question 73

A special form of written approval by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is called - Contract modification - Determination and Findings - Signature authority - Unilateral contract approval FAR 1.7

Answer 73

Determination and Findings

Question 74

In terms of being a responsible government contractor, any prime contractor that provides Government property to a subcontractor... - is relieved of responsibility upon acceptance of the property by the subcontractor. - remains responsible only for Government property valued at more than $100,000. - is responsible only for loss due to gross negligence. - is still responsible for the property in accordance with the terms of the prime contract. FAR 45

Answer 74

- is still responsible for the property in accordance with the terms of the prime contract.

Question 75

Except for the acquisition of commercial items, agencies shall allow at least __ days response time for receipt of bids or proposals from the date of issuance of a solicitation, if the contract action is expected to exceed the simplified acquisition threshold. - 10 days - 15 days - 20 days - 30 days FAR 12.205

Answer 75

- 30 days

Question 76

Contractors’ arrangements to pay contingent fees for soliciting or obtaining Government contracts have long been considered contrary to public policy because: - It violates the the Truthful Cost and Pricing statute. - It indicates a contractor is attempting bribery to obtain the contract. - Such arrangements may lead to attempted or actual exercise of improper influence. - The costs of contingent fees cannot be passed back to the Government. FAR 3.4

Answer 76

- Such arrangements may lead to attempted or actual exercise of improper influence.

Question 77

Government contracts personnel may use liquidated damages clauses only when - it is the first Government contract received by a contractor. - time for delivery is not essential. - the order is for a Department of Defense Agency. - time for delivery or performance is critical. FAR 11.5

Answer 77

- time for delivery or performance is critical.

Question 78

These are limited exchanges between the Government and offerors, that may occur when award without discussions is contemplated: - Communications - Interchanges - Negotiations - Clarifications FAR 15.306

Answer 78

- Clarifications

Question 79

Submitting an offer below anticipated costs and expecting to increase the contract amount after award, is called: - A kickback - Contingent fees - A micro-purchase - Buying-in FAR 3.50

Answer 79

- Buying-in

Question 80

What term is described by the following: The process by which efforts of all personnel responsible for an acquisition are coordinated and integrated through a comprehensive plan for fulfilling the agency need in a timely manner at a reasonable cost. It includes developing the overall strategy for managing the acquisition. - Acquisition Planning - Describing Agency Needs - Researching the Market - Team Coordinating FAR 7

Answer 80

- Acquisition Planning

Question 81

What should the Contracting Officer describe in a performance work statement for a performance-based acquisition? - The number of hours to be provided. - How the work is to be accomplished. - The design specification to be followed when performing the service. - The work in terms of the required results. FAR 37.602

Answer 81

- The work in terms of the required results.

Question 82

Which of the following is not prohibited under the Prohibition on Contracting for Certain Telecommunications and Video Surveillance? - A contractor using a covered telecommunications system as long as it is not used in the performance of a federal contract. - Extending an existing contract that contains covered telecommunication equipment. - Entering into a contract that is 30 days or fewer to use a system that uses covered telecommunications equipment. - Providing a service that connects to the facilities of a third-party, such as backhaul, roaming, or interconnection arrangements. FAR 4.2

Answer 82

- Providing a service that connects to the facilities of a third-party, such as backhaul, roaming, or interconnection arrangements.

Question 83

olicitations for commercial items shall require offerors to offer the Government - the same warranty terms offered to the general public. - an extended warranty. - warranties that exceed those offered to the general public. - warranties tailored to the Government's specific needs. FAR 12.404

Answer 83

- the same warranty terms offered to the general public.

Question 84

What does the Contract Dispute Act, as outlined in FAR Part 33, cover? - Personal disputes between employees of the contracting parties. - Disagreements regarding contract prices in commercial contracts. - Resolution of claims and disputes arising under government contracts. - Legal actions related to intellectual property rights of contractors. FAR Part 33

Answer 84

- Resolution of claims and disputes arising under government contracts.

