FAC-C Professional Exam Newest Exam / FAC-C
Professional Exam Preparation/FAC-C Professional Exam
Practice Exam With Complete Questions And Correct
Answers| Brand New Version
What part of FAR covers procedures for J&As? - ans -FAR 6.303
Deviation - ans -The issuance or use of a policy, procedure, solicitation provision,
contract clause, method, or practice of conducting acquisition actions of any kind
at any stage of the acquisition process that is inconsistent with the FAR.
What is the SF 30 form for? - ans -Amendment of solicitation / modification of
contract
What is SF 33 form used for? - ans -Solicitation, offer, and award
What is SF 1449 used for? - ans -Solicitation, contract, order for commercial items
What does the FAR say about using electronic forms of communication? - ans --
FAR 4.502 -- use electronic modes of communication whenever practicable or
cost-effective
What are the requirements for synopsizing contract actions? - ans -- For actions
above $25,000 - synopsize in the Government-wide Point of Entry (GPE)
(SAM.gov)
- For actions between $15 - $25 K, display in a public place for 10 days
Where in the FAR is the post-award orientation covered? - ans -FAR Part 42
What are the two goals of a post-award orientation? - ans -(1) help government
and contractor achieve a clear and mutual understanding of all contract
requirements
(2) identify and resolve potential problems
,What are two things that are NOT the goals of the post-award orientation? - ans --
substitute for contractor fully understanding work requirements at time of
proposal
- alter contract in any way
Which FAR part discusses personal conflict of interests? - ans -- FAR Part 3
Which FAR part discusses organizational conflict of interests? - ans -- FAR Part 9
What document should you use to document the use of a specific contract type? -
ans -D&F
What document must the CO complete prior to awarding a sole source contract? -
ans -J&A
What document must the CO complete after award negotiations are complete? -
ans -Price negotiation memo
What is government policy regarding disclosure of contractor bid or proposal
information or source selection information? - ans -No person or other entity may
disclose contractor bid or proposal information or source selection information to
any person other than a person authorized, in accordance with applicable agency
regulations or procedures, by the agency head or the contracting officer to
receive such information
What is contractor bid or proposal info? - ans -- Any info that cannot be disclosed
except to authorized source
- Cost or pricing data, indirect / labor rates, proprietary info, info marked by
contractor as bid or proposal info / restricted
What is the policy regarding contracts to government employees? - ans -A
contracting officer shall not knowingly award a contract to a Government
employee or to a business concern or other organization owned or substantially
owned or controlled by one or more Government employees
Personal conflict of interest - ans -Situation in which a covered employee has a
financial interest, personal activity, or relationship that could impair the
, employee's ability to act impartially and in the best interest of the Government
when performing under the contract.
Organizational Conflict of Interest (OCI) - ans -Situation in which contractor may
be unable to render impartial advice to the government, or might have impaired
objectivity in performing contracted work, or may obtain an unfair competitive
advantage in the marketplace when competing for government work where that
unfair advantage is obtained performing a government contract.
3 types of OCI - ans -1. Unequal access
2. Impaired objectivity
3. Biased ground rules
If CO cannot avoid an OCI, are they allowed to proceed to award? - ans -- Yes, CO
can get approval to proceed through waiver process (FAR 9.5)
Market research definition - ans -Collecting and analyzing information about
capabilities within the market to satisfy agency needs
What is one of the main priorities of market research? - ans -Assessing whether
commercial services are available to meet government's needs
What are the 3 types of contract life cycle costs? - ans -- Acquisition costs
- Operating costs
- Disposal costs
When should market research be conducted? - ans -On an ongoing basis
throughout the contract process
What are the two types of authority in contracting? - ans -- Actual -- this is the
authority that the CO has explicitly granted in writing by their warrant to commit
the government through contracts, and COR through COR letter
- Apparent -- when someone reasonably believes an individual has the authority
to act on behalf of the Government, based on his or her conduct, even though
that individual has no actual authority to bind the Government.
