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FAC-C Certification Exam || 100% Exact Solutions.

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FAC-C Certification Exam || 100% Exact Solutions.

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FAC-C Certification
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FAC-C Certification

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FAC-C Certification Exam || 100% Exact Solutions.
Who develops a solicitation? correct answers The government, and the buyer

Who prepares an offer? correct answers The contractor, and the seller

During the post award phase while the contract is being performed, who has responsibility for
quality? correct answers The seller

Acquisition correct answers FAR 2.101 tells us Acquisition means the acquiring by contract with
appropriated funds of supplies or services (including construction) by and for the use of the
Federal Government through purchase or lease, whether the supplies or services are already in
existence or must be created, developed, demonstrated, and evaluated. Acquisition begins at the
point when agency needs are established and includes the description of requirements to satisfy
agency needs, solicitation and selection of sources, award of contracts, contract financing,
contract performance, contract administration, and those technical and management functions
directly related to the process of fulfilling agency needs by contract.

Acquisition Team correct answers FAR 1.102-3 describes the Acquisition Team as consisting of
all participants in Government acquisition including not only representatives of the technical,
supply, and procurement communities but also the customers they serve, and the contractors who
provide the products and services.

The KO's Role on the Acquisition Team correct answers FAR 1.102-4(a) states Government
members of the Acquisition Team must be empowered to make acquisition decisions within their
areas of responsibility, including selection, negotiation, and administration of contracts
consistent with the Guiding Principles. In particular, the contracting officer must have the
authority to the maximum extent practicable and consistent with law, to determine the
application of rules, regulations, and policies, on a specific contract.

KO Appointments correct answers FAR 1.603-2 requires appointing officials, when selecting
contracting officers, to consider the complexity and dollar value of the acquisitions to be
assigned and the candidate's experience, training, education, business acumen, judgment,
character, and reputation.

Examples of selection criteria correct answers -Experience in Government contracting and
administration, commercial purchasing, or related fields.
-Education or special training in business administration, law, accounting, engineering, or related
fields.
Knowledge of acquisition policies and procedures, including this and other applicable
regulations.
-Specialized knowledge in the particular assigned field of contracting.
-Satisfactory completion of acquisition training courses.

, DOD KO Requirements correct answers DFARS 201.603-2 tells us that in order to qualify to
serve as a contracting officer with authority to award or administer contracts for amounts above
the simplified acquisition threshold, a person must:
-Have completed all contracting courses required for a contracting officer to serve in the grade in
which the employee or member of the armed forces will serve.
-Have at least 2 years experience in a contracting position.
-Have received a baccalaureate degree from an accredited educational institution.
-Meet such additional requirements, based on the dollar value and complexity of the contracts
awarded or administered in the position, as may be established by the Secretary of Defense.
-DFARS 201.603-2(2) also lists several exceptions and amplifications to the above qualifications
for contracting officer appointments.

FAR 1.602-2 correct answers 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.

FAR 1.602-2(a) correct answers Contracting Officers must ensure sufficient funds are available
for obligation for each contract action.

FAR 1.602-2(b) correct answers states that contracting officers shall ensure that contractors
receive impartial, fair, and equitable treatment. This applies to all types of communications,
written and verbal.

FAR 1.602-2(c) correct answers Contracting officers shall request and consider the advice of
specialists in audit, law, engineering, information security , transportation, and other fields, as
appropriate.

FAR 1.602-2(d) correct answers states that contracting officers shall designate CORs in writing
and furnish copies to the contractor and the contract administration office.

Which part of the FAR gives the best guidance for personal conflict of interest? correct answers
FAR part 3

Which part of the FAR gives the best guidance for organizational conflict of interest? correct
answers FAR part 9

FAR 1.102-4(e) correct answers states that contracting officers "should take the lead in
encouraging business process innovations and ensuring that business decisions are sound."

FAR 1.102-2(c)(2) correct answers tells us the contracting system must focus on "risk
management" rather than "risk avoidance." The cost to the taxpayer of attempting to eliminate all
risk is prohibitive. The contracting system should allow contracting professionals to take
independent action based on their professional judgment. Along these lines, contracting
professionals should exercise discretion, use sound business judgment, and comply with

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FAC-C Certification

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