Question 85

Who is generally responsible for determining a subcontractor's responsibility? - The Administrative Contracting Officer. - The prime contractor. - The Preaward Survey Official. - The Procuring Contracting Officer. FAR 9.104-4

Answer 85

- The prime contractor.

Question 86

Which of the following is NOT a reason to contract for Advisory and Assistance services? - Obtain outside points of view to avoid too limited judgment on critical issues. - Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials - Support and improve the operation of organizations. - Ensure the more efficient or effective operation of managerial or hardware systems. FAR 37.2

Answer 86

- Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials

Question 87

_______________ contracts are characterized by the employer-employee relationship it creates between the Government and the contractor’s personnel. - Personal services - Non-personal services - Performance Based Services - Advisory and Assistance Services FAR 37.104

Answer 87

Personal services

Question 88

The government's preferred remedy when terminating a contract for a commercial item for cause will be - to acquire similar items from another contractor and to charge the defaulted contractor with any excess reprocurement costs. - to acquire similar items from another contractor and to ask the new contractor to absorb any excess reprocurement costs. - to cancel the requirement. - to acquire similar items from a subcontractor and to charge the defaulted contractor with any excess reprocurement costs. FAR 12.403

Answer 88

- to acquire similar items from another contractor and to charge the defaulted contractor with any excess reprocurement costs.

Question 89

Performance-based contracts - can only be used in conjunction with Government specifications. - specify procedures for methods of work and type of materials to be used. - use measurable performance standards and quality assurance surveillance plans. - describe the requirements in terms of costs incurred rather than the methods of performance of the work. FAR 16.402-2

Answer 89

use measurable performance standards and quality assurance surveillance plans.

Question 90

hen the time of delivery or timely performance is so important that the Government may reasonably expect to suffer damage if the delivery or performance is delinquent; and the extent or amount of such damage would be difficult or impossible to estimate accurately or prove, then what type of assessment may occur? - Profit readjustments - Incentive penalties - Delivery recoupments - Liquidated damages FAR 11.5

Answer 90

- Liquidated damages

Question 91

Which of the following is allowed as it relates to forms? - Altering a standard form - Using a form other than a standard form to achieve the same purpose - Computer generating most forms without approval. - Using outdated forms. FAR 53

Answer 91

Computer generating most forms without approval.

Question 92

Which of the following contract modifications needs to be signed by both the contractor and the contracting officer? - A termination notice - An agreement definitizing a letter contract - A change authorized by the Options clause - An administrative change

Answer 92

Correct: An agreement definitizing a letter contract

Question 93

Which of the following shall not be made available to a member of the public under the Freedom of Information Act? - A statement made by a contracting officer to a mediator to resolve a dispute - A complaint received by the FCC about an inappropriate television broadcast - An FBI report profiling the suspect in an unsolved crime - An agreement giving a photographer access to photograph military assets FAR 24

Answer 93

- An agreement giving a photographer access to photograph military assets

Question 94

In the following reference, the “2” in “203” refers to the _____: FAR 52.203-7 Anti-Kickback Procedures - Part - Subpart - Section - Subsection

Answer 94

Correct: Subpart

Question 95

Which of the following is a true statement about suspension and debarment? - Debarment excludes a contractor from government contracting for a specified period, and suspension temporarily disqualifies a contractor from government contracting. - Debarment permanently excludes a contractor from government contracting, and suspension temporarily excludes a contractor from government contracting. - Debarment and suspension are both punitive measures taken by the Government against a contractor. - Debarment is a temporary exclusion from government contracting lasting more than three years, and suspension is a temporary exclusion from government contracting lasting less than three years.

Answer 95

Correct: Debarment excludes a contractor from government contracting for a specified period, and suspension temporarily disqualifies a contractor from government contracting.

