FAC-C (Professional) Exam Complete Questions
And Correct Answers
The contracting lifecycle consists of three phases:
Pre-award, award, & post-award
The pre-award phase involves:
All the work performed by both the buyer (Government or prime contractor) and seller
(contractor or subcontractor in communicating the buyer's requirements and providing a
solution to those requirements.
Typically start before the contracting process:
Requirements definition, budgeting/funding process, and acquisition planning.
Pre-award phase consists of two primary activities:
Develop solicitation (Government) and develop offer (Contractor).
In planning the solicitation, the buying activity must:
Assess the need, analyze the requirement, ensure contract outcomes will be measurable and
properly incentivized, and verify the availability of funds.
What two FAR parts are key resources in developing the solicitation?
FAR Part 7 Acquisition Planning; FAR Part 11 Describing Agency Needs
Buying activities must conduct ___ to identify potential suppliers, evaluate if the requirement
is achievable, and perform any pre-offer conferences or communication.
,Market Research
What FAR part is a key resource for conducting Market Research?
FAR Part 10 Market Research
How do buying activities analyze risk?
Performing make or buy decisions; conducting a supply or services determination; and
understanding the required schedule or needs of the customer including the need for property
(including intellectual property).
What FAR/DFARS resources can assist in analyzing risks?
FAR 15.407-2 Make-or-Buy Programs; FAR Subpart 11.4 Delivery or Performance Schedules; FAR
Part 45 Government Property; DFARS Part 227 Patents, Data, & Copyrights.
Primary FAR resource for information about contract types:
FAR Part 16 Types of Contracts
Which FAR Part addresses publicizing contract actions?
FAR Part 5
What is the second phase of the contract lifecycle?
Contract Award
What is the one activity in the award phase?
Form contract
,When it receives offers, the buying activity (Government) must:
Analyze proposals in terms of risk, review for price reasonableness, and document results of the
analysis.
FAR Part ___, ___ ___ gives guidance that can be generalized for contract methods beyond
those covered by the rest of FAR Part 15.
15.404, Proposal Analysis
To plan for negotiations, the buying activity may ask for ___ from offerors and then develop
___ ___.
Clarification, negotiation objectives.
In all cases, ___ must explain the process that arrived at an offeror being awarded a contract.
Documentation
What FAR/DFARS Parts discuss the protest processes?
FAR Subpart 33.1; DFARS Subpart 233.1.
The third contract lifecycle phase is ___.
Post-award
The post-award phase involves:
All the work performed by both the buyer and seller during contract performance, to include
changes to the contract, contract closeout, and sometimes termination of a contract.
The post-award phase (sometimes referred to as contract administration) consists of two
primary activities:
, Perform contract and close contract.
Perform contract involves monitoring risk and assessing its impact on contract performance,
ensuring compliance with:
Contractual terms and conditions; contract technical requirements during contract performance
up to contract closeout or termination.
What two parties must administer the contract?
Buyer and seller.
Contract administration requires:
Continuous documentation throughout the life of the contract and depends on good
communication, funds management, and assessing seller performance.
Which FAR/DFARS Part outlines the vast array of post-award activities and responsibilities?
FAR Part 42 Contract Administration and Audit Services; DFARS Part 242.
Quality includes:
Schedule, cost, and delivery of services or items.
Whose responsibility is quality?
The seller.
Which FAR Part gives important guidance for planning and ensuring successful contract
performance?
FAR Part 46 Quality Assurance
And Correct Answers
The contracting lifecycle consists of three phases:
Pre-award, award, & post-award
The pre-award phase involves:
All the work performed by both the buyer (Government or prime contractor) and seller
(contractor or subcontractor in communicating the buyer's requirements and providing a
solution to those requirements.
Typically start before the contracting process:
Requirements definition, budgeting/funding process, and acquisition planning.
Pre-award phase consists of two primary activities:
Develop solicitation (Government) and develop offer (Contractor).
In planning the solicitation, the buying activity must:
Assess the need, analyze the requirement, ensure contract outcomes will be measurable and
properly incentivized, and verify the availability of funds.
What two FAR parts are key resources in developing the solicitation?
FAR Part 7 Acquisition Planning; FAR Part 11 Describing Agency Needs
Buying activities must conduct ___ to identify potential suppliers, evaluate if the requirement
is achievable, and perform any pre-offer conferences or communication.
,Market Research
What FAR part is a key resource for conducting Market Research?
FAR Part 10 Market Research
How do buying activities analyze risk?
Performing make or buy decisions; conducting a supply or services determination; and
understanding the required schedule or needs of the customer including the need for property
(including intellectual property).
What FAR/DFARS resources can assist in analyzing risks?
FAR 15.407-2 Make-or-Buy Programs; FAR Subpart 11.4 Delivery or Performance Schedules; FAR
Part 45 Government Property; DFARS Part 227 Patents, Data, & Copyrights.
Primary FAR resource for information about contract types:
FAR Part 16 Types of Contracts
Which FAR Part addresses publicizing contract actions?
FAR Part 5
What is the second phase of the contract lifecycle?
Contract Award
What is the one activity in the award phase?
Form contract
,When it receives offers, the buying activity (Government) must:
Analyze proposals in terms of risk, review for price reasonableness, and document results of the
analysis.
FAR Part ___, ___ ___ gives guidance that can be generalized for contract methods beyond
those covered by the rest of FAR Part 15.
15.404, Proposal Analysis
To plan for negotiations, the buying activity may ask for ___ from offerors and then develop
___ ___.
Clarification, negotiation objectives.
In all cases, ___ must explain the process that arrived at an offeror being awarded a contract.
Documentation
What FAR/DFARS Parts discuss the protest processes?
FAR Subpart 33.1; DFARS Subpart 233.1.
The third contract lifecycle phase is ___.
Post-award
The post-award phase involves:
All the work performed by both the buyer and seller during contract performance, to include
changes to the contract, contract closeout, and sometimes termination of a contract.
The post-award phase (sometimes referred to as contract administration) consists of two
primary activities:
, Perform contract and close contract.
Perform contract involves monitoring risk and assessing its impact on contract performance,
ensuring compliance with:
Contractual terms and conditions; contract technical requirements during contract performance
up to contract closeout or termination.
What two parties must administer the contract?
Buyer and seller.
Contract administration requires:
Continuous documentation throughout the life of the contract and depends on good
communication, funds management, and assessing seller performance.
Which FAR/DFARS Part outlines the vast array of post-award activities and responsibilities?
FAR Part 42 Contract Administration and Audit Services; DFARS Part 242.
Quality includes:
Schedule, cost, and delivery of services or items.
Whose responsibility is quality?
The seller.
Which FAR Part gives important guidance for planning and ensuring successful contract
performance?
FAR Part 46 Quality Assurance
