Subcontracting Exam Questions with 100% Correct Answers

Subcontracting Exam Questions with 100% Correct Answers Subcontract Information - Answer--The prime contractor (or high-tier subcontractor) is responsible for managing its subcontracts -Approval to subcontract out part of a gov't contract is not automatic -High-tier subcontractors must also manage their subcontracts, even if they are not the prime contractor on a gov't contract Consent to Subcontract - Answer-FAR 44.204 (a) -- The contracting officer shall insert the clause at 52.244-2, subcontracts in solicitations and contracts when contemplating-- -Cost-reimbursement contract -A letter contract that exceeds the simplified acquisition threshold -A fixed-price contract that exceeds the simplified acquisition threshold under which unpriced contract actions are anticipated -A time-and-materials contract that exceeds the simplified acquisition threshold -A labor-hour contract that exceed the simplified acquisition threshold FAR 52.244-2, Subcontracts - Answer-The gov't reserves the right to review the Contractor's purchasing system as set forth in FAR Subpart 44.3 If the contractor does not have an approved purchasing system, consent to subcontract is required for certain subcontracts If the contractor has an approved purchasing system, the contracting officer may still require consent for certain subcontracts