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Exam (elaborations)

FAC-C Certification Exam with correct answers 2024

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Who develops a solicitation? correct answers The government, and the buyer Who prepares an offer? correct answers The contractor, and the seller During the post award phase while the contract is being performed, who has responsibility for quality? correct answers The seller Acquisition correct answers FAR 2.101 tells us Acquisition means the acquiring by contract with appropriated funds of supplies or services (including construction) by and for the use of the Federal Government through purchase or lease, whether the supplies or services are already in existence or must be created, developed, demonstrated, and evaluated. Acquisition begins at the point when agency needs are established and includes the description of requirements to satisfy agency needs, solicitation and selection of sources, award of contracts, contract financing, contract performance, contract administration, and those technical and management functions directly related to the process of fulfilling agency needs by contract. Acquisition Team correct answers FAR 1.102-3 describes the Acquisition Team as consisting of all participants in Government acquisition including not only representatives of the technical, supply, and procurement communities but also the customers they serve, and the contractors who provide the products and services. The KO's Role on the Acquisition Team correct answers FAR 1.102-4(a) states Government members of the Acquisition Team must be empowered to make acquisition decisions within their areas of responsibility, including selection, negotiation, and administration of contracts consistent with the Guiding Principles. In particular, the contracting officer must have the authority to the maximum extent practicable and consistent with law, to determine the application of rules, regulations, and policies, on a specific contract. KO Appointments correct answers FAR 1.603-2 requires appointing officials, when selecting contracting officers, to consider the complexity and dollar value of the acquisitions to be assigned and the candidate's experience, training, education, business acumen, judgment, character, and reputation. Examples of selection criteria correct answers -Experience in Government contracting and administration, commercial purchasing, or related fields. -Education or special training in business administration, law, accounting, engineering, or related fields. Knowledge of acquisition policies and procedures, including this and other applicable regulations. -Specialized knowledge in the particular assigned field of contracting.

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Institution
FAC-C Certificat
Course
FAC-C Certificat

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FAC-C Certification Exam
Who develops a solicitation? correct answers The government, and
the buyer
Who prepares an offer? correct answers The contractor, and
the seller
During the post award phase while the contract is being
performed, who
responsibility forhas
quality? correct answers The
seller
Acquisition correct answers FAR 2.101 tells us Acquisition means the y
acquiringwith
contract b appropriated funds of supplies or services (including
construction)
for the use of bytheand
Federal Government through purchase or lease, whether
theservices
or suppliesare already in existence or must be created, developed,
demonstrated,
evaluated. and
Acquisition begins at the point when agency needs are
established and
includes the description of requirements to satisfy agency needs,
solicitation
selection ofand
sources, award of contracts, contract financing, contract
performance,
contract administration, and those technical and management functions
directly
to relatedof fulfilling agency needs by
the process
contract.
Acquisition Team correct answers FAR 1.102-3 describes the Acquisition
Team as of all participants in Government acquisition
consisting
including not only
representatives of the technical, supply, and procurement communities
but also thethey serve, and the contractors who provide the products
customers
and services.
The KO's Role on the Acquisition Team correct answers FAR 1.102-
4(a) states members of the Acquisition Team must be empowered to make
Government
acquisition
decisions within their areas of responsibility, including selection,
negotiation, and
administration of contracts consistent with the Guiding Principles. In
particular, the
contracting officer must have the authority to the maximum extent
practicablewith
consistent and law, to determine the application of rules, regulations, and
policies, on a
specific
contract.
KO Appointments correct answers FAR 1.603-2 requires appointing
officials, when
selecting contracting officers, to consider the complexity and dollar
value of the to be assigned and the candidate's experience, training,
acquisitions
education,
business acumen, judgment, character, and
reputation.
Examples of selection criteria correct answers -Experience in Government
contracting
and administration, commercial purchasing, or
related fields.
-Education or special training in business administration, law, accounting,
engineering,
or related
fields.
Knowledge of acquisition policies and procedures, including this and other
applicable
regulation
s.
-Specialized knowledge in the particular assigned field of
contracting.

, -Satisfactory completion of acquisition training
courses.
DOD KO Requirements correct answers DFARS 201.603-2 tells us that in
order toto serve as a contracting officer with authority to award or
qualify
administer
for amountscontracts
above the simplified acquisition threshold, a
personcompleted
-Have must: all contracting courses required for a contracting officer to
serve in
grade in the
which the employee or member of the armed forces
will serve.
-Have at least 2 years experience in a contracting
position.
-Have received a baccalaureate degree from an accredited educational
institution.
-Meet such additional requirements, based on the dollar value and
complexityawarded
contracts of the or administered in the position, as may be
established
Secretary ofby the
Defense.
-DFARS 201.603-2(2) also lists several exceptions and amplifications to
the above
qualifications for contracting officer
appointments.
FAR 1.602-2 correct answers Contracting officers are responsible for
ensuring
performance of all necessary actions for effective contracting, ensuring
compliance
the terms ofwith
the contract , and safeguarding the interests of the United
States in its relationships. In order to perform these responsibilities,
contractual
contracting
should officerswide latitude to exercise business
be allowed
judgment.
FAR 1.602-2(a) correct answers Contracting Officers must ensure sufficient
funds are for obligation for each contract
available
action.
FAR 1.602-2(b) correct answers states that contracting officers shall
ensure that receive impartial, fair, and equitable treatment. This applies to
contractors
all types of
communications, written and
verbal.
FAR 1.602-2(c) correct answers Contracting officers shall request and
consider
advice ofthe
specialists in audit, law, engineering, information security ,
transportation,
other fields, as and
appropriate.
FAR 1.602-2(d) correct answers states that contracting officers shall
designate
in CORs
writing and furnish copies to the contractor and the contract
administration office.
Which part of the FAR gives the best guidance for personal conflict of
interest? FAR
answers correct
part
3
Which part of the FAR gives the best guidance for organizational conflict
of interest?
correct answers FAR
part 9
FAR 1.102-4(e) correct answers states that contracting officers "should take
the lead in business process innovations and ensuring that business
encouraging
decisions are
sound.
"

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Institution
FAC-C Certificat
Course
FAC-C Certificat

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Uploaded on
November 13, 2024
Number of pages
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Written in
2024/2025
Type
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Contains
Questions & answers

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