FAC Final Exam (All Accurately solved)

Who may make changes to a government contract? The agency head A contracting officer, acting within the scope of his or her authority The contractor Any representative of the government correct answers A contracting officer, acting within the scope of his or her authority A basic ordering agreement is considered what type of contract? Fixed-price Cost-reimbursement Incentive It is not a contract correct answers It is not a contract A bidder with adequate financial resources to perform the contract, who is able to comply with the required delivery schedule, has a satisfactory performance record and record of integrity, and has the necessary organizational controls and production facilities to perform the contract, can be determined to be what? Responsive Responsible Ineligible A preferred source correct answers Responsible A buyer that sends its personnel to a work site to visually check on progress is doing what? Direct observation Indirect observation Fact-finding Post-production testing correct answers Direct observation A document in which one party agrees not to make, use, or sell certain information without first entering into an agreement with the owner of the information to do so is called what? A lease A patent A statement of work