CFCM UPDATED STUDYS EXAM QUESTIONS AND
SOLUTIONS GUARANTEE A+
What is the FAR system? - ✔✔for acquisitions by all executive branches
✔✔How do agencies and the public participate in setting acquisition
policies and procedures? - ✔✔•Comments need not be solicited when the proposed
coverage does not constitute a significant revision.
•Consideration shall also be given to unsolicited recommendations for revisions that
have been submitted in writing with sufficient data and rationale to permit their
evaluation.
Re: FAR 1.5
✔✔How do agencies and the public participate in setting acquisition
policies and procedures? - ✔✔•Public meetings may be appropriate when a decision to
adopt, amend, or delete
FAR coverage is likely to benefit from significant additional views and discussion
Re: FAR 1.5
✔✔How do agencies and the public participate in setting acquisition
policies and procedures? - ✔✔Agencies may issue agency acquisition regulations that
implement or supplement the FAR and incorporate, together with the FAR, agency
policies, procedures, contract clauses, solicitation provisions, and forms that govern the
contracting process.
Re: FAR 1.5
✔✔How do agencies and the public participate in setting acquisition
policies and procedures? - ✔✔•Agency acquisition regulations shall not—
-Unnecessarily repeat, paraphrase, or otherwise restate material contained in the FAR
or higher-level agency acquisition regulations; or
-Conflict or be inconsistent with FAR content.
Re: FAR 1.5
✔✔How do agencies and the public participate in setting acquisition
policies and procedures? - ✔✔•Agency acquisition regulations are published for
comment in the Federal Register when they have a significant effect beyond the internal
operating procedures of the agency or have a significant cost or administrative impact
on contractors or offerors.
Re: FAR 1.5
✔✔What are the Contracting Officer's authorities and responsibilities?
Agency head vested Authority
Co signs for Gov't - ✔✔• Authority and responsibility to contract for authorized supplies
and
,services are vested in the agency head.
• Contracts may be entered into and signed on behalf of the Government only by
contracting officers.
Re: FAR 1.6
✔✔What are the Contracting Officer's authorities and responsibilities?
Co can DF and negotiate contracts and bind at pay grade and public - ✔✔• Contracting
officers have authority to enter into, administer, or terminate contracts and make related
determinations and findings. Contracting officers may bind the Government only to the
extent of the authority delegated to them. Contracting officers shall receive from the
appointing authority clear instructions in writing regarding the limits of their authority.
Information on the limits of the contracting officers' authority shall be readily available to
the public and agency personnel.
FAR 1.6
✔✔What are the Contracting Officer's authorities and responsibilities?
Co has to know law,
ExecO, regs, and procedures clearance and procedures - ✔✔•No contract shall be
entered into unless the contracting officer ensures that all requirements of law,
executive orders, regulations, and all other applicable procedures, including clearances
and approvals, have been met.
FAR 1.6
✔✔What are the Contracting Officer's authorities and responsibilities?
Co 106.2 w sufficient funds w fair treatment of contractors use specialist appropriately
(law eng sect.) - ✔✔• Contracting officers are responsible for ensuring performance of
all necessary actions for effective contracting, ensuring compliance with the terms of the
contract, and safeguarding the interests of the United States in its contractual
relationships. In order to perform these responsibilities, contracting officers should be
allowed wide latitude to exercise business judgment. Contracting officers shall—
- Ensure that the requirements of 1.602-1(b) have been met, and that sufficient funds
are available for obligation;
- Ensure that contractors receive impartial, fair, and equitable treatment; and
- Request and consider the advice of specialists in audit, law, engineering, information
security, transportation, and other fields, as appropriate.
FAR 1.6
✔✔C.O. FAR 106.2 - ✔✔improve contract surveillance by clarifying the COR
responsibilities.to clean up language in the FAR at 1.602-2(d) and 7.104. The change at
7.104 is significant because it raises the awareness of the procurement team to appoint
a COR as early in the acquisition planning as possible. It is thought that if the COR is
involved from the very early on they will make a more effective contribution
✔✔What are the Contracting Officer's authorities and responsibilities?