Question 96

If the information collected is still current, accurate, and relevant, a contracting officer may use market research conducted up to how long before the award of a task or delivery order? - 24 months - 6 months - One year - 18 months

Answer 96

18 months

Question 97

A contractor's arrangement to pay contingent fees for soliciting or obtaining Government contracts is considered contrary to public policy. Which of the following statements explains why? - Such an arrangement violates the Truthful Cost or Pricing Data statute - It indicates a contractor is attempting to use bribery to obtain the contract - Such arrangements may lead to attempted or actual exercise of improper influence - The costs of contingent fees cannot be passed back to the Government

Answer 97

Correct: Such arrangements may lead to attempted or actual exercise of improper influence

Question 98

Which of the following contract types provides a base fee plus an additional amount which is based on a judgmental evaluation by the Government of the quality of contract performance? - Cost-plus-incentive fee - Cost-plus-award fee - Cost-plus-fixed fee - Cost-plus-evaluation fee

Answer 98

Correct: Cost-plus-award fee

Question 99

Which of the following is true about the use of government sources by contractors? - The government often authorizes it under fixed price contracts. - It cannot flow down to subcontractors. - Contractors can only order items required in the performance of their contracts. - Property acquired by the contractor under the contracting officer’s authorization shall automatically vest in the contractor.

Answer 99

Correct: Contractors can only order items required in the performance of their contracts.

Question 100

Except as authorized by law, what is the maximum term of contracts for severable services that are funded by annual appropriations? - 100 days - Five years - Until the end of the fiscal year of the appropriation - There is no maximum specified by the FAR

Answer 100

Correct: Until the end of the fiscal year of the appropriation

Question 101

Which official is responsible for reviewing an agency's contracting operations and identifying and reporting opportunities and actions taken to acquire commercial items to meet its needs? - The agency advocate for competition - The senior procurement executive - The Chief Acquisition Officer - The acquisition review specialist

Answer 101

- The agency advocate for competition

Question 102

A contractor receives a refund relating to an allowable cost. What shall the contractor do with the applicable portion of the refund? - The contractor must credit it to the Government as a cost reduction - The contractor must refund it to the Government in cash - The contractor may credit it to the Government either as a cost reduction or a cash refund - The contractor may apply it to another allowable cost

Answer 102

Correct: The contractor may credit it to the Government either as a cost reduction or a cash refund

Question 103

Except with the approval of the head of the agency, in which of the following cases shall a contract for construction of a project not be awarded? - The offeror has not inspected the work site - The offeror is the firm that designed the project - The offeror has incurred substantial expense in preparing its offer - The offeror is an individual and not a partnership or corporation

Answer 103

Correct: The offeror is the firm that designed the project

Question 104

contractor transfers its right to be paid by the Government for contract performance to a trust company. What is this called? - Novation - Refinancing agreement - Assignment of a claim - Charging off

Answer 104

Correct: Assignment of a claim

Question 105

Drawings submitted by a contractor to show the construction of a particular structure as actually completed under the contract are called what? - Plans - Specifications - Design drawings - Record drawings

Answer 105

Correct: Record drawings

Question 106

Which is not one of the two types of Value-Engineering approaches? - Incentive approach - Teaming approach - Mandatory program - None of the above FAR Part 48

Answer 106

Teaming approach

Question 107

Which of the following is true about postaward notifications to offerors whose proposals were not selected for award? - The notice must be provided within three days of contract award, and shall not contain the number of proposals received - The notice must be provided within 10 days of contract award, and shall contain the number of offerors solicited - The notice shall inform the offeror that further proposal revisions will be accepted - The notice must be provided within three days of contract award, and shall not contain the cost breakdown of any other offeror

Answer 107

Correct: The notice must be provided within three days of contract award, and shall not contain the cost breakdown of any other offeror

Question 108

When requesting information from potential sources in market research, which of the following should agencies do? - Request the minimum amount of information necessary - Request as much information as possible - Request a priced offer for determination of competitiveness - Request a statement that the source is capable of performing the requested work

Answer 108

Correct: Request the minimum amount of information necessary

Question 109

Which of the following is not a function of the General Services Administration? - Provides digital pricing tools to help federal contracting officers and others find awarded prices to use in negotiations - Management of U.S. Federal property - Allows federal agencies to acquire a wide range of commercial products, services, and software solutions from pre-approved vendors using a Multiple Award Schedule - Procurement Innovation Resource Center which provides guidance and tools to assist the GSA acquisition team with incorporating innovation into procurements - Administers foreign aid programs and humanitarian assistance to federal agencies. FAR Part 41.203

