CON 3990 FAR PARTS EXAM LATEST UPDATED
2024-2025
FAR Part 1: ANSWER Federal Acquisition Regulation System
FAR Part 2: Answer Definitions of Words and Terms
FAR Part 3 - ANSWER Improper business practices and personal conflicts of
interest.
FAR Part 4: ANSWER Administrative Matters
FAR Part 5 - ANSWER Publicating Contract Actions
FAR Part 6: ANSWER Competitive Requirements
FAR Part 7: ANSWER Acquisition Planning
FAR Part 8 - ANSWER: Required sources of supplies and services
FAR Part 10: ANSWER Mark
et Research
FAR Part 12: ANSWER Acquisition of C
ommercial Items
FAR Part 13 - ANSWER: Simplified Acquisition Procedures
FAR Part 15: ANSWER Contract by Negotiation
FAR Part 16 - Answer Types of Contracts
FAR Part 19: ANSWER Small Business Programs
FAR Part 31: ANSWER Contract Cost Principles and Procedures
FAR Part 33 - Protests, Disputes, and Appeals
,FAR Part 42 - ANSWER: Contract Administration and Audit Services
FAR Part 44 - ANSWER Subcontracting Policy and Procedures
FAR Part 46: ANSWER Quality Assurance
FAR Part 49 - Termination of Contracts
FAR Part 50 - ANSWER: Extraordinary contractual actions and the Safety Act
FAR Part 51 - ANSWER Using Government Sources by Contractors
FAR Part 52, ANSWER Solicitation Provisions and Contract Clauses
FAR Part 53: ANSWER FORMS.
Contracting Life Cycle Phases: ANSWER 1. Pre-Award
2. Award
3. Post Award
Communication and Decision-Making Bias: ANSWER 1. Minimise the
influence of personal biases
2. Increase the likelihood of a successful outcome.
3. Facilitate communication among the concerned parties.
ANSWER: The contracting professional should attempt to reduce the influence
of personal biases.
Maximise the likelihood of successful outcomes - ANSWER 1. According to
AR 1.102-4(e), contracting officers "should take the lead in encouraging
business process innovations and ensuring that business decisions are sound."
,Facilitate Communication among Affected Parties - ANSWER 1. Effective
communication reduces the impact of personal biases, increases the possibility
of effective outcomes, and promotes communication among affected parties.
Price, quality, and timeliness of products and services - ANSWER 1. FAR
1.102-2(a) states that a guiding philosophy for contracting experts is to satisfy
clients in terms of cost, quality, and timeliness of product or service delivery.
Contracting Officer Representative (COR): ANSWER 1. FAR 1.602-2(d)(7)
requires contracting officers to designate CORs in writing and provide copies to
the contractor and the contract administration office.
Standard of Conduct - ANSWER 1. FAR 3.101-1 states that government
business must be handled in a manner beyond reproach and, save as authorised
by statute or regulation, with total impartiality and preferential treatment for
none.
Methods of information dissemination - ANSWER 1. For planned contract
actions likely to surpass $25,000, use synopsis in the Government-wide Point of
Entry (GPE). For proposed contract actions expected to exceed $15,000 but not
exceed $25,000. by displaying in a public area.
Justification and Approval (J&A) - ANSWER 2.FAR 6.303-1(a) states that a
contracting officer shall not begin negotiations for a sole source contract, a
contract resulting from an unsolicited proposal, or award any other contract
without providing for full and open competition unless the contracting officer-
I. Justifies, if required by FAR 6.302, the utilisation of such activities in writing.
II. certifies the accuracy and completeness of the justification.
III. (and) obtains the requisite approval under FAR 6.304.
, Post-award orientation: - ANSWER 1. According to FAR 42.501(a), a post-
award orientation assists both government and contractor staff in (1) achieving a
clear and mutual knowledge of all contract obligations, and (2) identifying and
resolving potential issues. However, it is not a substitute for the contractor's
complete grasp of the work requirements at the time proposals are submitted,
nor is it to be utilised to change the final agreement reached during any talks
leading up to contract award.
Standards of Conduct: - Answer 1. (FAR 3.101-1). Transactions involving the
expenditure of public monies necessitate the highest level of public trust and an
unwavering standard of conduct. In government-contractor partnerships, the
basic rule is to prevent any conflict of interest, even if it appears to exist.
Solicitation and Acceptance of Gratuities by Government Personnel -
ANSWER The general regulation for accepting gifts from
contractors/employees is found at (FAR 3.101-2). You cannot solicit
contributions from anyone for any reason. This can be for yourself or others.
Federal personnel are not allowed to solicit or accept gifts.
Disclosures - ANSWER No person or entity may reveal contractor bid or
proposal information or source selection information to anyone other than the
agency head or contracting officer, who has authorised it in accordance with
applicable agency regulations or procedures.
Contracts with Government Employees: - ANSWER A contracting officer shall
not knowingly award a contract to a government employee or a business
concern or other organisation that is owned, largely owned, or controlled by one
or more government employees (FAR 3.601).
