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FAC-C PROCTORED EXAM BANK PREP 2026 (Latest Update ) Questions with Correct Answers 100 - Correct -Grade A-

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FAC-C PROCTORED EXAM BANK PREP 2026 (Latest Update ) Questions with Correct Answers 100 - Correct -Grade A-

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FAC-C PROCTORED EXAM BANK PREP
2026 (Latest Update )
Questions with Correct Answers 100 %
Correct {Grade A}

According to FAR 2.101, Source Selection Information (SSI) means information that is


prepared for use by an ___ for the purpose of ___ a bid or proposal, that has not


previously been publicly disclosed. - correct answer Agency; evaluating




Source Selection Information includes: - correct answer - Bid prices submitted in


response to an agency invitation for bids, or lists of those bid prices before bid


opening.


- Proposed costs or prices submitted in response to an agency solicitation, or lists of


those proposed costs or prices.


- Source selection plans


- Technical evaluation plans


- Technical evaluations of proposals


- Cost or price evaluations or proposals

,- Competitive range determinations that identify proposals that have a reasonable


chance of being selected for award of a contract.


- Rankings of bids, proposals, or competitors


- Reports and evaluations of source selection panels, boards, or advisory councils


- Other information marked as SSI




According to FAR 3.601, a contracting officer shall not knowingly award a contract to a


___ ___ or to a business concern owned or substantially controlled by one or more ___


___. - correct answer Government employee; government employees




Special Government employees performing services as experts, advisors, or


consultants, or as members of advisory committees, are not considered Government


employees unless - - correct answer - The contract arises directly out of an

individual's activity as a special government employee


- In the individual's capacity as a special Government employee, the individual is in a


position to influence the award of the contract


- Or if another conflict of interest is determined to exist

,Which FAR part covers policies and procedures related to avoiding improper business


practices and personal conflicts of interest? - correct answer FAR Part 3 Improper


Business Practices and Personal Conflicts of Interest




Personal Conflict of Interest Definition (FAR 3.1101) - correct answer A personal


conflict of interest is a situation in which a covered employee has a financial interest,


personal activity, or relationship that could impair the employee's ability to act


impartially and in the best interest of the Government.




What is a de minimis interest? - correct answer A de minimis interest is one that


would not impair the employee's ability to act impartially and in the best of interest of


the Government; it is not covered under the definition of personal conflicts of interest.




Personal conflicts of interest occur when ___ ___, including ___ and ___ ___, receive ___


___ ___ from an external company, agency, institution, individual, or any other entity


which may bias the individual's ___ or compromise his or her ability to carry out their


contractual obligation. - correct answer Contractor staff; spouses; dependent children;

personal financial reward; judgment

, An Organizational Conflict of Interest (OCI) is the existence of a set of circumstances in


which a contractor may be unable to render ___ ___ to the government, or might have


impaired ___ in performing contracted work, or may obtain an ___ ___ ___ in the


marketplace when competing for government work. - correct answer Impartial advice;


objectivity; unfair competitive advantage




Unfair advantage can be introduced when the contractor sets the ___ ___ of


procurement, thereby biasing a future competition. - correct answer Ground rules




The essence of OCI is ___ ___ between the best interests of a particular contractor and


the best interests of the government. - correct answer Divided loyalty




Which FAR part provides examples of situations in which OCIs may arise? - correct


answer FAR 9.508 paragraphs (a) through (i)




What are the three broad categories of OCI? - correct answer - Unequal Access

- Impaired Objectivity

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