Answer 109

????? Management of U.S. Federal property

Question 110

To the maximum extent practicable, FAR Part 37 requires the use of what for acquisitions of services? - Negotiated extensions to existing contracts - Multiyear contracts - Cost-reimbursement contracts - Performance-based acquisition

Answer 110

Correct: Performance-based acquisition

Question 111

Which statute applies to a contract for the dismantling, demolition, or removal of improvements under FAR Part 37.301, unless further construction work is intended at that location? - The Service Contract Labor Standards statute. - The Davis-Bacon Act. - The Walsh-Healey Public Contracts Act. - The Fair Labor Standards Act. FAR Part 37.301

Answer 111

The Service Contract Labor Standards statute.

Question 112

When a make-or-buy program is required of a contractor, how should major items be categorized? - “Can-make,” “can-buy,” or “can make or buy” - “Shall make” or “shall buy” - “Must make,” “must buy,” or “can either make or buy” - “Raw material,” “commercial item,” or “off-the-shelf item”

Answer 112

Correct: “Must make,” “must buy,” or “can either make or buy”

Question 113

A legal instrument in which a contractor guarantees performance of the contract, the obligations under the contract are assumed by a successor in interest, and the government recognizes the transfer of the contract and related assets is called what? - Assignment - Change-of-name agreement - Transfer agreement - Novation agreement

Answer 113

Correct: Novation agreement

Question 114

When should the contracting officer charge interest on the balance of an advance payment? - When the contract is for research and development - For all contracts, except when interest is excluded by statute or agency procedures - Only under cost-reimbursement contracts with state or local governments - Always

Answer 114

Correct: For all contracts, except when interest is excluded by statute or agency procedures

Question 115

Any Federal agency having a requirement for utility services within an area covered by an General Services Administration areawide contract shall acquire services under that areawide contract unless - the agency had previously had its utilities disconnected due to nonpayment. - the utilities are available in direct current. - the agency approves an inter-agency agreement. - service is available from more than one supplier. FAR Part 41.102

Answer 115

?????? - service is available from more than one supplier.

Question 116

A contract that is awarded using other than sealed bidding procedures is what? - A sole source contract - A negotiated contract - Always the best value for the Government - Not described in the FAR

Answer 116

Correct: A negotiated contract

Question 117

Which of the following scenarios requires posting an RFQ on e-Buy? - When the order consists of brand name specifications. - When using sole source procurement methods only. - When utilizing blanket purchase agreements (BPAs). - When the order is not being placed against a GSA schedule. FAR Part 8.404-6

Answer 117

????? When the order is not being placed against a GSA schedule.

Question 118

What is the minimum amount of information that a request for proposals for competitive acquisitions shall contain? - The government’s requirement and the information required to be in the offeror’s proposal - The government’s requirement, the anticipated terms and conditions that will apply to the contract, the information required to be in the offeror’s proposal, and factors that will be used to evaluate the proposal - The anticipated size of the proposal, the government’s requirement, the urgency of the requirement, the information required to be in the offeror’s proposal, and the factors that will be used to evaluate the proposal - The type of contract contemplated, the government’s requirement, the information required to be in the offeror’s proposal, and the proposal due date and time

Answer 118

Correct: The government’s requirement, the anticipated terms and conditions that will apply to the contract, the information required to be in the offeror’s proposal, and factors that will be used to evaluate the proposal

Question 119

In general, which of the following methods of contract financing is least preferred by the Government? - Advance payment - Customary progress payment - Private loan - Unusual progress payment

Answer 119

Correct: Advance payment

Question 120

If the contractor does not have an approved purchasing system, and the agency awards a covered contract type, then consent to subcontract is required for... - subcontracts for advisory and assistance services. - subcontracts that exceed the micro-purchase threshold. - cost-reimbursement, time-and-materials, labor-hour subcontracts or letter contracts and unpriced actions. - all subcontracts. FAR Part 44

Answer 120

cost-reimbursement, time-and-materials, labor-hour subcontracts or letter contracts and unpriced actions.

