UNDERSTANDING
REGULATIONS
EXAM
Which statement is true regarding the suspension of contractors?
Suspension decisions always apply to all divisions or other
organizational elements of the contractor without exception
A contractor's suspension is generally effective throughout the executive
branch of the government
If a cause for suspension exists, the government must always suspend
the contract - ANSWERS-A contractor's suspension is generally
effective throughout the executive branch of the government.
Which statement is correct regarding the assignment of claims for a
DOD $300,000 nonpersonal services contract?
The assignment of claims may be prohibited for this contract
The assignment of claims may not be prohibited for this contract
The Assignment of Claims Act does not apply to this type of contract
END OF
PAGE
1
, CON 1100V - LATEST
UNDERSTANDING
REGULATIONS
EXAM
The Assignment of Claims Act does not apply to service contracts -
ANSWERS-The assignment of claims may not be prohibited for this
contract.
Where would you find limitation of obligations for a DOD letter
contract?
DFARS 217-7404-2
DFARS 217.7404-4
DFARS 216.603-3
DFARS 216.603-4 - ANSWERS-DFARS 217.7404-4
A cost-plus-fixed-fee contract for supplies is contemplated, with a base
quantity and three options for increased quantities. The supplies will be
delivered to Tampa, FL. The estimated value of the base quantity is
$225,000 and the estimated value of each option is $200,000. Which
statement is true regarding inclusion of the clause at FAR 52.222-2,
Payment for Overtime Premiums?
END OF
PAGE
2