CON 1400V FINAL COMPREHENSIVE
EXAM QUESTIONS AND SOLUTIONS
◉ The first task in the contract administration process is to:
Review the contract file to identify critical contract requirements
and clauses
Debrief all offerors not selected for award
Develop a contract administration plan
Request that the contractor sign a release of claims
Answer: Review the contract file to identify critical contract
requirements and clauses
◉ Generally, government contracts do not hold contractors liable
for loss of government property if the property is provided under
which contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold
Answer: Cost-reimbursement contracts
,◉ True or false: It is the contracting officer's responsibility to
identify and demand payment of contractor debt.
True
False
Answer: True
◉ What part of the FAR identifies the required contract file
documentation?
FAR 4.804
FAR 4.803
FAR Subpart 4.7
FAR Subpart 4.6
Answer: FAR 4.803
◉ Before exercising an option, what must the contracting officer
determine?
Funds are available
The option was synopsized in accordance with FAR Part 5
The requirement covered by the option fulfills an existing
government need
All of the above
, Answer: All of the above
◉ What process is described in the following statement?
Using the technical specifications, COR, or in plant QAS inspects to
ensure supplies/services meet contract requirements.
Government quality assurance
Contractor performance
Government Acceptance
Contractor invoice review
Answer: Government quality assurance
◉ Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the PCO
Only the contracting officer and contracting officer's
representative
Only the procuring contracting officer (PCO) and the
administrative contracting officer (ACO)
None of the above
Answer: The program manager, the contracting officer, and the
PCO
EXAM QUESTIONS AND SOLUTIONS
◉ The first task in the contract administration process is to:
Review the contract file to identify critical contract requirements
and clauses
Debrief all offerors not selected for award
Develop a contract administration plan
Request that the contractor sign a release of claims
Answer: Review the contract file to identify critical contract
requirements and clauses
◉ Generally, government contracts do not hold contractors liable
for loss of government property if the property is provided under
which contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold
Answer: Cost-reimbursement contracts
,◉ True or false: It is the contracting officer's responsibility to
identify and demand payment of contractor debt.
True
False
Answer: True
◉ What part of the FAR identifies the required contract file
documentation?
FAR 4.804
FAR 4.803
FAR Subpart 4.7
FAR Subpart 4.6
Answer: FAR 4.803
◉ Before exercising an option, what must the contracting officer
determine?
Funds are available
The option was synopsized in accordance with FAR Part 5
The requirement covered by the option fulfills an existing
government need
All of the above
, Answer: All of the above
◉ What process is described in the following statement?
Using the technical specifications, COR, or in plant QAS inspects to
ensure supplies/services meet contract requirements.
Government quality assurance
Contractor performance
Government Acceptance
Contractor invoice review
Answer: Government quality assurance
◉ Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the PCO
Only the contracting officer and contracting officer's
representative
Only the procuring contracting officer (PCO) and the
administrative contracting officer (ACO)
None of the above
Answer: The program manager, the contracting officer, and the
PCO