Question 121

Which of the following acquisitions may not use the acquisition procedures of FAR Part 12? - A purchase made directly from another Federal agency - Acquisition of a commercial-off-the-shelf item - Performance-based acquisition - Acquisition based on the results of market research

Answer 121

Correct: A purchase made directly from another Federal agency

Question 122

What is the term for the amount of money specified in a bond as the maximum payment for which the surety is obligated? - Bonded amount - Guaranteed amount - Performance amount - Penal amount

Answer 122

Correct: Penal amount

Question 123

For agencies delegated authority to establish new Federal Supply Schedules, what must the contracting officer do prior to establishing such a contract? - Obtain approval from the Office of Management and Budget - Obtain advisory or assistance services - Obtain approval from the GSA Federal Supply Service - Obtain permission from the Administrator of General Services

Answer 123

Correct: Obtain approval from the GSA Federal Supply Service

Question 124

Standard Form 44 is also known as what? - Purchase Order—Invoice—Voucher - Solicitation/Contract/Order for Commercial Items - Continuation Sheet - Lease for Real Property

Answer 124

Correct: Purchase Order—Invoice—Voucher

Question 125

Which of the following contract types is generally used to acquire construction? - Firm-fixed-price - Fixed-price incentive - Cost-reimbursement - Cost-plus-fixed-fee

Answer 125

Correct: Firm-fixed-price

Question 126

Under FAR Part 5, contract actions must be synopsized in the GPE if they exceed what amount? - 15000 - 25000 - 100000 - The simplified acquisition threshold

Answer 126

Correct: 25000

Question 127

In which FAR Part is the Uniform Contract Format outlined? - Part 2 - Part 44 - Part 15 - Part 16

Answer 127

Correct: Part 15

Question 128

The threshold for obtaining certified cost or pricing data is ____________ for prime contracts awarded before July 1, 2018, and ___________ for prime contracts awarded on or after July 1, 2018. - $2 million; $7.5 million - $3,500; $150,000 - $10,000; $250,000 - $750,000; $2 million

Answer 128

Correct: $750,000; $2 million

Question 129

Which of the following is not part of an Integrated Baseline Review (IBR)? - The ability of the project's technical plan to achieve the objectives of the scope of work. - The degree to which the management process provides effective and integrated technical/schedule/cost planning and baseline control. - The degree to which the competitive process assessed the full marketplace potential for the program. - The availability of personnel and facilities to execute the program successfully.

Answer 129

Correct: The degree to which the competitive process assessed the full marketplace potential for the program.

Question 130

A contractor infringes on a copyright with the authorization of the Government. What remedy is available to the copyright holder? - A suit for monetary damages against the Government in the Court of Federal Claims - An injunction against the Government, prohibiting use of the copyrighted material - A suit for monetary damages against the contractor in a Federal court - No relief is available to the copyright holder

Answer 130

Correct: A suit for monetary damages against the Government in the Court of Federal Claims

Question 131

In the FAR citation "FAR 25.1102(a)(2)," what is referred to by the number 11? - Section 11 - Subsection 25.11 - Subpart 25.11 - Paragraph 11

Answer 131

Correct: Subpart 25.11

Question 132

Which of the following is necessarily true about a cost that is assignable or chargeable to one or most cost objectives on the basis of relative benefits received or other equitable relationship? - The cost is reasonable - The cost is allocable - The cost is unallowable - The cost is directly associated

Answer 132

Correct: The cost is allocable

Question 133

Which of the following contract types allows for disallowing costs during the course of performance, after the costs have been incurred? - Firm-fixed-price contract - Indefinite-delivery contract - Labor-hour contract - Letter contract without a provision for cost reimbursement

Answer 133

Correct: Labor-hour contract

Question 134

When it is in the best interest of the Government to consider award to other than the highest technically rated offeror, which of the following should the Government use to select the source? - Lowest price technically available - A tradeoff process - Certified cost or pricing data - Best value