, Co can ratify - ✔✔•"Ratification," as used in this subsection, means the act of approving
an unauthorized commitment by an official who does not have the authority to do so.
Re: FAR 1.6
✔✔What are the Contracting Officer's authorities and responsibilities?
Co can ratify - ✔✔•"Ratification," as used in this subsection, means the act of approving
an unauthorized commitment by an official who has the authority to do so.
FAR 1.6
✔✔COR can not change terms or conditions of contract - ✔✔•The COR has no
authority to make any commitments or changes that affect price, quality, quantity,
delivery, or other terms and conditions of the contract
Re: FAR 1.604
✔✔What are the Contracting Officer's authorities and responsibilities?
Co designates COR responsibilities Gov't employee and certified - ✔✔•The contracting
officer is required to designate and authorize, in writing, a contracting officer's
representative (COR) to assist in the technical monitoring or administration of contracts
and orders other than those that are firm-fixed price, and for firm-fixed-price contracts
and orders, as appropriate. A COR must be:
- a government employee, unless otherwise authorized in agency regulations
- qualified by training and experience commensurate with the responsibilities to be
delegated
- certified and maintain certification
FAR 1.6
✔✔What are "threshold adjustments"?
Bacon SCA 65 USTR 1979 - ✔✔•FAR Council periodically adjusts all statutory
acquisition-related
dollar thresholds in the FAR for inflation, except:
-thresholds established by the Davis-Bacon Act, the Service Contract Act of 1965, or
the United States Trade Representative pursuant to the authority of the Trade
Agreements Act of 1979.
Re: FAR 1.109
✔✔What are "threshold adjustments"?
05 urban CPI - ✔✔•This adjustment is calculated every 5 years, starting in October
2005, using the Consumer Price Index (CPI) for all-urban consumers.
•A matrix showing calculation of the most recent escalation adjustments of statutory
acquisition-related dollar thresholds is available via the Internet at
http://www.regulations.gov.
Re: FAR 1.109
SOLUTIONS GUARANTEE A+
What is the FAR system? - ✔✔for acquisitions by all executive branches
✔✔How do agencies and the public participate in setting acquisition
policies and procedures? - ✔✔•Comments need not be solicited when the proposed
coverage does not constitute a significant revision.
•Consideration shall also be given to unsolicited recommendations for revisions that
have been submitted in writing with sufficient data and rationale to permit their
evaluation.
Re: FAR 1.5
✔✔How do agencies and the public participate in setting acquisition
policies and procedures? - ✔✔•Public meetings may be appropriate when a decision to
adopt, amend, or delete
FAR coverage is likely to benefit from significant additional views and discussion
Re: FAR 1.5
✔✔How do agencies and the public participate in setting acquisition
policies and procedures? - ✔✔Agencies may issue agency acquisition regulations that
implement or supplement the FAR and incorporate, together with the FAR, agency
policies, procedures, contract clauses, solicitation provisions, and forms that govern the
contracting process.
Re: FAR 1.5
✔✔How do agencies and the public participate in setting acquisition
policies and procedures? - ✔✔•Agency acquisition regulations shall not—
-Unnecessarily repeat, paraphrase, or otherwise restate material contained in the FAR
or higher-level agency acquisition regulations; or
-Conflict or be inconsistent with FAR content.
Re: FAR 1.5
✔✔How do agencies and the public participate in setting acquisition
policies and procedures? - ✔✔•Agency acquisition regulations are published for
comment in the Federal Register when they have a significant effect beyond the internal
operating procedures of the agency or have a significant cost or administrative impact
on contractors or offerors.
Re: FAR 1.5
✔✔What are the Contracting Officer's authorities and responsibilities?
Agency head vested Authority
Co signs for Gov't - ✔✔• Authority and responsibility to contract for authorized supplies
and
,services are vested in the agency head.
• Contracts may be entered into and signed on behalf of the Government only by
contracting officers.
