CON 3990 Exam FAR Parts Questions and
Correct Answers the Latest Update
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QUESTIONS AND ANSWERS
FAR Part 1. ANSWER -Federal Acquisition Regulation System
FAR Part 2. ANSWER -Definitions of Words and Terms
FAR Part 3. ANSWER -Improper Business Practices & Personal Conflicts of Interest
FAR Part 4. ANSWER -Administrative Matters
FAR Part 5. ANSWER -Publicizing Contract Actions
FAR Part 6. ANSWER -Competitive Requirements
FAR Part 7. ANSWER -Acquisition Planning
FAR Part 8. ANSWER -Required Sources of Supplies and Service
FAR Part 10. ANSWER -Market Research
FAR Part 12. ANSWER -Acquisition of Commercial Items
FAR Part 13. ANSWER -Simplified Acquisition Procedures (SAP)
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 & Procedures
FAR Part 33. ANSWER -Protests, Disputes, and Appeals
FAR Part 42. ANSWER -Contract Administration & Audit Services
FAR Part 44. ANSWER -Subcontracting Policies & Procedures
FAR Part 46. ANSWER -Quality Assurance
FAR Part 49. ANSWER -Termination of Contracts
FAR Part 50. ANSWER -Extraordinary contractual actions and safety act
FAR Part 51. ANSWER -Use of 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. Minimize influence of Personal
biases
2. Maximize the likelihood of a successful result.
3. Facilitate communication among affected parties.
,Minimize the Effect of Personal Biases. ANSWER -The contracting professional should
strive to minimize the influence of personal biases.
Maximize the likelihood of Successful Results. ANSWER -1. AR 1.102-4(e) states that
contracting officers "should take the lead in encouraging business process innovations and
ensuring that business decisions are sound."
Facilitate Communications Among Affected Parties. ANSWER -1. Effective
communication minimizes the effect of personal biases, maximizes the likelihood of
successful results, and facilitates communications among affected stakeholders.
Cost, quality and timeliness of products and services. ANSWER -1. FAR 1.102-2(a) tells
contracting professionals that a guiding principle is to satisfy customers in terms of cost,
quality, and timeliness of the delivered product or service.
Contracting Officer Representative (COR). ANSWER -1. FAR 1.602-2(d)(7) states that
contracting officers shall designate CORs in writing and furnish copies to the contractor
and the contract administration office
Standards of conduct. ANSWER -1. FAR 3.101-1 tells us Government business shall be
conducted in a manner above reproach and, except as authorized by statute or regulation,
with complete impartiality and with preferential treatment for none.
Methods of disseminating information. ANSWER -1. For proposed contract actions
expected to exceed $25,000, by synopsizing in theGovernment-wide Point of Entry
(GPE).For proposed contract actions expected to exceed $15,000, but not expected to
exceed$25,000. by displaying in a public place.
Justification and Approval (J&A). ANSWER -2.FAR 6.303-1(a) states a contracting officer
shall not commence negotiations for a sole source contract,commence negotiations for a
contract resulting from an unsolicited proposal, or award any othercontract without
providing for full and open competition unless the contracting officer-
I. Justifies, if required in FAR 6.302, the use of such actions in writing;
II. Certifies the accuracy and completeness of the justification;
III. (and) Obtains the approval required by FAR 6.304.
, Post award orientation:. ANSWER -1. FAR 42.501(a) states a post award orientation aids
both Government and contractor personnel to (1) achieve a clear and mutual understanding
of all contract requirements, and (2) identify and resolve potential problems. However, it is
not a substitute for the contractor's fully understanding the work requirements at the time
offers are submitted, nor is it to be used to alter the final agreement arrived at in any
negotiations leading to contract award.
Standards of Conduct:. ANSWER -1. (FAR 3.101-1). Transactions relating to the
expenditure of public funds require the highest degree of public trust and an impeccable
standard of conduct. The general rule is to avoid strictly any conflict of interest, or even
the appearance of a conflict of interest in government-contractor relationships.
Solicitation and Acceptance of Gratuities by Government Personnel. ANSWER -The
overarching rule on accepting gifts from contractor/employees is at (FAR 3.101-2). You
may not solicit gifts from anyone, for any reason. This means for yourself or for others.
Federal employees are prohibited from soliciting or accepting gifts.
Disclosures. ANSWER -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.
Contracts with Government Employees:. ANSWER -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 (FAR 3.601).
Personal Conflicts of interest:. ANSWER -FAR part 3 covers polices and procedures
related to avoiding improper business practices and personal conflicts of interest. A
"personal conflict of interest" is a situation where an individual is employed by a defense
contractor company and is in a position to materially influence DOD's recommendations
and/or decisions and, because of his/her personal activities, relationships, or financial
interests, may lack or appear to lack objectivity, or appear to be unduly influenced by
personal financial interest.
Organizational Conflicts of interest:. ANSWER -An OCI is the existence of a set of
circumstances in which a 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.
