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Exam (elaborations)

CON 3990 Contracting Certification Quiz 4 of 4 Exam Questions and Answers Top Graded 2024

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A postaward orientation aids both Government and contractor personnel to? - Achieve a clear and mutual understanding of all contract requirements and identify and resolve potential problems When late in paying an otherwise acceptable invoice, the Government will? - Pay an interest penalty When acquiring commercial items, quality assurance is primarily the responsibility of? - The contractor You have a requirement for an online subscription to Engineering News Record. The site owner requires payment before they will provide the license code number to activate the annual subscription. Which payment form is required? - An advance payment What agency does DoD typically delegate contract administrative functions for supply contracts? - Defense Contract Management Agency A purpose of a postaward orientation is to? - Achieve a clear and mutual understanding of all contract requirements A contractor employee accidentally broke a test fixture that belongs to the Government and is accountable to a Government contract. Generally speaking? - Contractors are not held liable for loss of Government property According to the FAR, the acquisition team? - Includes the contractor With limited exceptions, a Contractor Performance Assessment Reporting System (CPARS) report is required? - When the contract dollar value exceeds the simplified acquisition threshold To be determined responsible by a contracting officer, a prospective contractor must? - Have adequate financial resources to perform the contract, or the ability to obtain them In ensuring overall quality of items and services received under a contract, which of the following is the responsibility of the Government? - Quality assurance surveillance

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