CON 3910 FAC-C Exam Prep Course
Questions With Correct Answers
The contracting process consists of three Contract Life Cycle Phases:
| | | | | | | | |
Pre-award, Award, and Post-award | | |
Which Contract Life Cycle 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?
| | | | |
Pre-award
The pre-award phase consists of two primary activities:
| | | | | | |
Develop solicitation, Develop Offer
| | |
What part of the FAR covers closeout of government contracts?
| | | | | | | | |
FAR Part 4. (Note: Quick Closeout is in FAR Part 42)
| | | | | | | | | |
,Who develops a solicitation?
| | |
The government and the buyer
| | | |
Who prepares an offer?
| | |
The contractor and the seller
| | | |
During the post-award phase while the contract is being performed,
| | | | | | | | | |
who has responsibility for quality?
| | | |
The Seller
|
Acquisition Team consists of:
| | |
govt representatives of technical, supply and procurement
| | | | | |
customers
contractors who provide product/service
| | |
Contracting Officer (KO) role on Acq team:
| | | | | |
,to determine the application of rules, regulations, and policies, on a
| | | | | | | | | | |
specific contract. |
Contracting Officer (KO) General Responsibilities:
| | | |
ensuring performance of all necessary actions for effective contracting;
| | | | | | | |
ensuring compliance with the terms of the contract;
| | | | | | |
safeguarding the interests of the United States in its contractual
| | | | | | | | | |
relationships
Contractor Officer specific responsibilities (Select 4): A. Ensure Sufficient
| | | | | | | |
Funds B. Work as liaison to program C. Dealing with Contractors D.
| | | | | | | | | | | | |
Request Assistance, as Appropriate (e.g. legal) E. Designate COR
| | | | | | | |
A. Ensure Sufficient Funds
| | |
C. Dealing with Contractors
| | |
D. Request Assistance, as Appropriate (e.g. legal)
| | | | | |
E. Designate COR
| |
A contractor employee has some interest that could impair their ability
| | | | | | | | | | |
to act impartially and in the best interest of the Government when
| | | | | | | | | | | |
performing under a contract. This is an example of ______________.
| | | | | | | | |
, personal conflict of interest
| | |
What is it called when a contractor (or potential contractor) is in a
| | | | | | | | | | | | |
situation which by way of contract performance gives them an unfair
| | | | | | | | | | |
advantage or will bias their performance in making recommendations to
| | | | | | | | |
the Government?
| |
organizational conflicts of interest | | |
What part of the FAR is personal Conflict of Interest covered?
| | | | | | | | | |
FAR Part 3
| |
What part of the FAR is organizational Conflict of Interest covered?
| | | | | | | | | |
FAR Part 9 Contractor Qualifications
| | | |
contracting system must focus on "risk ________" rather than "risk
| | | | | | | | | |
________."
contracting system must focus on "risk management" rather than "risk
| | | | | | | | | |
avoidance." (FAR Part 1) | | |
Questions With Correct Answers
The contracting process consists of three Contract Life Cycle Phases:
| | | | | | | | |
Pre-award, Award, and Post-award | | |
Which Contract Life Cycle 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?
| | | | |
Pre-award
The pre-award phase consists of two primary activities:
| | | | | | |
Develop solicitation, Develop Offer
| | |
What part of the FAR covers closeout of government contracts?
| | | | | | | | |
FAR Part 4. (Note: Quick Closeout is in FAR Part 42)
| | | | | | | | | |
,Who develops a solicitation?
| | |
The government and the buyer
| | | |
Who prepares an offer?
| | |
The contractor and the seller
| | | |
During the post-award phase while the contract is being performed,
| | | | | | | | | |
who has responsibility for quality?
| | | |
The Seller
|
Acquisition Team consists of:
| | |
govt representatives of technical, supply and procurement
| | | | | |
customers
contractors who provide product/service
| | |
Contracting Officer (KO) role on Acq team:
| | | | | |
,to determine the application of rules, regulations, and policies, on a
| | | | | | | | | | |
specific contract. |
Contracting Officer (KO) General Responsibilities:
| | | |
ensuring performance of all necessary actions for effective contracting;
| | | | | | | |
ensuring compliance with the terms of the contract;
| | | | | | |
safeguarding the interests of the United States in its contractual
| | | | | | | | | |
relationships
Contractor Officer specific responsibilities (Select 4): A. Ensure Sufficient
| | | | | | | |
Funds B. Work as liaison to program C. Dealing with Contractors D.
| | | | | | | | | | | | |
Request Assistance, as Appropriate (e.g. legal) E. Designate COR
| | | | | | | |
A. Ensure Sufficient Funds
| | |
C. Dealing with Contractors
| | |
D. Request Assistance, as Appropriate (e.g. legal)
| | | | | |
E. Designate COR
| |
A contractor employee has some interest that could impair their ability
| | | | | | | | | | |
to act impartially and in the best interest of the Government when
| | | | | | | | | | | |
performing under a contract. This is an example of ______________.
| | | | | | | | |
, personal conflict of interest
| | |
What is it called when a contractor (or potential contractor) is in a
| | | | | | | | | | | | |
situation which by way of contract performance gives them an unfair
| | | | | | | | | | |
advantage or will bias their performance in making recommendations to
| | | | | | | | |
the Government?
| |
organizational conflicts of interest | | |
What part of the FAR is personal Conflict of Interest covered?
| | | | | | | | | |
FAR Part 3
| |
What part of the FAR is organizational Conflict of Interest covered?
| | | | | | | | | |
FAR Part 9 Contractor Qualifications
| | | |
contracting system must focus on "risk ________" rather than "risk
| | | | | | | | | |
________."
contracting system must focus on "risk management" rather than "risk
| | | | | | | | | |
avoidance." (FAR Part 1) | | |