Correct Answers the Latest Update
Already Graded A+
QUESTIONS AND ANSWERS
FAR Part 1. ANSWER -Federal Acquisition Regulation System
FAR Part 2. ANSWER -Definitions of Words and Terms
FAR Part 3. ANSWER -Improper Business Practices & Personal Conflicts of Interest
FAR Part 4. ANSWER -Administrative Matters
FAR Part 5. ANSWER -Publicizing Contract Actions
FAR Part 6. ANSWER -Competitive Requirements
FAR Part 7. ANSWER -Acquisition Planning
FAR Part 8. ANSWER -Required Sources of Supplies and Service
FAR Part 10. ANSWER -Market Research
FAR Part 12. ANSWER -Acquisition of Commercial Items
FAR Part 13. ANSWER -Simplified Acquisition Procedures (SAP)
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 & Procedures
FAR Part 33. ANSWER -Protests, Disputes, and Appeals
FAR Part 42. ANSWER -Contract Administration & Audit Services
FAR Part 44. ANSWER -Subcontracting Policies & Procedures
FAR Part 46. ANSWER -Quality Assurance
FAR Part 49. ANSWER -Termination of Contracts
FAR Part 50. ANSWER -Extraordinary contractual actions and safety act
FAR Part 51. ANSWER -Use of 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. Minimize influence of Personal
biases
2. Maximize the likelihood of a successful result.
3. Facilitate communication among affected parties.
,Minimize the Effect of Personal Biases. ANSWER -The contracting professional should
strive to minimize the influence of personal biases.
Maximize the likelihood of Successful Results. ANSWER -1. AR 1.102-4(e) states that
contracting officers "should take the lead in encouraging business process innovations and
ensuring that business decisions are sound."
Facilitate Communications Among Affected Parties. ANSWER -1. Effective
communication minimizes the effect of personal biases, maximizes the likelihood of
successful results, and facilitates communications among affected stakeholders.
Cost, quality and timeliness of products and services. ANSWER -1. FAR 1.102-2(a) tells
contracting professionals that a guiding principle is to satisfy customers in terms of cost,
quality, and timeliness of the delivered product or service.
Contracting Officer Representative (COR). ANSWER -1. FAR 1.602-2(d)(7) states that
contracting officers shall designate CORs in writing and furnish copies to the contractor
and the contract administration office
Standards of conduct. ANSWER -1. FAR 3.101-1 tells us Government business shall be
conducted in a manner above reproach and, except as authorized by statute or regulation,
with complete impartiality and with preferential treatment for none.
Methods of disseminating information. ANSWER -1. For proposed contract actions
expected to exceed $25,000, by synopsizing in theGovernment-wide Point of Entry
(GPE).For proposed contract actions expected to exceed $15,000, but not expected to
exceed$25,000. by displaying in a public place.
Justification and Approval (J&A). ANSWER -2.FAR 6.303-1(a) states a contracting officer
shall not commence negotiations for a sole source contract,commence negotiations for a
contract resulting from an unsolicited proposal, or award any othercontract without
providing for full and open competition unless the contracting officer-
I. Justifies, if required in FAR 6.302, the use of such actions in writing;
II. Certifies the accuracy and completeness of the justification;
III. (and) Obtains the approval required by FAR 6.304.
, Post award orientation:. ANSWER -1. FAR 42.501(a) states a post award orientation aids
both Government and contractor personnel to (1) achieve a clear and mutual understanding
of all contract requirements, and (2) identify and resolve potential problems. However, it is
not a substitute for the contractor's fully understanding the work requirements at the time
offers are submitted, nor is it to be used to alter the final agreement arrived at in any
negotiations leading to contract award.
Standards of Conduct:. ANSWER -1. (FAR 3.101-1). Transactions relating to the
expenditure of public funds require the highest degree of public trust and an impeccable
standard of conduct. The general rule is to avoid strictly any conflict of interest, or even
the appearance of a conflict of interest in government-contractor relationships.
Solicitation and Acceptance of Gratuities by Government Personnel. ANSWER -The
overarching rule on accepting gifts from contractor/employees is at (FAR 3.101-2). You
may not solicit gifts from anyone, for any reason. This means for yourself or for others.
Federal employees are prohibited from soliciting or accepting gifts.
Disclosures. ANSWER -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.
Contracts with Government Employees:. ANSWER -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 (FAR 3.601).
Personal Conflicts of interest:. ANSWER -FAR part 3 covers polices and procedures
related to avoiding improper business practices and personal conflicts of interest. A
"personal conflict of interest" is a situation where an individual is employed by a defense
contractor company and is in a position to materially influence DOD's recommendations
and/or decisions and, because of his/her personal activities, relationships, or financial
interests, may lack or appear to lack objectivity, or appear to be unduly influenced by
personal financial interest.
Organizational Conflicts of interest:. ANSWER -An OCI is the existence of a set of
circumstances in which a 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.