Re: FAR 1.6
✔✔What are the Contracting Officer's authorities and responsibilities?
Co can DF and negotiate contracts and bind at pay grade and public - ✔✔• Contracting
officers have authority to enter into, administer, or terminate contracts and make related
determinations and findings. Contracting officers may bind the Government only to the
extent of the authority delegated to them. Contracting officers shall receive from the
appointing authority clear instructions in writing regarding the limits of their authority.
Information on the limits of the contracting officers' authority shall be readily available to
the public and agency personnel.
FAR 1.6
✔✔What are the Contracting Officer's authorities and responsibilities?
Co has to know law,
ExecO, regs, and procedures clearance and procedures - ✔✔•No contract shall be
entered into unless the contracting officer ensures that all requirements of law,
executive orders, regulations, and all other applicable procedures, including clearances
and approvals, have been met.
FAR 1.6
✔✔What are the Contracting Officer's authorities and responsibilities?
Co 106.2 w sufficient funds w fair treatment of contractors use specialist appropriately
(law eng sect.) - ✔✔• Contracting officers are responsible for ensuring performance of
all necessary actions for effective contracting, ensuring compliance with the terms of the
contract, and safeguarding the interests of the United States in its contractual
relationships. In order to perform these responsibilities, contracting officers should be
allowed wide latitude to exercise business judgment. Contracting officers shall—
- Ensure that the requirements of 1.602-1(b) have been met, and that sufficient funds
are available for obligation;
- Ensure that contractors receive impartial, fair, and equitable treatment; and
- Request and consider the advice of specialists in audit, law, engineering, information
security, transportation, and other fields, as appropriate.
FAR 1.6
✔✔C.O. FAR 106.2 - ✔✔improve contract surveillance by clarifying the COR
responsibilities.to clean up language in the FAR at 1.602-2(d) and 7.104. The change at
7.104 is significant because it raises the awareness of the procurement team to appoint
a COR as early in the acquisition planning as possible. It is thought that if the COR is
involved from the very early on they will make a more effective contribution
✔✔What are the Contracting Officer's authorities and responsibilities?
, Co can ratify - ✔✔•"Ratification," as used in this subsection, means the act of approving
an unauthorized commitment by an official who does not have the authority to do so.
Re: FAR 1.6
✔✔What are the Contracting Officer's authorities and responsibilities?
Co can ratify - ✔✔•"Ratification," as used in this subsection, means the act of approving
an unauthorized commitment by an official who has the authority to do so.
FAR 1.6
✔✔COR can not change terms or conditions of contract - ✔✔•The COR has no
authority to make any commitments or changes that affect price, quality, quantity,
delivery, or other terms and conditions of the contract
Re: FAR 1.604
✔✔What are the Contracting Officer's authorities and responsibilities?
Co designates COR responsibilities Gov't employee and certified - ✔✔•The contracting
officer is required to designate and authorize, in writing, a contracting officer's
representative (COR) to assist in the technical monitoring or administration of contracts
and orders other than those that are firm-fixed price, and for firm-fixed-price contracts
and orders, as appropriate. A COR must be:
- a government employee, unless otherwise authorized in agency regulations
- qualified by training and experience commensurate with the responsibilities to be
delegated
- certified and maintain certification
FAR 1.6
✔✔What are "threshold adjustments"?
Bacon SCA 65 USTR 1979 - ✔✔•FAR Council periodically adjusts all statutory
acquisition-related
dollar thresholds in the FAR for inflation, except:
-thresholds established by the Davis-Bacon Act, the Service Contract Act of 1965, or
the United States Trade Representative pursuant to the authority of the Trade
Agreements Act of 1979.
Re: FAR 1.109
✔✔What are "threshold adjustments"?
05 urban CPI - ✔✔•This adjustment is calculated every 5 years, starting in October
2005, using the Consumer Price Index (CPI) for all-urban consumers.
•A matrix showing calculation of the most recent escalation adjustments of statutory
acquisition-related dollar thresholds is available via the Internet at
http://www.regulations.gov.
Re: FAR 1.109