Answer 134

Correct: A tradeoff process

Question 135

Which FAR part prescribes policies and procedures for contracting for supplies and services under the Federal Supply Schedule program? - Part 38 - Part 6 - Part 42 - Part 19

Answer 135

Correct: Part 38

Question 136

Who is authorized to sign a contract on behalf of the United States? - Only the contracting officer - The contracting officer, or a representative appointed by the contracting officer - Any representative of the procuring agency - Only the senior procurement executive of the procuring agency

Answer 136

Correct: Only the contracting officer

Question 137

Which FAR Part prescribes policies and procedures unique to the acquisition of commercial items? - Part 15 - Part 23 - Part 5 - Part 12

Answer 137

Correct: Part 12

Question 138

Except as specifically permitted by executive agencies, the fast payment procedure may not be used for individual purchasing instruments exceeding what amount? $15,000 $75,000 $35,000 $10,000

Answer 138

Correct: $35,000

Question 139

What is a Certificate of Competency? - A certificate issued by the SBA stating that the holder is responsible, for the purpose of receiving and performing a specific Government contract - A certificate issued by the SBA stating that the holder is eligible to receive any Government contract as long as the certificate is valid - A certificate issued by a contracting officer, documenting that an apparently successful small business offeror is qualified for contract award - A certificate issued by GSA stating that the holder meets all required qualifications to receive and perform GSA Schedule Contracts

Answer 139

Correct: A certificate issued by the SBA stating that the holder is responsible, for the purpose of receiving and performing a specific Government contract

Question 140

How is the publication of a paid advertisement in a newspaper authorized? - By the contracting officer, by contacting the newspaper or an advertising agency - By the head of the agency, by giving written authorization - By anyone designated by the head of the agency, and written authorization is not required - By the Government Accountability Office

Answer 140

Correct: By the head of the agency, by giving written authorization

Question 141

Agencies shall use simplified acquisition procedures to the maximum extent practicable... - for all purchases of supplies or services exceeding the simplified acquisition threshold. - for all purchases of supplies or services not exceeding the simplified acquisition threshold, including purchases at or below the micro-purchase threshold. - for all purchases of supplies or services not exceeding the micro-purchase threshold. - for all purchases of supplies or services between the micro-purchase threshold and the simplified acquisition threshold.

Answer 141

Correct: for all purchases of supplies or services not exceeding the simplified acquisition threshold, including purchases at or below the micro-purchase threshold.

Question 142

What statute prohibits federal employees from creating or authorizing an obligation in excess of funds available or in advance of appropriations? Anti-Deficiency Act Clinger-Cohen Act Advance Payment Act National Defense Authorization Act FAR 32.702

Answer 142

Anti-Deficiency Act

Question 143

When Conducting Market Research, Agencies should request potential sources to submit: - the maximum information necessary. - a priced offer for competitiveness determination. - generally only the minimum amount of information necessary. - a general statement that they are capable of performing the requested work. FAR 10

Answer 143

generally only the minimum amount of information necessary.

Question 144

The statutory limit of profit on Cost Plus Fixed Fee (CPFF) contracts, except Research & Development efforts is: 10 percent 15 percent 6 percent 12 percent FAR 15.404-4

Answer 144

10 percent

Question 145

What is the minimum quantity that must be ordered under an Indefinite Delivery Indefinite Quantity (IDIQ) Contract? - The minimum quantity must be more than a nominal quantity, but it should not exceed the amount that the Government is fairly certain to order. - At least $500. - No more than $100,000. - There is no minimum since an IDIQ contract is not really a contract at all. FAR 16.504

Answer 145

The minimum quantity must be more than a nominal quantity, but it should not exceed the amount that the Government is fairly certain to order.

Question 146

When providing financing to a contractor, which of the following is the LEAST preferred method: - Customary progress payments - Advance payments - Private loans - Unusual progress payments FAR 32

Answer 146

Advance payments

Question 147

When a mistake in a contractor's bid is not discovered until after award, the mistake may be corrected by contract modification if... - the bid was transmitted through an electronic commerce method authorized by the invitation for bids. - correcting the mistake would be favorable to the Government without changing the essential requirements of the specifications. - there is acceptable evidence to establish that it was received at the Government installation designated for receipt of bids. - the bid was received at the Government office designated in the invitation for bids after the exact time specified. FAR 14.407-4

Answer 147

correcting the mistake would be favorable to the Government without changing the essential requirements of the specifications.