2024-2025
FAR Part 1: ANSWER Federal Acquisition Regulation System
FAR Part 2: Answer Definitions of Words and Terms
FAR Part 3 - ANSWER Improper business practices and personal conflicts of
interest.
FAR Part 4: ANSWER Administrative Matters
FAR Part 5 - ANSWER Publicating Contract Actions
FAR Part 6: ANSWER Competitive Requirements
FAR Part 7: ANSWER Acquisition Planning
FAR Part 8 - ANSWER: Required sources of supplies and services
FAR Part 10: ANSWER Mark
et Research
FAR Part 12: ANSWER Acquisition of C
ommercial Items
FAR Part 13 - ANSWER: Simplified Acquisition Procedures
FAR Part 15: ANSWER Contract by Negotiation
FAR Part 16 - Answer Types of Contracts
FAR Part 19: ANSWER Small Business Programs
FAR Part 31: ANSWER Contract Cost Principles and Procedures
FAR Part 33 - Protests, Disputes, and Appeals
,FAR Part 42 - ANSWER: Contract Administration and Audit Services
FAR Part 44 - ANSWER Subcontracting Policy and Procedures
FAR Part 46: ANSWER Quality Assurance
FAR Part 49 - Termination of Contracts
FAR Part 50 - ANSWER: Extraordinary contractual actions and the Safety Act
FAR Part 51 - ANSWER Using Government Sources by Contractors
FAR Part 52, ANSWER Solicitation Provisions and Contract Clauses
FAR Part 53: ANSWER FORMS.
Contracting Life Cycle Phases: ANSWER 1. Pre-Award
2. Award
3. Post Award
Communication and Decision-Making Bias: ANSWER 1. Minimise the
influence of personal biases
2. Increase the likelihood of a successful outcome.
3. Facilitate communication among the concerned parties.
ANSWER: The contracting professional should attempt to reduce the influence
of personal biases.
Maximise the likelihood of successful outcomes - ANSWER 1. According to
AR 1.102-4(e), contracting officers "should take the lead in encouraging
business process innovations and ensuring that business decisions are sound."
,Facilitate Communication among Affected Parties - ANSWER 1. Effective
communication reduces the impact of personal biases, increases the possibility
of effective outcomes, and promotes communication among affected parties.
Price, quality, and timeliness of products and services - ANSWER 1. FAR
1.102-2(a) states that a guiding philosophy for contracting experts is to satisfy
clients in terms of cost, quality, and timeliness of product or service delivery.
Contracting Officer Representative (COR): ANSWER 1. FAR 1.602-2(d)(7)
requires contracting officers to designate CORs in writing and provide copies to
the contractor and the contract administration office.
Standard of Conduct - ANSWER 1. FAR 3.101-1 states that government
business must be handled in a manner beyond reproach and, save as authorised
by statute or regulation, with total impartiality and preferential treatment for
none.
Methods of information dissemination - ANSWER 1. For planned contract
actions likely to surpass $25,000, use synopsis in the Government-wide Point of
Entry (GPE). For proposed contract actions expected to exceed $15,000 but not
exceed $25,000. by displaying in a public area.
Justification and Approval (J&A) - ANSWER 2.FAR 6.303-1(a) states that a
contracting officer shall not begin negotiations for a sole source contract, a
contract resulting from an unsolicited proposal, or award any other contract
without providing for full and open competition unless the contracting officer-
I. Justifies, if required by FAR 6.302, the utilisation of such activities in writing.
II. certifies the accuracy and completeness of the justification.
III. (and) obtains the requisite approval under FAR 6.304.
, Post-award orientation: - ANSWER 1. According to FAR 42.501(a), a post-
award orientation assists both government and contractor staff in (1) achieving a
clear and mutual knowledge of all contract obligations, and (2) identifying and
resolving potential issues. However, it is not a substitute for the contractor's
complete grasp of the work requirements at the time proposals are submitted,
nor is it to be utilised to change the final agreement reached during any talks
leading up to contract award.
Standards of Conduct: - Answer 1. (FAR 3.101-1). Transactions involving the
expenditure of public monies necessitate the highest level of public trust and an
unwavering standard of conduct. In government-contractor partnerships, the
basic rule is to prevent any conflict of interest, even if it appears to exist.
Solicitation and Acceptance of Gratuities by Government Personnel -
ANSWER The general regulation for accepting gifts from
contractors/employees is found at (FAR 3.101-2). You cannot solicit
contributions from anyone for any reason. This can be for yourself or others.
Federal personnel are not allowed to solicit or accept gifts.
Disclosures - ANSWER No person or entity may reveal contractor bid or
proposal information or source selection information to anyone other than the
agency head or contracting officer, who has authorised it in accordance with
applicable agency regulations or procedures.
Contracts with Government Employees: - ANSWER A contracting officer shall
not knowingly award a contract to a government employee or a business
concern or other organisation that is owned, largely owned, or controlled by one
or more government employees (FAR 3.601).