Professional Exam Preparation/FAC-C Professional Exam
Practice Exam With Complete Questions And Correct
Answers| Brand New Version
What part of FAR covers procedures for J&As? - ans -FAR 6.303
Deviation - ans -The issuance or use of a policy, procedure, solicitation provision,
contract clause, method, or practice of conducting acquisition actions of any kind
at any stage of the acquisition process that is inconsistent with the FAR.
What is the SF 30 form for? - ans -Amendment of solicitation / modification of
contract
What is SF 33 form used for? - ans -Solicitation, offer, and award
What is SF 1449 used for? - ans -Solicitation, contract, order for commercial items
What does the FAR say about using electronic forms of communication? - ans --
FAR 4.502 -- use electronic modes of communication whenever practicable or
cost-effective
What are the requirements for synopsizing contract actions? - ans -- For actions
above $25,000 - synopsize in the Government-wide Point of Entry (GPE)
(SAM.gov)
- For actions between $15 - $25 K, display in a public place for 10 days
Where in the FAR is the post-award orientation covered? - ans -FAR Part 42
What are the two goals of a post-award orientation? - ans -(1) help government
and contractor achieve a clear and mutual understanding of all contract
requirements
(2) identify and resolve potential problems
,What are two things that are NOT the goals of the post-award orientation? - ans --
substitute for contractor fully understanding work requirements at time of
proposal
- alter contract in any way
Which FAR part discusses personal conflict of interests? - ans -- FAR Part 3
Which FAR part discusses organizational conflict of interests? - ans -- FAR Part 9
What document should you use to document the use of a specific contract type? -
ans -D&F
What document must the CO complete prior to awarding a sole source contract? -
ans -J&A
What document must the CO complete after award negotiations are complete? -
ans -Price negotiation memo
What is government policy regarding disclosure of contractor bid or proposal
information or source selection information? - ans -No person or other entity may
disclose contractor bid or proposal information or source selection information to
any person other than a person authorized, in accordance with applicable agency
regulations or procedures, by the agency head or the contracting officer to
receive such information
What is contractor bid or proposal info? - ans -- Any info that cannot be disclosed
except to authorized source
- Cost or pricing data, indirect / labor rates, proprietary info, info marked by
contractor as bid or proposal info / restricted
What is the policy regarding contracts to government employees? - ans -A
contracting officer shall not knowingly award a contract to a Government
employee or to a business concern or other organization owned or substantially
owned or controlled by one or more Government employees
Personal conflict of interest - ans -Situation in which a covered employee has a
financial interest, personal activity, or relationship that could impair the
, employee's ability to act impartially and in the best interest of the Government
when performing under the contract.
Organizational Conflict of Interest (OCI) - ans -Situation in which contractor may
be unable to render impartial advice to the government, or might have impaired
objectivity in performing contracted work, or may obtain an unfair competitive
advantage in the marketplace when competing for government work where that
unfair advantage is obtained performing a government contract.
3 types of OCI - ans -1. Unequal access
2. Impaired objectivity
3. Biased ground rules
If CO cannot avoid an OCI, are they allowed to proceed to award? - ans -- Yes, CO
can get approval to proceed through waiver process (FAR 9.5)
Market research definition - ans -Collecting and analyzing information about
capabilities within the market to satisfy agency needs
What is one of the main priorities of market research? - ans -Assessing whether
commercial services are available to meet government's needs
What are the 3 types of contract life cycle costs? - ans -- Acquisition costs
- Operating costs
- Disposal costs
When should market research be conducted? - ans -On an ongoing basis
throughout the contract process
What are the two types of authority in contracting? - ans -- Actual -- this is the
authority that the CO has explicitly granted in writing by their warrant to commit
the government through contracts, and COR through COR letter
- Apparent -- when someone reasonably believes an individual has the authority
to act on behalf of the Government, based on his or her conduct, even though
that individual has no actual authority to bind the Government.