Question 148

Under FAR 11.6, the Defense Priorities and Allocations System (DPAS) is managed by the: Department of Defense Department of Energy Department of Commerce Department of Priority Allocation FAR 11.6

Answer 148

????? Department of Commerce

Question 149

During source selection it is an acceptable practice to: - favor one offeror over another. - reveal an offeror's price without that offeror's permission. - inform an offeror that its price is considered too high. - reveal the names of individuals providing reference information about an offeror. FAR 15.306

Answer 149

????? - inform an offeror that its price is considered too high.

Question 150

A system whereby the contracting officer receives authorization from a fiscal and accounting officer to obligate funds on purchase documents against a specified lump sum of funds reserved for the purpose for a specified period of time rather than obtaining individual obligation authority on each purchase document is - a charge account. - long lead funding. - bulk funding. - a blanket purchase agreement (BPA). FAR 13.101

Answer 150

bulk funding.

Question 151

The contracting officer shall review the contractor's request for overtime. CO approval of overtime premiums is required for which of the following contract types(s): - Cost Reimbursable Contracts - Fixed Price Contracts - Time and Material and Labor Hour Contracts - Incentive and Award Fee Contracts FAR 16.6

Answer 151

Time and Material and Labor Hour Contracts

Question 152

The process of independently reviewing and evaluating specific elements of each offeror's proposed cost estimate to determine whether the estimated proposed cost elements are realistic for the work to be performed is done when performing: Cost Analysis Cost Realism Analysis Price Analysis Price Realism Analysis FAR 15.404-1

Answer 152

?????Cost Analysis

Question 153

In what FAR Part will you find rules and policy on foreign acquisitions? Part 25 Part 23 Part 5 Part 29

Answer 153

Part 25

Question 154

The contracting officer may accept proposal revisions during - discussions. - fact finding. - clarifications. - communications to establish the competitive range. FAR 15.307

Answer 154

- communications to establish the competitive range.

Question 155

With respect to the evaluation of quotations or offers, solicitations for simplified acquisitions are: - Required to state the relative importance of each evaluation factor and subfactor. - Required to list significant subfactors. -Not required to state the relative importance of each evaluation factor and subfactor. -Not required to have evaluation factors. FAR Part 13

Answer 155

?????- Required to list significant subfactors.

Question 156

Which of the following contract types is prohibited by the Federal Acquisition Regulation for federal agencies and prime contractors? - cost-plus-a-percentage-of-cost - firm-fixed-price -fixed-price incentive (successive targets) -fixed-ceiling-price contract with retroactive price redetermination FAR 16.102

Answer 156

cost-plus-a-percentage-of-cost

Question 157

Which of the following is NOT required to be revealed during a post award debriefing? - Evaluated technical score of the successful offeror. - Evaluated price of all offerors. - Evaluation of the unsuccessful offeror's proposal. - Ranking of all offerors. - All of the above FAR 15.506

Answer 157

????? Evaluation of the unsuccessful offeror's proposal.

Question 158

Options for increased quantities of supplies/services may NOT be expressed in terms of - percentage of specific line items. - increase in specific line items. - additional numbered line items. - a range of quantities for various line items. FAR 17.2

Answer 158

????? - a range of quantities for various line items.

Question 159

Which response best describes a letter contract? - Normally a detailed, extensively written contractual instrument that authorizes a contractor to begin performance immediately. - Normally a brief, written preliminary contractual instrument that authorizes a contractor to begin performance once pricing data is submitted. - Normally a brief, written preliminary contractual instrument that authorizes a contractor to begin performance immediately. - Normally a detailed, extensively written firm fixed priced contractual instrument that authorizes a contractor to begin performance immediately. FAR 16.603

Answer 159

Normally a brief, written preliminary contractual instrument that authorizes a contractor to begin performance immediately.