FAM 104 Week 3 Study Guide with Complete Solutions

FAM 104 Week 3 Study Guide with Complete Solutions Define the purpose of the Federal Acquisition Regulation (FAR) - Answer-Primary regulations for contracting. Standardizes contracting practices. Not a "how to" guide Describe the Competition in Contracting Act (CICA) - Answer-promote full and open competition with the goal of achieving best value (price, schedule, performance) Define Privity of Contract - Answer-Describes the relationship between the government and the prime contractor. Describe the role of the Procurement Contracting Officer (PCO) and buyer - Answer-1. Negotiate/enter into contracts. Administer and terminate contracts. 2. In training, can do everything a PCO can do but cannot sign. Takes care of day to day contracting activities, write RFP or mods and maintain official contract file List expedited contract options - Answer-Other Transactions & Indefinite Delivery-Indefinite Quantity (ID?IQ) Contracts Explain the purpose of an Undefinitized Contract Action (UCA) - Answer-Urgent requirements, allow the government to respond to unforseen emergencies, and authorizes contractors to start work immediately (prior to full proposal) EMILLECT 2024/2025 ACADEMIC YEAR ©2024 EMILLECT. ALL RIGHTS RESERVED FIRST PUBLISH OCTOBER, 2024 Page 2/14 Describe the purpose of a Request for Proposal (RFP) - Answer-solicit proposals from interested parties Describe the purpose of Sections L&M - Answer-1. instructions, conditions & notices 2. evaluation factors for award (how are we going to choose what contractor to award to) Explain the difference between the Statement of Objectives (SOO) and the Statement of Work (SOW) - Answer-SOO: "end result", what we want, less risky to the government SOW: "How", how work will be done, more risky to the government Describe the overall purpose of source selections - Answer-Select the proposal that best suits the needs of the AF Describe the role of the Defense Contract Management Agency (DCMA) - Answer-1. Performs contract administration 2. Work directly with contractors 3. Geographical location (some are embedded with contractors) 4. ACO, Tech Experts, FMs, Quality Assurance Describe the factors in an in-scope and out-of-scope determination and the resulting action of the determination - Answer-In-scope: determination & Findings + Contract Mod Out-of-Scope: Justification & Approval + Contract Mod/New Contract Scope Determination: form, quantity, fit, dollar value, function EMILLECT 2024/2025 ACADEMIC YEAR ©2024 EMILLECT. ALL RIGHTS RESERVED FIRST PUBLISH OCTOBER, 2024 Page 3/14 Define constructive change - Answer-Oral or written communication by CO or government official. Taken as direction to change by contractor. Beyond minimum standards in the contract Define Unauthorized Commitment - Answer-Government person without authority gave the contractor direction outside the bounds of the contract Define Ratification - Answer-uses ratification to fix the situation so that the contractor can be paid for work done Describe the purposes of T&E - Answer-1. Mature system design/manage risk 2. Identify deficiencies early/resolve deficiencies 3. Data for O&S/predicts costs 4. Requirements/mission capable Differentiate between Development Test and Evalu