CON 3990 Contracting Certification Quiz 4 of 4 Questions and Complete Solutions Graded A+

CON 3990 Contracting Certification Quiz 4 of 4 Questions and Complete Solutions Graded A+ A postaward orientation aids both Government and contractor personnel to? - Answer: 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? - Answer: Pay an interest penalty When acquiring commercial items, quality assurance is primarily the responsibility of? - Answer: 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? - Answer: An advance payment What agency does DoD typically delegate contract administrative functions for supply contracts? - Answer: Defense Contract Management Agency A purpose of a postaward orientation is to? - Answer: 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? - Answer: Contractors are not held liable for loss of Government property According to the FAR, the acquisition team? - Answer: Includes the contractor With limited exceptions, a Contractor Performance Assessment Reporting System (CPARS) report is required? - Answer: When the contract dollar value exceeds the simplified acquisition threshold To be determined responsible by a contracting officer, a prospective contractor must? - Answer: 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? - Answer: Quality assurance surveillance The Government's preferred remedy to nonconforming goods or services is? - Answer: Allow the contractor to repair or replace the nonconforming items, as long as there is still time left within the required delivery schedule Quality assurance policies and procedures found in FAR part 46? - Answer: Apply to both the Government and contractor Contractors are responsible for - Answer: Tendering to the Government for acceptance only those supplies or services that conform to contract quality requirements Does the Government have the right to inspect a product before it is accepted? - Answer: Yes, always. When does title for a completed product transfer to the Government, assuming the product meets all contract requirements? - Answer: Upon formal acceptance by the Government In commercial contracting, what quality system is utilized? - Answer: The contractor's According to the FAR, acceptance of supplies or services is the responsibility of whom? - Answer: The contracting officer When preparing a solicitation, the quality requirements essential to ensure the integrity of the supplies or services is developed by whom? - Answer: The activity responsible for technical requirements Quality assurance on contract actions valued below the simplified acquisition threshold (SAT) is? - Answer: Minimal, unless a special circumstance exists Which of the following statements regarding Small Business Subcontracting Plans is accurate? - Answer: Not required for contracts with large businesses performed overseas Does the Government's policy to require prime contractors to incorporate, to the maximum extent practicable, commercial items or nondevelopmental items as components of items supplied to the agency, apply to subcontractors at all levels? - Answer: Yes. Which of the following entities has privity with a first-tier subcontractor? - Answer: The prime contractor Which FAR part is titled "Subcontracting Policies and Procedures"? - Answer: FAR part 44 Change orders issued under the changes clause of the contract use which form? - Answer: SF 30 Which of the following contract modifications must be signed by both the contractor and the contracting officer? - Answer: An agreement definitizing a letter contract What are the two types of contract modifications? - Answer: Unilateral and bilateral Which of the following modifications must be issued bilaterally? - Answer: Making a negotiated equitable adjustment caused by a change order Who may execute contract modifications on behalf of the Government? - Answer: Contracting officers When shall contracting officers negotiate equitable adjustments resulting from change orders? - Answer: Within the shortest practicable time What entity can the contractor appeal to if they do not agree with the contracting officer's final decision on a claim? - Answer: The United States Court of Federal Claims You've received a claim on your contract. The contractor is required to certify its claim above what amount? - Answer: $100,000 What part of the FAR covers terminations? - Answer: FAR part 49 You are a contracting officer who has a $260,000 commercial contract. You decide you need to terminate the contract because the contractor has failed to perform. What is the name of this type of termination? - Answer: For Cause The contracting officer is responsible for initiating contract closeout procedures after the contracting officer receives? - Answer: Evidence of physical completion What office/entity is responsible for initiating administrative closeout of the contract after receiving evidence of physical completion? - Answer: The Government contract administration office Contract files for contracts using simplified acquisition procedures should be considered closed when the contracting officer receives evidence of two things. The first is receipt of the property or service. What is the second? - Answer: Final payment A contract is considered physically complete when the contractor has completed all the required deliveries and? - Answer: The Government has accepted all the items